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…
DetailsThe 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…
DetailsOn 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…
DetailsRussian 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…
DetailsIn 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%,…
DetailsIn 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%)…
DetailsThe 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…
DetailsIn 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%…
DetailsIn 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…
DetailsThe 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…
DetailsIn 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,…
DetailsOn 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…
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