In June Beloretsk Iron and Steel Works sold 41 thousand tons of metal wares, up by 15% YoY. The company increased supplies to the domestic companies of the oil and gas, machine-building, car and construction industries. Steel bearing wire showed the largest increase – 2-fold. Rebar threads and alloyed welding wire sales grew by 32%…Details
In January-June Priisk Solovievskiy extracted 1068 kg of gold, down by 3.4% YoY.
569 kg accounted for alluvial gold sites, where work is carried out from May till October.
The rest (499 kg) was obtained from the Solovievskiy gold ore deposits.
In 2017 the company obtained 3127 kg of gold. (Ukrainian metal)
Russian Copper Company and the authorities of Magadan region have concluded a cooperation agreement on investment projects. The document was signed by the RCC president Vsevolod Levin and the temporarily acting governor of the region Sergey Nosov. RCC intends to inspect and develop copper deposits on the territory of the region in order to construct…Details
Magnitogorsk Iron and Steel Works (MMK) is expanding its innovative cooperation with Oracle, having chosen the corporation as its strategic partner for the next five years in the implementation of the concept “Industry 4.0”. The optimization and unification of MMK’s business processes on the basis of a unified Corporate Information System (CIS) will facilitate the…Details
Satbayev University and ArcelorMIttal Temirtau JSC have founded a joint enterprise to realize a coal-bed methane exploration and production project at the Karaganda coal basin. Coalbed methane (CBM or coal-bed methane), coalbed gas, coal seam gas (CSG), or coalmine methane (CMM) is a form of natural gas extracted from coal beds. As the international experts’…Details
On July 9 the operation of the Novovolynskaya No. 9 mine (state enterprise Volynugol) was suspended. The miners demanded from the authorities to clear salary debts. On July 5 the Ministry of energy and coal industry divided budget funds. It was planned to spend 324 million UAH to clear salary debts, with 9.5 million UAH…Details
In January-June Seligdar increased rock transportation by 15% YoY, to 10 million cubic meters.
Rock mining grew by 56%, to 5.8 million tons.
Gold output increased by 39%, to 1327 kg.
Nizhneyakokitsky Works demonstrated the best results having obtained 600.1 kg of gold.
This year Seligdar intends to mine 6 tons of gold. (Ukrainian metal)
The ChTPZ group was the first in Russia to start manufacturing import-replacing products – steel frames of oxygen converters for steel manufacture. The first frame has been produced at the Eterno Works. In June the converter was supplied to the NTMK. The total weight of the frame is over 120 tons, the height when assembled…Details
Severstal and Air Liquide have ahead of schedule finished the capital repairs of the largest in Russia machine to produce industrial gases at the Cherepovets Iron and Steel Works. “The capital repairs have lasted for 11 days instead of the planned 14 days. The restoration of the compressor machinery took the most part of the…Details
The steelmaking laboratory of the A.A. Ugarov Stary Oskol Technological Institute, a branch of the National University of Science and Technology MISiS (NUST MISiS), launched at OEMK (a part of Metalloinvest), has begun developing new steel grades. The laboratory is conducting experimental smelting in a new vacuum induction-melting furnace with a maximum capacity of 60…Details
Russia’s aluminum exports almost tripled MoM, to 420,100 tons in May, the Federal Customs Service said. In monetary terms, aluminum exports grew 2.55-fold, to $751.6 million. In January-May the exports rose by 22.8%, to 1.337 million tons in volume terms and by 44.1%, to $2.482 billion in monetary terms. Copper exports grew by 25.9%, to…Details
The commercial court of the Zaporozhye region has satisfied the claim of the Special anticorruption prosecutors office to Toleis Trading Limited, a part of Dmitry Firtash’s Group DF, on the cancellation of the agreement with the State Property Fund of Ukraine on the creation of the Zaporozhye Titanium and Magnesium Works LLC on the basis…Details
Ukrgazvydobuvannya has ordered Interpipe-Ukraine LLC the delivery of pipes valued at 254.67 million UAH.
In particular, the company has been ordered 4963 tons of various pipes.
The pipes are to be produced by Interpipe Niko Tube, Interpipe NTZ and Interpipe NMTZ. (Ukrainian metal)
The so-called Donetsk People’s Republic, a terrorist organization, created and supported by Russia, say they have resumed operation at Khartsyzsk Pipe Works. The company resumed operation after the Alchevsk Iron and Steel Works had started operating in full swing. The company is situated in the so-called Lugansk People’s Republic, another creation of Russia’s. Khartsyzsk Pipe…Details
In June Russia supplied 115.8 thousand tons of scrap to Belarus via railroad.
This is 5.7% below the June 2017 results.
In January-June scrap exports reached 614.3 thousand tons, down by 4.7% YoY. (Ukrainian metal)
In June, according to the railroad statistics, the main trading companies and networks received 0.92 million tons of metal, including imports, up by 6.8% YoY.
In January-June railroad deliveries totaled 5.4 million tons, up by 3.2% YoY. (Ukrainian metal)
Uralelectromed has started repairing the raw materials and ready-made goods warehouse. The warehouse will be reconstructed in 2 stages. The first stage, scheduled to end in October, will see the reconstruction of the ground floor premises, the roof and the facade. The second stage presupposes the repair of the working zone of the loading site…Details
In January-June Pavlik mined 3300 kg of ore gold at the deposits with the same name in Magadan region. According to the company prospecting director Victor Troitskiy, gold output grew by 5% YoY. In H1 2017 the company mined 3150 kg of gold. This year Pavlik intends to mine 7 tons of gold. Thus, the…Details
In January-June Russia mined 209.5 million tons of coal, up by 5.2% YoY. SUEK enterprises accounted for 55.54 million tons, up by 3.7%. Kuzbassrazrezugol mined 21.59 million tons, down by 5.35%. SDS-Ugol shipped 13.25 million tons from its license sites, up by 7.1%. Vostsibugol increased coal output by 11.2%, to 7.27 million tons. Yakutugol and…Details
In January-June Amur region mined 9734.4 kg of gold, down by 12.5% YoY. Ore gold output accounted for 7624.9 kg, and alluvial – 2109.5 kg. In particular, Petropavlovsk enterprises mined 6270 kg of gold (Albyn Mine LLC – 2186.7 kg, Pokrovsky Mine LLC – 2627.3 kg, and Malomyr Mine LLC – 1456.1 kg). Berezitovy Mine…Details
Mikhailovsky Mining and Processing Works has received a new track-laying crane. The machine was purchased within the Metalloinvest investment program to replace machinery and improve manufacturing efficiency. The new crane with the lifting capacity of 21.5 tons is capable of laying railing with the length of up to 25 meters. This purchase is very important…Details
On July 8, 1933 the first open-hearth furnace of MMK produced its first steel. This was the beginning of the steel smelting complex at the company. By the late 1980s MMK operated three open-hearth shops, which comprised 35 furnaces. Steel output reached 16 million tons. In 1990 the company commissioned the oxygen-converter shop. Now the…Details
The sole owner of Stalkanat-Silur, Vladimir Nemirovsky has sent 60 million UAH (0.57 UAH per ordinary share) from the 2017 net profit to pay dividends. The decision was taken on July 2. The dividends will be paid not later than on January 2, 2019. In 2017 Stalkanat-Silur increased net profit 4.3-fold YoY, to 148.859 million…Details
In January-June Mariupol Ilyich Iron and Steel Works increased rolled metal output by 9% YoY, to 1.45 million tons. Steel manufacture grew by 8.5%, to 1.61 million tons, and pig iron – by 23%, to 2.3 million tons. In June the company produced 245 thousand tons of rolled metal, 274 thousand tons of steel and…Details