In January-September Timan Bauxite, an alumina part of Rusal, mined 2.569 million tons, down by 4.4% YoY. In Q3 978 thousand tons of products were manufactured, up by 5.6% QoQ. Excavation works amounted to 13.446 million cubic meters, up by 6.3% YoY. (Ukrainian metal)
DetailsIn August Russia exported 1.8 thousand tons of ferrotitanium, down by 4% MoM, but up by 6.7% YoY. Exports to the Netherlands dropped by 6%, to 1.28 thousand tons, and to Germany – by 13%, to 65.8 tons. Deliveries to China grew inconsiderably, to 270 tons. In January-August ferrotitanium exports totaled 12.9 thousand tons, up…
DetailsAt the headquarters of Magnitogorsk Iron and Steel Works (MMK), the Magnitogorsk section of the conference “Best Available Technology in Blast Furnace Production” will take place. The conference was organized by the Russian Steel association, the International Union of Metallurgists and the magazine Eurasian Metals, with support from the Russian Ministry of Industry and Trade.…
DetailsNLMK Lipetsk, the flagship site of NLMK Group, has started commercial deliveries of S500MC and S550MC high-strength HRC (yield strength 500 and 550 MPa) to the Russian market. These steel products are used in the manufacture of dump truck bodies, scrap trucks, truck chassis, cranes and other special purpose machinery. The use of high-strength steel…
DetailsThe supervisory board of Dneprospetsstal has removed three members of the board and appointed 4 new instead. According to the company press-service, Alexander Panchenko, Sergey Kasyan and Yuliya Deyeva are no longer part of the board. At the same time, from October 23 Andrey Katerusha, deputy chairman on economic safety, Maxim Zinovkin, personnel director, Sergey…
DetailsSince the start of the year Yuzhniy Kuzbass has extracted 1 million tons of coal at the Olzherasskiy pit. At present the company operates at two licensed sites – Berezovskiy and Berezovskiy-2. 9 excavators, 3 boring machines, 7 bulldozers, 2 graders as well as 23 BelAZ quarry dump trucks of various lifting capacities are used.…
DetailsSolway Investment Group, owner of Pobuzhye Ferronickel Plant, is closely watching the situation with the ban of nickel ore exports from Indonesia. “So far the information from Indonesia has been controversial. We are closely watching the situation with the temporary halt of nickel ore exports and taking steps to increase purchases from other countries. For…
DetailsMetinvest Group intends to remain a stable player on the European steel market. “We are working on a business model to let us become a consistent player and diversify sales between various regions to focus on our main consumer markets”, the group sales director Dmitriy Nikolayenko declared. “Metinvest is the manufacturer with low expenses and…
DetailsIzhstal has capitally repaired its hydraulic shearing press. The stable operation of the machinery will provide the electric arc steel shop with quality raw materials. The capacity of the Metso Lindemann shearing press is 29 to 64 tons per hour depending on the type of scrap. The specifically prepared scrap is then used to produce…
DetailsCorum Group has concluded a new agreement with one of the largest potassium fertilizers manufacturers in the world – Belaruskaliy. The company has ordered 16 innovative transformer substations. “These substations are more powerful, while at the same time being more efficient. We used to produce 6 kW transformer substations. The new substations have the capacity…
DetailsSergey Yaremchuk has been appointed new Cherepovets Iron and Steel Works coke-sinter-blast furnace manufacture director from November 1. Prior to that he was the deputy director on techniques. Yevgeniy Vinogradov, who has been managing the pig iron manufacture from 2014 till 2019, will continue his carrier as the Severstal Russia Steel CEO. Sergey Yaremchuk has…
DetailsGold consumption by Russia’s jewelry industry fell by 0.24% YoY, to 25.002 tons, or 803,800 ounces, in January-September, a representative for the Assay Chamber of Russia reported. The industry’s silver consumption decreased by 2.61%, to 80.374 toes, or 2.584 million ounces, in the period. Russia’s gold jewelry production fell to 22.39 million items with a…
DetailsIn August-October the state enterprise Mine named after Surgay concluded 9 agreements with Dragarem LLC for the repair works valued at 33.6 million UAH. Until mid-2020 the company has to repair various types of mining machinery and transformer substations. The price is 9% below the expected cost of the purchases (37.08 million UAH). (Ukrainian metal)
DetailsA roof of the electrical shop on the territory of the Belozerskaya mine caught fire. According to the State Emergency Service, there were no casualties or injured. The firefighters extinguished the fire on the area of 20 square meters. 233 miners were evacuated to the surface. (Ukrainian metal)
DetailsThe Federal Antimonopoly Service has allowed Kupol Ventures Limited to buy the Third Mining and Geological Company. Via the former Kinross Gold owns the Kupol deposit in Chukotka and via the latter N-Mining Ltd is developing the Chulbatkan gold deposit in Khabarovsk region. Kupol was allowed purchasing 100% of the mining company shares. Kinross bought…
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