Neryungri-Metallik, a part of Nordgold, has laid the foundation for the gold-extracting factory at the Gross mine. The largest Nordgold project in Russia will be commissioned in mid-2018. The development of Gross began in Q4 2015. The mine is expected to yield some 12 million tons of ore and produce around 7 tons of gold…Details
Stoylensky Mining and Processing Works has purchased 3 new 136-ton BelAZ dump trucks for the transportation of rock in the quarry. With these new trucks the company fleet now consists of 35 machines, enough for operation in 2018. The truck body is strengthened from inside with Quard steel sheets. Such a protection increases the body…Details
The city of Izhevsk entrepreneur Alexei Isupov and the Industrial and investment complex Vector (Crimea, annexed by Russia) have signed an agreement to create the Izhevsk foundry works Vector. The new company will process aluminum for Crimea. Investments will total 70 million rubles. 50 jobs will be created. The Izhevsk party will prepare the manufacturing…Details
In January-September KAZ Minerals produced 193.3 thousand tons of raw copper (98.6 thousand tons in 9 months of 2016). In Q3 copper output increased by 14 QoQ, to 75 thousand tons, mostly because of the production growth at Aktagan. The annual copper output target was thus increased from 235-260 thousand tons to 250-270 thousand tons.…Details
Avdiivka Coke and Chemical Works has begun the capital repair of the sulfur acid mill in the desulfurization shop No. 2. According to the company statement, this will make the manufacturing process environmentally cleaner and allow increasing product quality and output. Investments in the reconstruction will amount to 31 million UAH. The Haldor Topose machine…Details
The Ministry of Trade of the USA has published the first results of its antidumping investigation into the imports of carbon and alloyed steel wire rod originating from Ukraine, UK, Italy, Spain, Turkey, South Korea and South Africa. In particular, the investigation confirmed the sale of wire rod at lower prices and the size of…Details
Uralelectromed increased copper powder wares with silver coating by 15% YoY in January-September. By the end of the year the company intends to have produced 70 tons of such powders. According to the marketing department director Andrei Senkov, output increase is the result of the favorable local market situation (as the company mostly sells locally)…Details
Evraz ZSMK has finished reconstructing its electric arc furnace. Investments totaled 300 million rubles.
The reconstruction will decrease manufacturing expenses, while improving productivity.
Time to produce steel will also decrease, and the output will go up by 100 thousand tons, to 931 thousand tons per year. (Ukrainian metal)
MMK has smelted the 800-millionth ton of steel, a record hit for all the country. The first steel was smelted on July 8, 1933 with the commissioning of the first open-hearth furnace. In 1936 the construction of the open-hearth shop with 12 furnaces weighing 150 tons each was completed. By the end of 1980-s MMK…Details
In January-August Ferrexpo exported 6.541 million tons of iron ore pellets. In particular, Poltava GOK exported 5.239 million tons of pellets. At the same time Karelsky Okatysh exported 3.388 million tons of pellets, Mikhailovsky GOK – 2.342 million tons, Lebedinsky GOK (all three – Russia) – 1.54 million tons, and SevGOK – 1.597 million tons.…Details
The net profit of Chelyabinsk Zinc Works, Russia’s largest zinc producer, increased by 24.4% YoY, to 3.854 billion rubles under Russian Accounting Standards (RAS) in January- September, it said in a statement on October 26. Revenue rose by 29.5%, to 21.538 billion rubles, gross profit grew by 16%, to 6.053 billion rubles; income from sales…Details
The right to explore Malatash gold deposit in Aksy district of Jalal-Abad region is put up for auction, the State Committee of Industry, Energy and Subsoil Use reported. According to it, exploration and appraisal work was carried out at Malatash deposit and adjacent area in 1974-1977. Estimated reserves and forecast resources amount to 7,866.5 kilograms.…Details
In January-September Donetsk region industrial output decreased by 12.4% YoY, while in September by 10.9% YoY and by 2.5% MoM. In September mining and quarrying output dropped by 7.7% YoY, including coal by 24.5%, metal output by 13.4%, coke – by 23.8%. In 9 months metal output decreased by 8.2% YoY, mining and quarrying by…Details
Energomashspetsstal has successfully passed the quality management system audit for the correspondence with the new ISO 9001:2015 requirements.
The audit has been carried out by TUV Thuringen.
The auditors have checked 16 manufacturing divisions at random.
Following the check TUV Thuringen recommended granting EMSS the international certificate of ISO 9001:2015 correspondence. (Ukrainian metal)
In September Russia exported 2.35 million tons of coal to China, up by 83% YoY. In 2016 China imported 18.93 million tons of coal from Russia, up by 18% YoY. In 2015 imports dropped by 60% YoY, to 15.78 million tons. 5 largest companies account for 78.8% of all the coal output (223.3 million tons).…Details
The State Property Fund of Ukraine intends to sell 68.01% of shares of Zaporozhye Aluminum Works in early 2018. ZALK is Ukraine’s only primary aluminum manufacturer. SUAL became the owner of the works in 2004. In 2007 Rusal took over the control. After long trials the court cancelled the sale-purchase agreements and returned 68.01% of…Details
Russia’s gross domestic product (GDP) growth, domestic demand recovery, higher steel prices and the stabilization in consumer confidence will help strengthen the country’s steel industry in 2017-2018, Moody’s said in a report on October 25. “We expect that steel demand in Russia will remain healthy on the back of the continuing GDP recovery, while average…Details
In January-September Kazakhmys produced 169.4 thousand tons of copper cathodes, up by 3.7% YoY.
Average copper contents in ore were 0.99%, up from 0.95% in January-September 2016 and by 8.1% from the target.
Factories processed 21.8 million tons of ore.
In 2016 Kazakhmys produced 225.657 thousand tons of ore, up by 2.5% YoY. (Ukrainian metal)
Steel consumption in Russia in 2017 will grow by 5-7% YoY, to 40 million tons, Severstal believes. According to the group corporate strategy director Anton Laptev, the main driver will be investments in the local GDP. At present their share is below 20%, but has to be at least 25%. Steel consumption was at its…Details
The state enterprise Mirnogradugol has ordered the Zakhystprom trade LLC the delivery of self-rescuers and regenerative charges valued at 27.1 million UAH. In particular the company has to supply 2500 self-rescuers and 1 thousand charges. According to the agreement, self-rescuers cost 9.5 thousand UAH apiece, and charges – 3.34 thousand UAH. At the same time…Details
The general manager of Nikolaev Alumina Works Dmitry Mirny has informed the employees of the change of the owner: the Swiss Glencore buys the plant from Rusal. “We expect a visit of Glencore specialists soon. According to our information, Rusal is negotiating retaining alumina supplies with Glencore”, he said. “All the rights of the employees…Details
In January-September Zagorsky Pipe Works shipped 83 thousand tons of large diameter pipes to its customers, with half of this volume supplied in Q3. Pipe sales in 9 months increased 5-fold YoY. In July the company shipped 7 thousand tons of pipes, in August – over 13 thousand and in September – more than 26…Details
Two gold deposits are put up for auction in Kyrgyzstan, the State Committee of Industry, Energy and Subsoil Use reported. Forecast resources of Kyzyl-Tash deposit in Jalal-Abad region of Ala-Buka district of P1 category are 3.2 tons with a gold content of 5.04 grams per ton. The starting price is $62,200. Ishakulidinskoye field in Jalal-Abad…Details
Electrocable has purchased a tensile-testing machine. The 1.5 million rubles machine tests metal wire (wire rod) and belts used to manufacture cables. It has replaced the tensile-testing machine, produced in 1960s. Unlike the old equipment the new machine is completely automated. “We test the tensile strength of wire rod by stretching it with the strength…Details
Chelyabinsk Iron and Steel Works has produced 7.5 thousand tons of rails for the repair of Belarus railroads. The products have been manufactured at the ChMK rail-and-beam mill and shipped for Belarus Railroads to the city of Orsha. Rails are produced of high-quality steel, manufactured at ChMK. The rail-and-beam mill was commissioned in 2013. (Ukrainian…Details
In July-September Orel Steel-Rolling Works shipped over 6.4 thousand tons of fasteners to customers. This is a total hit for the company. In the past 10 years OSPAZ only once exceeded the 6 thousand tons milestone – in Q3 2015 it supplied 6075 tons of fasteners. But this year the company has overcome its own…Details