Interpipe intends to take part in the second auction of large scrap batches sales by Ukrzaliznytsia. But it does not have the task to win at any cost, the company CFO Denis Morozov said. “We plan to apply for participation, but we don’t have the goal to win. Our goal is for the Ukrainian scrap…Details
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Evraz NTMK has produced a batch of R50 OT350 rails for Rusal to develop the infrastructure of bauxites deposits in Guinea – Compagnie des Bauxites de Kindia. According to the company statement, the rails will be used to repair railroad connecting the company to the Konakri seaport. Africa is one of the target regions for…Details
Severstal-Metiz has supplied high-strength rebar ropes in polyethylene coating for the repair of the Rostov Nuclear Power Plant first reactor framework. The ropes have been manufactured in compliance with the Federal norms and safety rules in nuclear industry. Previous suppliers of such ropes have been from Europe. (Ukrainian metal)Details
The mining and smelting enterprise based in Masalsky field in Akmola region, that is to be constructed, will create 7,000 new jobs. On May 14, representatives of LLP “Masalsky Mining and Processing Plant” signed agreements with China National Technical Import and Export Corporation (CNTIC) and Exim Bank of China for construction of the above plant.…Details
After Ukrgazdobycha attracted world operators of deep drilling the Ukrainian market of steel pipes for oil-and-gas extraction will see a sharp increase of demand. “Until then there will be no increase of demand on the local market”, Interpipe chief finance and economy officer Denis Morozov said. At the same time Ukrgazdobycha increased oil-and-gas pipes purchases.…Details
In January-April Ukrainian thermal and central heating power plants received 550.5 thousand tons of imported coal, including 137.2 thousand tons in April. All the April coal was supplied from Russia. According to the Ministry of energy and coal industry, Ukrainian power plants received 72.9 thousand tons of coal from the South African Republic, 358.8 thousand…Details
In January-April ArcelorMittal Temirtau produced 1.296 million tons of steel, up by 8.2% YoY and by 1.8% from the best result of the past 10 years, achieved in 2007. In January-April the works produced 1.222 million tons of pig iron, up by 8.4% YoY and by 2% from 2007. Pig iron manufacturing target was 105.3%…Details
In January-March Metalloinvest produced 10.07 million tons of iron ore, up by 0.4% YoY. Pellets output increased by 0.2%, to 5.98 million tons, hot-briquetted iron production dropped by 0.6% YoY, to 1.47 million tons. Pig iron manufacture decreased by 14.6% YoY, to 0.64 million tons, steel – went up by 12.6%, to 1.23 million tons.…Details
For the last year the Mariupol metal companies underreceived 6 million tons of raw materials. “That’s some 1 million tons of underproduced pig iron and 1 million tons of pig iron, produced with uncompetitive cost price due to time consuming supplies”, Mariupol Ilyich Iron and Steel Works CEO Yuri Zinchenko wrote on his Facebook page.…Details
After three months of forced idleness Avdiivka Coke and Chemical Plant has put the second manufacturing wing into operation. 4 structural divisions of the enterprise renewed operation. This provided full-time labor for all the employees (around 4 thousand people). In late January because of the constant problems with electricity due to military activity the works…Details
The reduction of uranium mining in Kazakhstan facilitated price increase for the metal, the country’s Energy Minister Kanat Bozumbayev said at a government hour in Majilis. “Today, there is an increase in supply on the world uranium market. This trend arose after the Fukushima incident in 2011 and it continues. Last year, the price of…Details
Prime Minister of Kazakhstan was briefed on the process automation system at EvrazKaspianStal, which allowed increased production volume and ensured high quality. The metallurgical plant is an innovative project implemented jointly with Russian partners. Company’s technical equipment and level automation meet the requirements of the Fourth Industrial Revolution “Industrialization 4.0” concept. The plant processes and…Details
In the first three months of 2017, Kumtor Gold Company produced 127,400 ounces or 3962.59 kg of gold and contributed more than 2.2 billion soms in taxes and mandatory payments. Gold production for the first quarter of 2017 was 127,400 ounces compared to 86,444 ounces of gold in the comparative period of 2016. The increase…Details