In 2017 Sibcable increased copper processing to 15 thousand tons and aluminum – to 2.7 thousand tons. In 2016 the company processed 14.1 thousand tons of copper and 2.1 thousand tons of aluminum. The combined increase totaled 1.5 thousand tons. According to the company manufacturing director Sergey Lipovka, the growth of processing and manufacture is…
DetailsMechel-Service has supplied over 7 thousand tons of rolled metal for the World Winter University Games to be held in 2019 in the city of Krasnoyarsk. Rebars and sections have been delivered to almost all the sites of the games: Platinum Arena Krasnoyarsk, Crystal ice arena, Perya-2 dormitory complex, etc. Last year Mechel-Service supplied 230…
DetailsIn 2017 Izhstal increased output of high added value products manufacture. The highest growth was seen in cold-rolled belt – by 31%. Gauged bars manufacture increased by 5%, to 12.3 thousand tons. Metal wares output grew by 4% YoY, to 13.6 thousand tons. Sales to machine-building companies fell almost 2-fold last year. At the same…
DetailsIn January Ukraine exported 3.027 thousand tons of coke valued at $884 thousand, down 4.3-fold and by 45.1% YoY respectively. According to the State Fiscal Service, the main customers were Belarus (48.3%), Russia (27.6%) and Romania (16.87%). At the same time, Ukraine imported 156.913 thousand tons of coke valued at $44.598 million, up 2.1-fold and…
DetailsIn January Ukraine exported 37.422 thousand tons of titanium-containing ore and concentrate, down by 33.9% YoY, valued at $7.115 million, down by 1.8%. According to the State Fiscal Service, the main importers were Turkey (45.31%), the Czech Republic (15.73%) and China (10.32%). Last month Ukraine imported 805 tons of titanium-containing ores valued at $163 thousand.…
DetailsA number of media reported that on February 7 the Oleg Mkrtchan, CEO of the Industrial Union of Donbass, was detained in Moscow.
The corporation has no information on the reasons of the detainment.
Sources say the detainment might have something to do with the embezzlement of funds. (Ukrainian metal)
The Torex group of companies, the owner of the only steel producer in Russia’s Far East Amurmetal, has agreed to sell an unspecified stake in the plant to Hong Kong company Debang Guangdong International, Pavel Balsky, chairman of Torex board of directors, said on February 8. “We have reached an agreement, under which our Chinese…
DetailsVostochny Port JSC, Russia’s largest dedicated coal port (run by Port Management Company, PMC LLC), handled about 2 million tons of export coal in January, up by more than 4% YoY (1.8 million tons). In the reporting period the company unloaded 27,200 rolling stock units (+85 units). The share of innovative rail cars with increased…
DetailsAzerbaijan plans to restore and restart Ganja Aluminum Plant, Kamran Nabizade, director general of the Azerbaijan Industrial Corporation, said at the corporation’s meeting on February 7. “The goal is to organize the manufacture of primary and final aluminum products,” Nabizade said. “This will make it possible to increase competitiveness of the aluminum production sphere and…
DetailsIn 2018 Anglo Asian Mining intends to obtain 78-84 thousand ounces of gold equivalent. According to the company statement, gold will amount to 64-70 thousand ounces. Copper will reach 2.1-2.3 thousand tons. The company expects gold price to be $1.25 thousand per ounce, silver – $17 per ounce and copper – $6.8 thousand per ton.…
DetailsThis year the Mine named after Matrosov, which develops Natalkinskoye gold-ore deposits in Kolyma, intends to mine 5 tons of gold. Since the beginning of the year the mine has already yielded 260 kg. To meet the target, the enterprise will have to process 9 million tons of ore and 15 million tons of rock.…
DetailsAccording to the Ministry of Economy, in 2017 Uzbekistan consumed 4.8 million tons of coal. The needs have been completely covered. As the coal consumption grows with the increase of the population, a program for coal industry development has been approved. It envisages both new construction and modernization of existing capacities. Coal output is expected…
DetailsArcelorMittal Kriviy Rih is still among companies with the least industrial injury rate in the AM Group in 14 countries (2nd place) and mining and metallurgical companies of Ukraine. In 2017 the rate decreased to 0.37 from 0.41 in 2016. Last year the number of injuries resulting in the loss of working days among the…
DetailsIn January Ukraine increased revenue from ferrous metals exports by 33.4% YoY, to $873.35 million. According to the State Fiscal Service, ferrous metals accounted for 23.45% of the total exports in the period, up from 21.64% last January. In December 2017 revenue from ferrous metals exports totaled $817.37 million. At the same time ferrous metals…
DetailsNorilsk Nickel and Russian Platinum have signed an agreement on strategic partnership, which presupposes the creation by the end of the year of a joint venture to develop three deposits with the possible reserves of 70-100 tons of platinum group metals a year, which will make it one of the largest manufacturers. Each company will…
DetailsNLMK Group, an international steelmaking company with operations in Russia, the USA and the European Union, has begun hot testing of its new turbine generator unit No. 5 at its Cogeneration Plant in Lipetsk. Once commissioned the new generator, which has a capacity of 60 MW, will improve the reliability of the energy supply, reduce…
DetailsIn 2017, 12.5 million tons of Kazakhstan coal were shipped for utility needs. “In 2017 coal production was higher by 8.3% than in 2016. 12.5 million tons were supplied for household and utility needs”, said Minister of Energy Kanat Bozumbayev when visiting Pavlodar region. According to Bozumbayev, in Kazakhstan there is a stable growth of…
DetailsResidents of Toguz-Toro district demand to stop construction of a gold processing plant, the head of the staff of the district administration Tabyldy Saminov reported. On February 7 residents of the district held a rally with one demand: to suspend the activities of GL Makmal Developing, which was building the gold processing plant. The protesters…
DetailsVolnogorsk Mining and Processing Works has ordered Energy Trade Group LLC the supply of natural gas valued at 149.01 million UAH. This year the company will supply 15.6 million cubic meters of gas valued at 9552 UAH per 1 thousand cubic meters. The price of the agreement is 0.4% below the expected cost of the…
DetailsThis year steel consumption in EU is expected to grow by 1.9% YoY, just like last year. According to Eurofer, in 2019 growth demand for steel will drop to 1.4%. In 2017 steel imports to EU decreased by 1% because of the trade protection measures. Thus, imports from Ukraine dropped by 31%, from Russia –…
DetailsIn 2017 Severstal delivered some 180 thousand tons of rolled metal to Russian manufacturers of household appliances and industrial packaging, up by 10% YoY. The increase has to do with the growth of the client base and consumption. “Deliveries to Russian manufacturers of household appliances increased last year by 33%, to 58 thousand tons. Having…
DetailsIn 2017 Seaport St Petersburg handled 6.9 million tons of cargo, up by 4% YoY.
According to the port press service, ferrous metals throughput increased by 20%, to 3.6 million tons, while that of non-ferrous metals dropped by 9%, to 1.4 million tons. (Ukrainian metal)
ChTPZ has become the only supplier of low-temperature large diameter pipes for the construction of the Nord Stream-2 gas pipeline. In January-May ChTPZ will ship some 3 thousand tons of LDP to Nord Stream 2 AG. All the pipes will be made of low temperature steel, thus the operating temperature could be as low as…
DetailsBeloretsk Iron and Steel Works has been named a “Perfect supplier” by Autopribor, one of the largest spare parts for automobiles manufacturers. The highest supplier category has been granted to BMK for operation in Q4 2017. The companies have been cooperating for a number of years. “The title of the perfect supplier is a high…
DetailsChelyabinsk Iron and Steel Works has mastered the manufacture of beams with corrugated vertical wall. Now ChMK can produce any type of beam available on the market. ChMK manufactures corrugated beams at the new line in the rolling shop. The capacity of the line is 400 tons per months. Corrugated beams are widely used in…
DetailsIn 2017 Severstal purchased goods and services from Vologda region companies valued at 19.9 billion rubles, up by 4.5 billion rubles YoY. Small and medium business accounted for 10.5 billion rubles. The share of Vologda region in Severstal purchases increased last year from 13% to 16%. The growth is connected with the large-scale investment program…
Details