Russia: Severstal to hold Capital Markets Day 2017

Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announces that it will be hosting its annual Capital Markets Day in London on November 2. Severstal’s Chairman, Alexei Mordashov, will open the event via video address. Alexander Shevelev (CEO), Alexei Kulichenko (CFO), Dmitry Goroshkov (Marketing Director), Sakari Tamminen (Senior Independent Director)…

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Ukraine: UGOK concentrate up in October 2017

In October Yuzhniy Mining and Processing Works produced 1.115 million tons of concentrate, up by 7.8% YoY. According to the company statement, sinter output dropped by 26.1%, to 168.3 thousand tons. In January-October UGOK increased concentrate output by 11.1% YoY, to 10.285 million tons, while that of sinter decreased by 10.2%, to 1.56 million tons.…

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Russia: Nadezhdinsky Works rolled metal output up in January-September 2017

In January-September Nadezhdinsky Iron and Steel Works produced 388 thousand tons of rolled metal, up by 4% YoY, or by 15.3 thousand tons.

More than half of the output is the products of the bars shop (up by 9%).

At present the company is negotiating the construction of the continuous-casting machine. (Ukrainian metal)

Russia: Mikheyevsky GOK to increase copper concentrate extraction

The Mikheyevsky Ore Mining and Processing Plant (Varnensky district, Chelyabinsk region) plans to adopt a three-stage ore grinding technology, which will produce finer ore particles than the existing two-stage crushing equipment. The separation of tiny impregnated copper particles from gangue material is expected to reduce the loss of valuable fractions in tailings and increase the…

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Russia: NLMK ramps up PCI in BF shop No. 2

NLMK Lipetsk, NLMK Group’s flagship production site, has completed guarantee testing of pulverized coal injection (PCI) technology at blast furnace No. 6 (with a capacity of 3.1 million tons per year), and at blast furnace No. 7 (with a capacity of 4.3 million tons per year). Tests confirmed that the equipment had reached design capacity.…

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Kazakhstan: gold output up in January-September 2017

In January-September Kazakhstan produced 62697 kg of raw gold, up by 16.3% YoY.

According to the Statistics Committee of the Ministry of the national economy, raw silver output totaled 792535 kg, down by 12.5% YoY. (Ukrainian metal)

Russia: steel exports to US up in January-August 2017

According to the American Iron and Steel Institute, in 2017 USA will import 35.9 million tons of steel, up by 20% YoY. Russian companies will contribute the most.

In January-August US imported 24.09 million tons of steel, up by 20.5% YoY.

In particular, Russia supplied 2.12 million tons, up by 65.6% YoY. (Ukrainian metal)