In mid-April Rusolovo will start mining tin at its Pravourminskoye deposits in Khabarovsk krai. This year the company intends to mine 830-850 tons of tin there, last year it mined 600 tons. The Molodezhny mine yielded 70 tons of concentrate last year, its capacity being 1.5 thousand tons per year. All in all in 2017…
DetailsWithin the construction of the second stage of the copper electrolysis shop at Uralelectromed, a part of UMMC, a new machine to strip copper cathodes will be put into operation. This would be the same machine as is currently operating in the first stage of the shop, but all the work will be done by…
DetailsNLMK-Sort rebar and rolled wire mill has the capacity of 1 million tons per year. The Danieli mill can produce 6-16 m rebars and 5.5-22 mm rolled wire. A part of products (some 330 thousand tons of 5.5-6.5 rolled wire) is supplied to NLMK-Metiz, the rest is sold locally or exported. In 2017 the company…
DetailsThe Rovno commercial court of appeals has cancelled the ruling of the Commercial court of the Volyn region dated February 21, which initiated the bankruptcy of the state-run Volynugol. The state enterprise has been in the process of going bankrupt since March 2. The appeal on the bankruptcy ruling was filed by the Ministry of…
DetailsMariupol Ilyich Iron and Steel Works started manufacturing new products for the delivery to USA. “The US market is very attractive for our products. We are actively increasing the range of customers there, as well as new products. A good result for March is the cold-rolled structure steel according to ASTM A 1008/A 1008M”, the…
DetailsVorkutaugol, a part of Severstal, has put into operation two new long faces at the Vorkutinskaya and Komsomolskaya mines. The Vorkutinskaya long face reserves are estimated at 468 thousands tons of coal. The mining will be carried out until November. The Komsomolskaya face has 856 thousand tons of coal, enough till March 2018. (Ukrainian metal)
DetailsArmenian scientists are working on the new technique to produce magnesium. According to Vagan Lalayan, the head of the Ministry of economical development and investments department of investment policy, their partner is the Ecoatom company. “The company wants to construct a works to produce 1 thousand tons of magnesium per year. There are many ways…
DetailsDneprovsky Iron and Steel Works has started blowing-in its blast furnace No. 9. “The situation at the enterprise is improving. In the near future we will start receiving coke, and we will resume operation”, the acting CEO of the company Alexander Podkorytov said. On March 30, DMK had to shut down its blast furnace because…
DetailsOn April 5, the Norilsk Nickel Board of Directors set the date for the AGM on June 9, and the record date for the AGM participation has been set on May 16. The list of candidates nominated to the Board of Directors includes: Gareth Penny, Non-executive Chairman of the Board, Pangolin Diamonds Corp. and Edcon…
DetailsIn January-March Zagorsky Pipe Works increased its customer portfolio. For the first time the PNP pipes were sent for the Yamal LNG and AcrticGas projects. The company also delivered all the necessary pipes to Lukoil West Siberia one month earlier. “In April we intend to produce 13-14 thousand tons of pipes and we are sure…
DetailsIn 2016 Vostochniy Mining and Processing Works increased net profits 37.2-fold YoY, or by 480.617 million UAH, to 493.891 million UAH. According to the company statement, its net income dropped by 5.8%, or by 164.107 million UAH, to 2680.433 million UAH, while gross profit almost doubled, to 728.611 million UAH. As of December 31, 2016…
DetailsIn 2016 Ceramet processed and sold almost 1 million tons of scrap, with over 200 thousand tons delivered locally. European customers purchased 800 thousand tons of scrap, with Keramet Polska Sp. z o.o. supplying 60% of this volume and Keramet Hungary Kft – 40%. Last year the company invested 16.8 million UAH in the development…
DetailsEnergomashspetsstal has shipped the press table weighing 18.5 tons to Germany. The customer is Gerlach GmbH, the daughter company of ThyssenKrupp AG, specializing in the manufacture of metal mills. The contract was concluded in 2014. And the companies have been cooperating since then. (Ukrainian metal)
Details