Volnogorsk Mining and Processing Works has concluded an agreement with Imex Minerals LLC for the development of rock valued at 95.55 million UAH. This year the company will have to develop some 2.45 million cubic meters of rock and transport it for 2.5 km at the price of 39 UAH per 1 cubic meter. The…Details
Today at 1:00 am the trade seaport of Yuzhniy welcomed the Semiramis with 80 thousand tons of anthracite coal from the South African Republic for the DTEK thermal power plants. “In September the port intends to receive 6 vessels with power and coking coal with the total volume of 530 thousand tons”, the port press-service…Details
The Irkutsk region development corporation has signed an agreement with Usolye Iron and Steel Works to construct a light section plant. The enterprise will process scrap and produce rebars. The capacity of the plant is intended to be 100 thousand tons per year. 219 jobs will be created. Investments will total 3.9 billion rubles, and…Details
Kandalaksha Sea Trade Port keeps increasing coal throughput.
Since the beginning of the year the port has exported over 1 million tons of coal, up 3-fold YoY.
This year the port has serviced 38 vessels and over 14 thousand open wagons. (Ukrainian metal)
In January-August Khabarovsk Krai yielded 14.9 tons of gold, up by 20.1% YoY. In particular, 11.8 tons of ore gold and 3.1 tons of alluvial gold. Silver output increased by 46%, to 40.4 tons. In January-August 2016 the region yielded 12.4 tons of gold and 27.7 tons of silver. This year the region is to…Details
The steel ropes of Beloretsk Iron and Steel Works have been used in the construction of the first serial nuclear-powered icebreaker the Sibir of the 22220 project. BMK has been cooperating with Baltiysky Shipbuilding Works for some 5 years. The company supplies steel rope of various diameters to the works, including with zinc coating. This…Details
MMK has once again entered the first ten of the Russian fuel-energy and metal industry environment ratings in H1 2017. The company occupied the 10th position among other 33 companies, thus retaining its results of the previous half year and being the only metal company to get to the top ten. Among MMK environment initiatives…Details
The Trade Committee of South Korea has imposed antidumping duties on ferrosilicomanganese from Ukraine, India and Vietnam. The duty in the volume of 4.06-19.06% is set for 5 years. Since May 31 preliminary duties in the volume of 6.08-32.32% have been in effect in South Korea. According to the Committee, in 2015 the country consumed…Details
In H1 2017 Ferrexpo increased investments into Poltava, Yeristovo and Belanovsky Mining and Processing Works by 58.4% YoY, to 1.15 billion UAH. In particular, PGOK received 762.3 million UAH, Yeristovo GOK – 356.7 million UAH, and Belanovsky GOK – 26.4 million UAH. This year Ferrexpo intends to invest some $100 million more into its GOKs.…Details
Belarus plans to set up one more industrial steel making plant, Belarus’ Vice Premier Vladimir Semashko said. According to the vice premier, the Belarus Iron and Steel Works started producing wire-rod mill in 2015. “With this line in operation, we have covered 60% of the needs of the domestic mechanical engineering sector. We satisfy the…Details
ArcelorMittal Kriviy Rih intends to construct 2 continuous casting machines for the manufacture of slabs. The project could start after the machines Nos. 2 and 3 are constructed. By April 2019 the construction and commissioning should have been complete. As the result, some 4 million tons of steel will be produced using the continuous cast…Details
By the end of the year Zagorsky Pipe Works will have supplied some 121 thousand tons of pipes to Gazprom. “Since May we have been manufacturing pipes for Gazprom. We have concluded several agreements for the delivery of pipes for repairs”, the company corporate communications deputy director Igor Gusenkov said. At present the capacities of…Details
As of September 10 the Vetrensky gold deposits in Tenkin city district of Magadan region yielded 357.8 kg of gold, up by 67% YoY. Last year as of September 10 Electrum Plus, a part of Susumanzoloto, mined 239.4 kg of gold. This year the group management set the output plan for the company on the…Details
In August the metal plating shop No. 2 of Cherepovets Iron and Steel Works produced 63 thousand tons of galvanized metal. The previous record of 60 thousand tons was set in May 2016. Last month the continuous hot alumining and continuous galvanizing mills operated at the maximum capacity. At the same time output increased because…Details
In 2016 consumption of large diameter pipes (LDP) decreased by 35.5% YoY, to 2.14 million tons, as the construction of new pipelines in Russia was slowed. At the same time the oil-and-gas pipes were in a stable demand, which was projected to remain in the near future following the increase of drills and the replacement…Details
Philips Lighting, a leader in global lighting solutions, has completed the first stage of large-scale renovation work on the lighting systems at three Metalloinvest enterprises: OEMK, Lebedinsky GOK and Mikhailovsky GOK. As part of the project, ready-made lighting systems have been installed at a total of 17 production facilities. As a result of the modernization…Details
Mechel PAO reports a court decision that may have an impact on the value of Mechel PAO’s shares. According to court information, the Fifteenth Arbitration Court of Appeals left unchanged the decision to charge Mechel PAO jointly with other respondent parties a sum of 12.7 billion rubles to recover Rostov Electrometallurgical Plant’s damages. The lawsuit…Details
Rosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, says it has exported 17 million tons of coal this year. The milestone ton was loaded on September 14 onto the Post-Panamax bulk carrier, Blue Wave, the 241st vessel handled since the…Details
Evraz Sukhaya Balka reports of the pressure on the enterprise on behalf of companies making obstacles on its way to get licenses for subsoil use. According to the company, it started the process of prolonging the license for 20 years on February 1, 2016, as it would expire in August 2016. But within 60 days…Details
ArcelorMittal Kriviy Rih has spent some 450 million UAH on the reconstruction of its converter No. 4 in the converter shop. Previously gas-purifying equipment has been replaced at converters Nos. 5 and 6. The project has been implemented within the reconstruction of the whole shop with the replacement of gas-purifying equipment, which is a key…Details
In January-August Ural Pipe Works increase pipes manufacture by 13.3% YoY, to 163.55 thousand tons.
In particular, the company produced 111.81 thousand tons of oil pipes, up by 16.7% YoY, and 51.7 thousand tons of section pipes, up by 6.5%.
Pipe sales increased by 12%, to 162.78 thousand tons. (Ukrainian metal)
The mining works of Polyus at the Natalka deposits in Magadan region will make Russia the second gold manufacturer in the world after China. “The largest gold-mining enterprise in Russian and one of the largest in the world has been commissioned in Magadan region. Its capacity will be 200 million tons of ore per year,…Details
In Q4 Kanchalano-Amguemskaya Field LLC intends to produce the first batch of metals, mined at the Gorny site. Investments into the project total over 2.5 billion rubles. “By 2017 the Gorny site has been prospected. Its reserves are estimated at 1.5 tons of gold”, the company CEO Taras Zhuk reported. The company has already created…Details
Uralskaya Kuznitsa has shipped the first batch of wagon axles to a wagon-repairing works in Bulgaria. In particular, UralKuz supplied 400 axles to the works situated in the city of Septemvry. The products meet all European quality standards. Under the contract UralKuz will produce over 1300 axles. The company has been manufacturing products for railroad…Details
In January-June exports of metal structures from Ukraine exceeded last year levels. “In H1 Ukraine exported 8.3 thousand tons of metal structures, up almost 2-fold YoY. The main destinations were the Netherlands, Poland, Belgium, China and Lithuania. At the same time Ukraine imported some 1.7 thousand tons of metal structures”, the Ukrainian Center for Steel…Details
Metinvest enterprises in the city of Zaporozhye: Zaporizhstal, Zaporozhogneupor, Zaporozhkoks and Zaporozhye Casting and Mechanical Works – will employ 250 young specialists. In 5 years Zaporozhye companies employed over 2 thousand graduates from schools and higher educational establishments. The enterprises have a number of educational and motivating programs to improve professional and personal qualifications. Zaporizhstal…Details