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Last year Kyshtym Electrolytic Copper Plant produced 128 thousand tons of copper cathodes, setting a historical record. According to the company CEO Andrei Kudryavtsev, it also produced 155 thousand tons of anodes and over 95 thousand tons of wire rods. This year the company is expected to manufacture 88.5 thousand tons of wire rod (the…
DetailsNext year Chelyabinsk Zinc Works intends to increase zinc and alloys output by 4.7% YoY, to 200 thousand tons. This is the maximum capacity of the plant. The further increase of output is as yet impossible. Following a large fire at Electrozinc in October and its subsequent shut down, ChelZinc remains the only UMMC enterprise…
DetailsKuzbassrazrezugol has commissioned the most powerful Russian excavator EKG-35 No. 1 at the Krasnobrodsky pit. Uralmashzavod started designing the machine in 2012 according to Kuzbassrazrezugol specifications. In 2017 the excavator was assembled and in March entered trial operation. In June-July the machine loaded 900 thousand cubic meters of rock. Next year Kuzbassrazrezugol intends to buy…
DetailsVyborg Ship-building Works is one of the key partners of Sanesta-Metal. The company supplies steel pipes to the plant. In 2017-2018 some deliveries were connected with the projects to construct fishing trawlers of new generation. Two freezing trawlers are being constructed at the order of the Arkhangelsk Trawler Fleet. The plant is also building 4…
DetailsUral Mining Metallurgical Company (UMMC), one of the top Russian producers of copper, zinc and other precious metals, has signed a debut EUR 100-million syndicated loan. Mandated Lead Arrangers, Bookrunners and Lenders are Raiffeisen Bank International AG, AO Raiffeisenbank, PJSC Rosbank and Societe Generale. Raiffeisen Bank International AG and AO Raiffeisenbank acted as documentation agents…
DetailsIn November Ukraine exported $57.775 million worth of pipes, down by 6.1% YoY, while imports grew by 77.6%, to $18.965 million. According to the State Fiscal Service, USA imported the largest batches of pipes – $11.506 million. In January-November Ukraine exported $681.476 million worth of pipes, up by 33.4% YoY, while imports increased by 50.9%,…
DetailsPrecious metal prices increased in Azerbaijan on December 25, the Central Bank reported. The price of gold grew by 7.5225 manats, to 2,156.518 manats per ounce on December 25 compared to the price on December 24. The price of silver went up by 0.0765 manats, to 25.1214 manats per ounce. The price of palladium increased…
DetailsArcelorMittal Kriviy Rih has started a quarterly competition on energy efficiency. The winners will receive rewards for their suggestions. For example, there is a way to decrease the volume of reactive electric energy, which costs the company 22 million UAH per year. The creation of a special program that monitors the consumption of the excess…
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