For the last 6 years steel pipes consumption in Russia stabilized on the level of 10 million tons per year. Imports have decreased in the last 2 years, with 400 thousand tons imported in 2015-2016, as opposed to 1 million tons previously. At the same time Russian manufacturers increase exports. In 2016 the volume of…Details
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Uralelectromed, a part of UMMC, has acquired 41.75% of the Malyshevskoye Mine Group. According to the company statement, in September the Federal Antimonopoly Service allowed it to buy 100% of shares. The share of the MRU feldspar concentrates on the Russian market is 25-27%, and of mica concentrates – 80-85%. In 2015 Malyshevskoye Mine Group…Details
Novolipetsk Iron and Steel Works has completed the project on refractory shop 4 electric air filters reconstruction, started in 2015. Thanks to the project the pollution from shop decreased by 18%. “The massive reconstruction of the filters started in 2015. The investments totaled 480 million rubles. Taking the new machinery into account, we now have…Details
The Energomashspetsstal non-destructive testing department has received the certificates of the British Institute of Non-Destructive Testing. Now the company can use the machinery under the PED 2014/68/EU. The company employs specialists of the 2nd and 3rd level of qualification according to EN ISO 9712:2012. (Ukrainian metal)Details
In 2016 Krasnoyarsk Krai companies are expected to increase gold output by 18% YoY. According to the regional ministry of industry, energy and trade, in 2015 the Krai mined 49.3 tons of gold, thus this year the yield could total 58 tons. Polyus and Sovrudnik, the regional major companies, are expected to mine around 50…Details
The board of directors of PJSC «MMC «Norilsk Nickel», the leading global nickel and palladium producer, approved of the company’s budget for 2017. In 2016, the company successfully completed all scheduled key investment projects including the development of high-IRR brownfield mining projects in the Polar division, the ramp-up of Skalisty mine, active construction phase of…Details
Russia’s palladium and palladium alloy output rose by 1.7% YoY and by 23.8% MoM in November, the Federal State Statistics Service said. Platinum and platinum alloy production decreased by 22.5% YoY but rose by 6.3% MoM. In January-November, palladium and palladium alloy production remained flat, while platinum and platinum alloy output fell by 2.6%. Previously,…Details
In November Ukraine produced 5686 thousand tons of iron ore and concentrate, down by 4.2% MoM, or by 249 thousand tons. In particular, iron ore output totaled 802 thousand tons, down by 2.6% MoM, or by 21 thousand tons, while that of concentrate dropped by 4.5% MoM, or by 228 thousand tons to 4884 thousand…Details
In January-October Russia exported 2.916 million tons of raw aluminum, up by 3.9% YoY. According to the Federal Customs Service, far foreign countries received 2.861 million tons of aluminum, up by 3.6% YoY, and CIS countries imported 55 thousand tons, up by 22.3%. In monetary terms aluminum exports dropped by 19.7% YoY, to $4.149 billion,…Details
According to Evraz Ukraine, iron ore mining was stopped at Evraz Sukhaya Balka in September. “We are carrying out repairs and other works to keep the mines in the working order. All the employees despite the halt continue receiving their wages in full”, the company corporate relations director Artem Matvienko said. It costs Evraz Ukraine…Details
The sintering shop of Magnitogorsk Iron and Steel Works produced the 700-millionth ton of sinter. MMK produced 100 million tons of sinter in 1961, reaching 200 million tons in 1969, 300 million tons in 1977 and 500 million tons in 1996. November 2007 saw the production of the 600-millionth tons of sinter. The first tons…Details