In January-June Karelsky Okatysh produced almost 5.6 million tons of pellets. In Q2 pellets output grew by 31% QoQ, to 3.12 million tons. “The first half-year was finished with very good results. We not only meet our business plan, but also work better than last year. At the same time, we had to move the…Details
OEMK, a part of Metalloinvest, has opened a warehouse for the storage and shipment of finished products. This will enable OEMK to increase production of rolled steel products, including high quality rolled steel (SBQ), by 60,000 tons per year. The company invested approximately 320 million rubles in the construction of the warehouse. The building consists…Details
Several dozens of Krivoy Rog citizens went on a strike at the city council building. The people protested against the construction of the mineral fertilizers processing shop on the territory of the Krivoy Rog Central Ore Repairing Works, a part of Metinvest. They believe the new chemical manufacture will affect the city ecology and the…Details
In January-June Zaporozhye Aluminum Works increased its net profit 71.7% YoY, to 390.898 million UAH.
The uncovered losses as of the late June totaled 6.619 billion UAH.
In H1 the works did not produce anything.
In 2017 ZALK decreased net losses 2.9-fold YoY, to 279.486 million UAH. (Ukrainian metal)
Prices of precious metals rose in price on July 25, according to the data published by the Central Bank. The price of gold increased by 9,3415 manats, to 2081,905 manats per ounce on July 25, compared to the price on July 24. The price of silver increased by 0,1892 manats, to 26,2956 manats per ounce.…Details
The president of Uzbekistan Shavkat Mirziyoeyev has increased the subsoil use tax when mining for non-ferrous and precious metals on average 5-fold. The corresponding announcement has been published on the site of the National legislation database. The copper mining tax grew from 8.1% to 30%, metallic zinc – from 4% to 20%, gold from 5%…Details
The Corporation of the Far East Development received 24 offers on investment cooperation in the free port of Vladivostok. Three of them were submitted by the potential residents of the Chukotka Autonomous District. In particular, the Ugolnaya Mine intends to purchase new equipment, machinery and spare parts, thus improving the coal mining capacity at the…Details
In January-June the Republic of Yakutia increased gold output by 16% YoY, to 8055.26 kg.
Moreover, the output is 3.5% above the half-year target.
This year Yakutia intends to obtain 25 tons of gold. (Ukrainian metal)
An accident happened at Yuzhniy Mining and Processing Works on July 24.
A truck driver was injured while replacing wheels. He got his nose, jaw and hand damaged.
A special commission has been created to investigate the accident. (Ukrainian metal)
Vostochniy Mining and Processing Works and Sumykhimprom cannot satisfy the real demand of the mining and metallurgical companies in sulfuric acid. According to the letter of Ksenia Lyapina, chairwoman of the State Regulatory Service, to the prime minister Vladimir Groysman and the first vice minister Stepan Kubiv, the shortage of the sulfuric acid on the…Details
Kamensk-Uralsky Iron and Steel Works has put into operation the roughing stand of the new hot-rolling mill. Now the company is able to produce plates with the thickness of 10-210 mm, width of 3 meters and the length of 32 meters. The stand has been commissioned under the rolling complex project with the capacity of…Details
Since the start of the washing season Omega LLC has extracted 250 kg of alluvial gold. The company is operating in the Republic of Sakha (Yakutia). This year the company is working at three sites, but the main amount of gold was obtained at the Lazo deposits. In 2018 Omega intends to extract 300 kg…Details
Komsomolskaya mine of Vorkutaugol has put into operation a new long face 612 with the reserves of 821 thousand tons of coal.
The length of the face is 300 meters, and the width – 2.2 meters.
The long face will be developed until April 2019. (Ukrainian metal)
This year Ural Mining-Metallurgical Company intends to improve output.
In particular, it expects to produce 390-400 thousand tons of cathode copper. In H1 the company produced 190-200 thousand tons.
Zinc output is forecast on the level of 280 thousand tons, ferrous metals – 1 million tons, and coal – 45-46 million tons. (Ukrainian metal)
Pravormiyskoye enterprise will construct a mining and processing works on the territory of quick development in the free port of Vladivostok. The reserves of the deposits are estimated at 120-150 thousand tons of tin. When the enterprise reaches design capacity, it will be able to completely cover the domestic demand in tin. Tin Ore Company…Details
In January-June Russia produced 25.9 million tons of pig iron, up by 0.5% YoY. According to the Federal Service of State Statistics, in June output grew by 0.5% YoY and by 0.1% MoM. Rolled metal output increased by 2.8% YoY in 6 months, to 31 million tons. In June output dropped by 4.5% MoM, but…Details
Prices of precious metals in Azerbaijan varied on July 24, gold and silver fell in price, while platinum and palladium rose, according to the data published by the Central Bank. The price of gold decreased by 21,556 manats, to 2072,5635 manats per ounce on July 24, compared to the price on July 23. The price…Details
The mine named after Stashkov (DTEK Dneprovskoye Mine Group) has put into operation a new breakage face. This is the second long face prepared for operation this month. The reserves of the long face 5023 are over 250 thousand tons of coal. The long face will be in development till the end of the year.…Details
Energomashspetsstal has received a new order from Ilva SPA (Italy).
According to the agreement signed in February, EMSS will produce and deliver to Milan 3 supporting rolls for cold-rolling mills.
The total weight of the order is 84 tons.
The rolls have to be delivered in H1 2019. (Ukrainian metal)
In June Zagorsky Pipe Works sold 43.4 thousand tons of metal via railroad, up 20-fold YoY.
In January-June deliveries grew 8-fold, to 153.8 thousand tons.
All metal via railroad is sold to domestic customers only. (Ukrainian metal)
In June Amurmetal sold 49.5 thousand tons of metal, up 11-fold YoY.
In January-June sales reached 227.3 thousand tons, up 11-fold.
Russian customers received 80 thousand tons, while 147.6 thousand tons were exported. (Ukrainian metal)
In June, according to the railroad statistics, direct supplies of scrap to Amurmetal totaled 53.6 thousand tons.
This is almost 80-fold more YoY.
In January-June deliveries reached 223.4 thousand tons, up 5-fold YoY. (Ukrainian metal)
Since the start of the season Rise LLC, a gold-extracting company of the Magadan region, has obtained over 250 kg of the precious metal. The plan for this year is 700 kg of alluvial gold. Last year the company yielded 569.5 kg of gold. The company is operating at two sites – the Pravaya Vizualnaya…Details
The Vorkutinskaya mine was the first enterprise of the Vorkutaugol to have mined 1 million tons of coal this year. The mine has been constructed on the basis of the Kapitalnaya mine No. 1 and No. 40 and was commissioned in 1973. Now the mine is developing two long faces. Last year the mine yielded…Details