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Polevaya LLC, developing alluvial gold deposits in Magadan region, intends to extract 400 kg this year. The company will process 1.9 million cubic meters of sand. The alluvial season will start on May 15. Last year, the company extracted 380 kg of gold. (Ukrainian metal)
DetailsInterpipe has appointed Vitaliy Pakhomov its human resources director. Pakhomov, who has an over 20-year experience in human resources, started working on April 6. Since 2019 he has been working as the HR director at the state concern Urkoboronprom, comprising of over 100 enterprises with 68 thousand employees. For over 10 years Pakhomov has headed…
DetailsInterpipe Niko-Tube will construct a new line of pipe heat treatment. This will allow the company producing pipes according to API 5CT and API 5L. The equipment for the line will be supplied by Danieli SC Officine Meccaniche S. P. A. The capacity of the line will reach 170.27 tons of seamless pipes with the…
DetailsIn January, Russia produced 18.92 tons of gold, down by 1 ton YoY. Ore gold output amounted to 15.56 tons, down from 16.12 tons. Amur region demonstrated the largest drop – by 45.9%. Krasnoyarsk region increased output by 6%, to 3.8 tons, and Chukotka by 13%, to 1.8 tons. Magadan region decreased output by 3.2%,…
DetailsIn January-March, Sukhaya Balka decreased iron ore manufacture by 3.1% YoY, to 421.730 thousand tons. In March, 219.830 thousand tons of ore was mined. Last year, output decreased by 6.3% YoY, to 2.554 million tons. The capacity of the mine is 3.1 million tons of ore per year. Sukhaya Balka employs 3.5 thousand people. (Ukrainian…
DetailsIn January-March, Mariupol Ilyich Iron and Steel Works increased rolled metal output by 15% YoY, to 1 million tons. Steel manufacture grew by 2.2%, to 1.07 million tons, pig iron – by 11.3%, to 1.21 million tons, and sinter – by 14.8%, to 3.35 million tons. In March, the company produced 350 thousand tons of…
DetailsIn January-March, Ukraine scrap procurement grew by 28.2% YoY, to 930 thousand tons. The growth was due to high purchasing prices of metal companies. In Q1, metal companies received 837.7 thousand tons of scrap, up by 23.1% YoY. Stocks are estimated at 180 thousand tons. Exports amounted to 49.1 thousand tons, up almost 3-fold YoY.…
DetailsIn March, Energomashspetsstal shipped 1730 tons of products. Exports grew by 76% YoY. The lion’s share was produced for the nuclear industry, including foreign NPPs. Azovstal and InGOK received a hot metal ladle with the volume of 140 tons and a head winch for the EKG-10 excavator respectively. (Ukrainian metal)
DetailsInterpipe will increase the wages of its employees on average by 10%. The increase will depend on the division and category. Thus, in pipe and machine-building divisions the wages will grow by 10% from June 1. In railroad division the salaries will also grow by 10%, but in two stages – by 5% from June…
DetailsUzbekistan has discovered a new deposit with 133 tons of gold reserves, the State Committee for Geology and Mineral Resources reports. According to Asror Rustamov, head of department at the Committee, several new deposits were registered throughout the republic in 2020. Among them, the Chukurkuduk deposit with 133 tons of gold. Another deposit with estimated…
DetailsThe Verkhovna Rada Committee on the integration of Ukraine into the European Union has approved of the bill No. 5175, which suggests prolonging the export duty on scrap in the amount of 58 euros per ton for 5 more years. The committee members have recommended the Committee on the Economic Development together with the Ministry…
DetailsIn March, Zaporizhstal increased steel output by 14.1% YoY, to 343.7 thousand tons. Pig iron output grew by 10.8%, to 394.3 thousand tons, and rolled metal – by 24.6%, to 291.5 thousand tons. The increase in manufacture is due to shut down of the blast furnace No. 5 in March 2020 for repair. In Q1,…
DetailsAzovstal is launching its blast furnaces Nos. 2 and 3 after capital repairs. A loading device with the diameter of 5,000 mm has been replaced at the blast furnace No. 2. A new LB350-1 moisture analyzer produced by Berthold Technologies has been assembled at the blast furnace No. 3. 156 million UAH was invested in…
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