In 2019 MirBlagMet LLC extracted 103 kg of alluvial gold in Amur region, up from the target of 90 kg. The company owns two licenses to develop deposits at the Bom and Dugda rivers. In 2018 gold output totaled 102 kg. This year the company intends to extract at least 100 kg of alluvial gold.…Details
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Beloretsk Iron and Steel Works has produced a batch of stainless wire to be used in housing construction in Moscow. 60 tons of wire were delivered to EcoDoc construction company by Mechel-Service. The wire will be used in the manufacture of reinforcement facing tiles for the construction of a hosing complex Wellton Towers. (Ukrainian metal)Details
In 2019 Krasniy Octyabr occupied the first place among stainless steel manufacturers – the company produced 26.28 thousand tons. The Krasniy Octyabr share in the total manufacture comprised 29.5%. Stainless steel output last year grew by 12.7% YoY, to 105.86 thousand tons. (Ukrainian metal)Details
In 2019 ChTPZ Group sold 2070 thousand tons of pipes, up by 8% YoY. Exports accounted for 736 thousand tons, or 36%. 1334 thousand tons were delivered to the Russian market. Large-diameter pipes sales increased by 33%, to 916 thousand tons. OCTG pipes sales grew by 3%, to 469 thousand tons. (Ukrainian metal)Details
In January Zaporozhogneupor produced 9763 tons of molded refractory materials. In particular, the company produced 4247 tons of fireclay refractories, 3466 tons of magnesian wares and 2050 tons of high-alumina refractories. Last year Zaporozhogneupor produced 107029 tons of molded refractories, up by 12% YoY: 48352 tons of fireclay wares, 40371 tons of magnesian wares and…Details
In January Pobuzhye Ferronickel Plant increased salary by 10%. In 2019 average salary grew by 12.6%, to 10.65 thousand UAH. In the past three years wages at the plant have increased almost 2-fold. From July 2018 they have grown by 38%. In 2019 average salary in metal industry went up by 14% YoY, to 14.25…Details
In 2019 Russia imported 7.196 million tons of ferrous metals, up by 0.6% YoY, valued at $5028 million, down by 5%. According to the Federal Customs Service, the import of ferrous metals without pig iron, ferroalloys, wastes and scrap grew by 2.3%, to 5.815 million tons. Steel pipes imports increased by 75.9%, to 994.9 thousand…Details
In January Dneprospetsstal produced 10.809 thousand tons of rolled metal, down by 5.5% YoY. Steel manufacture decreased by 2.7%, to 14.149 thousand tons. The total cost of products manufactured in January reached 522.422 million UAH, down by 31.3%. (Ukrainian metal)Details
The Board of Directors of Chelyabinsk Pipe Rolling Plant has approved the company’s development strategy for the period through 2024 and nominated two independent directors for approval by the shareholders meeting. The new strategy seeks to ensure consistent and strong business growth by transforming Chelpipe Group to a customer-centric enterprise. The strategy focuses on developing…Details
Severstal-Metiz has supplied strands for the construction of the Moscow subway Big Ring Line. In late 2019 a mechanized blade shield named Victoria with the weight of 870 tons and the diameter of 10 meters was commissioned in the subway. This was the first descent of the assembled shield in the history of the Moscow…Details
Pipeline sales of Russia’s Chelyabinsk Pipe Plant (ChelPipe) rose by 8%, to 2.07 million tons in 2019, the company said in a statement on February 13. Sales of large-diameter pipes went up by 33%, to 916,000 tons. Sales of seamless industrial pipes grew by 11%, to 498,000 tons, of oil country tubular goods by 3%,…Details
Mining deposits are offered to business for privatization in addition to other state-owned assets offered through the program “100 Investment Offers for Business”. Within the framework of the program, mineral resource deposits are selected from around different regions of Georgia and are sold at e-auction. As of now, the number of mining licenses listed on…Details
Minister of Agriculture and Environmental Protection Levan Davitashvili and head of parliament’s Environmental Protection Committee, Nino Tsilosani have visited the gold mining company RMG Gold and Copper in the village of Kazreti, Kvemo Kartli region, to check how the company met its obligation to decrease pollution. The Dutch Rich Metals Group, which owns RMG Gold…Details