Russian steelmaker Novolipetsk Steel (NLMK) has worsened its 2017 domestic demand growth forecast to 1-1.5% from 2.5%, CEO Oleg Bagrin reported on June 21 on the sidelines of the Russia Calling business forum. “We expect demand for steel to grow by 1-1.5% in 2017. We adhere to this forecast and so far we have seen…Details
Three workers – all of them citizens of China – were killed in an accident at Taldybulak Levoberezhniy mine, the Chairman of the Central Committee of the Mining and Metallurgical Trade Union of Kyrgyzstan Eldar Tadzhibaev reported. According to him, the first accident occurred on June 14. Driver was killed by a collapse of the…Details
Lugansk miners have decreased coal output this year.
According to the Ministry of energy and coal industry, Lisichanskugol mined 89.8 thousand tons of coal, down by 27% YoY.
Pervomayskugol mined 96.1 thousand tons of coal, down by 37.8% YoY. (Ukrainian metal)
The Primorye region miners obtained 2.078 million tons of coal from Bikinsoye deposits, up by 20% YoY. The deposits are developed by Luchegorsk Coal Pit (LUR) and the Petrotrade M LLC (contractor). In particular LUR mined 1.052 million tons of coal, down by 2% YoY, while Petrotrade – 1.026 million tons, up by 57% YoY.…Details
On June 22 the Russian Union of metal product suppliers will host a round table of the rebars manufacturers and suppliers. Managers and chief specialists of local rebars manufacturers will report on the GOST 34028-2016 “Rebars for ferroconcrete structures”. The participants will also discuss the current situation on the rebars market, as well as prospects…Details
In January-May Ukraine produced 408.7 thousand tons of ferrous pipes, up by 24.2% YoY, with 85.4 thousand tons produced in May. Ukrtruboprom enterprises produced 273.4 thousand tons in 5 months, up by 30.9% YoY, with 57.5 thousand tons in May. Khartsyzsk Pipe Works, situated on Ukraine-uncontrolled territory, in January-May produced 3.4 thousand tons of pipes,…Details
The European Commission has imposed final antidumping duties on the Belarus Iron and Steel Works rebars. The size of the duty is 10.6%. That’s below the December 2016 preliminary level of 12.5%. The investigation on the Belarusian rebars started in March 2016 on request from Eurofer. According to the company, in 2015 imports of Belarusian…Details
Zaporizhstal presented its blast furnace No. 3 reconstruction solutions at the Hexagon international conference in Las Vegas, Nevada. The report was presented by the capital construction and investment director Alexei Lebedev. The report touched upon details of the reconstruction site and a very small territory. The company specialists have developed a number of innovative solutions…Details
The Belarus Iron and Steel Works will redistribute shipments due to the European Union introducing customs duties on Belarusian reinforcement bars, BMZ Director General Anatoly Savenok declared. He noted: “A strategy has been developed to redistribute our shipments to other target markets. Russia is one of them since the eastern neighbor is gradually recovering.” Polish…Details
Sumy scientific-manufacturing enterprise named after Frunze is finishing the order of Severniy Mining and Processing Works. The order presupposes the manufacture of two liquid-packed ring vacuum pumps. “One is ready, has been tested, painted and will soon be shipped. The second one is being assembled”, the enterprise said. These pumps are of the most powerful…Details
Ingulskaya mine of the state enterprise VostGOK has stopped mining uranium ore. According to the mine union, the operation stopped on May 31, and the idleness has already resulted in the decrease of output by 45 million UAH, while the local and state budgets will not receive some 2.9 million UAH of various taxes. The…Details
VIZ-Stal has started the second stage of its machinery modernization. The combined total of both stages is 350 million rubles. This year the company will put 30 stands of bell type furnace in operation. By 2021 the company will have replaced 70% of its bell type furnaces. VIZ-Stal is a major world and the largest…Details
Sberbank has opened a 800-million ruble loan to Pskovvtormet. The money will be spent to finance the company current activity and fulfill current obligations. Pskovvtormet was created in 1993 and is a leading enterprise in Pskov region, procuring, processing and selling ferrous scrap and wastes. The company has 16 sites in various regions, with several…Details
In May Profil-Akras produced 15.6 thousand tons of pipes and sold 17 thousand tons, with 2.2 thousand tons exported.
The Pipe Works “Profil-Akras” named after Makarov specializes in the manufacture of electric-welded pipes for water and gas pipelines and heating systems. (Ukrainian metal)
In January-May Magadan region obtained 6.1 tons of ore gold and 1.4 tons of alluvial gold. Gold output in the region increased by 47% YoY, mostly due to the gold-mining company Pavlik, which in 5 months mined 1.5 tons of ore gold. This year the region intends to get 30.5 tons of gold (14.8 tons…Details
Uchaly Mining and Processing Works carries out the technical modernization of its processing factory grinding shop. In particular a 3200 mm ball mill has been replaced with a 3600 mm ball mill. “The replacement of the mill allows us reaching finer grinding of ore, which will improve copper and zinc extraction”, the company manufacturing-technical department…Details
Cherepovets Iron and Steel Works has finished the disassembly of its coking battery No. 4. All the work was performed in a record-short time – just 5 days. At present the concrete structures of the foundation are being examined. Then the refractory lining will be made. The total cost of the project is 6 billion…Details
UC RUSAL has offered RusHydro a stake in the future $1.4-1.6 billion Taishet Aluminum Smelter in exchange for some debt of the smelter and a discount for the power the hydropower company will sell to it. Earlier in June, RUSAL CEO Vladislav Solovyov said that the company offered RusHydro a 50% stake in a project…Details
In January-April Russia exported 238.5 thousand tons of ferroalloys, down by 20.5% YoY, valued at $413 million, up by 14% YoY. The main importers, according to the customs statistics, were the Netherlands (75.2 thousand tons, down by 22.5%), followed by Japan (44.8 thousand tons, down by 4.7%) and South Korea (27.7 thousand tons, up by…Details
Volnogorsk Mining and Processing Works has ordered BelAZ Technocenter LLC the delivery of 51.73 million UAH worth of trucks.
This year the company will supply 6 quarry dump trucks BelAZ-75473 with the lifting capacity of 45 tons at 8.62 million UAH apiece. The trucks must have been manufactured not earlier than in 2011. (Ukrainian metal)
In January-May Azerbaijan obtained 1741.6 kg of gold, up 2.2-fold YoY.
According to the State Statistics Committee, in May gold output totaled 1369.5 kg, up from 187.2 kg in May 2016.
Last year Azerbaijan mined 1894.1 kg of gold, down by 15% YoY. (Ukrainian metal)
Dneprovsky Iron and Steel Combine has announced a tender for insurance services.
According to the company statement, a participant of the tender should be a legal entity, should have letters of recommendation and experience of working with iron and steel works. (Ukrainian metal)
Since the year start Zabaikalsky region has yielded 2001.02 kg of gold and 9.1 million tons of coal. In May the output was 1009.5 kg of gold and 1.3 million tons of coal. The region also produced 148.5 tons of tungsten concentrate, 3.1 thousand tons of lead and 776 tons of zinc. At present around…Details
The Sredneuralsk Copper Works has finished the capital repair of its Vanukov furnace No. 2. The furnace has been put back in operation. The VF2 was shut down for the scheduled repairs in April, and the overhaul instead of 80 days lasted for 66 days. The cost of the repair was 184 million rubles. (Ukrainian…Details
Yug-Profil works, a part of Yug-Met, specializing in the manufacture of various sections, has put in operation the third aluminum sections extrusion line.
According to the company statement, it can now produce aluminum sections of all sizes.
With the third line operating Yug-Profil’s capacity will reach 1 thousand tons per month. (Ukrainian metal)
In January-May Russia produced 25.1 million tons of rolled metal, up by 1.1% YoY. According to the Federal Service of State Statistics, in May output decreased by 1.8% YoY and by 2.1% MoM. Pig iron output in January-May was 21.7 million tons, down by 0.2% YoY. Pipe companies increased output by 10.2% YoY and by…Details