Beloretsk Iron and Steel Works has renewed its certificates of the correspondence for steel ropes used in oil and gas industry. In particular, rotary lines have passed the voluntary GOST R certification. Prior to that an audit has been carried out. The auditors have visited steel rope shops, the laboratory, and inspected the rope and…Details
In January-August Magadan region mined 261.8 thousand tons of coal, up by 9.1% YoY. At the same time, no coal was mined in July-August. There are 3 enterprises mining for coal in the region – Kolyma Coal Company LLC mined 185 thousand tons, up by 83% YoY; Association of Business Cooperation increased output by 17%,…Details
Zagorsky Pipe Works has received positive report of Gazprom on supplying pipes with outer coating on the basis of Russian-made materials only. This is the first time that ZTZ has mastered such a combination of materials. Earlier it used the imported and Russian materials to make corrosion-resistant coating. “This is the first major result of…Details
The Belarus Iron and Steel Works will introduce its business partners to the company’s innovative development plans during the fourth conference of suppliers that will be held on the sidelines of the international forum “Foundry and Metallurgy 2018. Belarus” that will take place in Minsk on October 17-18, the company’s spokesman Alexander Olesik reported. The…Details
Gold is illegally mined in Aksy district of Jalal-Abad region. The State Inspectorate for Environmental and Technical Safety made a decision to prohibit the activities of Spektr LLC. Despite the ban, the company continues exploration on the alluvial gold deposit. As the Deputy Chairman of the State Committee of Industry, Energy and Subsoil Use, Suyuntbek…Details
Prices of precious metals varied on September 26, according to the data published by the Central Bank. The price of gold increased by 5.661 manats, to 2,043.502 manats per ounce on September 26 compared to the price on September 25. The price of silver grew by 0.4269 manats, to 24.6494 manats per ounce. The price…Details
OMZ-Spetsstal has completed construction and started commissioning a new gouging chamber.
The new unit with exhaust system will improve labor conditions and prevent air pollution.
The gouging chamber has been constructed under a program to modernize manufacturing capacities. (Ukrainian metal)
In August the Republic of Buryatia extracted 586.8 kg of gold, including 285.9 kg of ore gold and 300.9 kg of alluvial gold.
In January-August gold output reached 3516.5 kg.
In particular, ore gold accounted for 2269.8 kg and alluvial gold – 1246.7 kg.
Last year the region yielded 5677.9 kg of gold. (Ukrainian metal)
Since last week strikes and protests have renewed at the state enterprises Mirnogradugol and Selidovugol. The reason is that the enterprises have not received state support promised 2 weeks ago. While the situation is unstable, the mines continue operating. Still, some miners refuse to go underground. The miners’ unions say if the money to clear…Details
The decrease of the coal price to 1800 UAH per ton, as suggested by the draft law 8626, will result in mines shutting down and will simply destroy the coal industry. According to the Independent Miners’ Union chairman Mikhail Volynets, the connection of the Ukrainian coal price to the international indexes through the Rotterdam+ gave…Details
In August Ukraine went up to the 12th position in the rating of the 67 countries, compiled by Worldsteel. China was traditionally the first with 80.326 million tons produced in August, up by 2.7% YoY. Ukraine produced 1.786 million tons, down by 3.7%. All in all in August world steel output grew by 2.6% YoY,…Details
Sergey Plichko has been appointed chief financial officer, chief accountant of ArcelorMittal Kriviy Rih.
He has been the acting CFO and CA since February 17, 2017.
Plichko has been appointed since September 21 for an indefinite term. (Ukrainian metal)
Prices of precious metals increased in Azerbaijan on September 25, according to the data published by the Central Bank. The price of gold grew by 2.737 manats, to 2,037.841 manats per ounce on September 25 compared to the price on September 24. The price of silver went up by 0.0309 manats, to 24.2225 manats per…Details
Russia estimates its losses from the US-imposed tariffs on steel and aluminum at $600 million. “We have calculated the damage to our economy from the US decision. It is some $600 million. We have already paid $100 million of new duties”, the minister of economic development Maxim Oreshkin said. In response Russia has imposed additional…Details
In late August a delegation of the Yekaterinburg Non-Ferrous Metals Processing Works visited Armenia. There the company representatives met with top-managers of a jewelry works, a large manufacturer of basalt continuous fibers and cement, etc. “These companies are already our customers. We supply them with such products as laboratory wares, affined metals, machinery to produce…Details
Severstal Steel Decisions has shipped over 250 tons of metal structures for the construction of an Ozon e-store logistics complex in the Moscow region. Metal structures have been produced at the manufacturing site in Oryol of steel manufactured by Cherepovets Iron and Steel Works. Moreover, in Q3 the company supplied over 200 tons of welded…Details
Gaysky Mining and Processing Works is constructing a main ventilation unit at the Severnaya Ventilyatsionnaya 2 mine. The unit will service horizons below 990 meters. The depth of the mine will be 1310 meters. The construction of the shaft is also underway. At present the company is preparing foundation for the premises of the ventilation…Details
Under the project to modernize the teaching program Zaporizhstal has equipped a special classroom for the crane operators.
The students now have a unique opportunity to study at the interactive Pascal bridge crane simulator.
Investments in the classroom creation totaled 400 thousand UAH. (Ukrainian metal)
Zagorsky Pipe Works has successfully delivered the first batch of pipes in polyurethane insulation under the project to develop the heating networks of the Leningrad region. The volume of the first delivery was almost 5 thousand meters of pipes with the diameter of 1220 mm and the wall thickness of 12 mm. The customer –…Details
In January-August Ukrainian heating power plants received 3.74 million tons of imported coal, up 1.7-fold YoY. According to the Ministry of energy and coal industry, in particular Russia supplied 2.91 million tons of coal (or 77.8%), USA – 685.3 thousand tons (18.3%) and the Republic of South Africa – 144.8 thousand tons (3.9%). Such a…Details
This year the mining and metal enterprises of Ukraine will spend over 40 billion UAH on modernization. According to Sergey Belenkiy, the chairman of the Federation of Metallurgists of Ukraine, in particular Metinvest will spend 33 billion UAH. ArcelorMittal Kriviy Rih plans to invest 10 billion UAH. “As to other enterprises, everything is not clear…Details
In January-August Ukrainian customers received 3.138 million tons of rolled steel, with 948.5 thousand tons, or 30.23%, accounting for imports. In 8 months of 2017 the local market consumed 2.998 million tons, with 827.5 thousand tons, or 27.6% imported. Thus, the increase in rolled metal consumption reached 4.64%, while that of imports – 14.62%. The…Details
In January-August Ukraine produced 12.27 million tons of rolled metal. Of this 10.1 million tons, or 82.2%, were exported. In January-August 2017 the share of the rolled metal exported was 81.6%, or 9.62 million tons. The share of semi-finished products in exports grew from 39.83% to 43.94%, while that of flat rolled metal dropped from…Details
ArcelorMittal Temirtau has been fined for 1.3 billion tenge for the damages to the environment. The suit has been submitted to a commercial court following the unscheduled inspection by the prosecutors and environment specialists on the basis of the letter from the Temirtau akim (governor). The inspection found multiple violations of the environment protection legislation.…Details