Prime Minister Bakytzhan was presented a project for the construction of Altyn Ex mining and metallurgical plant in Altyndy. The company is currently developing the Yubileynoye field, one of the largest deposits of gold-bearing ores in the country. Also, according to the founder of the enterprise the construction of the plant will increase productivity, and…Details
The second stage of a $2.6-billion Boguchany aluminum smelter will be launched until April 2019, CEO of the plant shareholder RUSAL Vladislav Solovyov declared on July 13. “We will launch the second stage of the Boguchany aluminum smelter at the start of next year. The amount of production is 148,000 tons. The date of the…Details
The Belarusian steel mill BMZ continues exporting merchandise to the USA and the volume of export remains stable, Ivan Demidov, Head of BMZ’s Planning and Economic Analysis Office, declared. “As a result of negotiations with our clients in the USA the market for the staple products – seamless pipes and high pressure wire – remains…Details
The Belarusian steel mill BMZ increased the export of its products by over 30% YoY in January-June, Ivan Demidov, Head of BMZ’s Planning and Economic Analysis Office, reported. In H1 BMZ exported 957,000 tons of merchandise worth $611.7 million or 131.5% as against H1 2017. The profitability of sales reached 9.6%. The stock in storage…Details
The Belarusian steel mill BMZ does not intend to arrange an IPO or float eurobonds in the near future, Ivan Demidov, Head of BMZ’s Planning and Economic Analysis Office, declared. The executive specified: “We consider arranging an IPO in the more distant future and have no intention to do it any time soon.” The company…Details
In the next three years Dneprovsky Iron and Steel Works will be carrying out a modernization program. “In March the company got a new owner. Until that time and since 2008 it was owned by Evraz. In March we received a new owner – DCH Investment Management”, the company commercial director Denis Frolov said. The…Details
As of July 1, the gold-extracting company Zolotinka LLC has extracted 42 kg of gold in Amur region, down by 29% YoY. According to the regional ministry of natural resources, as of July 1, 2017 the gold output amounted to 59.1 kg. The company is extracting alluvial gold at two sites: in the Ostrovnaya River…Details
The Vostsibugol Company LLC intends to invest 1 billion rubles in the development of the Southeastern part of the South block of the Quarry field No. 1 of the Mugunskoye deposits in Irkutsk region. The mining is expected to begin in 2020. In 2021 the planned annual capacity of 2.5 million tons will be reached.…Details
The Primorye region stops exporting ferrous scrap and wastes through the seaports of Nakhodka and Vostochniy.
The new rules come into effect on July 22.
The scrap export limitation will be valid for 5 months.
So far this year Nakhodka customs has approved 95.5 thousand tons of scrap for exports. (Ukrainian metal)
In September the Aluminum Works in the city of Volgograd will resume primary aluminum manufacture, suspended 5 years ago. Autumn will also see the commissioning of the baked anode factory. The cost of each project is some 8 billion rubles. The electrolysis manufacture at the works was suspended in August 2013 by Rusal because of…Details
The expert council of the Industry Development Fund has approved of 5 loans for projects in Samara, Kirov, Bryansk and Krasnodar regions. The total cost of the projects exceeds 1.1 billion rubles, with IDF providing over 675 million rubles. In particular, Unecha Works of Refractory Metals (Bryansk region) will be provided with the loan of…Details
Severstal Steel Decisions has resumed supplies of metal structures for the closed theme zone of the Dream Isle amusement park in Moscow.
As of June, the company has produced and shipped 2.268 thousand tons of metal structures, made of Cherepovets Iron and Steel Works steel.
Assembly of the metal structures started in March. (Ukrainian metal)
Kirov Non-Ferrous Metals Processing Works has finished the main stage of its capacity modernization. The company is commissioning three machines with the combined cost of 1.4 billion rubles: a cold-rolling mill, modernized transfer tables of the hot-rolling mill and the Salico slitting and shearing line. The Kvarto-450 cold-rolling mill modernization was the most expensive. The…Details
Chelyabinsk Iron and Steel Works has been visited by the participants of the First Conference on Industrial and Scientific Cooperation between the Chelyabinsk region and the Chinese province of Heilongjiang. The goal of the visit was to get acquainted with the operation of the rail-beam mill. In May the works produced a trial batch of…Details
MMK has assembled a new air-separation machine valued at 4.2 billion rubles in the oxygen shop No. 5. The machine can produce 35 thousand cubic meters of industrial oxygen and 30 thousand cubic meters of pure nitrogen, as well as some 1 thousand cubic meters of argon. The new machine will be able to save…Details
Evraz Kachkanarsky Mining and Processing Works has shipped the 150-millionth ton of sinter to the blast furnace shop of Evraz NTMK. This sinter has improved metallurgical qualities. Iron contents reach 57%, and vanadium pentoxide – 0.55%. The sinter shop produces over 3.5 million tons of sinter per year. It operates 2 sintering machines. Evraz NTMK…Details
During the construction of a mine in Lviv region, the prosecutors have uncovered embezzlement of funds.
The Chervonograd prosecutor’s office has found out that during the mine construction, the volume of the works was illegally increased by 400 thousand UAH.
The mine belongs to the state enterprise Volynugol. (Ukrainian metal)
In June under the contract with ArcelorMittal, Energomashspetsstal shipped several batches of rolls to the enterprises. The total volume reached 400 tons. The working and supporting rolls of the EMSS brand will be used in cold- and hot-rolling mills. In particular, for ArcelorMittal Temirtau EMSS shipped 116 tons of supporting rolls. 200 tons were supplied…Details
In May, according to the customs statistics, Russia imported 91.9 thousand tons of bars and sections from Ukraine, up 1.8-fold YoY.
In January-May imports totaled 485.6 thousand tons, up 2-fold YoY.
This also represents some 75% of the total Russian imports of bars and sections. (Ukrainian metal)
In June, according to the railroad statistics, Evraz ZSMK received 176.3 thousand tons of scrap, down by 3.9% YoY.
In 6 months scrap deliveries reached 597.7 thousand tons, down by 16.3% YoY.
The company occupies the fourth place in the industry on scrap deliveries via railroad. (Ukrainian metal)
In January-June Zagorsky Pipe Works sold 199982 tons of pipes, up 5.5-fold YoY.
June accounted for the sale of 50 thousand tons of pipes.
Gazprom was the main customer.
The company has also mastered the manufacture of pipes with the wall thickness of 32 mm. (Ukrainian metal)
The Taborniy Mine in the Republic of Sakha (Yakutia) has set a new record of gold output. In June it produced 395 kg of gold, the highest result in its history. Since January the mine has extracted 3600 thousand tons of ore, up by 30% from the target. The previous record was set in June…Details
Evraz NTMK plans to increase capacities to manufacture products for the construction market. According to the company managing director Alexei Kushnarev, the works is mastering the manufacture of 18 new sections. The company will be able to produce beams and sheet piles for the construction sphere. Evraz NTMK has already provided 8 thousand tons of…Details
Uralelectromed has commissioned the first stage of the steel structure manufacture with the capacity of 6 thousand tons per year. This will allow supplying metal structures to the UGMK enterprises and get an important place on this market in the Urals region. 300 tons of metal structures have already been produced. The new manufacturing site…Details