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In January-July Magadan region fulfilled the gold-mining plan by 51%, having obtained 15.9 tons of gold, up by 2.9 tons YoY. This year the region intends to get 30.9 tons of gold. The growth has been provided by the ore companies, which have mined 2.5 tons more than in 2016. The most gold has been…
DetailsIn January-June KAZ Minerals EBITDA totaled $240 million, up from $91 million in H1 2016. The company profits in the period increased from $302 million to $721 million. In 2016 KAZ Minerals increased its gross profit by 43% YoY, to $969 million. (Ukrainian metal)
DetailsIn January-June Azerbaijan imported 133.7 thousand tons of rolled metal, down by 1.4% YoY, valued at $83.536 million. According to the statistics, ferrous rods imports increased by 15.9%, to 52.835 thousand tons valued at $26.963 million, ferrous angles by 36.6%, to 19.115 thousand tons at $13.383 million, while imports of ferrous pipes dropped by 66.5%…
DetailsAccording to the contract concluded, Energomashspetsstal will produce another batch of rolls for Azovstal Iron and Steel Works. The contract provides for the delivery of 40 working rolls for hot-rolling with the weight of up to 40 tons. The rolls will be delivered in October-November. Their total weight will be 316.48 tons. EMSS rolls will…
DetailsThe Ukrainian Prime Minister Vladimir Groysman has paid attention to the corruption in the issue of providing wagons by Ukrzaliznytsia and has set a task for the railroad company to deal with it. “That’s a good news, that the requests of cargo senders have finally been heard. We are sure that the attention of the…
DetailsThe Amurmetal plant, the only metallurgical facility in Russia’s Far East, that resumed operations in late July after a 6-month shutdown, has launched exports to Asia, the Far East Development Ministry said quoting Vladimir Lebedev, CEO of Torex-Khabarovsk, a resident of the Khabarovsk priority development area, on August 18. “Over 60% of the products is…
DetailsThe President of the Republic of Uzbekistan signed a decree “On additional measures on further development of JSC “Almalyk MMC”. The document was adopted in order to accelerate the sustainable development of production facilities of JSC “Almalyk MMC”, expanding the raw material base of the plant, attracting the advanced technologies in the development of deposits…
DetailsThe Amurmetal plant, the only metallurgical facility in Russia’s Far East, resumed operations in late July after a 6-month shutdown to produce 30,000 tons of steel, the Far East Development Ministry said quoting Vladimir Lebedev, CEO of Torex-Khabarovsk, a resident of the Khabarovsk priority development area. “Torex bought the facility in late January to become…
DetailsIn January-July Ukrainian companies increased rolled metal consumption by 18.5% YoY, to 2.036 million tons. Rolled metal exports totaled 10.618 million tons, up from 8.477 million tons in H1 2016. In particular Ukraine exported 2.8 million tons of long rolled metal (2.091 million tons in H1 2016), 2.9885 million tons of flat rolled metal (2.925…
DetailsAvdiivka Coke and Chemical Works has started constructing a new tube-type furnace to heat coal pitch. According to the company statement, the object will remove failures in the whole coal pitch processing shop operation. Investments total 38 million UAH. At present the works operates 2 tube-type furnaces. They have been working long and need to…
DetailsDneprovsky Iron and Steel Combine has stopped its blast furnace No. 12 for scheduled repairs. BF No. 1M and BF No. 9 are operating normally. They are fully provided with raw materials. The sinter shop No. 2 operates to supply sinter to the blast furnace shop. The converter shop is manufacturing square billets for rolling…
DetailsIn January-July Ukraine exported 188.039 thousand tons of ferrous scrap, down by 19.4% YoY, valued at $40.627 million, down by 0.9%. At the same time scrap imports increased by 0.2%, to 15.031 thousand tons, valued at $13.96 million, up 3.4-fold. The main suppliers of scrap were Turkey (87.44%), Moldova (5.8%) and Russia (3.07%), with Turkey…
DetailsTajikistan Aluminum Company is increasing primary aluminum output, the country main export product. According to the company representatives, the output increase is spurred by the world prices growth. “We have both resources and ability to increase output and reach the annual target by year-end”, TALCO information-analytical department director Igor Satarov said. This year the company…
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