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The Irkutsk region development corporation has signed an agreement with Usolye Iron and Steel Works to construct a light section plant. The enterprise will process scrap and produce rebars. The capacity of the plant is intended to be 100 thousand tons per year. 219 jobs will be created. Investments will total 3.9 billion rubles, and…
DetailsKandalaksha Sea Trade Port keeps increasing coal throughput. Since the beginning of the year the port has exported over 1 million tons of coal, up 3-fold YoY. This year the port has serviced 38 vessels and over 14 thousand open wagons. (Ukrainian metal)
DetailsIn January-August Khabarovsk Krai yielded 14.9 tons of gold, up by 20.1% YoY. In particular, 11.8 tons of ore gold and 3.1 tons of alluvial gold. Silver output increased by 46%, to 40.4 tons. In January-August 2016 the region yielded 12.4 tons of gold and 27.7 tons of silver. This year the region is to…
DetailsThe steel ropes of Beloretsk Iron and Steel Works have been used in the construction of the first serial nuclear-powered icebreaker the Sibir of the 22220 project. BMK has been cooperating with Baltiysky Shipbuilding Works for some 5 years. The company supplies steel rope of various diameters to the works, including with zinc coating. This…
DetailsMMK has once again entered the first ten of the Russian fuel-energy and metal industry environment ratings in H1 2017. The company occupied the 10th position among other 33 companies, thus retaining its results of the previous half year and being the only metal company to get to the top ten. Among MMK environment initiatives…
DetailsThe Trade Committee of South Korea has imposed antidumping duties on ferrosilicomanganese from Ukraine, India and Vietnam. The duty in the volume of 4.06-19.06% is set for 5 years. Since May 31 preliminary duties in the volume of 6.08-32.32% have been in effect in South Korea. According to the Committee, in 2015 the country consumed…
DetailsIn H1 2017 Ferrexpo increased investments into Poltava, Yeristovo and Belanovsky Mining and Processing Works by 58.4% YoY, to 1.15 billion UAH. In particular, PGOK received 762.3 million UAH, Yeristovo GOK – 356.7 million UAH, and Belanovsky GOK – 26.4 million UAH. This year Ferrexpo intends to invest some $100 million more into its GOKs.…
DetailsBelarus plans to set up one more industrial steel making plant, Belarus’ Vice Premier Vladimir Semashko said. According to the vice premier, the Belarus Iron and Steel Works started producing wire-rod mill in 2015. “With this line in operation, we have covered 60% of the needs of the domestic mechanical engineering sector. We satisfy the…
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