Owner of 50% of shares of the manufacturing enterprise Stalkanat-Silur Vladimir Nemirovskiy has transferred all his shares to his son David born in 2002. Thus, the share of Nemirovskiy Sr decreased from 50.0001% to zero, while that of Nemirovskiy Jr grew from zero to 50.0001%. The first half of his shares Vladimir Nemirovskiy sold on…Details
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The sheet-rolling shop-1700 of Mariupol Ilyich Iron and Steel Works is finishing another stage of reconstruction. In particularly, a new hydraulic winder for 32-ton hot-rolled coils has been assembled. Investments in the project exceeded $30 million. The machine has the winding speed of 20 meters per second and the capacity of 2.5 million tons of…Details
Orsu Metals has extracted its first gold at the Sergeyevskoye deposit in Zabaikalye region. Reserves are estimated at 25.09 million tons of ore with gold contents of over 1 million ounces. In September, the company extracted 102,583 tons of ore. Over 40 thousand tons were sent to a gold-extracting factory, which produced 38.2 kg of…Details
In January-November, Electrostal (Donetsk region) increased billets output by 10.5% YoY, to 84 thousand tons. In November, the company produced only 2 thousand tons of billets as opposed to 10 thousand tons in October. In January-March, Electrostal did not operate, but after that worked at a third of its capacities. (Ukrainian metal)Details
This year, Rudnik Karalveyem has received its first alluvial gold in Chukotka, having extracted 30.7 kg. As of early November, some 40 thousand cubic meters of sand have been washed. Investments in the project amounted to 96.3 million rubles. Next year, the company intends to increase output 2-fold by adding two more license sites. (Ukrainian…Details
In November, Zaporozhkoks decreased coke output by 0.9% YoY, to 67.6 thousand tons. “The decrease is due to the capital repair of the coke-oven battery No. 6 valued at 90 million UAH”, the company reported. In January-November, coke manufacture grew by 3.2% YoY, to 779.4 thousand tons. (Ukrainian metal)Details
In January-November, Dneprovsky Iron and Steel Combine produced 2.34 million tons of rolled metal, up by 12.7% YoY. Steel manufacture increased by 14.5%, to 2.35 million tons. Pig iron output grew by 17.3%, to 2.15 million tons. (Ukrainian metal)Details
In November, Ukrainian metal companies received 264.4 thousand tons of scrap, up by 15.4%. In particular, Metinvest enterprises and Dneprovsky Iron and Steel Combined received 157.7 thousand tons of scrap, Interpipe – 51.1 thousand tons and ArcelorMittal Kriviy Rih – 46.5 thousand tons. Other companies received 9.1 thousand tons of scrap. The needs of metal…Details
Azerbaijan increased the volume of gold exports by 11.6% YoY in January-October, the Center for Economic Reforms Analysis and Communication of Azerbaijan reported in its “Export Review” for November. Exports amounted to $158.7 million versus $142.1 million in the same period last year. Gold ranked second in the list of non-oil exports. Moreover, the country…Details
Azovstal has commissioned its fire-cutting unit No. 3 after repair. The investment in the project amounted to 10 million UAH. It was impossible to repair the unit at its site in the plate-rolling shop, so it was disassembled and transferred to a contractor. The modernized unit was returned in August. Until November it was completely…Details
Energomashspetsstal is fulfilling an order to supply rolls to Primetals Technologies, Austria. The fulfillment of the contract is expected until the end of the year. The company is producing 16 supporting rolls with the weight of 700 tons. Shipping is planned for the second 10-day period of December. The rolls will be used in the…Details
In January-November, Yuzhniy Mining and Processing Works increased iron ore concentrate output by 3.9% YoY, to 11.73 million tons. Sinter was not produced. In November, UGOK produced 1.008 million tons of concentrate, up by 6.2% YoY. (Ukrainian metal)Details