In April Russia exported 172 thousand tons of raw aluminum, down by 43% MoM and by 19% YoY. According to the customs statistics, in January-April raw aluminum exports reached 1.01 million tons valued at $1952 million, up by 9.6% and by 31.5% YoY respectively. In April the average price was $1894.6 per ton FOB, down…Details
The Ministry of industry and trade is constantly monitoring the situation with Rusal and in the cities of its presence. At present “there is no danger”. The minister Denis Manturov believes that the creation of processing enterprises inside the country will be the best way to help both the industry and the company. “All the…Details
The current capacities of the domestic manufacturers of extrusion packing are able to cover the whole demand on the local market, which will greatly increase aluminum consumption. At present the consumption of aluminum cylinders, bottles and pipes is growing. Russian aluminum packaging is successfully used by cosmetics, pharmacological and food companies not only of Russia,…Details
In May Russia produced 4.465 million tons of pig iron, up by 3.9% YoY, with 4.32 million tons produced in April. In January-May pig iron production totaled 21.745 million tons, up by 0.5% YoY. Ukraine decreased pig iron output by 0.6% YoY, to 1.582 million tons (1.649 million tons in April), but increased by 7.7%…Details
Russian metals producer Mechel has retained 23 million tons of coal as a production target for 2018 but does not rule out underperforming, CEO Oleg Korzhov said at an annual general meeting. “The plan to produce 23 million tons of coal stands, but it will be hard to meet it as of today. We will…Details
Russia has sent a claim against additional U.S. import duties on steel and aluminum to the World Trade Organization (WTO), Economic Development Ministry said in a statement, citing Minister Maxim Oreshkin. “The reason for the claim is multiple WTO rule violations committed by the U.S. during the introduction of this measure. Besides Russia, China, India,…Details
The Pipeline Joint Taps Works, a part of ChTPZ, has mastered the manufacture of a new type of product for the nuclear energy. For the first time the works has produced hot-bent taps with the diameter of 219 mm and the wall thickness of 11 mm of stainless steel. The first batch of 18 taps,…Details
June 29 marked the end of three auctions for the sale of real estate properties owned by insolvent KVV Liepajas metalurgs. On May 30 the company’s administrator Vita Dika announced three auctions. The total value of auctioned properties reached EUR 262,000. Auction prices were not applied with VAT. The enforcer was Citadele Bank and other…Details
In January-May Ukraine produced 7.72 million tons of rolled metal, up by 11% YoY. Some 6.43 million tons, or 83.2%, were exported. Domestic customers received 1841.8 thousand tons of rolled metal, including 545.8 thousand tons, or 29.6%, imported. In January-May 2017 the share of imported rolled metal was 27.3%. Semi-finished products accounted for 42.2% of…Details
The Stepnaya mine of the DTEK Pervomayskoye Mine Group has commissioned the long face No. 175.
Some 800 thousand tons of coal will be mined from the new long face in 10 months.
The cost of repair and purchase of new machinery reached 153 million UAH. (Ukrainian metal)
Norilsk Nickel shareholders at the annual meeting have set financial dividends for 2017 in the amount of 607.98 rubles per share, or 96.2 billion rubles total. Taking into account the interim dividends for H1 2017 ($600 million), the total amount will reach $2.162 billion. Last year the company net profit dropped by 16%, to $2.123…Details
Yakutia intends to create a priority development area on the territory of Ust-Tanskiy, Oimyakonsky and Tomponsky districts. The project will attract over 27 billion rubles of private investments and create some 1700 jobs. 4 anchor investors plan to mine and process tin ore, as well as precious metals ore and sands. The new PDA could…Details
Rise LLC, which develops alluvial gold deposits in Magadan region, has already obtained 150 kg of precious metal since the start of the washing season. This year operations started in the first half of May. The company is operating at two sites on the Pravaya Vizualnaya brook and the Nelgyu River. This season it is…Details
Rotek has started assembling the transformation substation at the Kekura gold deposits in Chukotka Autonomous District ahead of schedule.
The commissioning of the power machinery is scheduled for late 2018.
The transformer substation will be providing the gold-extracting enterprise with electricity for 30 years.
Kekura is developed by a Highland Gold subsidiary. (Ukrainian metal)
In May Russia produced 6.23 million tons of steel, up by 6% YoY (5.877 million tons), while in April the output totaled 6.03 million tons. In January-May steel output grew by 2% YoY, to 30.027 million tons. Ukraine increased steel manufacture by 2.9% YoY, to 1.695 million tons, while in April it produced 1.721 million…Details
Proizvodstvo polymetallov (Polymetal manufacture), the subsidiary of Uralelectromed, has commissioned the coke deck of the railroad shop after repair.
Its length is 113 meters and height – 8 meters.
The coke deck is an important transportation unit of the manufacture.
The cost of the project is 4 million rubles. (Ukrainian metal)
The miners team Aleksandrovskaya-1 LLC, which extracts alluvial gold in Amur region, has already obtained 60 kg of gold this year.
The company is operating at two deposits – Djalon and Djuvaskit.
This year the team plans to obtain 180 kg of alluvial gold, up by 75% YoY. (Ukrainian metal)
Kyshtym Electrolytic Copper Plant has started assembling metal structures, which will later serve as the basis for the new Luhr Filter filtering machinery to purify gases of the Maerz furnace. The new machine will trap both solid and gaseous impurities. The gas-purification rate will reach 99.9%. The commissioning of the filter is scheduled for this…Details
NLMK has selected the supplier of machinery and started design work to replace the transfer table of the hot-rolling mill-2000. The project will increase the reliability of the machine and the quality of the products. The mill has been operating since 1977. The new machinery will be supplied by Novokramatorsk Machine-Building Works (Ukraine). Commissioning is…Details
Izhstal has successfully passed the KamAZ audit. The truck manufacturer checked high quality metal manufacture at Izhstal. In particular, attention was paid to the rolling shop with its machinery. “The audit has become another step to improve cooperation with KamAZ. We are successfully cooperating with domestic car manufacturers and hope that KamAZ also becomes our…Details
The Government of Kyrgyzstan draws up a new agreement on Kumtor, the Speaker of the Parliament Dastan Dzhumabekov told the press conference on the results of the 4th session of the Parliament. According to him, the government intends to revise the agreement with Centerra Gold, signed in autumn 2017 by the Cabinet of Ministers of…Details