ArcelorMittal Temirtau is carrying out a project to replace dust-exhaust machinery in the sinter manufacture. The cost of the project exceeds 1.2 billion tenge. Sinter shop accounts for 23% of all dust pollution. “This is not the first project to install bag filters at the sinter shop. In 2017 we put into operation bag filters…Details
In April, transportation of metal in FGK gondola cars grew by 7% YoY, to 1.4 million tons. The share of transportation in the total volume was 13%. In particular, transportation of ferrous metals scrap increased by 50%, to 224 thousand tons, metal structures – by 20%, to 4 thousand tons, metal wares – by 11%,…Details
Interpipe has certified its own premium inserted joints Interpipe UPJ-F for the correspondence to the ISO 13769 CAL IV. It took the company around a year to develop, test and certify the new product. This is the second premium-class joint developed by Interpipe. Earlier it has mastered the manufacture of a UPJ-M muff joint. Trial…Details
Severniy Mining and Processing Works has put into operation a Lurgi 552 A pelletizing machine in the pellets shop No. 2 after essential repairs.
The cost of the project was 84 million UAH.
Other pelletizing machinery will also be repaired at SevGOK. The project will cost some 400 million UAH. (Ukrainian metal)
Gold, platinum and palladium prices decreased in Azerbaijan on May 22 compared to the prices of May 21. The price of gold dropped by 3.2045 manats, to 2,165.443 manats per ounce. The price of silver grew by 0.0142 manats, to 24.5601 manats per ounce. The price of platinum fell by 14.62 manats, to 1,379.295 manats…Details
Tin Ore Mining has started developing the Syrymbet deposit in the North-Kazakhstan region.
Investments in the development will reach 4 billion tenge.
The project will be completed until 2021.
Syrymbet is the largest undeveloped tin deposit in the world. (Ukrainian metal)
Severstal has concluded an agreement on the delivery of the main machinery for the modernization of the automatic pelletizing system in bell furnaces at Cherepovets Iron and Steel Works. Under the first stage of the investment project the company will replace the automatization system at 40 hydrogen stands of bell furnaces. The equipment will be…Details
NLMK-Kaluga has produced 7 million tons of steel.
The works was commissioned in July 2013 in the Vorsino industrial park close of Moscow, the largest construction market in Russia.
The company uses high-quality steel to manufacture some 20 types and sizes of bars and sections, as well as square billets. (Ukrainian metal)
Metalloinvest and Kamaz have held the fourth coordination council on technical and commercial issues. The meeting was hosted by Oskol Electrometallurgical Works. In November 2017 the companies signed a 3-year contract on the SBQ delivery. Kamaz orders some 80% of its needs at OEMK. Coordination councils are held twice a year and help the parties…Details
Corum Group, a part of DTEK, has concluded a new contract valued at 392 million UAH. The company will produce and supply 135 ZRP 15/35 anchoring sections to Poland. In particular, the anchoring has to be delivered to Polska Grupa Gornicza S.A. (PGG) and will be used at the Piast-Ziemowit mine. “In 2018 we ordered…Details
Rusal has obtained a license to develop the Goryachegorskoye deposit of nepheline ores, the main raw materials for Achinsk Alumina Plant. According to the estimates the reserves of the deposit will be enough for the plant to operate for 60 years. Achinsk Plant is the largest enterprise in Russia processing nepheline ore to produce alumina.…Details
Tula-Steel intends to start producing steel in late May. The company has plans to enter foreign markets of billets. “Sales volumes will depend on the market situation. But the billets will not be our priority. In the first place we will concentrate on the manufacture of rolled metal”, the company noted. Tula-Steel can export some…Details
A new enterprise started operating in the Kurgan industrial park – Kurgan Works of Energy Techniques. The works will produce steel pipes in PPU and PPM insulation, as well as pipe joints. Until the end of the year the company intends to produce some 23 thousand meters of pipes. Investments in the project totaled 76…Details
Aluminum giant UC RUSAL and energy and metals holding En+ Group of the Russian businessman Oleg Deripaska can reregister in a special administrative zone in Kaliningrad until the end of 2019, Economic Development Minister Maxim Oreshkin declared. “We are working on this and will do all we can on our side,” Oreshkin said. Oreshkin added…Details
In April, Cherepovets Iron and Steel Works increased sales by 2.4% YoY, to 780 thousand tons.
In January-April sales dropped by 0.4%, to 3.3 million tons.
Sales to domestic customers grew by 25%, to 2.24 million tons, while exports fell by 30.4%, to 1.05 million tons. (Ukrainian metal)
Ukraine has prolonged the antidumping investigation on the imports of rods (rebars) of carbon and alloyed steel from Belarus and Moldova. The interdepartmental commission found out that there was a need to prolong the investigation, begun on July 2, 2018, to 15 months. The decision was taken on May 14 and came into effect on…Details
The state enterprise Vostochniy Mining and Processing Works has ordered the Trading House Eco-Service LLC the delivery of sulfur valued at 128.58 million UAH. This year the company will have to supply 24 thousand tons of granulated sulfur or sulfur lumps with the content of not less than 99.95% at $202 or 5325 UAH per…Details
The director of the Yuzovka Iron and Steel Works (YUMZ) Alexander Petrushechkin has committed suicide. The works is situated in the so-called Donetsk People’s Republic, a terrorist organization created and supported by Putin’s Russia. It is said that Petrushechkin shot himself from his guard’s gun. In January he tried to commit suicide, by striking himself…Details
Gold, silver and platinum prices decreased in Azerbaijan on May 21 compared to the prices of May 20. The price of gold dropped by 1.3515 manats, to 2,168.6475 manats per ounce. The price of silver fell by 0.0007 manats, to 24.5459 manats per ounce. The price of platinum went down by 6.154 manats, to 1,393.915…Details
In January-April, Kazakhstan increased copper output by 8.8% YoY, to 149.5 thousand tons. Raw zinc manufacture totaled 108.2 thousand tons (-1.5%), zinc concentrate – 69.2 thousand tons (-34.2%), aluminum – 528.7 thousand tons (-9.1%), ferroalloys – 706.8 thousand tons (+6.7%), lead concentrate – 29.8 thousand tons (-3.6%) and lead – 45.1 thousand tons (-12.5%). Gold…Details
The melting-foundry complex of VSMPO-Avisma has disassembled its Retek plasma furnace melting chamber. This is the largest plasma furnace in the world. Preparatory work lasted for 3 days. Now the chamber has to be moved out of the shop. In the shop No. 41 the company will separate ferrous metal of the chamber from the…Details
Bar Works Balakovo has set a new record of using steel ladles. The previous record of 127 meltings on average (2018) was exceeded to 133 meltings. At the same time the maximum number of meltings reached 201 (189 in November 2018). This is a record not only for the works, but for all other Russian…Details
Moscow Industrial Bank wants to declare the Krasniy Sulin Iron and Steel Works bankrupt. The works owner Ramzan Isayev plans to invest 52 billion rubles in the rolling line with the capacity of 1.5 million tons of metal per year. The investor owes the bank over 2.11 billion rubles, while the project is still in…Details
Ferrexpo AG will squeeze out Poltava Mining and Processing Works shares from minority shareholders.
The price of each share will be 34.24 UAH with their nominal cost of 9.96 UAH.
Ferrexpo AG owns 189,313.087 million ordinary shares, or 99.11% of PGOK. (Ukrainian metal)