In July-August Ukrzaliznytisa concluded 27 agreements with Interpipe Ukraine LLC on the purchase of wheels valued at 254.48 million UAH. The cost of most agreements was less than EUR 133 thousand. Interpipe will supply 13547 wheels produced by Interpipe NTZ in 2017-2018 at 19080 UAH apiece. The value of the order is 0.5% below the…Details
The Velikomostovskaya mine of the state enterprise Lvivugol has exceeded its annual plan by 112.6%.
On September 10 the mine completed its annual plan on rock mining.
Since the start of the year the enterprise has mined 1550 meters of rock. (Ukrainian metal)
In January-August the Republic of Buryatia extracted 3482.8 kg of gold, down by 2% YoY. In particular, ore gold accounted for 2269.8 kg, on par with the previous year results. The republic has also obtained 1213 kg of alluvial gold, down by 5%. In January-July gold output totaled 2929.7 kg, up by 7% YoY. (Ukrainian…Details
Rushydro and Rusal have taken a pause in the construction of the Taishet Aluminum Plant because of the sanctions. Earlier the Rushydro CEO Nikolai Shulginov noted that the company deemed it necessary to review the initial conditions of participation in the project. Rusal began constructing the plant in Irkutsk region in 2006, but had to…Details
In January-August deliveries of steel products to construction companies (including imports) decreased by 7.8% YoY. Bars accounted for 43.6% of the total deliveries. The result dropped by 8% YoY. Shapes and sections accounted for 34%, down by 8%. The share of roofing steel, including galvanized, was 8.1%, down by 11.7%. The share of steel pipes…Details
In June-August direct deliveries of ferrous scrap to the major metal companies and pipe plants totaled 4.31 million tons.
According to the railroad statistics, this is up by 13.7% YoY.
At the same time it is down by 2.8%, up by 22.6% and by 12% compared to 2014, 2015 and 2016 respectively. (Ukrainian metal)
According to the statistics committee of the Ministry of National Economy, in August Kazakhstan produced 0.374 million tons of steel (0.367 million tons in July), down by 5.2% YoY. In January-August steel manufacture dropped by 0.5%, to 3.061 million tons. Flat rolled metal output grew by 7.1%, to 2.017 million tons, with 0.279 million tons…Details
Magnitogorsk Iron and Steel Works will take part in the Expert Group for the Development in Russia of Standards for the Implementation of Technology and Innovation. A unified methodology will increase demand for Russian technology and help boost Russian companies’ competitiveness. The standards will constitute recommendations on working with external innovations, along with other measures…Details
The prices of precious metals varied in Azerbaijan on September 12, according to the data published by the Central Bank. The price of gold decreased by 0.5355 manats, to 2,029.222 manats per ounce on September 12, compared to the price on September 11. The price of silver decreased by 0.0787 manats, to 23.9715 manats per…Details
In August Dneprospetsstal produced 20999 tons of steel, up by 3% MoM, and 14034 tons of rolled metal, up by 8.6%. The combined cost of the products manufactured in August totaled 849861 thousand UAH, up by 7.4%. In January-August the company produced 168808 tons of steel and 112359 tons of rolled metal, down by 1.9%…Details
In January-August Chukotka Autonomous District extracted 16.38 tons of gold, down by 5% YoY.
14.52 tons accounted for ore gold, with 1.86 tons provided by alluvial sites.
Silver output decreased by 15%, to 74.98 tons.
In January-August 2017 gold output was 17.18 tons and silver – 87.85 tons. (Ukrainian metal)
In August the Federal Cargo Company transported 1.3 million tons of metal in gondola cars, up by 17% YoY. “In Ural region MMK increased loading into gondola cars to 155 thousand tons. In North-West Izhorsky Pipe Works to 16.3 thousand tons. Rostov Electrometallurgical Works increased loading to 11 thousand tons”, the company director of department…Details
In August Zlatoust Electrometallurgical Works exceeded its manufacturing plans. In particular, the metallurgical manufacture surpassed the plan on steel production using vacuum arc remelting technique. Nickel-containing steel and alloys accounted for some 1400 tons. The company has also mastered the manufacture of slabs of corrosion-resistant heat-resistant steel. In August ZEMZ produced 4.876 thousand tons of…Details
In January-July Russia exported 27.452 million tons of ferrous metals, up by 13.5% YoY. According to the Federal Customs Service, the exports of ferrous metals without pig iron, ferroalloys, scrap and wastes totaled 17.904 million tons, up by 5.9%. The exports of semi-finished products of carbon steel reached 9.507 million tons, up by 14.8%, of…Details
Belarus Iron and Steel Works has manufactured a trial batch of new products – rebars of 8 mm diameter. Previously the company produced rebars with the diameter of 10 to 40 mm. The mastering of the new product has been dictated by the demand from customers. This year the company has received some 40 orders…Details
Employees of the Novovolynskaya Mine No. 9 have been striking for 10 days already because of the wage debts. Now they have made a strike near the Volynugol administration premises demanding the CEO to be fired. “In addition to the clearing of the salary debts they also insist on firing the acting CEO of the…Details
Russian gold producer Polyus has retained its gold output forecast for 2018 unchanged, CEO Pavel Grachyov declared. “Yes, I can confirm our forecast. We are approaching the upper limit of a 2.375-2.425 million ounces range in a comfortable manner. The plan for 2019 is 2.8 million ounces,” he said. The Natalka gold mine continues to…Details
Artyom Filipyev has been appointed General Legal Counsel of PJSC ArcelorMittal Kriviy Rih. He will be responsible for enforceability of PJSC ArcelorMittal Kriviy Rih within laws of Ukraine, protection of interests of the company in economy, land and property. Prior to new appointment, Artyom Filipyev worked on the position of the Legal Director, PrJSC Consumers-Sklo-Zorya…Details
Mining and processing works of Ukraine now stock 700 thousand tons of iron ore raw materials with the norm of 150 thousand tons due to the difficulties with shipping via railroad. In August the companies undersupplied $100 million worth of products. “In September the goal will not be reached, thus, the companies will have to…Details
Nordgold has put into operation a new mine – Gross – in Yakutia.
Investments in the mine are estimated at $250 million.
When the mine reaches its design capacity it will be extracting some 12 million tons of ore and producing 200 thousand ounces of gold per year for 17 years. (Ukrainian metal)
In June-August direct deliveries of rolled steel to the major metal servicing centers specializing in the manufacture of metal structures, totaled 594.5 thousand tons. According to the railroad statistics, this is up by 2.8% YoY. At the same time deliveries dropped by 5%, but grew by 20% and by 3% as compared with 2014, 2015…Details
In August direct deliveries of metal to the major enterprises of the oil and gas complex of Russia and to the construction sites of new oil and gas projects totaled 336.2 thousand tons. According to the railroad statistics, this is down by 21.2% YoY. In January-August deliveries reached 2.84 million tons, down by 12.1% YoY.…Details
In June-August steel deliveries to major metal traders totaled 2.71 million tons.
According to railroad statistics, this is up by 6.1% YoY.
At the same time deliveries grew by 24%, 14% and 2.6% compared with 2014, 2015 and 2016 respectively. (Ukrainian metal)
The board of directors of the Pipe Metal Company (TMK) has approved the buy back of the shares valued at $30 million. The project will be carried out in 2018-2019. The papers bought back will be kept by TMK. The company plans to buy back up to 29.3 million shares, or 7.3 million GDR. (Ukrainian…Details
ArcelorMittal Temirtau is reconstructing its hot-rolling mill-1700 in the sheet-rolling shop No. 1. The goal of the project is to replace outdated machinery and increase capacity. The machinery is supplied by Novokramatorsk Machine-Building Works (Ukraine). So far the company has shipped machinery for the second stage of repairs. Soon NKMZ specialists and AMT employees will…Details
Novorosmetal has announced the construction of a rolling plant near the town of Novorossijsk. According to the department of economical development of the town administration, 10.2 ha of land has been reserved for the plant. The company is expected to create 450 to 600 jobs. The Novorossijsk Rolling Plant LLC has already been created. The…Details