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Severgroup of tycoon Alexei Mordashov expects a more than 400-billion ruble support in the framework of the law of protection and promotion of investments, a representative of the group reported. “Severgroup presented projects worth more than 400 billion rubles to the workgroup for the bill, all of them will favor fulfillment of the national priorities,”…
DetailsSvyatogor, a part of UGMK, has asked the government to put up for an auction a site of the Volkovskoye deposit of tungsten-iron-copper ores, the largest in the Urals. Copper reserves are estimated at 771 thousand tons, iron – 20 million tons, tungsten oxide – 333 thousand tons and gold – 11.7 thousand tons. The…
DetailsIn 2020-2021 the geological prospecting company Russian Service Geological Service LLC intends to carry out an evaluation drilling at the Levo-Dybinskoye ore field in the Republic of Sakha (Yakutia). The ore field could contain a large-volume object (100-200 tons) of thin ores with the gold content of 1-1.5 g per ton. So far three ore…
DetailsIn January-September the scientific and manufacturing company Geotechnologia produced 1761 tons of nickel, down by 60% YoY. This year the company was operating at the Shanuch deposit in Kamchatka. The reason of such a drastic decrease is not explained. In 2018 the company produced 6 thousand tons of nickel, down from the target of 9.5…
DetailsCherepovets Iron and Steel Works has finished a number of capital repairs in the coke – sinter – blast-furnace manufacture. The repairs have been carried out by CherMK employees, as well as contracting companies. The main work has been carried out at the largest blast furnace No. 5. The second-largest furnace No. 4 capacities have…
DetailsIn October Dneprovsky Iron and Steel Works decreased steel output 6.7-fold MoM, to 7 thousand tons. Pig iron manufacture fell 6.8-fold, to 7 thousand tons. October is the first month when DMZ is working in a new mode. From October 5 the company partially shut down its main shops in preparation for a large-scale modernization.…
DetailsIn January-October Dneprospetsstal produced 126.6 thousand tons of rolled metal, down by 8.5% YoY. Steel manufacture dropped by 13.2%, to 182.4 thousand tons. In October DSS produced 19 thousand tons of steel and 13 thousand tons of rolled metal, up by 5.5% and by 8.3% MoM respectively. (Ukrainian metal)
DetailsIn October Zaporizhstal increased steel output by 5.9% YoY, to 349.1 thousand tons. Pig iron manufacture grew by 7%, to 394.8 thousand tons, and rolled metal – by 4.2%, to 296.5 thousand tons. In January-October Zaporizhstal produced 3.381 million tons of steel, 3.614 million tons of pig iron and 2.834 million tons of rolled metal.…
DetailsIn January-October Ukraine produced 17.96 million tons of steel, up by 2.3% YoY. Rolled metal manufacture grew by 1.8%, to 15.6 million tons, while that of pig iron remained unchanged at 17.07 million tons. In October steel output dropped by 10.5% MoM, to 1.56 million tons, rolled metal – by 2.3%, to 1.54 million tons,…
DetailsMagnitogorsk Rolls Works has commissioned a CNC turning machine. The machine is used to treat rolls for sheet-rolling, section as well as rail and beam mills. With the new machine the company is now ready to enter the market of rolls with the diameter of over 1 thousand mm. The maximum diameter of the rolls…
DetailsIn October the Northern Railroad transported 5.2 million tons of cargo, up by 2.3% YoY. In 10 months throughput grew by 5.2% YoY, to 54.6 million tons. In particular, the railroad transported 6.6 million tons of ferrous metals, up by 1.3% YoY, 4.2 million tons of coal, up by 31.1%, and 2. 9 million tons…
DetailsIn January-September new orders for metal products totaled 279,620.7 million UAH, down by 9.5% YoY. According to the State Statistics Service, foreign orders amounted to 166,965 million UAH, or 59.7% of the total, down by 11.8% YoY. Their share dropped by 1.6%. Orders for ready-made metal wares are growing on the contrary – by 7.2%,…
DetailsIn January-September Metinvest increased steel output by 6% YoY, to 5.905 million tons. The manufacture grew due to the increased output at Mariupol Ilyich Iron and Steel Works by 399 thousand tons. At the same time Azovstal decreased steel production by 91 thousand tons. In Q3 manufacture remained unchanged QoQ at 1982 thousand tons, as…
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