Trans-Siberian Gold (TSG) has found a zone of high mineralization some 400 meters to the north of the lode No. 25 at the Asachinskoye deposit in Kamchatka. According to preliminary drilling, the largest gold concentration is 133 g per ton. Investments in the deposit development are estimated at $7.9 million. (Ukrainian metal)Details
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In November 2019 Russia imported 54.1 thousand tons of chrome ore and concentrate, down by 17% MoM and by 34% YoY. Deliveries from Kazakhstan dropped from 59.6 thousand tons to 49.3 thousand tons, and from South Africa from 5.7 thousand tons to 4.7 thousand tons. In 11 months of 2019 imports totaled 846.8 thousand tons,…Details
In November 2019 Russia exported 6.4 thousand tons of ferromanganese, down by 10% MoM, but up by 108% YoY. Deliveries to US grew from 4.2 thousand tons to 4.9 thousand tons, and to Ukraine – 3-fold, to 1.1 thousand tons. At the same time exports to Belarus dropped by 70% and to Kazakhstan by 29%,…Details
The steel output of Severstal contracted by 2% YoY, to 11.847 million tons in 2019 hurt by lower output in the second half of the year after the sale of a long products plant, the company said in a statement on January 17. The negative effect of the sale was partially offset by higher production…Details
In November 2019 Russia imported 15.7 thousand tons of ferrosilicomanganese, up by 10% MoM and by 2% YoY. Deliveries from Georgia dropped to 7 thousand tons, while imports from Kazakhstan grew by 36%, to 7.5 thousand tons. In 11 months of 2019 imports totaled 165 thousand tons, down by 4% YoY. In monetary terms since…Details
In 2018 Chukotka Autonomous District yielded 24.45 tons of gold, up by 1% YoY. In particular, ore gold output grew by 3%, to 22.1 tons, while that of alluvial gold fell by 9%, to 2.35 tons. Silver extraction remained unchanged – 111.7 tons. (Ukrainian metal)Details
Verkhnevolzhsky Service Metal Center has officially commissioned a new slitting machine. The machine can cut rolled metal of carbon and stainless steel, aluminum and copper with the thickness of 0.2 mm. The equipment was supplied by Fagor. The companies have been cooperating for more than 14 years. (Ukrainian metal)Details
In 2019 SMC-Kolpino shipped 16 thousand tons of steel billets to wind energy enterprises, up more than 2-fold YoY. The works to produce wind energy units Bashni WRS was the main customer of the company. It is a joint venture of Severstal, Rosnano and Windar Renovables S.L. “This year we intend to increase sales. In…Details
Magnitogorsk Iron and Steel Works (MMK) has implemented a system for recording multi-turn actuators using modern marking technology in the form of radio frequency identification tags (RFID). Marking with RFID tags has replaced the process of applying information manually with paint and barcoding. The goal of implementing the new technology is to improve the quality…Details
ArcelorMittal Kriviy Rih has presented a project to modernize its steam boiler No. 1 and boiler system, which provides the by-product coke manufacture with steam. The boiler plant has two boilers with the capacity of 50 tons of steam per hour each. Purified coke gas is used as a fuel. The steam boiler No. 2…Details
Metinvest continuously modernizes its Mariupol Ilyich and Azovstal Iron and Steel Works. In particular, $82.6 million were invested in environmental projects in 2019. Mariupol Ilyich finished reconstructing its gas-purifying machine No. 3, while the modernization of the sintering factory is drawing to an end. At the same time, Azovstal has commissioned a dust-exhaust machine for…Details
In January-November 2019 Russia exported 37.575 million tons of ferrous metals, down by 11.1% YoY. According to the Federal Customs Service, exports without pig iron, ferroalloys, scrap and wastes dropped by 10.4%, to 24.883 million tons. Sales of carbon steel semi-finished products fell by 6.8%, to 13.433 million tons, and flat rolled steel – by…Details
In 2019 Zlatoust Electrometallurgical Works mastered the manufacture of over 30 new steel grades. Output and sales grew almost 2-fold, to 900 million rubles per month. Average monthly output of corrosion-resistant rolled metal is 2 thousand tons, with 90% purchased by ChTPZ. This year ZEMZ intends to increase output and sales 2-fold. (Ukrainian metal)Details