In 2017 Metinvest Group decreased iron ore raw materials output. In particular, iron ore concentrate production dropped by 7% YoY, to 27.464 million tons. Iron ore pellets manufacture fell also by 7%, to 5.742 million tons, mostly because the group ceased deliveries to customers situated on the Ukraine-uncontrolled territory. Coal concentrate output decreased by 15%,…
DetailsRussian aluminum producer UC RUSAL has settled a dispute over the Alscon plant with Nigeria, Bloomberg reported late on January 31, citing Nigeria’s Steel and Mining Minister Kayode Fayemi. Nigeria will have a 20% stake in the plant and RUSAL will have 80%. The share of RUSAL in the operating company is 85%, according to…
DetailsA 25-year-old man died in a collapsed mine in Kara-Tyt village, Aksy district of Jalal-Abad region, the Ministry of Emergency Situations reported. According to it, the resident of a village located near the pit illegally mined coal when it collapsed. Rescuers of the ministry took out the body and handed it over to relatives. (24.kg/Ukrainian…
DetailsThe state enterprise Selidovugol received 847 self-rescuers out of 2 thousand pieces that it needed. “Selidovugol needs 2 thousand self-rescuers. It has received the first batch of 847 pieces. The enterprise is waiting for the second batch”, the chairman of the Independent Miners Union of Ukraine Mikhail Volynets wrote on his Facebook page. Last summer…
DetailsThe special commission on environment issues of the city of Kamenskoye has visited Dneprovsky Iron and Steel Combine and checked the measures to decrease pollution. The commission was created last autumn after numerous complaints of citizens on the worsening of the ecological situation, including considerable volumes of pollution from the combine after it resumed operation.…
DetailsThis year Primorsky Mining and Processing Works intends to keep concentrate output on the previous year level, or 2700 tons of tungsten and 1600 tons of copper concentrate. The GOK is developing the Vostok-2 deposits. As of 2017 their reserves were enough for 4-5 years. But the terms of development could decrease because of the…
DetailsIn 2018 Russkiy Ugol intends to increase coal output at the Sayano-Partizansky pit in Krasnoyarsk region by 20% YoY. For the first time in 27 years the pit will yield 1 million tons of coal. Last year the output totaled 842 thousand tons of coal, up by 7% YoY and by 4% from the plan.…
DetailsPresident of Uzbekistan Shavkat Mirziyoyev has approved the construction of a new mining and processing complex at the Tebinbulak deposits. The complex will have been constructed by 2024. The total cost of the construction is estimated at $1.5 billion, with a part to be represented by a loan from Chinese banks. The Tebinbulak titanium-magnetite ore…
DetailsIn late 2017 Rechitsa Metal Wares Works put in operation a new site of the fasteners shop.
The following Taiwan mills have been assembled there: JBF-10В-3S and JTR-6H; JBF-13В-3SL and JTR-8H; JBF-13В-4S and JTR-8H; JBF-17В-4S and JTR-10H.
The commissioning of the new site will increase fasteners output. (Ukrainian metal)
The MetalTrade Group of Companies (Chelyabinsk) notes the price increase on the metal market. Thus, major pipe manufacturers have announced the growth of price by 2 thousand rubles per ton on average, Bar manufacturers decided to decreased sales to domestic market to continue increasing prices in February and March. Flat cold-rolled metal is expected to…
DetailsThe Sredneuralsky Copper-Smelting Works has started demolishing the main premises of the double superphosphate shop. The shop was put out of operation in February 2009. The size of the premises is 17 thousand square meters, it consists of 5 buildings, being demolished one after another. The demolition of the main premises started in summer of…
DetailsMarcegaglia Russia strengthened its positions on the market of welded stainless steel pipes, having considerably increased output and sales in 2017.
According to the company statement, last year output grew by 42.5% YoY, to 13606 tons.
The company revenue showed a stable increase of 30.8%, to 34 million euros. (Ukrainian metal)
The minister of energy and coal industry Igor Nasalik promised, that in 2017 the state enterprise Lvivugol would receive 350 million UAH of loan funds under state guarantees for modernization. The promise was made on September 21, 2017. “Lvivugol provides for 50% of daily supplies for the power industry, so the issue of development is…
DetailsIn 2017 Cherepovets Iron and Steel Works increased electricity production by 1.15%, to 4441.703 million kW-h. This is the highest volume in the company history. “The increase of output allowed CherMK to increase the share of its own electricity in the total consumption to 78.3%, up by 0.5% YoY”, Severstal Russian Steel CEO Vadim Germanov…
DetailsIn January-November 2017 Russia increased exports of rebars to Poland 9-fold YoY, to 60 thousand tons. The main exporter in the given period was NLMK-Kaluga (95% of the total exports). Evraz ZSMK supplied some 2 thousand tons. In November 2017 the average price for NLMK-Kaluga rebars was $545 per ton, and that of Evraz ZSMK…
DetailsThe state enterprise Selidovugol has concluded an agreement with Trading and Industrial enterprise Arista LLC on the delivery of 6 tons of chemical lime absorbent valued at 854 thousand UAH. The manufacturer of the product is the Russian Khimpoglotitel LLC, with Arista being its official dealer. The cost of 1 ton according to the agreement…
DetailsThe United Mining and Chemical Company, owner of Volnogorsk Mining and Processing Works and Irshansk Mining and Processing Works, in 2017 increased ilmenite output by 18.7% YoY, to 392.2 thousand tons. In particular, IrGOK produced 224.4 thousand tons of ilmenite concentrate, the best result for the past three years. At the same time, Volnogorsk GOK…
DetailsA new plant to produce copper wire rod opened in the city of Togliatti. In particular, a cold start was made to the fire refining furnace. The plant is expected to produce 24 thousand tons of copper wire rod per year and will employ 170 people. The owner of the plant – Akron Holding –…
DetailsIn December 2017, 7.2 million tons of ferrous metals were transported via railroad, up by 14.3% YoY. And in 2017 railroads transported 73 million tons of ferrous metals, up by 2.8% YoY. According to Rosstat, in 2017 rolled metal output grew by 0.7%, pig iron – by 0.5%, pipes – by 4.8% and ferrous metals…
DetailsChelyabinsk Iron and Steel Works has confirmed correspondence of 60E1 and 60E2 heat-strengthened rails manufacture to TSI requirements. The certificates obtained allow the company exporting products to the EU. ChMK started manufacturing these types of rails of R350HT steel grade specifically for the European market. The audit has been carried out by TUV Nord. (Ukrainian…
DetailsIn 2017 Ferrexpo exported 10.406 million tons of iron ore pellets. In particular, Poltava Mining and Processing Works exported 7.821 million tons and Yeristovo GOK – 2.585 million tons. Karelsky Okatysh exported 5.599 million tons of pellets, Metalloinvest – 5257.7 thousand tons, including 3.115 million tons from Mikhaylovsky GOK and 2.142 million tons from Lebedinsky…
DetailsIn 2017 Norilsk Nickel decreased nickel output by 8% YoY, to 217.112 thousand tons. According to the company statement, copper output grew by 11%, to 401.083 thousand tons. Palladium manufacture increased by 6%, to 2.78 million ounces, and platinum – by 4%, to 670 thousand ounces. The company operational director Sergey Dyachenko said, that in…
DetailsUniCredit Bank Austria sealed a deal with Belarus Iron and Steel Works (BMZ trademark) to open a 15 million euros credit line in 2018, Belarus’ Deputy Industry Minister Gennady Svidersky reported. He drew attention to the fact that the reputable European bank would lend the money directly to the Belarusian-based enterprise. In the future, the…
DetailsIn 2018 Ukraine is expected to increase steel output by 8% YoY, to 22.5-23.3 million tons. “This is our careful forecast. The growth will be 7.6-9.4%. These are quite achievable results, if we avoid such shocks as in 2017”, Ukrmetallurgprom president Alexander Kalenkov said. According to him, in 2017 Ukraine produced 21.3 million tons of…
DetailsIn 2017 Petropavlovsk Plc increased gold output by 9.8% YoY, to 439.6 thousand ounces (13.7 tons), while the plan was 420-460 thousand ounces. The prime cost of the gold manufacture last year was over $700 per ounce, higher than the expected range of $600-700 per ounce. Gold sales totaled 439.8 thousand ounces at the average…
DetailsThe Ministry of Finances has prepared a draft bill to allow obtaining alluvial gold. When the bill is passed, the population will be able to freely extract alluvial gold on the riverbanks not owned by any company. But a license from the Ministry of Finances will be required for such an activity. The gold obtained…
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