In January-February StalTrans sold 5.8 thousand tons of metal wares, down by 8% YoY. Wire saw the largest drop in sales – by 18%, to 3.8 thousand tons. In March the company intends to sell around 3 thousand tons of metal wares, on the level of February. The products are shipped form the company warehouses…Details
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Next week Yekaterinburg will host the Ti-2017 in CIS conference, organized by the Titanium association. The participants will discuss the current world and Russian market situation, the raw materials and mineral base, possible types of machinery to produce titanium and its semi-finished products, as well as 3D-printing of titanium wares. (Ukrainian metal)Details
Vostok Engineering ponders the possibility of processing ore from the Tomtor deposits (Yakutia) in the Chita region or Krasnoyarsk Krai. “The ore will be processed outside of Yakutia – either in the Chita region, or in the Krasnoyarsk Krai. The final decision has not been taken yet, though”, the company managing director Segrey Sergienko said.…Details
Norilsk Nickel is ready to study the offer on the Udokan deposits development in the Zabaikalie region, but the company has not received such an offer. “We have no offers so far. If we get any, we’ll discuss it”, the company CEO Vladimir Potanin said. The Udokan deposits is one of the largest copper deposits…Details
Metalloinvest is transferring its managing company from Moscow to Stariy Oskol in the Belgorod region. The town houses its main manufacturing capacities. Moscow will retain financial division, GR and marketing. The transfer has already commenced and is expected to be finished in 2018. Half of the managing company will be relocated to Stariy Oskol by…Details
An employment center for Metinvest workers from the companies on the occupied territories has started operating in Mariupol. According to Azovstal CEO Enver Tskitishvili, the Metinvest staff is a single body, despite territorial spread. Azovstal has already employed the first workers from the Yenakievo Iron and Steel Works. Other Metinvest enterprises do the same. On…Details
In January-February Chukotka region mined 3,577 tons of gold, down by 14% YoY. The overall decrease was the result of the output drop at the large gold and silver deposits of Kupol and Dvoynoye. At Kupol the Chukotka Mining and Geological Company mined 1.472 tons of gold, down by 218 kg YoY, and 19.9 tons…Details
From the start of the year and as of March 17, the gold-mining company Druza has mined 135 kg of gold at its Nevskoye deposits. “At present we continue mining ore gold at the Nevskoye deposits. Operations at the Bolshoy Dogaldyn have already been started”, the company chief geologist Konstantin Morgun said. In 2017 Druza…Details
The management of Susumanzoloto intends to mine 4050 kg of gold at its deposits in the Magadan region. “At present we make all the preparations to the season: repair machinery, carry out drilling and blasting. We’ll start extracting alluvial gold in April. At the same time we continue mining ore gold at the Vetrenskoye deposits.…Details
Interpipe has started importing scrap from Moldova. “We import scrap from Russia and from Moldova. These are just trial batches, of around several tons. But I expect scrap imports to increase in future. There are no other options”, Interpipe finances and economy director Denis Morozov said. According to him, if scrap is imported from other…Details
In 2016 Ukraine imported 1.35 million tons (31.55 thousand wagons) of coke from the uncontrolled territories, and supplied 193.6 thousand tons of coke (4.52 thousand wagons) there. According to the Ukrzaliznytsia report, iron and manganese ore imports from uncontrolled territories totaled 28.72 thousand tons (430 wagons), exports – 5.27 million tons (76.54 thousand wagons). Ferrous…Details
A delegation from AvtoVAZ headed by its president Nicolas Maure has paid a visit to Magnitogorsk Iron and Steel Works. The guests visited the oxygen-converter shop of MMK, as well as the sheet-rolling shop No. 11, which now has the newest cold-rolling mill, intended for high-quality automobile sheet production in particular. The sheet is used…Details
The shareholders of PJSC Central Mining and Processing Works, a part of Metinvest Group, intend to pay UAH 1.665 billion from the UAH 2.219 billion net profit in dividends for 2016. It is planned to distribute profit at an annual meeting of the shareholders scheduled for April 19. According to the draft decision of the…Details