Ukrainian governmental and industrial lobbyists failed to make Egypt abolish import duties on rebars. The Ministry of trade and industry of Egypt has announced that the temporary duties will become permanent. At least, for the next 5 years. Ukrainian metallurgy, represented by ArcelorMittal Kriviy Rih, will have to pay 15-27% of the customs cost of…
DetailsIn November the Profil-Akras pipe works produced 10.4 thousand tons of pipes.
Last month the company supplied 13.1 thousand tons of pipes to its customers. In particular, 2.4 thousand tons were exported. (Ukrainian metal)
Omutninsk Iron and Steel Works is continuing the technical revamping of its repair-mechanical shop. “The main task of the shop staff is to provide the works divisions with spare parts and jigging. Lately under the technical revamp program we have purchased three CNC machines”, the shop director Yuri Prilukov said. In December the shop received…
DetailsThe road police of Belarus have detected a truck with metal scrap without any registration marks on the road to the Russian border. The police tried to stop the truck, but it turned to another road. When the truck entered the forest the police opened fire. After 16 shots the rear wheel was damaged. When…
DetailsThe board of directors of Metalloinvest has decided to pay 8 billion rubles of dividends to the shareholders following the work in January-September. On the results of H1 Metalloinvest has already paid 20 billion rubles of dividends. In January-September Metalloinvest received $1.089 billion of net profit, up by 53.8% YoY. EBITDA grew by 80.8%, to…
DetailsIn November Yuzhniy Mining and Processing Works produced 1.079 million tons of concentrate, up by 8% YoY. According to the company statement, sinter output dropped by 3%, to 164.5 thousand tons. In January-November UGOK produced 11.361 million tons of concentrate, up by 10.8% YoY, and 1.725 million tons of sinter, down by 9.5%. In 2016…
DetailsThe state enterprise Pervomayskugol has concluded agreements with Ekvives LLC for the delivery of 2 pump units valued at 4.8 million UAH. The agreements presuppose 100% prepayment. The products will be paid for from the state budget. The seller has to deliver the pumps to the Zolotoye mine warehouse within 45 days of the payment…
DetailsAn accident happened at the Dneprovskaya mine of DTEK Pavlogradugol resulting in the injury to three miners. A winch rope broke off when the trolley with miners was hoisted from underground. The miners, not waiting for the breaks to start operating, began jumping out of the trolley. Injured miners have been transported to the Pavlograd…
DetailsIn January-November Zabaykalye region extracted 12.375 tons of gold, up by 6% YoY. Silver output totaled 38 tons. Alluvial companies provided for the most output – 8.988 tons of gold. Ore gold accounted for 3.387 tons. This year 50 companies are extracting gold in the region. 10 companies provided for over 8.3 tons of gold.…
DetailsElectrozinc has commissioned a new site of sublime milling at its hydrometallurgical shop. Together with the start of the zinc manufacture, after the repairs in October the new ball mill was put in operation. After grinding in the new mill the sublimes are processed in the hydrometallurgical shop. Thanks to modernization impact on environment will…
DetailsShareholders of the Magnitogorsk Iron and Steel Works decided to pay dividends for the operation in Q3 in the amount of 1.111 rubles per ordinary share. The total amount is around $209 million, or 59% of the company funds. This corresponds to the dividend profit of 2.5%. The shareholders entitled to receive dividends will be…
DetailsThe member of the Mariupol city council Maxim Borodin has published on his page in Facebook a video of another major air pollution by the local Ilyich Iron and Steel Works. “In broad daylight Mariupol Ilyich is polluting the air over the city”, he wrote. “I’m sure that neither the CEO, nor the blast furnace…
DetailsGold production on Russia’s Chukotka peninsula decreased by 12.34% YoY, to 23.646 tons in January-November, a spokesperson for the regional industry policy, construction, and housing and utilities department reported on December 11. Silver production in the area fell by 18.96%, to 121.533 tons in the period. Chukotka Mining and Geological Company, a unit of Kinross…
DetailsMetinvest Mining and Metallurgical Group intends on December 18 to pay $6.509 million non-guaranteed interest income on eurobonds for the period from August 18 to September 18 to the holders of eurobonds with maturity of up to December 31, 2021. According to a group report on the website of the Irish Stock Exchange, the interest…
DetailsIn 2018 RG Gold intends to increase gold output to 45-48 thousand ounces (1.4-1.5 tons) per year. “Now the capacities of our two grinding complexes allow us processing some 1.3 million tons of ore per year. When the third complex is commissioned, we will reach the annual level of over 2 million tons”, the company…
DetailsThe state enterprise Volynugol has received funds to pay salary to miners. According to the information department of the Volyn regional state administration, the region has received 30.3 million UAH, of which 25 million will be used to clear salary debts to miners for August-October. The money has already been transferred to the enterprise account.…
DetailsFollowing the construction of a ladle crane for Evraz ZSMK, Uralmashzavod is working on a special crane for Tulachermet.
The machinery will be used at the new iron and steel works being built in the city of Tula.
For Tulachermet-Steel Uralmashzavod has already produced 10 cranes. (Ukrainian metal)
The authorities of the Sverdlovsk region and the VSMPO-Avisma Corporation have concluded a special investment contract until 2023. According to the agreement the corporation will carry out modernization of its rolling complex in the city of Verkhyaya Salda valued at over 1.2 billion rubles. Following the modernization new jobs will be created and the titanium…
DetailsEvraz ZSMK has started assembling a new ladle crane in its converter shop No. 2. The machinery has been produced by Uralmashzavod. The representatives of the customer were present at the machine-building works during the control assembly and testing. The machinery works faultless. The main units of the crane have been shipped to Evraz ZSMK.…
DetailsMagnitogorsk Iron and Steel Works has finalized the deal on the purchase of 100% of LMK Group. The group comprises of Lysva Metal Company, Lysva Iron and Steel Works and Insayur-Autotrade-TL Trade House. LMK Group is the only producer of electrolytic galvanized rolled metal with coating in Russia. Its total capacity is 350 thousand tons…
DetailsThe Genco Raptor bulker with 75,000 tons of coal from South Africa for DTEK arrived in the Yuzhny port overnight December 10 into December 11 morning, the press service of the DTEK energy holding has reported. “The entire amount of coal will be sent to DTEK Kriviy Rih thermal power plant. Coal stocks at the…
DetailsAs the result of artillery shelling Avdiivka Coke and Chemical Works has been cut off of railroad. “The electricity line of Ocheretino-Avdiivka has been damaged, as well as the contact-wire network of the railroad”, the company CEO Musa Magomedov wrote on his Facebook page. According to him, the company energy engineers are examining the damaged…
DetailsUkraine this year would reduce anthracite consumption to 5 million tons, which is almost 50% less than the figure for the previous year, the press service of the government has reported, referring to Deputy Prime Minister of Ukraine Volodymyr Kistion. “If earlier we consumed over 9 million tons of anthracite coal a year, at the…
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