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Ametistovoye Mining and Processing Works was put into operation in September 2015. In three years a lot has been done to develop the works. As the result, now the GOK is the largest gold-extracting enterprise in Kamchatka. Its capacity is 600 thousand tons of ore per year. Recently the enterprise has produced the 10th ton…
DetailsMMK has finished the reconstruction of the blast furnace No. 1, commissioned in 1932. The cost of the project, carried out in less than 6 months, totaled 5.4 billion rubles, including 2.35 billion rubles worth of machinery and the rest being construction and repair works. The reconstruction of the BF1 and the construction of the…
DetailsThe Verkhovna Rada has adopted a law introducing amendments to the law on Ukraine’s state budget for 2018 regarding the proper financing of the state sector of the coal industry. A total of 261 MPs voted for the for adoption of draft law No. 8362 at the first reading and as a whole, with technical…
DetailsIn April-June steel output grew by 1%, to 4.38 million tons driven by high capacity utilization at the NLMK Russia Long Products Division. The 6% YoY growth was associated with the increase in demand for group products on its key markets. Group sales increased by 6% QoQ, to 4.38 million tons due to the growth…
DetailsPJSC ArcelorMittal Kriviy Rih continues to invest in new automotive equipment. Last week three new 45-ton dump trucks BelAz-75473 were released for the performance of steelmaking wastes disposal. The total cost of dump trucks amounted to 26 million 700 thousand UAH. Aleksey Smirnov, Deputy Director of Motor Transport Department, PJSC ArcelorMittal Kriviy Rih: “As of…
DetailsThe power-generating company Centerenergo intends to import 1.5 million tons of coal via seaports from September 1, 2018 till May 31, 2019. 600 thousand tons of coal will be imported via the Nikolayev trade port of Yuzhniy and TIS-Terminal LLC each, and 300 thousand tons via the Chernomorsk sea trade port. The expected cost of…
DetailsIn January-June construction companies received 4.9% less metal via railroad YoY. Bars accounted for 43.2%, down by 5.5%. Assorted sections and bars accounted for 34%, down by 4.8%. The share of roofing steel (including galvanized steel) was 8.5%, down by 8.6%. The share of pipes dropped by 5.6%, to 6.5%. Beams, channel and angles accounted…
DetailsIn June, according to the railroad statistics, direct supplies of rolled metal to the major service metal centers, specializing in metal wares manufacture, totaled 200.6 thousand tons. The results increased by 21.6% YoY. In January-June deliveries reached 1.15 million tons, up by 7.5% YoY. (Ukrainian metal)
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