Magadan region plans to produce 30.5 tons of gold in 2017 to hit a record high of the past years, the regional government said in a statement on April 10. “The Magadan region demonstrated a stable rise in lode gold output from 2009 through 2016. Production rose by 6.4 tons from 5.5 tons to 11.9…Details
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Ukrgrafit could be shut down because of the lack of the main raw materials – anthracite coal. At present the company has to import coal from Russia. Ukrgrafit manufactures electrodes and other coal-graphite products for metal companies. Before the blockade it imported raw materials from the militants-controlled area of Donbass. When these deliveries ceased, the…Details
In March Ukraine mined 2.98 million tons of coal, down by 12.8% YoY, or by 438.2 thousand tons. The decrease has to do with the militants occupying coal enterprises of DTEK. According to the Ministry of energy and coal industry, the total yield of DTEK mines (Komsomolets Donbassa, Sverdlovantrazit and Rovenkiantrazit), is 30.3 thousand tons,…Details
In January-March Zaporozhogneupor increased unmolded refractories output by 15% YoY, to 1.831 thousand tons. At the same time molded refractories output (refractory concretes, mixes and masses) decreased by 5%, to 24.222 thousand tons. In March the company produced 9207 tons of molded and 489 tons of unmolded refractories. (Ukrainian metal)Details
In 2016 Russian Copper Company received 3.957 billion rubles of net profits. Among its main enterprises Mikheevsky GOK yielded the most: its profits reached 3.874 billion rubles. Aktyubinsk Copper Company (Kazakhstan) received 3.34 billion rubles of net profits, Karabashmed – 2.523 billion rubles, Kyshtym Copper Smelting Works – 1.34 billion rubles. Aleksandrinskaya Mining Company received…Details
Cherepovets Iron and Steel Works, a part of Severstal, has started assembling the main equipment for the new coating shop No. 3. The crane with the lifting capacity 35/15 tons has already been assembled. The crane costing 50 million rubles has been especially developed for this site. “Thanks to the new shop our company will…Details
As of early April 10, anthracite stocks at the thermal power plants totaled 399.5 thousand tons, down by 10.1% WoW. According to the Ministry of energy and coal industry, gas-coal stocks increased by 2.7%, to 1.42 million tons. More than half of the anthracite (203.7 thousand tons) is stored at the Lugansk TPP. Altogether coal…Details
Zaporizhstal has completed the large-scale assembly at the blast furnace No. 3 being reconstructed. “We’re carrying out electric and technical work and starting testing the equipment”, the company CEO Rostislav Shurma said. The gigantic crane Mammoet with the lifting capacity of 1600 tons has finished its work at the reconstruction. Soon it will be disassembled…Details
Yenakievo Iron and Steel Works, occupied by the Donetsk People’s Republic terrorist organization, has to receive the first batch of raw materials this week. “We have signed all the necessary documents. With the new raw materials we will be able to resume operation at EMZ”, the Donetsk militants leader Alexander Zakharchenko said. (Ukrainian metal)Details
Beloretsk Iron and Steel Works, a part of Mechel, has prolonged its loan line from Gazprombank till April 2022. According to the company statement, the volume of the loan is 3.1 billion rubles, or 19.9% of the assets cost as of the end of Q1. The initial agreement with the bank was signed in April…Details
Ferrum has received the new pipe-welding mill. The mill produces thin-walled cold-rolled pipes with 0.5-1.6 mm wall thickness. This will be a unique product for Novosibirsk region. The mill will be put into operation in late May. Ferrum started producing electric-welded pipes in 2015. It has 3 mills with the total capacity of 15 thousand…Details
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Anatoly Sedykh, Chairman of the Management Board of United Metallurgical Company (OMK), took place in Moscow. It was noted that the long-term cooperation between the companies had strategic importance. Pipe products made by OMK comply with high standards and requirements set by…Details