RUSAL announces the launch of its bespoke new low-carbon aluminum brand, ALLOW, which features a significantly lower carbon footprint – specific volume of greenhouse gas emissions – as compared to the industry average. As demand amongst consumers grows for more sustainable and environmentally friendly aluminum, RUSAL has seized on the opportunity to utilize its unique…Details
The Economic Court of Dnipropetrovsk region has decided to liquidate PJSC Nikopol Pipe Plant (Dnipropetrovsk region) during the year. According to the company’s official information, the court made the relevant decision on November 2. The term of the liquidation procedure is 12 months. In addition, it is reported that the value of the company’s net…Details
Vostochniy Mining and Processing Works has ordered the Eco-Service Trading House LLC the delivery of sulfur valued at 29.19 million UAH. This year the company will supply 7300 tons of granulated technical sulfur with the contents of the main material of 99.98% at 3999 UAH per ton. The payment will be carried out within half…Details
The miners of Rodinskaya mine (the state enterprise Mirnogradugol) refuse to return to the surface because of the 3-month salary debt. “14 miners remain underground demanding salary payment for 3 months. They threaten to go on a hunger strike”, Mikhail Volynets, chairman of the Independent Miners Union of Ukraine, wrote on his Facebook page. According…Details
Export of Russian coal in January-October increased by 13.7% YoY, to nearly 155,3 million tons, the Ministry of Energy said.
The commodity exports volume in October reached 16,458,000 tons.
Coal mining in January-October amounted to 336,2 million tons, of which 292,2 million tons were shipped. (PortNews/Ukrainian metal)
Belarus and Venezuela will be able to achieve the goals they set forth and strengthen the relations of cooperation and friendship, Belarus Industry Minister Vitaly Vovk said at the meeting with Venezuelan Minister for Basic, Strategic and Socialist Industries Juan Arias. The parties discussed bilateral cooperation, especially in iron and steel manufacturing. According to Vitaly…Details
Shubarcoal Komir has successfully passed the repeated certification audits according to ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2007, having confirmed its correspondence to world standards.
The audits have been carried out by TUV International Certificated and Intercertifica-TUV LLC. (Ukrainian metal)
Russian Ugol is increasing the output of high-quality power-generating coal. For this the company has started modernizing the processing factory at the Stepnoy pit in Khakassia. The project will increase the factory capacity by 1 million tons of coal per year. The factory was commissioned in 2011. Now it employs over 200 people. It processes…Details
The Beloretsk Iron and Steel Works project to produce multi-strand steel ropes has been included in the list of priority investment projects of the Republic of Bashkortostan. This will let the company receive the additional state support as tax duties and other preferences. The project, being carried out since 2016, will allow the company to…Details
The Donelectrostal Electrometallurgical Works intends to start producing rebars in Q4 2018. And its own steel-smelting manufacture project will begin in 2019. The mini-mill will specialize in the manufacture of hot-rolled rebars. The project capacity of the first stage is 160 thousand tons a year, with the possible increase to 250 thousand tons. The company…Details
The Severstal-Metiz shaped sections shop has put into operation after a major overhaul its 2 thousand-tons press. Investments totaled 94.9 million rubles. The reconstruction has been carried out in 2 stages. In 2013 the electric part of the machine was modernized, decreasing energy consumption and dross creation. During the second stage in 2017 the hydraulic…Details
In January-October Belarus Iron and Steel Works received $969 million.
According to the company statement, innovative products account for some 25% of the volume, with the major part of it produced at bars shop No. 2.
In particular, the company is producing rods for world automobile manufacturers Daimler, Volkswagen, BMW, MAN, etc. (Ukrainian metal)
In January-October Mariupol Ilyich Iron and Steel Works produced 2.286 million tons of rolled metal, up by 9% YoY. According to the company statement, steel manufacture increased by 9.7%, to 2.548 million tons, and that of pig iron – by 5.6%, to 3.335 million tons. In October Mariupol Ilyich produced 244 thousand tons of rolled…Details
In Q3 Metinvest produced 1.276 million tons of coke, up by 11% YoY. The increase has to do with the growth of Avdiivka Coke and Chemical Works output by 155 thousand tons, which has compensated for the decrease at Azovstal and Zaporozhkoks by 19 and by 14 thousand tons respectively. In 9 months coke output…Details
In January-September Raspadskaya enterprises mined 8.559 million tons of coal, up by 17% YoY. According to the company statement, in Q3 coal output dropped by 15% YoY, to 2.602 million tons. Sales increased by 4%, to 1.739 million tons, mostly thanks to exports (by 6%), including due to the growth of delivery to Ukraine. (Ukrainian…Details
The Tominskiy Processing Plant (Chelyabinsk region) has launched the construction of the main building of a plant and other production and auxiliary facilities. When completed, the plant will comprise 17 permanent buildings and facilities. The Tominskiy Processing Plant has received all the necessary construction permits for the enrichment plant facilities and related infrastructure. Excavation work…Details
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, presented its new ten-year strategy to 2027 and an update on performance at its 5th annual Capital Markets Day in London. The new strategy will reinforce TMK’s position as a leading supplier to the global OCTG market, the…Details
In Q3 Metinvest produced 1.347 million tons of rolled metal, down by 4% QoQ. In particular, flat rolled metal output dropped by 72 thousand tons, to 1.12 million tons. Long rolled metal manufacture increased by 14 thousand tons, to 175 thousand tons. Rails production increased slightly to 8 thousand tons. In 9 months rolled metal…Details
In Q3 Metinvest produced 2.026 million tons of pig iron, on the level of July-September 2016. The drop of output at Azovstal (by 77 thousand tons) was compensated for by the increase at Mariupol Ilyich Iron and Steel Works (by 78 thousand tons). In particular, Azovstal produced 868 thousand tons of pig iron, down by…Details
In Q3 Metinvest produced 1.802 million tons of steel, down by 3% YoY. In January-September the group produced 5.725 million tons of steel, down by 10% YoY. In particular, Azovstal in Q3 decreased steel output by 8% QoQ, to 1 million tons, while Mariupol Ilyich Iron and Steel Works was able to increase output by…Details
Energomashspetsstal has produced a large batch of rolls for ABB. According to the company statement, products were supplied to ABB enterprises in Finland and Poland. The total weight of the batch is 154.55 tons. The rolls will be used in the manufacture of electric engines. In 2016 EMSS received 1.49 billion UAH of net loss,…Details
The license for the development of Bozymchak, the country’s largest copper-gold deposit, was renewed, the press secretary of KAZ Minerals Bozymchak LLC Elena Tregubova informed. Earlier, the company received a notice on suspending the license for three months with reference to Article 27 of the Law of the Kyrgyz Republic On Subsoil. Ulanbek Ryskulov, Chairman…Details
Russian steelmaker Severstal may invest up to $15 million in the Yakovlevsky mine in 2018, and will present a business plan for the asset by May 2018, CEO Alexander Shevelev said on November 2. “Next year investment will amount to up to $15 million,” he said. The company acquired full control over the mine two…Details
Russian metals and mining group Mechel will export up to 300,000 tons of coal per year to Japan’s Itochu Corporation under a long-term contract, the company said in a statement on November 2. “We have been shipping coal to Itochu Corporation only under spot contracts for the past two years, and the signing of a…Details
The Prosecutor General’s Office of Ukraine has returned to the U.S.-based Avellana Gold international mining company the previously withdrawn special permit for the development of Muzhievo polymetallic ore deposit in Zakarpattia, the west of Ukraine, as well as confidential geological information about the field, according to the company’s press service. “The General Prosecutor Office has…Details
Russian gold producer GV Gold has bought back 5.26% of its shares from the European Bank for Reconstruction and Development (EBRD) early, the company said on November 2. GV Gold’s unit Sakha Gold Mining acted as the buyer. The final payment amounted to $39 million, while the total payment stood at $62 million. Under the…Details