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The oldest mine of Lisichansk – that named after Melnikov – has assembled the new coal conveyor. The works were financed by the Ministry of energy and coal industry within the program of Lisichanskugol support. The renovation of the conveyor allows putting into operation the first Northern face, yielding 700 tons of energy-generating coal per…
DetailsIn November 2016 Russia imported 23.5 thousand tons of corrosion-resistant flat rolled products valued at $45 million, down by 3.7% and by 8% MoM respectively, but up by 45% and by 28% YoY. 600 mm and more wide sheet accounts for around 90% of imports, with nickel content in steel not exceeding 2.5%. China supplies…
DetailsIn January-November 2016 Russia exported 78.3 thousand tons of stainless steel scrap and wastes valued at $77.3 million, up by 13.3% YoY, but down by 1.8% YoY respectively. 8% and more nickel-content scrap accounts for 64% of the exports. In November 2016 Russia exported 9.3 thousand tons of this scrap, down by 11% MoM. Some…
DetailsEnergomashspetsstal has won a tender to supply rolls for Mariupol Ilyich Iron and Steel Works. The companies have been cooperating since 2009. According to the contract, in 2017 EMSS will supply working and counter rolls for hot-rolling as well as counter rolls for cold-rolling with the total weight of 493.6 tons. All in all the…
DetailsSeverstal announces a 43 billion rubles investment program for 2017. The investment program of Severstal Russian Steel will total 26 billion rubles, with 12.1 billion to be spent on development, 13.9 billion – on maintenance of the existing capacities and the improvement of the security system. Some 1.7 billion rubles will go to IT-initiatives implementation.…
DetailsOJSC Magnitogorsk Iron and Steel Works celebrates the 85th anniversary of the launch of its Magnitogorsk mill. On February 1, 1932 the mill’s first blast furnace produced its first batch of pig iron. This date has come to be celebrated as marking the launch of MMK – one of the largest metal facilities in Russia…
DetailsThe Minister of Economic Development and Trade Nematullo Hikmatullozoda reported that Tajikistan planned to increase production of primary aluminum by 40% this year. “We plan to increase the volume of aluminum production to 179,000 tons this year,” the minister said. “Of course, it will depend on prices and demand for aluminum. If demand for aluminum…
DetailsBelarus has plans to sign a concession agreement for the development of a precious metals deposit which contains platinum group metals among others, Sergei Mamchik, the director of the geology department at the Ministry of Natural Resources and Environment Protection, said. The specialist explained that one of the deposits discovered in Belarus contained precious metals,…
DetailsNorilsk Nickel has announced preliminary consolidated production results for the fourth quarter and full year of 2016 as well as its production outlook for full year 2017. In Q4 2016 consolidated nickel production amounted to 58,000 tons, up by 5% QoQ. Nickel output from the company’s own Russian feed reached 53,000 tons, up by 16%…
DetailsAvdiivka Coke and Chemical Works will restore levels of production in three to four days after electricity transmission lines to the town of Avdiivka are repaired, the company CEO Musa Mahomedov said. “How quickly will we be able to restore production? Usually this takes 3-4 days following a shut-down,” he said. Mahomedov said currently two…
DetailsThere is no alternative to coal from the uncontrolled Donbass territories as of yet, Ukrainian Prime Minister Volodymyr Groysman said. “This is our land, these are our resources, and all those enterprises are registered on Ukrainian soil, which is ours and controllable, and I can see no alternative to procuring this coal for now. Any…
DetailsGold mining companies of Russia’s Zabaikalsky region increased gold output by 7% YoY, to over 12 tons in 2016, an analyst at the geology and subsurface use department of the region’s Natural Resources Ministry Alexei Zakharov reported. Tungsten concentrate production rose by 10%, to 1,700 tons, lead and zinc production remained flat at over 43,000…
DetailsRussian oil and gas pipe producer TMK will hold a roadshow for its secondary public offering (SPO) in England and the U.S on February 1-2, and will guide investors for a pre-market placement price of 74.5 rubles per paper, a banking source reported. The bookbildung will be finished on February 2, the source said. On…
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