In order to improve polymetallic ores processing at the Khandiza deposits, the processing factory has been reconstructed, adding 6 Ts-15 thickeners.
After that Almalyk Mining and Processing Works decided to construct another thickener. The construction is underway.
The new machinery will be put into operation in late August. (Ukrainian metal)
Uzbekistan Iron and Steel Works is reorganizing the manufacture of import-replacing metal products – fasteners for machine-building. The capacity of the new complex is 5 thousand tons of fasteners per year. The company will assemble a new Sytco A. G. equipment to produce hot-rolled metal with 16-36 mm diameter, Berkshire Establishment LLP line to produce…
DetailsThe Pipe Metal Company starts beta testing of the TMK eTrade – the first in Russia Internet store to sell pipe products. The store is expected to start functioning in full in September. At present TMK eTrade has the following services: pipe cost calculator based on a number of parameters (type and form, material, diameter,…
DetailsOn June 29 the employees of Dneprovsky Iron and Steel Combine intend to hold another meeting protesting against the shut down of the main manufacture. According to the meeting organizers, representatives of the owner and the city authorities have been invited. “We do and will do our best to put the works back into operation…
DetailsThe Armenian government has freed Lydian Armenia, operating at Amulsar deposits, from paying customs duties on the import of equipment and raw materials. According to the minister of economical development and investments Suren Karayan, the company has already invested some 44 billion drams ($90 million). 180 billion drams more will be invested. The cost of…
DetailsPolymetal has resumed operation at Kutyn gold deposits in Khabarovsk krai. The company bought the deposits in 2011, but in September 2014 the operations were suspended. Prospecting has been complete only on two thirds of the site. The new round of prospecting will start in April 2018. As of 2015, the estimated gold reserves of…
DetailsVIZ-Stal has finished modernization of two machines to produce nitrogen, used in the process of the thermal treatment of metal. The project will increase energy efficiency. Within the project the company replaced two of the three air separation units. The capacity of each new unit is 8 thousand cubic meters of pure nitrogen per hour.…
DetailsOver 40 units of mining machines were delivered to the Gaysky Mining and Processing Works in January-June. In particular, the company received Henkon Siberia machines, Charmec 6605B, Russian and Finnish drilling machines, as well as several dump trucks and load-haul-dump machines. This year Gaysky GOK will spend 1.7 billion rubles on modernizing mining equipment and…
DetailsFerrexpo Plc intends to get a renewable credit line for $500 million until September 30, 2021. According to the agenda of Poltava Mining and Processing Works shareholders meeting scheduled for July 17, the borrowers will be Ferrexpo Finance plc, Ferrexpo AG, and Ferrexpo Middle East FZE, while PGOK will act as the pledge. PGOK shareholders…
DetailsPJSC ArcelorMittal Kriviy Rih launches flashmob #stayinukraine “I stay to work in Ukraine” for those patriots of their country, town, company, who are not ready to capitulate abroad and who are energetic enough to support Ukraine during tough transformational period of changes. Currently PJSC ArcelorMittal Kriviy Rih, the biggest steel and mining plant of Ukraine,…
DetailsInterpipe Ukraine LLC has increased tyre prices for Ukrzaliznytsia by 12%.
Lviv Locomotive Repair Plant announced it wanted to conclude a deal with Interpipe for the delivery of tyres valued at 18.96 million UAH (15.8 thousand UAH apiece).
Last year Interpipe sold tyres to Ukrzaliznytsia 12% cheaper. (Ukrainian metal)
ArcelorMittal Kriviy Rih used to pay 0.9% of the estimated value for its 8 thousand ha of land. On April 21, the local authorities increased the land tax to 1.01%. With the increase of the tax, revenues of the Krivoy Rog budget have also increased. The Opposition block deputy in the city council Valery Gresko…
DetailsRusHydro may decide to participate in completion of UC RUSAL’s construction of a $1.4-1.6 billion Taishet Aluminum Smelter within two or three months, Deputy Prime Minister Yury Trutnev, chairman of RusHydro’s board of directors, reported. “I think that probably within two or three months a decision will be made,” he said. RUSAL offered RusHydro a…
DetailsThe Sulyukta coal deposits have been put up for sale. According to the State committee on industry, energy and subsoil use, the starting price of site No. 5 is $3.8 thousand. According to the estimates, the reserves of the deposits are 381190.5 tons. The local site Vostochy has been put up for sale at $6154…
DetailsIn January-April Russia imported 3374 tons of copper pipes for conditioning, up by 6% YoY and by 10% from the 2015 level. According to the customs statistics, 23% of pipes were imported from Greece, up 2.8-fold YoY. The average price on the Russian border in April was $7305 per tons. Serbia supplied 22% of pipes,…
DetailsThis year Mechel-Service has already supplied 6.5 thousand tons of rebars for the construction of housing in Chelyabinsk. The company supplies rebars to almost all major construction sites in the city. One of the latest was the batch of metal for the construction of Gagarin Residence in the downtown. All the rebars are manufactured by…
DetailsBy the end of 2018 the Electrostal Tyumeni works will have reached its manufacturing capacity of 550 thousand tons of rolled metal per year. At present the company produces 380 thousand tons per year. The output increase will be achieved with the help of a number of investment projects. The employee number will also increase…
DetailsChelyabinsk Iron and Steel Works has finished an overhaul of its sintering machine. The machine has been shut down for 8 days. The cost of the repair is 9 million rubles. The ChMK sintering factory operates 4 sintering machines with the combined capacity of over 5 million tons per year. Overhauls of the machines are…
DetailsOn June 19-23 the group of companies Demidov held negotiations with its partners in the Northern Caucasus, discussing pipe market situation and cooperation prospects. At present the order portfolio of Novocherkassk subsidiary of Ryazan Pipe Works is full. Next month the company will sell 3800 tons of electric welded pipes. In June the subsidiary sold…
DetailsIn June Ukrazaliznytsia held 2 large auctions on the sale of 229.04 million UAH worth of steel scrap. Interpipe NTZ bought 22.5 thousand tons of scrap valued at 113.17 million UAH. The company bought scrap No. 4 (wheels, tyres, beams, etc.) at 5029 UAH per ton. Interpipe’s only competitor was ArcelorMittal Kriviy Rih. Metinvest-Resource LLC…
DetailsThe assets of Cherepovets Metal Structures Works have been put up for sale. The auction will be held on August 11. The offers are accepted since June 26. The minimal price of the works is 150 million rubles, but the auction will start from 247.1 million. All the assets are sold in one lot, including…
DetailsThe Dneprovsky Iron and Steel Combine HR director Anatoly Polivoda reported that so far 750 employees had resigned from the works. At present the company employs slightly over 9.5 thousand people. But according to Polivoda, by the time the DMK starts operating again, many more people would have decided to look for new job. (Ukrainian…
DetailsNLMK Group announces changes to its IT and R&D management team, which are both key vectors of the group’s forthcoming Strategy 2022. Dr. Bruno Charles De Cooman has been appointed to the newly created role of Vice President for Research and Development. The position covers the coordination of activities of the group’s research centers at…
DetailsIn order for Dneprovsky Iron and Steel Combine to operate all its three furnaces $150 million are needed.
According to the management, the company has enough raw materials for 10 days of 2 furnaces operation, provided in three days coal and coke will start arriving at the works. (Ukrainian metal)
President of Ukraine Petro Poroshenko has stated that Ukraine will purchase at least 2 million tons of coal from the United States. “We’ve agreed on American coal supplies from Pennsylvania at competitive prices, we will have the full assistance from the department of the Ministry of Trade and Energy, the new Administration and Congress that…
DetailsChelyabisnk Tractor Works has concluded a contract for delivery of three bulldozers to Norilsk Nickel. The companies have been cooperating for many years, and all the tractors supplied to the metal works are specifically designed for operation in the North. This time ChTZ will supply two B11 tractors and one B10M. At first the tractors…
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