Russia’s Federal Mineral Resources Agency has granted a license to develop the Sukhoi Log gold deposit to SL Zoloto, a joint venture between miner Polyus and state conglomerate Rostec, Polyus said in a statement. Polyus plans to perform additional geological survey and design a feasibility study with the help of international consultants in the next…
DetailsUzbekugol held on February 20 a press conference titled ‘Levels of perspective specialty development’ to inform media on the work done under the Cabinet resolution ‘On additional measures for improvement of coal production supply to the population and budget organizations of the Republic’. Uzbekugol, a part of Uzbekenergo, has been mining and selling coal for…
DetailsUkraine has started an antidumping investigation on the imports of rebars and wire rods from Russia. The corresponding decision was taken by the foreign trade commission of Ukraine on February 13. Russian exporters could register in the investigation as participants by March 20, and by April 18, send comments to the Ministry of economic development…
DetailsIn January Ukraine retained the last position in the top-10 world steel producers. According to World Steel Association, in January Ukraine produced 2.103 million tons of steel, up by 8.5% YoY. The first position is traditionally occupied by China (67.2 million tons, up by 7.4%), followed by Japan and India (9.002 and 8.4 million tons,…
DetailsArcelorMittal Kriviy Rih has started the next stage of its project of continuous cast shop No. 2 construction. The company invests $72.4 million into construction. The capacity of the new CCM will total 1.3 million tons per year. The construction of the shop is a part of the steel-smelting complex modernization, which presupposes the complete…
DetailsIn January Russia produced 3 thousand tons of structures and parts of aluminum. According to the Federal Service of State Statistics, this is up by 14.9% YoY, but down by 32.2% MoM.
DetailsThe Ministry of foreign affairs has prepared a decree that will toughen sanctions against North Korea. In particular, the draft presupposes the prohibition of delivery from North Korea of copper, nickel, silver and zinc and their transportation through the territory of Russia. Coal and iron ore purchases could be excluded from the list, if they…
DetailsIn 2017 Russian Railroads expect the delivery of 1 million tons of rails. All the products are purchased from Russian manufacturers. Evraz is planned to supply up to 700 thousand tons of rails, and Mechel – 330 thousand tons. Rails are used by RZhD for new construction as well as for repairs. In 2016 Russian…
DetailsThe Federal Antimonopoly Service has again postponed the hearing of the rebars price increase case. This time the hearing has been postponed till April 3. On July 21, 2016 FAS started the case on antimonopoly legislation violation on rebar market against Evraz, Severstal and Chelyabinsk Iron and Steel Works, a part of Mechel. The price…
DetailsThe Kirov Non-ferrous Metals Processing Works has put into operation the new line of coil milling by MINO (Italy). The investments into the project totaled 50 million rubles. This is an important stage of the large-width rolled metal production program. The line allows milling surfaces with the width of up to 1050 mm. This will…
DetailsThe total throughput of the Novorosiisk Sea Trade Port in January increased by 6.4% YoY, to 12.67 million tons. In particular, iron ore raw materials throughput dropped by 15.9% YoY, to 177 thousand tons, that of coal – increased by 45%, to 178 thousand tons. Ferrous metals throughput went up by 6.2%, to 963 thousand…
DetailsSeverstal has started transferring quality certificates into digital format with digital signature. No other major metal company in Russia has done this so far. The specialists of the sales and technical control finalize the testing of the pilot project at Cherepovetsk Iron and Steel Works. “Paper certificates take up a considerable document workflow of the…
DetailsIn January Ukraine increased power-generating and coking coal mining by 13.7% YoY, to 3.659 million tons. State mines yielded 466.5 thousand tons, down by 90.7% YoY, with the share in the total volume at 12.7%. Anthracite output on occupied territories increased by 49% YoY, to 913.1 thousand tons. In particular, DTEK Rovenkiantrazit mined 348.6 thousand…
Details