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
In June Ukraine decreased steel output by 2% MoM, to 1.67 million tons. Pig iron manufacture grew by 3%, to 1.63 million tons, while rolled metal dropped by 2%, to 1.52 million tons. In January-June pig iron manufacture increased by 14% YoY, to 10.15 million tons. Steel output grew by 5%, to 10.35 million tons,…Details
In recent years the issue of labor migration in Ukraine has been one of the hottest topics for discussion. The question “What shall be done to retain qualified specialists” is the subject of concern for many companies. In this regard, PJSC ArcelorMittal Kriviy Rih is a unique company. It does not have problems with loss…Details
The prices for main precious metals prices rose on July 9, according to the data published by the Central Bank. The cost of gold increased by 6.324 manats, to 2140,2065 manats per ounce compared to the price on July 6. The cost of silver increased by 0.1779 manats, to 27.4062 manats per ounce. The cost…Details
The state enterprise Lvivugol has completely cleared the salary debt to its employees for May.
The enterprise received money from the state company Ugol Ukrainy, which allowed paying the May salary.
Shortly the enterprise will start paying wages for June.
In June Lvivugol cleared the April salary debt. (Ukrainian metal)
Kazakhstan’s National Atomic Company (NAC) Kazatomprom JSC has delivered over 3,100 tons of uranium to the British Yellow Cake company, says the message posted on the website of NAC Kazatomprom JSC. “Following the successful floatation of Yellow Cake plc, NAC Kazatomprom JSC is pleased to confirm that its long-term supply contract with Yellow Cake, which…Details
The price of one ounce of gold increased by 7.497 manats or by 0.3526% last week, to 2,127.2508 manats. The price of one ounce of silver decreased by 0.0078 manats or by 0.286%, to 27.1837 manats. The price of one ounce of platinum decreased by 3.9695 manats or by 0.2759%, to 1,420.1579 manats. Last week,…Details
Because of the critical situation at the state coal enterprises, the Independent Miners Union has prepared an address to the president, prime minister and the Verkhovnaya Rada chairman. According to the union chairman Mikhail Volynets, the main problems in the industry are the wage debt growth totaling over 1.1 million UAH, the decrease of coal…Details
VIZ-Stal has started repairs of one of the four filter presses of the cleaning facilities.
The repair presupposes the replacement of 15 filter plates.
The commissioning of the machine is scheduled for late 2018.
Assembly will be carried out in October.
VIZ-Stal will invest some 12 million rubles in the project. (Ukrainian metal)