Interpipe is pondering the creation of the database of unscrupulous scrap procuring enterprises in order not to cooperate with them in future. “The scrap shortage is an important factor for us, but on the other hand we are now more concerned with the quality of the raw materials we receive. We want to create the…Details
The State Duma has adopted in the second reading the draft decree on imposing a zero rate of VAT on companies that extract precious metals from scrap or wastes without a license and then sell them to the State Fund, banks and the Central Bank. According to an explanatory note to the document, the tax…Details
Several gold-extracting projects will be carried out in Irkutsk region. Polyus intends to commission the Sukhoi Log deposits by 2026. The capacity of the gold-extracting factory is expected at 30 million tons of ore with the average gold output at 1.6 million ounces per year. Investments will total $2-2.5 billion. Meanwhile Polyus Verninskoye has received…Details
In mid-June the group of companies Ferrum (Novosibirsk) has put into operation the fifth pipe mill TESA 48-133.
The mill produces electric-welded straight seamed pipes with the diameter of 48-133 mm.
The total capacity of the mill is up to 6 thousand tons of pipes per month. (Ukrainian metal)
Additional premises of the oil-processing works have been put into operation in Azerbaijan. The size of the premises is 1500 square meters. The weight of the metal structures is 154 tons. This is the second building constructed in the country by the specialists of Novinsky Works of Metal Structures (Moscow). The oil-processing works has been…Details
In order to check the compliance of the Energomashspetsstal environment management system to the ISO 14001:2015, the company has been visited by QSCert-Ukraine B.V specialists. They have checked 17 structural subdivisions of the company, studying the documents dealing with environment protection and speaking with the directors and the personnel. The information obtained during the audit…Details
Ukrmetallurgprom and the Ukrainian association of secondary metals UAVtormet have addressed the Verkhovna Rada asking it to free the scrap metal operations from VAT. “This will make it impossible to some companies to carry out operations, which allow them to get the VAT reimbursed from the state budget”, the letter said. According to the letter,…Details
Ural Mining and Metallurgical Company is carrying out operation at the Khopra sulfide-nickel deposits in Voronezh region. The prospecting work has been completed, and now the company is preparing the necessary documents. The process is expected to wrap up by 2020. According to the company statement, preliminary estimations show that the construction of a mining…Details
In January-May Irkutsk region yielded 6902 kg of gold, up by 15% YoY. In particular, ore gold output totaled 5662 kg, and alluvial gold – 129 kg. 6 companies provided for the most output. Polyus Verninskoye mined 2923.6 kg of gold, Vysochaishiy – 1813 kg, Ugakhan – 649 kg, Lenzoloto – 451 kg, Vitim –…Details
Severstal has supplied around 40 thousand tons of various rolled metal for the construction of all the 12 stadiums, which will host the FIFA World Cup. When constructing the arenas, Severstal’s sheets and rebars were used. Metal was supplied both from the manufacturing site in the city of Cherepovets and from Severstal Bar Works Balakovo.…Details
StalTrans, a subsidiary of the Russian railway operator Freight One, has signed a 467.771-million ruble agreement to buy rail wheels from Interpipe-M, a unit of Ukraine’s Interpipe, Freight One said in a statement. Interpipe-M is to supply the rail wheels by July. Freight One also said that it planned to buy rail wheels from StalTrans…Details
Metalloinvest has signed a long-term loan agreement with Credit Agricole CIB (France). According to the company statement, the loan of 72 million euros will be attracted for 12 years under the Euler Hermes Aktiengesellschaft guarantees. Metalloinvest intends to spend the money to purchase Takraf GmbH machinery. The machinery will be stationed at the Lebedinsky Mining…Details
NLMK Group, a global steel company, is designing equipment to implement stamp charging process at Altai-Koks. This will boost coke quality and reduce the cost of its production through use of more cost-efficient grades of coking coals. Stamping technology is under implementation at coke plant No. 5, launched in 2006 with a design capacity of…Details
Local residents are dissatisfied with the development of Ishtamberdy gold field in Chatkal district of Jalal-Abad region. They held a protest. Residents are unhappy that the developer Full Gold Mining does not comply with environmental standards. As the State Committee of Industry, Energy and Subsoil Use reported, officials intend to visit the field and sort…Details
The Cabinet of Ministers has adopted a new decree on scrap procurement. Uzvtortsvetmet was ordered in two months to organize in all cities and district centers special points of acceptance of scrap from individuals. All the equipment containing ferrous and non-ferrous metals from January 1, 2019 will have to be submitted to Uzmetcombinat and Uzvtortsevtmet…Details
A miner died at the Rodina mine of the Krivoy Rog Iron Ore Industrial Complex.
The 32-year old employee was carrying out hazardous work.
According to the police, the preliminary reason of death is the electric shock. (Ukrainian metal)
The channel capacity of the Kamysh-Zarya – Volnovakha route, through which raw materials are delivered to iron and steel works in Mariupol, is still below the desired level. “The Mariupol direction is still problematic. Only 18-22 pairs of cargo trains per day pass there, while the full operation of Mariupol Ilyich Iron and Steel Works…Details
Ukrainian scrap procurers and metal companies ask the members of the Verkhovna Rada to pass the decree on de-shadowing of the scrap market. The draft decree presupposes making amendments to the current laws of scrap metal, accounting and to the Criminal Code. The decree cancels the division of the scrap into household and industrial and…Details
Dneprovsky Iron and Steel Combine, a part of the Industrial Union of Donbass, and the authorities of the city of Kamenskoye have signed a memorandum of cooperation to improve environment. The document has been signed by the city mayor Andrey Belousov and the company CEO Alexander Podkorytov. DMK is actively participating in the infrastructure development.…Details
In 2018 Ukraine witnesses the falling of ferrous scrap procuring. In 5 months procurement totaled 1.51 million tons. “Since early March ArcelorMittal Kirviy Rih has been excluded from scarp procurement list. That’s some 30-40 thousand tons per month”, the UAVtormet association president and Keramet CEO Vladimir Bubley said. According to him, scrap procurement has also…Details
Prime Minister Mukhammdekaliy Abylgaziev has ordered to find the investor to extract gold from Makmal tailings. The mine was commissioned in 1986. The enterprise used to employ 3 thousand people and yield 250 kg of gold per month. This year the government reported of the complete thinning of the resources. Investors can be offered the…Details
Polyus intends to put the Sukhoi Log gold deposits in Irkutsk region in operation by 2026. So far the company has bored 43 thousand running meters. The capacity of the factory is expected to be 30 million tons of ore per year. Extraction share will reach 88-90%. Average annual output will be 1.6 million ounces…Details
The Moscow Coke-Gas Works has begun the final stage of the gasholder construction to regulate gas pressure in the gas system of the company. The total amount of investments is 114 million rubles. This is the first gasholder construction in Russia in the past 30 years. The gasholder is expected to be put into operation…Details
In May industrial prices in Ukraine grew by 0.8% YoY after a zero growth in April, an increase of 0.3% in March, 1.2% in February and 4.4% in January. According to the State Statistics Service, coal became 4.3% more expensive, while coke – 3.6%. Since the beginning of the year industrial prices have grown by…Details