Since May 11, the new general manager of Severstal – Balakovo, a part of Severstal Russian Steel, is Artem Akinfiev, who has previously been responsible for the improvement of manufacturing processes at Promservis, another part of SRS. “In his new office Akinfiev will be responsible for increase of the company competitiveness on the bars market”,…Details
In January-March Russia exported 752 tons of stainless steel products, down by 31.4% YoY. The exports consisted of billets (27.7% of the total volume), bars (22.7%), electric welded pipes (16.6%), flats (16.2%), seamless pipes (12.5%), valves (2.4%) and wire (1.9%). Except for the billets and valves, which demonstrated a rise of 9.8-fold, to 208 tons,…Details
On May 8, in PJSC ArcelorMittal Kriviy Rih an accident happened which led to the death of the company’s employee. At Sinter plant of Steelmaking Production of the plant reinforced concrete roofing of charge section fell on belt conveyers. At that moment the doser was working between the conveyers. As a result of falling of…Details
DTEK has started supplying Pridneprovskaya and Krivorozhskaya thermal power plants with coal from its mines in Rostov region (Russia). “Before the first coal from the South African Republic arrives in June, DTEK decided to direct some coal from Obukhovskoye mine group in Russia”, the company informed. The enterprise is a part of DTEK and at…Details
So far the gold washers of Kolyma have yielded 1.7 tons more gold then last year.
The plan for the year is 30.5 tons.
In 2016 Kolyma miners produced 27.9 tons of gold and 889.2 tons of silver, with 15.9 tons of alluvial metal, an absolute record for Russia.
Susumanzoloto yielded 4.5 tons. (Ukrainian metal)
In 2015-2016 MGTS earned 1.36 billion rubles each year from sales of old copper cable. The company does not disclose the volume of sales, but taking into account procurement prices in Moscow, it could have been 4500 tons in 2016. MGTS not only sells old cable, but also buys new one. In April it announced…Details
The rail-beam shop of Evraz ZSMK has initiated a project to start producing new lengths of rails and increase R65 100-meter rails output. Investments will total 168 million rubles. The shop will see the construction of the second rail line, after which ZSMK will be able to produce European rails 60E1 and 54E1 with the…Details
On May 8 there was a cave-in of a concrete construction on the territory of ArcelorMittal Kriviy Rih. The cave-in size was 500 square meters. An hour after the cave-in the rescuers were able to retrieve a body. During the accident there were 4 people in the building, three of them were able to escape…Details
Russian authorities have started denying coalminers new licenses because of the accident and safety risks. MMK and PMH are operating at the Nikitinskiy Verkhniy site in Kuzbass – the former has some 130 million tons of deposits, while the latter intends to start mining at the site with 200 million tons. But the Ministry of…Details
In January-April Russian seaports throughput of ferrous metals dropped by 0.4% YoY, to 9.68 million tons, with exports at 9.46 million tons, down by 2.1%, and imports at 220.53 thousand tons, up 3.7-fold. Railroad exports to port Novorossiysk totaled 3.58 million tons, down by 8.3% YoY, St. Petersburg – 2.1 million tons, up by 24.7%,…Details
In January-April Ukraine exported $947.4 million worth of iron ore raw materials, up by 85% YoY. According to the State Fiscal Service, exports reached 12.019 million tons, down by 15.8% YoY, with the share in the total exports revenue at 6.9%. The main buyers of Ukrainian iron ore raw materials were China (30%), Poland (10.6%)…Details
The quarry No. 7 of Irshansk Mining and Processing Works is switching to processing its own products, stocked during the years of operation. The switch of capacities will be made in July. The volume of the products (some 2.5 million cubic meters) will be enough for 3 years of operation enabling the quarry to produce…Details
In April Ukraine mined 2.706 million tons of coal, down by 22.3% YoY. According to the Ministry of energy and coal industry, coking coal output decreased by 25%, to 2.309 million tons. In January-April coal output dropped by 3.3%, to 13.66 million tons. In 2016 Ukraine mined 40.864 million tons of coal, up by 2.8%…Details
In January-April Ukraine increased ferrous metals export revenue by 27.4% YoY, to $2.64 billion. Ferrous metals share was 19.26% of the total exports. According to the State Fiscal Service, metal wares exports increased by 25% YoY, to $262.3 million (1.9% of the total exports). Last year ferrous metals exports revenue decreased by 10.3% YoY, to…Details
The chairman of the Independent Miners Union of Ukraine Mikhail Volynets believes that the tragedy at the Stepnaya mine is the result of negligence of the management and the violation of the safety rules. “For instance, one of the miners could only use the fourth self-rescuer, only after that he was able to help the…Details
In January-March Ukraine sold 532.95 billion UAH of industrial goods (products and services), up by 34.7% YoY, including 140.84 billion UAH exported, up by 40.3%. According to the State Statistics Service, mining and quarry industry sales increased by 75.4% and of processing – by 28.1%. Metal and metal wares accounted for 16.7% of the sales,…Details
On May 4, the Novovolynsk miners met the deputies of the people’s deputy Igor Guz to discuss the salary debt problems. According to the chairman of the local miners union Anatoly Mukhomedzhanov, the miners have not received 30% of the February payment, and 100% of March and April salary. So far the debt amounts to…Details
In January-April Ukraine imported 4832.316 thousand tons of coal valued at $770.936 million, down by 9.7% and up by 66.2% YoY respectively. April saw coal imports at $201.304. According to the State Fiscal Service, Russia supplied $433.931 million worth of coal (56.29% of the total), USA – $159.502 million (20.69%), Australia – $54.702 million (7.1%),…Details
Group IST of Alexander Nesis, through Powerboom Investments Limited, has increased its share in the gold-mining company Polymetal to 27.13% from 26.87%. Nesis bought 1.895 million shares, or 0.26% of the stake. As the shares are sold at around 10 GBP, the stake purchased can be estimated at 19 million GBP ($25.5 million). Out of…Details
Evraz dispatched a batch of nodules produced at Kachkanarsk Mining and Processing Works to US Steel Kosice, the biggest steel mill in Slovakia. The nodules fully meet the customer’s requirements in chemical composition and physical properties. The content of iron in the nodules is above 60%; such high strength and solidity characteristics allow producing high…Details
Reserves of the Smolinskaya mine, a part of Vostochniy Mining and Processing Works, at the Vatutinskoye uranium deposit are below 1.4 thousand tons. The mine is expected to have finished operation at the deposits in 3-5 years. At present VostGOK operates at 4 uranium deposits: Vatutinskoye, Michurinskoye, Central and Novokonstaninovskoye. The first three have been…Details
The State Geology and Subsurface Service has cancelled 62 special allowances to use subsurface resources in Donetsk and Lugansk regions because of the absence of reports on mining in 2015-2016.
In March the salary debt to state miners increased by 46.5% MoM, or by 20.222 million UAH, to 63.682 million UAH. According to the Ministry of energy and coal industry, as of March 1, the debt was 43.46 million UAH, and as of April 1 – 63.682 million UAH. As of January 1, the debt…Details
Ukrainian companies seized by the terrorist organizations of Donetsk and Lugansk People’s Republics, supported by Russia, start to shut down. “Anthracite coal, mined there, is needed neither by them, nor by Russia. They have enough of their own coal. The only way is to shut down. The mine named after Zasyadko is shut down, employees…Details
Russky Radiator LLC has finished construction and assembly at the free sites of Nadvoitsy Aluminum Works. The company will be producing aluminum radiators at the new site. The quality of the products will be controlled at each stage. In June all the machinery will be trial-tested, while the full manufacturing capacity is expected to be…Details
In January-February Russia produced 31.01 tons of gold (33.25 tons in 2016), including 23.76 tons of mined gold (24.56 tons), 2.69 tons of by-product gold (2.19 tons) and 4.55 tons of secondary gold (6.49 tons). At the same time silver output totaled 133.91 tons (137.24 tons), including 60.43 tons of mined silver (71.32 tons), 48.05…Details