Ukrainian Metal - Part 244

Ukraine: AMKR to allocate 15 million UAH in social projects for Shirokovskiy district in 2017-2018

ArcelorMittal Kriviy Rih ore mining and metallurgical worksBy admin 16.11.2017 Leave a comment

PJSC ArcelorMittal Kriviy Rih will allocate 15 million UAH in social projects for Shirokovskiy district, Dnepropetrovsk region, a place where company’s mining facilities are located. The Agreement on social co-operation for social & economic development between the state administration of Shirokovskiy district, Shirokovskiy district council and PJSC ArcelorMittal Kriviy Rih has been signed by Chief…

Ukraine: AMKR improving competitiveness on world markets

ArcelorMittal Kriviy Rih ore mining and metallurgical worksBy admin 16.11.2017 Leave a comment

PJSC ArcelorMittal Kriviy Rih has become the first full-scale mining and metallurgical enterprise in the world – the owner of two certificates of approval for the Sustainability Management System and the Responsible Sourcing System according to BES 6001 standard. These two certificates will become additional advantage for PJSC ArcelorMittal Kriviy Rih towards competitors in the…

Ukraine: Azovstal to reconstruct BF3

Azovstal Iron and Steel WorksBy admin 15.11.2017 Leave a comment

Azovstal has presented a project to reconstruct the blast furnace No. 3 to decrease pollution by 80%.

The blast furnace will be completely reconstructed to allow it operating on the pulverized coal fuel. Thus the company will save gas and decrease environment pollution.

The investments in the project will total 2 billion UAH. (Ukrainian metal)

Russia: RusUgol output up in January-October 2017

coalBy admin 15.11.2017 Leave a comment

In January-October Russky Ugol (Russian Coal) mined 11.4 million tons of power-generating coal, up by 5% YoY. Amur region and Krasnodar Krai were the leaders. In particular Amur region yielded 2.7 million tons of coal, up by 8% YoY, and Krasnodar Krai – 5.1 million tons, up by 7%. The Stepnoy open-pit in the republic…

Russia: Severstal Steel Decisions turns 10

SeverstalBy admin 15.11.2017 Leave a comment

Severstal Steel Decisions is 10 years old. In the past 5 years the company has produced over 50 thousand tons of metal structures and built more than 1 million square meters of buildings. “We see major potential in the usage of metal structures on the market of steel construction and plan to develop in this…

Russia: Uchaly GOK receives new mining machines

Uchaly Mining and Processing WorksBy admin 15.11.2017 Leave a comment

The Uzelginsky mine of Uchaly Mining and Processing Works has received the Caterpillar R1660H load-haul-dump unit. The new machine has been purchased within the program to replace and modernize equipment. The machine will be used underground. This is the third load-haul-dump unit to join the Uzelginsky fleet this year. The cost of the 40-ton machine…

Russia: NLMK to increase galvanized metal capacities

NLMKBy admin 15.11.2017 Leave a comment

NLMK intends to increase its galvanized rolled metal capacities in 5 years by 28%, to 1.7 million tons, by commissioning a new continuous hot-galvanizing machine with the capacity of 450 thousand tons per year. The company also plans to increase polymer-coated rolled metal output by 36%, to 700 thousand tons per year, after it puts…

Kyrgyzstan: Kyrgyzaltyn produces 205.8 kg of gold in January-September 2017

goldBy admin 15.11.2017 Leave a comment

In January-September the enterprises of Kyrgyzaltyn produced 205.8 kg of gold in the alloy and in the cathode deposit, the press service of the company reported. According to it, 157.1 kg of gold were produced at Makmal. The forecast indicator was fulfilled by 95.6%. But in this case, compared to the same period last year,…

Kyrgyzstan: joint venture to be created at Makmal in 2018

goldBy admin 15.11.2017 Leave a comment

“We are preparing in 2018 to create a joint venture at Makmal,” Almaz Alimbekov, Chairman of the Board of Kyrgyzaltyn OJSC, said at a meeting of the Committee on Fuel and Energy Complex and Subsoil Use of the Parliament. According to him, now the deposit is unprofitable because of old equipment, technologies and depletion of…

Russia: 1-billion rubles ore processing enterprise to be created in Zabaikalsky krai

lithiumBy admin 15.11.2017 Leave a comment

The authorities of Zabaykalsky krai intend to create a new enterprise to process ore. As the result, the taxes to the local budget will increase by 3 million rubles per year. Investments will reach 1.095 billion rubles. In particular, the construction of premises and infrastructure objects will cost 93.6 million rubles, roads – 2.6 million…

Russia: TMK starts producing casing pipes with TMK UP ULTRA GX thread joints

TMKBy admin 15.11.2017 Leave a comment

TMK has started producing casing pipes with the unique TMK UP ULTRA GX thread joints. The first batch has been shipped to Samaraneftegaz, a daughter company of Rosneft. The new thread joints fully comply with ISO PAS 12835. TMK share in the segment of premium thread joints on the Russian market in January-September reached 81%.…

Ukraine: UMCC to invest 36 million UAH in pipeline repair at VGMK

Volnogorsk Mining and Metallurgical Combine, Volnogorsk Mining and Processing WorksBy admin 15.11.2017 Leave a comment

The United Mining and Chemical Company will invest 36 million UAH in its Volnogorsk Iron and Steel Works. According to the company statement, in October VGMK completed the replacement of 2 km of slurry pipeline valued at 5.2 million UAH. The company intends to go on with the project. Investments have been estimated on the…

Russia: Zakamensk tungsten output at 266 tons in January-September 2017

tungstenBy admin 15.11.2017 Leave a comment

In January-September the republic of Buryatia produced 266 tons of tungsten. The only tungsten manufacturer in the region is the Zakamensk company. Last year Zakamensk produced 569 tons of tungsten. In August the project of modernization of the processing machine with the capacity of 1 thousand tons of concentrate per year was approved. Investments since…

Russia: OEMK and KAMAZ sign memorandum for the delivery of rolled metal

OEMKBy admin 15.11.2017 Leave a comment

Metalloinvest and KAMAZ have signed a 3-year memorandum of cooperation in the sphere of high quality rolled metal (SBQ) deliveries. The metal will be produced at OEMK. According to the agreement KAMAZ has to place 80% of orders at OEMK. The price will be fixed each quarter. The parties will also discuss the creation of…

Ukraine: Metinvest and Interpipe win Ukrzaliznytsia scrap auctions

Interpipe, Metinvest Group of Companies, scrapBy admin 15.11.2017 Leave a comment

Metinvest-Resource LLC and Interpipe NTZ have won in two auctions on metal scrap sales held by Ukrzaliznytsia. In particular, Metinvest-Resource won the auction on the sale of 17.2 thousand tons of bulk scrap, having offered 109.871 million UAH, or 6387 UAH per ton. The starting price was 102.684 million UAH, or 5970 UAH per ton.…

Azerbaijan imports Iranian alumina for the first time

aluminaBy admin 15.11.2017 Leave a comment

Iran has exported alumina to Azerbaijan for the first time, Touraj Zare, managing director of Iran Alumina Company, said. Previously, Tajikistan was the only costumer of Iran’s alumina, but beginning from the current fiscal year (March 2017) Azerbaijan also has started the imports, Zare said, the press office of Iranian Mines and Mining Industries Development…

Ukraine: Lisichanskugol orders coal processing

LisichanskugolBy admin 15.11.2017 Leave a comment

Lisichanskugol has ordered the Komsomolskaya Central Processing Factory the services of coal processing valued at 24.75 million UAH. According to the contract Lisichanskugol will be sending to the factory the DG-grade coal with the ash content of 43-51%, sulfur of 2.9-3.5%, moisture of 11.5-13.9% and the volatile matter of 42.3%. The coal concentrate after processing…

Ukraine: SevGOK output down in January-October 2017

Severniy GOK, Severniy Mining and Processing WorksBy admin 14.11.2017 Leave a comment

In January-October Severniy Mining and Processing Works produced 6.128 million tons of pellets, down by 17.6% YoY. Concentrate output dropped by 6%, to 9.372 million tons. In October SevGOK produced 562 thousand tons of pellets, 948 thousand tons of concentrate as opposed to 738 thousand tons of pellets and 905 thousand tons of concentrate in…

Russia: BMK HAV-metal wares sales up in January-October 2017

Beloretsk Iron and Steel WorksBy admin 14.11.2017 Leave a comment

In January-October Beloretsk Iron and Steel Works increased sales of metal wares with high-added value. In particular, sales of stainless products for aviation, oil and gas, machine-building and automobile industries increased 2-fold. Sales of steel high-strength wire for ferroconcrete structures manufacture increased by 14% YoY, rebars threads for the construction of bridges and high-rise buildings…

Russia: Mechel-Service supplies metal for major sports projects of Siberia

MechelBy admin 14.11.2017 Leave a comment

Mechel-Service has supplied 1.5 thousand tons of beams for the construction of the covered hockey stadium “Yenisei” in Krasnoyarsk. The company also supplies metal for another major sports arena in Siberia – the fencing center in Novosibirsk. “The sale of beams at the Novosibirsk branch in January-October increased by 66% YoY. The Mechel metal is…

Russia: Vostsibugol completes exports plan ahead of schedule

coalBy admin 14.11.2017 Leave a comment

On November 12 Vostsibugol completed its annual export schedule. So far this year the company has exported over 1.1 million tons of coal. The increase in the export share began in 2008. Since then coal exports reached 5 million tons. Next year the company intends to start exporting coal from its new sites in Khakasia.…

Russia: UEM net profit down in Q3 2017

UralelectromedBy admin 14.11.2017 Leave a comment

In Q3 the net profit of Uralelectromed decreased 5-fold YoY, to 588.9 million rubles. In Q3 2016 the company net profit was 2.97 billion rubles. UEM revenue increased from 21.4 billion rubles to 26.2 billion rubles, while sales prime cost grew from 16.4 billion to 21.6 billion rubles. In 2016 Uralelectromed decreased net profit from…

Ukraine: AMKR appoints 3 CEO deputies

ArcelorMittal Kriviy Rih ore mining and metallurgical worksBy admin 14.11.2017 Leave a comment

In early November ArcelorMittal Kirviy Rih appointed 3 new deputy general managers. Thus, Vladimir Tesluyk has been appointed the deputy CEO on mining department manufacture. He will be responsible for the open-pit and underground mining operation, mining department technical service and CAPEX realization. Igor Romanyuk has been appointed the acting deputy CEO on metallurgical and…

Russia: ministry suggests MET cut for rare metals

rare-earth metalsBy admin 14.11.2017 Leave a comment

Russia’s Natural Resources and Environment Ministry has suggested cutting the mineral extraction tax (MET) for rare metals to 4.8% from 8% in order to simulate production, the ministry said in a statement on November 13. The ministry is now preparing an amendment to the Tax Code for submission to the government. The amendment will also…