This year Severstal intends to spend 73.4 billion rules on the development of Cherepovets Iron and Steel Works and other Russian Steel manufacturing assets. “The investment program will cover the entire technological chain of Cherepovets Iron and Steel Works. As in 2019, some 41% of investments, or 29.8 billion rubles, will be spent on the…Details
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In December 2019, Russia exported 6.5 thousand tons of ferromanganese, up by 1% MoM and by 16% YoY. Deliveries to US dropped to 4 thousand tons from 4.9 thousand tons in November 2019. Exports to Ukraine grew from 1.2 thousand tons to 1.7 thousand tons, and to Kazakhstan – by 63%, to 355 tons. In…Details
Since the launch of “Steel Route – a tour of MMK” in October 2018, over 10,000 people have visited the production site at Magnitogorsk Iron and Steel Works (MMK). Actually, MMK had been open to guests long before the launch of the program. The production site of one of the country’s largest steel producers had…Details
The Russian tycoon Roman Trotsenko plans to produce gold and is interested in assets with reserves of at least 50 tons of gold. “We are not interested in small projects with reserves of less than 50 tons. Composition of ores is not important for us, we are ready to work with refractory ores, with sulfide…Details
Druza LLC intends to launch operation of the Egitinskiy Mining and Processing Works in April. The GOK is situated at the fluorite deposit of the same name in the Republic of Buryatia. The launch has been postponed from 2019 due to the need of adjusting the design documentation. The GOK is expected to reach its…Details
In January, Yuzhniy Kuzbass extracted over 1 million tons of coal, up almost 2-fold YoY. Excavation works grew by 67%, coal processing – by 18% and sales – by 41%. “The program to modernize mining and transportation machinery as well as active cooperation with contractors allow us retaining our high manufacturing indexes. In Q4 2019…Details
In January, Rusolovo increased tin manufacture by 5.9% YoY, to 188.3 tons of concentrate. The company is developing the Pravourminskoye and the Festivalnoye deposits in Khabarovsk region. In January 2019, the output totaled 177.8 tons of tin concentrate. (Ukrainian metal)Details
The Koksoviy Site, a part of PMH, has been allowed to commission a new railroad at the Vostochnaya station. The company has financed the construction of two railroads with the combined length of 2513 meters. Each railroad can service at least 70 railroad cars. In addition to railroad the company has also constructed the entire…Details
In 2019 the level of impact of the Vyksa Iron and Steel Works on the city air decreased more than by 46%. This was due to the shutdown of the outdated open-hearth shop and some environment protection measures. In particular, the company has replaced filtering elements and modernized its dust exhaust equipment. In the past…Details
In January, Krivoy Rog Iron Ore Industrial Complex decreased ore output by 13.3% YoY, to 320 thousand tons. In December 2019 the enterprise extracted 370 thousand tons of ore. Last year the company decrease iron ore output by 4% YoY, to 4.4 million tons. (Ukrainian metal)Details
On February 14, Energomashspetsstal shipped another large batch of parts for the Kudankulam Nuclear Power Plant in India and Tyanwan in China. The batch comprised 4 bulk shells for reactor body and steam generator. The combined weight totaled 218 tons. At present the company is working on billets for Tyanwan, Akkuyu and Kudankulam NPPs. (Ukrainian…Details
Beloretsk Iron and Steel Works has supplied steel ropes to Poland to a new customer – a mining company. BMK shipped some 30 tons of 6-strand galvanized ropes with the diameter of 40 mm used in mine elevators. “The foreign customer was also interested in our ropes with polymer coating. This is a quality alternative…Details
According to the Ministry of Natural Resources and Ecology of Magadan region, in January gold output totaled 2282.4 kg, up by 82.5 kg YoY. Tenkinskiy city district yielded 1709.9 kg of ore gold. Omsuchanskiy district was the main silver extractor with 50.6 tons. Last year, gold output in the region totaled 46.36 tons, up by…Details