NLMK Group, a global steel company, is pleased to announce the opening of a new service center, NLMK South Africa, which will supply abrasion-resistant (NLMK Quard) and high-strength (NLMK Quend) thick plates produced at the Belgian NLMK Clabecq. NLMK South Africa will also make parts of these steels as per customers’ requirements. NLMK South Africa…Details
Istra Works of Metal Structures has produced metal structures for the studio No. 2 of MosFilm.
All the structures have been delivered to the construction site in time.
“It is very interesting to help Russian cinema in its development”, the company CEO Sergey Pashinin said. (Ukrainian metal)
Kumtor Gold Company has released the Environment and Sustainability Report for 2017. The report is published to inform the governmental authorities, non-governmental sector and the general public about the environmental performance at the Kumtor mine and measures taken by the company to protect the environment. The publication of the report is a voluntary initiative of…Details
In January-June Krivoy Rog Iron Ore Industrial Complex produced 2.468 million tons of iron ore, down by 8.6% YoY.
In June iron ore output totaled 422 thousand tons.
Last year the company produced 5.074 million tons of iron ore, up by 1.5% YoY. (Ukrainian metal)
In January-June by-product coke plants imported 5.67 million tons of coking coals and coal concentrate, up by 17% YoY, with 0.91 million tons imported in June, up by 1% MoM. Ukrainian coal deliveries reached 1.45 million tons, down by 12%, with 210 thousand tons supplied in June, down by 3% MoM. 743 thousand tons of…Details
In March Almalyk Iron and Steel Works started construction of the roasting furnace No. 4 in the rare metals shop of the copper smelting works.
The shop operates 3 furnaces with the capacity of 1800 tons of molybdenum product per year.
Another furnace will increase molybdenum product processing by 30% per year. (Ukrainian metal)
In April-June MMK sold 2.848 million tons of metal, up by 0.7% QoQ, including 1.381 million tons of high added value products, up by 2.7%. In 6 months MMK sold 5.675 million tons of metal, including 2.726 million tons with high added value, up by 2.1% and by 7.3% YoY respectively. In particular, sales of…Details
In January-June Ukrainian metal companies consumed 935 million cubic meters of natural gas, up by 11% YoY.
In June gas consumption totaled 145 million cubic meters, up by 4% MoM.
In 6 months electricity consumption reached 5.9 billion kW-h, up by 11%. (Ukrainian metal)
According to the Statistics Committee of the Ministry of the National Economy, in June steel output reached 385 thousand tons, down by 1.8% YoY. In January-June Kazakhstan produced 2.32 million tons of steel, up by 2.9% YoY. Rolled metal manufacture grew by 6%, to 1.461 million tons, with 189 thousand tons produced in June, down…Details
In January-June Ukraine exported 270 thousand tons of scrap, up by 106% YoY. Scrap procurement grew by 12%, to 1.902 million tons. Deliveries of scrap to metal companies increased by 4%, to 1.632 million tons. In June 346 thousand tons of scrap were procured, down by 6% MoM, of which domestic companies received 327 thousand…Details
ArcelorMittal Kriviy Rih has signed a contract for the delivery of Siemens STC-GV (160-3) blower for its largest blast furnace No. 9. The total cost of the contract is $13 million. The commissioning of the blower will increase pig iron output and decrease CO2 emissions by 30.5 thousand tons per year. The project presupposes the…Details
Ukrmetallurgprom forecasts the increase of steel output in August to 1.8 million tons. Pig iron manufacture is expected to total 1.8 million tons and rolled metal – 1.6 million tons. In June Ukraine increased steel output by 1% MoM, to 1.71 million tons. Pig iron manufacture grew by 3%, to 1.63 million tons, and rolled…Details
Prices for precious metals in Azerbaijan continued to decline on July 17, according to the data published by the Central Bank. The price of gold decreased by 5.457 manat, to 2110.227 manats per ounce compared to the price on July 16. The price of silver decreased by 0.0605 manats, to 26.8797 manats per ounce. The…Details
The Georgian Industrial Group (GIG), the largest industrial holding in Georgia owning Saknakhshiri coal mining company, is ready to gift the company to the state in the wake of the fatal incident in the Tkibuli Mindeli Mine, which claimed the lives of four miners and left six others with severe injuries. GIG states that despite…Details
Russia’s production of finished, semi-finished, and powdered gold fell by 13% YoY but rose by 26.5% MoM in June, the Federal State Statistics Service said in a report. In January-June gold production decreased by 1.2% YoY. Previously, absolute figures on production of non-ferrous metals were a state secret. The figures are no longer classified, but…Details
Prime Minister of Georgia Mamuka Bakhtadze has announced the closure of Mindeli coal mine where four died and six injured as a result of a methane explosion on July 16. “I express my wholehearted condolences to the families of the victims in this difficult moment. The state cannot allow the vulnerability of health and life…Details
In January-June Electrozinc fulfilled zinc manufacturing plan by 101.5%. According to preliminary data, sales are expected on the level of 2863 million rubles, up from 2507 million rubles in H1 2017, and net income – 330 million rubles (252.388 million rubles). Payments to all budgets will reach 564 million rubles. In H1 the company produced…Details
Rusolovo intends by the end of 2022 to have constructed and commissioned the mining and processing works at the Pravourminskoye tin ore deposits. Investments will total 9.7 billion rubles. Construction of the GOK itself will cost 6.7 billion rubles. The company will also have to construct a road from the site to the settlement of…Details
In June, according to the railroad statistics, direct deliveries of ferrous metals to the enterprises of the railroad machine-building industry reached 137.2 thousand tons.
This is by 57.4% more YoY.
In January-June deliveries grew by 21.7% YoY, to 760.8 thousand tons. (Ukrainian metal)
Uralmashzavod will supply the sixth EKG-18 excavator to Kuzbassrazrezugol, a part of UGMK. Since the beginning of the year the company has already received 3 excavators. Assembly of the two of them has begun. 3 more machines will have been supplied by the end of the year. EKG-18 is one of the most sought after…Details
The chairman of the Samara region Dmitriy Azarov has visited Arkonik SMZ, the largest manufacturer of aluminum semi-finished products in Russia. The company manufactures unique products – light-alloyed drilling pipes, parts for the newest Russian aircraft MS-21, as well as the first in Russia aluminum hoppers and bridges. In 2016 the company underwent modernization, the…Details
Magnitogorsk Iron and Steel Works (MMK) plans to invest 38 billion rubles until 2025 into environment protection, an MMK representative reported. The Chelyabinsk region’s department of the Federal Service for Natural Resources Oversight sent a report to the federal department stating that MMK inflicted 3.2 billion rubles of financial damage on water bodies of the…Details
A new plant for the enrichment of sludge at sludge depository No. 2 has been launched at PJSC Magnitogorsk Iron and Steel Works’ (MMK) ore-dressing workshop. This will allow the company to increase the share of its own iron ore materials in sinter production’s burden, but also to significantly decrease its industrial impact on the…Details
Alexander Zakharov, ex-director of the tool-mechanical shop of the Non-Ferrous Metals Processing Works, has been appointed the CEO of the Ukrainian Casting Company LLC. Zakharov has replaced Valeriy Kotikov, who has been chairing the company since June 2015. The new director sees the priority in the increase of output to 120 tons of castings per…Details