Taganrog Iron and Steel Works has been granted tax exemptions for almost 200 million rubles from the Rostov region till 2019. For the past 10 years Tagmet has invested over 32 billion rubles in its technical revamping, which has made it one of the major seamless pipe manufacturers in the world. The company has orders…Details
So far this year the Niman artel LLC has obtained 98 kg of gold, up by 6 kg YoY.
Niman washes for alluvial gold in the Verkhebureinsky district of Khabarovsk krai. The industrial season started in early May. In the first month of operation the company washed 20 kg of gold. (Ukrainian metal)
Severstal will supply 1300 tons of hot-rolled sheet of various grades to Uralmash NGO Holding LLC to produce drilling rigs.
The sheets will be delivered by Severstal Distribution directly from Cherepovets Iron and Steel Works. (Ukrainian metal)
In 2017 Ural Mining and Metallurgical Company plans to produce 280 thousand tons of zinc, up by 8-10% YOY.
Cathode copper output is expected to reach 360 thousand tons. (Ukrainian metal)
According to TMK-Premium-Service CEO Sergey Rekin, new difficulties in hydrocarbons extraction make it necessary to invent new approaches to products used in construction and development of oil and gas shafts.
That is why TMK is aiming at producing such pipes that meet all the requirements and have improved parameters. (Ukrainian metal)
All the mines in Volyn region might be operated by one newly created enterprise. The idea was voiced by the regional state administration chairman Vladimir Gunchik. “The changes are necessary, as at present the mines simply eat up state money. All the accounting and bookkeeping should be united into one and construction of mine No.…Details
Mednogorsk Copper-Sulfur Works, a part of UMMC, estimates its gold reserves at the Yelanskoye deposits in Voronezh region at 7.2 tons. Moreover, the deposits also hide 502.3 thousand tons of nickel, 58 thousand tons of copper, 15.3 thousand tons of cobalt, 2.9 tons of platinum and 3 tons of palladium. MMSK received the license to…Details
Russia’s state-owned Vnesheconombank (VEB) plans to approve restructuring of a $167 million metals and mining group Mechel’s debt until the end of this month, CEO Sergei Gorkov said on July 10. “We believe that it (restructuring) will be probably approved by the end of the month,” he said. The company said earlier it had agreed…Details
The decree on the prolongation of the ferrous scrap export duty on 30 euro per ton for 2 years cannot be vetoed by the president of Ukraine, the member of the parliament, the chairman of the parliament committee on industrial policy and entrepreneurship Victor Galasyuk believes. “The term to sign or veto the decree given…Details
According to the railroad statistics, in June direct deliveries of ferrous metals to major ship-building and repair companies totaled 7.8 thousand tons, down by 35.5% MoM and by 56% YoY. In May the results were down by 15.5% MoM, but up by 2.2% YoY. In January-June Russian ship-building and repair companies received 66.6 thousand tons…Details
Asha Iron and Steel Works is assembling a new electric muffle furnace at its sheet-rolling shop No. 3. When the furnace is put into operation, the cycle of thermo-chemical processing of heat- and corrosion-resistant steel and alloys will be complete. The smelting chamber of the furnace has the width 750 mm, thrice that of the…Details
The Russian Copper Company intends to continue developing its metal manufacturing capacities. In particular, the group wants to increase output at Kyshtym Electrolysis Copper Plant. The group has found a way to increase copper cathodes and copper rolled wire output at KMEZ to 0.14 million tons per year each. The investment program will be carried…Details
ChTPZ Group and Siemens have concluded an agreement on strategic partnership for 5 years. The document has been signed by ChTPZ pipe division CEO Alexander Grubman and Siemens president Dietrich Moeller. The agreement presupposes joint realization of projects of industrial automatization and implementation of complex energy efficient solutions at ChTPZ. One of the main issues…Details
Evraz NTMK has signed an agreement on cooperation with Nippon Steel (Japan) and Mashprom. The document presupposes development of by-product coke manufacture at the Nizhniy Tagil works. The agreement has been signed by Evraz NTMK and Evraz KGOK managing director Alexei Kushnarev, Mashprom managing director Alexander Kotelnikov and Nippon Steel European representative office in Dusseldorf…Details
According to Canadian Border Service, the country has imposed antidumping duties of 135.3% on the import of silicon steel from Kazakhstan.
The same duty has been applied to the steel from Brazil, Malaysia, Norway and Thailand. Moreover, exporters from these countries received duties for subsidizing in the volume of 23.5%. (Ukrainian metal)
In late June Donetskstal stopped all labor relations with the employees of its “Metallurgical complex” subsidiary in Donetsk because of its shut down. Earlier the decision to fire personnel has been taken by Donetsk Iron and Steel Works, also a part of Donetskstal. These decisions have been motivated by the “actions of unidentified persons”, resulting…Details
Dneprovsky Iron and Steel Combine has started restoring operation after a 3-months idleness. According to the company statement, the works has already restored the supplies of all kinds of energy resources, including electric energy and gas. Soon the first trains with raw materials will start arriving. The blast furnace No. 1 will be put into…Details
The president of Ukraine Petr Poroshenko has vetoed the bill No. 6382 “On changes to the Decree of Ukraine “On changes to some decrees of Ukraine as to the decrease of the ferrous metals scrap deficiency on the local market”. The bill has been returned with the president’s marks. Earlier the Verkhovnaya Rada decided to…Details
Alexander Podkorytov, ex-CEO of Yenakievo Iron and Steel Works, a part of Metinvest, has been appointed the CEO of Dneprovsky Iron and Steel Combine, a part of the Industrial Union of Donbass. On July 7 the new CEO was presented to the employees by one of ISD owners Sergey Taruta and the corporation executive director…Details
In January-June Amur region obtained 11126 kg of gold, up by 22.6% YoY, including 9269 kg of ore gold and 1857 kg of alluvial gold. In H1 2016 the region yielded 9004 kg of gold, namely 7322 kg of ore and 1682 kg of alluvial gold. The main increase in output is on behalf of…Details
Karelsky Okatysh has started reconstruction of its dry magnetic separation complex – new machinery with higher capacity will be installed there. The new complex will be situated at the Zapadny quarry of the Korpangskoye deposits. Its project capacity will be 6 million tons of ore per year, up almost 2-fold from the existing machinery. The…Details
In January-June railroad transportation of non-ferrous metals to and from the seaports decreased by 2.3% YoY, to 1.93 million tons. In particular, according to the Russian Railroads, exports totaled 1.88 million tons, down by 3.8%, and imports – 53.53 thousand tons, up 2.2-fold. Railroad transportation of non-ferrous metals for exports to the port St. Petersburg…Details
An accident happened at the “Russia” mine of the state enterprise Selidovugol in Donetsk region, resulting in the death of a miner. “Another miner with medium damages has been transported to the Selidov city hospital”, the Donetsk regional military-civilian administration chairman Pavel Zhebrivsky wrote on his Facebook page. According to him the accident happened on…Details
Ukraine is negotiating deliveries of anthracite coal with XCOAL Energy&Resources. The company mines in West Virginia and Pensilvania, selling coal and anthracite mostly to metal enterprises. The company exports some 16 million tons of coal per year via two of its seaports. In June a delegation from Ukraine visited Pensilvania. There is no large contract…Details
On July 9 during a regular convoy delivering goods to the Kumtor mine, one of the tanks with fuel drove into the safety bench. Turning over, the tank moved off the technological route and found itself on a narrow canopy site where about 7 tons of diesel fuel had leaked. However, there was no leakage…Details
The methane blast at the Zapolyarny copper and nickel mine of Norilsk Nickel, which killed four miners, will not hurt production plans of the Polar Division of the company, Sergei Gradyushko, a deputy CEO for labor protection and security of the division, reported. “I think that after all the measures are completed, work will be…Details