Severstal has mastered the manufacture of polymer-coated rolled metal with the colored backside. Thanks to using protective colored enamel on the backside instead of the traditional grey, the cost of the final product becomes lower compared with the double-sided coating. Another novelty is the Steel Cashmere – GRS (glide rain slim). This is galvanized metal…Details
In January-June Vyksa Iron and Steel Works produced over 425 thousand tons of railroad wheels. The increase in the output is the result of the growing demand, including from the main customer – the Russian Railroads. “The works capacities allow quickly reacting to the changes on the market. Thanks to the efficiency of the manufacture…Details
In January-June KAZ Minerals increased copper output by 18% YoY, to 139.6 thousand tons. The main driver of the growth was the higher processing at the Aktogay factory. In Q2 the company reached its design capacity. In H1 Bozshakol GOK produced 49.8 thousand tons of copper, Aktogay GOK – 60.5 thousand tons, and Bozumchak mine…Details
Prices for precious metals in Azerbaijan continue on July 26 the rise, which started on July 23, according to the data published by the Central Bank. The price of gold increased by 11,7725 manats, to 2093,6775 manats per ounce on July 26, compared to the price on July 25. The price of silver increased by…Details
Steel production of the U.K.-based mining giant Evraz, which operates mainly in Russia, shrank by 2.3% YoY, to 6.832 million tons in January-June, the company said in a statement on July 26. Cast iron production fell by 7.7%, to 5.252 million tons in the period. In April-June the company’s steel output fell by 3.9% QoQ,…Details
In January-May Belarus increased metal output by 9.3% YoY, to Br2.9 billion. Metal products accounted for 6% in the overall industrial output. Belarus exports metal to Russia, Lithuania, Germany, the Netherlands, Poland, and Ukraine. In 5 months $920.6 million worth of metal were exported, or 7.1% of the total exports. The metal industry is represented…Details
Stoilensky Mining and Processing Works will optimize the delivery of the ore from the quarry to the processing factory.
In particular, the company will build infrastructure to decrease the railroad route by 5 km.
The new railroad will be commissioned in 2020. (Ukrainian metal)
Russian Copper Company has finished modernization of the copper wire rod manufacture at the Kyshtym Electrolytic Copper Plant. Within the project a casting machine has been replaced, and a new Southwire breaking-down rolling mill has been assembled, as well as auxiliary equipment. The project allowed increasing the copper wire rod line capacity from 13 tons…Details
Beloretsk Iron and Steel Works has implemented the electronic workflow with its customers. The system has proved efficient in the tests with RZhD Trading House. The electronic workflow decreases time to deliver documents and expenses on posting and paper, as well as speeds up operation. So far the electronic workflow has been implemented with a…Details
Krasniy Octyabr Iron and Steel Works is constructing a new Danieli dry gas cleaning system. The construction is carried out according to the schedule. The first stage of the foundation pit creation has been complete. The concrete works have been performed in 23 hours, with 605 cubic meters of concrete laid. The next stage is…Details
In January-June Karelsky Okatysh produced almost 5.6 million tons of pellets. In Q2 pellets output grew by 31% QoQ, to 3.12 million tons. “The first half-year was finished with very good results. We not only meet our business plan, but also work better than last year. At the same time, we had to move the…Details
OEMK, a part of Metalloinvest, has opened a warehouse for the storage and shipment of finished products. This will enable OEMK to increase production of rolled steel products, including high quality rolled steel (SBQ), by 60,000 tons per year. The company invested approximately 320 million rubles in the construction of the warehouse. The building consists…Details
Several dozens of Krivoy Rog citizens went on a strike at the city council building. The people protested against the construction of the mineral fertilizers processing shop on the territory of the Krivoy Rog Central Ore Repairing Works, a part of Metinvest. They believe the new chemical manufacture will affect the city ecology and the…Details
In January-June Zaporozhye Aluminum Works increased its net profit 71.7% YoY, to 390.898 million UAH.
The uncovered losses as of the late June totaled 6.619 billion UAH.
In H1 the works did not produce anything.
In 2017 ZALK decreased net losses 2.9-fold YoY, to 279.486 million UAH. (Ukrainian metal)
Prices of precious metals rose in price on July 25, according to the data published by the Central Bank. The price of gold increased by 9,3415 manats, to 2081,905 manats per ounce on July 25, compared to the price on July 24. The price of silver increased by 0,1892 manats, to 26,2956 manats per ounce.…Details
The president of Uzbekistan Shavkat Mirziyoeyev has increased the subsoil use tax when mining for non-ferrous and precious metals on average 5-fold. The corresponding announcement has been published on the site of the National legislation database. The copper mining tax grew from 8.1% to 30%, metallic zinc – from 4% to 20%, gold from 5%…Details
The Corporation of the Far East Development received 24 offers on investment cooperation in the free port of Vladivostok. Three of them were submitted by the potential residents of the Chukotka Autonomous District. In particular, the Ugolnaya Mine intends to purchase new equipment, machinery and spare parts, thus improving the coal mining capacity at the…Details
In January-June the Republic of Yakutia increased gold output by 16% YoY, to 8055.26 kg.
Moreover, the output is 3.5% above the half-year target.
This year Yakutia intends to obtain 25 tons of gold. (Ukrainian metal)
An accident happened at Yuzhniy Mining and Processing Works on July 24.
A truck driver was injured while replacing wheels. He got his nose, jaw and hand damaged.
A special commission has been created to investigate the accident. (Ukrainian metal)
Vostochniy Mining and Processing Works and Sumykhimprom cannot satisfy the real demand of the mining and metallurgical companies in sulfuric acid. According to the letter of Ksenia Lyapina, chairwoman of the State Regulatory Service, to the prime minister Vladimir Groysman and the first vice minister Stepan Kubiv, the shortage of the sulfuric acid on the…Details
Kamensk-Uralsky Iron and Steel Works has put into operation the roughing stand of the new hot-rolling mill. Now the company is able to produce plates with the thickness of 10-210 mm, width of 3 meters and the length of 32 meters. The stand has been commissioned under the rolling complex project with the capacity of…Details
Since the start of the washing season Omega LLC has extracted 250 kg of alluvial gold. The company is operating in the Republic of Sakha (Yakutia). This year the company is working at three sites, but the main amount of gold was obtained at the Lazo deposits. In 2018 Omega intends to extract 300 kg…Details
Komsomolskaya mine of Vorkutaugol has put into operation a new long face 612 with the reserves of 821 thousand tons of coal.
The length of the face is 300 meters, and the width – 2.2 meters.
The long face will be developed until April 2019. (Ukrainian metal)
This year Ural Mining-Metallurgical Company intends to improve output.
In particular, it expects to produce 390-400 thousand tons of cathode copper. In H1 the company produced 190-200 thousand tons.
Zinc output is forecast on the level of 280 thousand tons, ferrous metals – 1 million tons, and coal – 45-46 million tons. (Ukrainian metal)