In April-June Metalloinvest produced 10.1 million tons of iron ore, up by 2.3% YoY. Pellets output grew by 4%, to 7 million tons. HBI manufacture increased by 1.3%, to 1.2 million tons. The share of sales of iron ore products with high added value (pellets, HBI) increased to 72% from 69% in Q1. Pig iron…Details
Severstal has selected the supplier for the modernization of the zinc coating density-measuring system at the Cherepovets Iron and Steel Works continuous hot dip-galvanizing machines. TT Analytica (Russia) will design engineering, supply the equipment, assemble and commission it. The equipment will be used to create a uniform layer of zinc of the necessary thickness on…Details
Corum Group has concluded agreements on the delivery of heading machines to Polish mining companies Polska Grupa Górnicza (PGG) and Jastrzębska Spółka Węglową (JSW). According to the company statement, the machines will be leased for 5 years. The combined cost of the contracts is 5.3 million euro. The first machine, intended for JSW, will start…Details
In July Zaporizhstal increased steel output by 6% YoY, to 354.2 thousand tons. According to the company press service, pig iron manufacture grew by 29.4%, to 396.5 thousand tons, and rolled metal – by 2.2%, to 301.2 thousand tons. In January-June the company produced 2.393 million tons of steel, 2.537 million tons of pig iron…Details
In January-June Pobuzhye Ferronickel Plant increased ore processing by 6.1% YoY, to 679 thousand tons, or 35.284 thousand tons of ferronickel, down by 2.3%, or 7.5 thousand tons of nickel, down by 2.8%. In H1 the company expects to receive profit of some 2.3 million UAH. The average salary totaled 8038 UAH, up by 29.6%…Details
The supervisory board of Dneprospetsstal has once again prolonged the authorities of the acting chairman of the board Vitaly Kornievsky for 3 months. On April 23, 2009 the supervisory board relieved Daniel Valk of his duties, having appointed the ex-CEO of Dneprovsky Iron and Steel Works named after Petrovsky, Vitaly Kornievsky instead. His office has…Details
In January-June Tajik Aluminum Company produced 54.8 thousand tons of primary aluminum, down by 3 thousand tons YoY. The decrease in output has to do with the capital repairs of the machinery to reduce electricity consumption. The repair is expected to be completed this year, after that output will grow again. Some 48 thousand tons…Details
On July 31 an accident happened at Azovstal resulting in the death of one person, while another was rushed to hospital. Two employees of a subcontractor firm fell from on high while carrying out repair work in the coke shop. As the result of the fall one person died, and another was taken to the…Details
In April-June the segment of Africa and CIS (ACIS) of ArcelorMittal increased EBITDA by 9.1% QoQ and 2.28-fold YoY, to $397 million. According to the group statement, H1 EBITDA grew 2.1-fold, to $760 million. Steel output decreased by 16.2% YoY and by 9.2% QoQ, to 3.087 million tons due to the problems at ArcelorMittal Kriviy…Details
The prices for gold and silver bars in Azerbaijan decreased, while the prices for other precious metals increased on August 1, according to the data published by the Central Bank. The price of gold decreased by 2.3035 manats, to 2075.751 manats per ounce, compared to the price on July 31. The price of silver decreased…Details
Russian steelmaker Novolipetsk Steel (NLMK) plans to raise production in July-September as compared with April-June, the company said in a presentation. Operating results of Russian facilities of NLMK are traditionally strong in July-September, which should improve financial results of the company, NLMK said. The company’s steel production rose by 1% QoQ, to 4.381 million tons…Details
Velikomostovskaya mine of the state enterprise Lvivugol has put a new long face No. 114 into operation.
The face reserves are estimated at 162 thousand tons of coal.
The length of the long face will be 80-120 meters.
It was expected to mine 3750 tons of coal in late July there. (Ukrainian metal)
In January-June DTEK Energo mined 11.4 million tons of coal, down by 15% YoY.
Coal processing reached 8086.3 thousand tons.
Concentrate output totaled 4897.8 thousand tons. (Ukrainian metal)
On October 1 Bystrinsky Mining and Processing Works intend to supply the first batch of dry magnetite concentrate (2.948 thousand tons) to China. The drying shop has already been commissioned. Its construction began in 2016. From now on the company can supply magnetite concentrate in winter as well. The total volume of magnetite concentrate to…Details
In January-June Kapan Mining and Processing Works, a part of Polymetal International plc, processed 312 thousand tons of ore as opposed to 246 thousand tons a year ago. In Q2 ore processing grew to 158 thousand tons from 132 thousand tons in Q2 2017. In Q2 gold contents in ore totaled 2 g, down by…Details
In January-June Russky Ugol increased sales of Krasnoyarsk power-generating coal by 14% YoY, at the same time Amur coal sales grew by 5%.
In particular, in 6 months the company shipped over 1.6 million tons of coal from Amur deposits and some 500 thousand tons of coal from Sayano-Partizansky pit in Krasnoyarsk region. (Ukrainian metal)
In June Russia produced 4.33 million tons of pig iron, up by 6.7% YoY (4.293 million tons in May). In 6 months pig iron output grew by 0.9% YoY, to 25.914 million tons. Ukraine increased output in June by 7.9% YoY, to 1.631 million tons (1.582 million tons), and by 7.7% YoY in 6 months,…Details
Andrey Lyaskovsky, who has previously headed the development block of the company, has been appointed the managing director of Zagorsky Pipe Works. His main tasks are to improve efficiency of the company operation, synchronize manufacturing and logistics processes, as well as increase the share of the autonomous operation. Sergey Toropov, the previous managing director, has…Details
Uralelectromed has assembled a new smoke pipe with the height of 14-storey building. It is installed at the gas-purifying unit, were gases from anode furnace, before reaching air, are 99.8% purified. The pipe has replaced the previous one that has served the company for 16 years. The new structure weighs over 35 tons and is…Details
Some of the goals of the ChTPZ Group are to decrease the prime cost of the products, increase the share on the market of seamless pipes and decrease the dependence on other metal companies’ pipe billets. “We don’t see any serious growth of demand for large diameter pipes on the domestic market because of the…Details
Within the strategy to increase product range ZEMZ has mastered the manufacture of another type of forged product, in demand on the market and widely used in nuclear industry. The forged sheet bar has the size of 30×500 mm and is made of heat-resistant alloy on the nickel basis HN55MBTU (EP666). The ingot has been…Details
The Naberezhnye Chelny territory of advanced development will receive new residents.
In particular, Termokrep LLC will create a works to produce metal wares with thermodiffusion coating.
Investments in the project will total 130.7 million rubles.
40 jobs will be created. (Ukrainian metal)
The nickel output of the Russian metals giant Norilsk Nickel fell by 9% QoQ, to 49,460 tons in April-June, the company said on July 31. Copper output rose by 4%, to 117,275 tons. In January-June the company’s nickel output rose by 1% YoY, to 103,523 tons. Copper output increased by 18%, to 229,565 tons. Palladium…Details
Pokrov Mining and Processing Works (ex-Ordzhonikidze GOK) from September 7 will transfer its accounts from the nationalized PrivatBank to the Credit Dnepr Bank. According to the company statement, the change of the bank has to do with PrivatBank being constantly under pressure lately, which could create risks for the GOK. “To prevent such a negative…Details