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Precious metal prices varied in Azerbaijan on December 19,accortding to the Central Bank. The price of gold increased by 4.76 manats, to 2,127.1165 manats per ounce on December 19 compared to the price on December 18. The price of silver grew by 0.0036 manats, to 24.9756 manats per ounce. At the same time the price…
DetailsAccording to the people’s deputy Konstantin Zhevago, controlling Ferrexpo, the construction of the electrometallurgical plant Vorskla Steel near the town of Kremenchug has been postponed for 10 years. The reason is the economical inexpediency of the construction. “The government claimed the gas would be cheap. But now it’s expensive. There is no sense for us…
DetailsDuring the cave-in of rock at a mine in Toretsk (Donetsk region) one miner perished. The cave-in occurred at the depth of over 1 thousand meters. 8 miners were in the shaft at the moment. One of them was killed. (Ukrainian metal)
DetailsUralelectromed is finishing construction of the second stage of the steel structures manufacture. The commissioning of the manufacturing complex is scheduled for early 2019. The area of the second stage will be identical to the first, that is 8 thousand square meters. The cost of the new site is 400 million rubles. The second stage…
DetailsMikheyevsky Mining and Processing Works has started testing a new pulp feed line node. It will enable quickly switching pulp feeding between the first and the second tail dumps. The capacity of the new node will exceed that of the previous equipment some 10-fold. The commissioning of the new node is scheduled for Q1 2019.…
DetailsIn January-October the consolidated throughput of NMTP terminals totaled 116.946 million tons, down by 2.4% YoY. Ferrous metals and pig iron accounted for 11.165 million tons, up by 11.3% YoY. Non-ferrous metals throughput dropped by 13.3%, to 0.826 million tons, and of iron ore raw materials – by 4.8%, to 2.011 million tons. (Ukrainian metal)
DetailsIn January-November Kamensk-Uralsky Non-ferrous Metals Processing Works produced 22 thousand tons of wares, up by 3% YoY. Non-ferrous metals output was 18.8 thousand tons, up by 11%. The increase in output is the result of the exhibition activity development. This year the company has participated in 5 major international exhibitions. (Ukrainian metal)
DetailsMagnitogorsk Iron and Steel Works (MMK) has achieved a new record indicator for the resilience of the refractory lining of the main arch of the two-hearth furnace (THF) at the electric steel smelting shop. Refractories, which face the internal surface of a furnace, withstood 1,321 melts. The previous highest indicator (1,265 melts) was set just…
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