The Association of steel construction development (ARSS) has checked the correspondence of the Andrometa Metal Structures Works to the STO ARSS 11251254.001-018-5 standard (Manufacture and quality control of steel construction structures). The works has successfully passed the audit. At the end of 2019 the company received a corresponding certificate. (Ukrainian metal)Details
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Kyshtym Electrolytic Copper Plant, a part of the Russian Copper Company, will soon start producing copper electrolytic foil. The company will have a new shop with capacity of 1.2 thousand tons per year. Investments will exceed 3 billion rubles. Global market of electrolytic foil is expected to have reached $16 billion by the end of…Details
In late December 2019 metal companies were provided with scrap at the level of 105.2%. The necessary amount was 206 thousand tons, but the companies received 216.8 thousand tons. The largest receivers of scrap in December 2019 were Azovstal, Interpipe Steel and DMK – 53.3 thousand tons, 50.7 thousand tons and 48.6 thousand tons respectively.…Details
17 cars with pellets derailed because of the collision with a locomotive in Kriviy Rih. The accident happened not far from the Artem-1 mine of ArcelorMittal Kriviy Rih. According to the preliminary information, none was injured. (Ukrainian metal)Details
In 2019 Ferrexpo, controlling Poltava and Yeristovo Mining and Processing Works, decreased pellets output by 0.8% YoY, to 10.519 million tons. At the same time manufacture of high-quality pellets with iron content of 65% of the company own ore grew by 3%, to 10.116 million tons. Sales last year totaled 10.3 million tons (10.227 million…Details
Average retail prices of coal as of January 9, compared with December 2019, decreased by 25.14 soms per ton, the National Statistical Committee of Kyrgyzstan reported. As of January 9, the maximum average consumer prices for coal were registered in Nookat (7,532.55 soms per ton) and Batken (7,318.61 soms per ton). Prices have not changed…Details
Last week the price of one ounce of gold increased by over 84.9 manats ($49.9) or by 3.2%. Accordingly, the average price of one ounce of gold stood at 2,659 manats ($1,564). The price of one ounce of silver grew by 0.3843 manats ($0.22) or by 1.3%, to 30.8 manats ($18.1). The price of one…Details
Last year 2 mines of Raspadskaya Coal Company extracted 3 million tons of coal each. The record 3 million tons at the Uskovskaya mine were extracted from two long faces – 50-20 and 50-22. Moreover, in 2019 the mine was able to extract 1 million tons of coal in 3.5 months. Another record was the…Details
Izhorsky Pipe-Rolling Works has successfully passed the inspection audit and has received the Intergazcert certificate of correspondence. The certificate covers seamless pipes for gas pipelines, gas-extracting systems and gas deposit machinery. The Intergazcert system has been created by Gazprom. (Ukrainian metal)Details
In 2019 Yuzhniy Mining and Processing Works increased iron ore concentrate manufacture by 0.1% YoY, to 12.26 million tons. At the same time, sinter output dropped by 45.8%, to 945.8 thousand tons. In December 2019 the company produced 956.1 thousand tons of concentrate, down by 2.1% YoY. Sinter was not produced in Q4 2019 at…Details
In December 2019 Poltava Mining and Processing Works received the largest VAT reimbursement among the mining and processing companies. According to the State Treasury Service, the company was paid 578.357 million UAH. It was followed by Zaporizhstal with 448.249 million UAH. Total VAT reimbursement in December 2019 was 9.826 billion UAH. (Ukrainian metal)Details
Rescue operations to search for two mineworkers, who went missing as a result of a movement of waste rock dumps near Lysii area on December 1, 2019, were stopped. The decision to stop the search operation was made with the consent of the relatives of the missing employees. Kumtor Gold Company said in an official…Details
In 2019 Yuzhniy Mining and Processing Works used 3 billion UAH of investments. The funds were spent to buy machines, equipment, as well as on capital construction, repairs and social projects. Compared with 2018 the volume of investments grew by almost 400 million UAH. In particular, UGOK purchased 2 Belaz dump trucks with the lifting…Details