The arbitrary court of Perm region has partially satisfied the claims of the Federal Antimonopoly Service on taking measures in the dispute with enterprises under control of the Solikamsk Magnesium Works owner. The court prohibited Cyprus-based Volesko Yjldings Ltd, Slontecco Investments Ltd and Fullcircle Facilities Management Ltd doing anything with the company shares. The Antimonopoly…
DetailsA gold-leaching and extracting plant will be built in Kostanay region. Investments will reach $25 million. Some 300 jobs will be created. The plant is expected to start operating in 2021. This year gold ore extraction in the region grew by 52% or by 1 million tons. (Ukrainian metal)
DetailsIn September Russia imported 25 tons of molybdenum, down y 7.5% MoM and by 26% YoY. Deliveries from China grew from 12.3 tons to 17.5 tons, while from Germany dropped by 58%, to 6 tons. In 9 months imports totaled 247 tons, down by 4% YoY. In monetary terms since the start of the year…
DetailsTaganrog Iron and Steel Works has finished modernizing its circular furnace and a pipe hot-rolling site in the pipe-rolling shop. In particular, the company has commissioned four new pipe threading machines, as well as upgraded one pipe threading and two coupling threading machines. Under a large-scale modernization program scheduled to be completed in 2021 Tagmet…
DetailsPresident Gurbanguly Berdymuhamedov has tasked the government with construction of a metal works. Vice Prime Minister on oil and gas complex Myrtgeldy Meredov has noted that large deposits of iron ore have been discovered on the territory of the Balkan region. Berdymuhamedov ordered the government to construct a mining works to process iron ore. (Ukrainian…
DetailsLocal citizen of Pobugskoye Denis Shevchenko has been appointed CEO of Pobuzhye Ferronickel Plant instead of Oleg Bespalov, who has been chairing the company since 2014 under a 5-year contract. The task of the new CEO is to continue building a modern European-type enterprise taking into account global development principles. Shevchenko worked not only in…
DetailsWimax Ltd., created a year ago, has become owner of the Chasov Yar Refractory Works shares. Shares belonging to the Lukyanovs family (24.573%, 22.901%, 6.654% and 6.509%) have dropped to zero. At the same time the share of Wimaz Ltd. grew from zero to 67.866%. (Ukrainian metal)
DetailsZapolyarnaya mine, a part of Vorkutaugol, was the first to reach its annual coal output plan. So far the mine has extracted 1.68 million tons of coal. At present the mine operates at three long faces. One of them has been commissioned 4 times ahead of schedule. Until the end of the year the enterprise…
DetailsIn January-September Urtuyskiy pit extracted 2.487 million tons of coal, up by 28.3% YoY. In Q3 839.9 thousand tons of coal were extracted, up by 16.4%. This year the enterprise has started a new investment program aimed at increasing coal output from 2.2 million tons to 3.5 million tons. So far 71.1% of coal has…
DetailsOMZ-Spetsstal has finished producing two shells of the steam-generator body for the Tianwan nuclear power plant unit No. 8. The outer diameter of each shell is 4.5 meters, the height is 2.5 and 3.2 meters and the combined weight – 87 tons. The corresponding contract was signed in July. Under the contract OMZ-Spetsstal will produce…
DetailsIn January-October Ukraine decreased pipe output by 6.5% YoY, to 800 thousand tons, with some 70 thousand tons produced in October. In particular, Ukrtruboprom association enterprises decreased output by 7.5%, to 626.5 thousand tons, including 42.9 thousand tons in October. Interpipe-NTZ manufacture dropped by 19.6%, to 193.2 thousand tons (11 thousand tons in October), Interpipe…
DetailsIn January-October Ukraine produced 134 million tons of non-sintered iron ore, down by 0.1% YoY. In particular, in October 13.3 million tons of ore were mined, up by 1.2% YoY. At the same time manufacture of non-sintered iron ore concentrate grew by 4.9%, to 52.8 million tons, while of sintered dropped less than by 0.1%,…
DetailsIn September Russia exported 2.4 thousand tons of titanium, up by 1% MoM and by 4% YoY. Deliveries to USA grew by 23%, to 684 tons, while to Germany dropped from 611 tons to 596 tons. In January-September exports totaled 20.7 thousand tons, down by 1.6% YoY. In monetary terms since the start of the…
DetailsArcelorMittal Kriviy Rih has applied an innovative method of coke oven batteries Nos. 1-2 repair. It is based on ceramic welding of deep cracks with subsequent injection of powder mixtures to seal small cracks in the refractory brickwork of coke ovens. Such a method to reduce emissions is already being used in Europe, but in…
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