In January-October Kazakhstan exported 23.4 million tons of coal, up by 13.6% YoY.
Output totaled 86.6 million tons, up by 11.6% YoY, or by 9 million tons. 61.8 million tons were supplied to the local market, with 45.9 million tons delivered to combined heat power plants and state district power plants. (Ukrainian metal)
Mikheyevsky Mining and Processing Works has completed repairs of the Superior MK 60-89 gyratory breaker with the capacity of 4 thousand tons of ore per hour.
This is the largest breaker in Russia.
The repairs were completed in just 36 hours instead of 120 as planned. (Ukrainian metal)
VIZ-Stal has started assembling new crane machinery to service its cold-rolling mills. The new crane with the boggy truck will replace the outdated lifting machine. The new crane lifting capacity is 22 tons against 20 tons of the old one, and this will result in the transportation growth of 10%. The new crane will be…
DetailsIn Q3 Asha Iron and Steel Works received 19 million rubles of net profits as opposed to the loss of 92 million rubles in Q2. According to the company statement, in Q3 2016 it received 435 million rubles of net profits. In January-September AMZ net profit totaled 372.2 million rubles, down by 57% YoY. In…
DetailsIn September Metinvest increased EBITDA by 69.5% YoY and by 38.2% MoM, to $217 million. According to the group statement, revenue grew by 47.3% YoY and by 11.7% MoM, to $832 million. In September Metinvest sold 1.286 million tons of metal, up by 18% YoY and by 8.9% MoM, valued at $701 million. Mining sales…
Details36 mines on Ukraine-uncontrolled territory can no longer be used because of the complete or partial flooding. “As the result of the military activities, coalmining enterprises have been cut off grid resulting in the break in the operation of water-pumping systems, which in some cases has led to complete flooding of mines”, the OSCE report…
DetailsCorum Group has finished the construction of the fan unit at the Expluatatsionnaya mine of the Zaporozhye Iron Ore Complex.
The unit has already received the certificate allowing it to be commissioned. The fan will be providing the mine with ventilation for some 35 years.
The new unit has replaced outdated centrifugal fans. (Ukrainian metal)
NLMK Group, an international steel company with operations in Russia, the USA and the European Union, has shipped transformer (or grain-oriented steel, GO) steel to Ruselprom, one of Russia’s leading electric machinery manufacturers. NLMK steel was used to make energy equipment for the most powerful nuclear icebreaker in the world, the Ural. Steel for the…
DetailsIn January-September DTEK Group of Companies produced 21 million tons of coal, down by 5.8% YoY (out of which high-volatile steam coal grades accounted for 16.9 million tons, up by 10.5% YoY; anthracite and lean coal accounted for 4.1 million tons, down by 41.7%). “Ukraine will become energy independent,” says DTEK CEO Maxim Timchenko when…
DetailsRoof of the smelting shop No. 1 of Nadezhdinsky Iron and Steel Works in Norilsk has collapsed. According to emergency service, the roof was damaged on the space of 500 square meters. The roof collapsed following a very strong wind with the velocity of 30 meters per second. There were no casualties. At present the…
DetailsMore than half of creditors that issued a $1 billion syndicated loan to Russian metals and mining group Mechel supported its restructuring conditions, Mechel CEO Oleg Korzhov said in a conference call on November 28. Some of the banks have sold their shares in the loan. “Currently, we continue negotiations with the banks that have…
DetailsRussian metals producers UC RUSAL and Norilsk Nickel have abandoned an idea of a merger, key owner of Norilsk Nickel Vladimir Potanin said on November 29. “We have agreed with Oleg Deripaska, president and key beneficiary of RUSAL, that Norilsk Nickel and RUSAL are different companies and no synergy is visible. This is why they…
DetailsPrime Minister Sapar Isakov met with the Chief Executive Officer at Centerra Gold Inc. Scott Perry. According to the press service, during the meeting the current state and prospects of joint cooperation were discussed. The head of government noted that the Kyrgyz side, as the largest shareholder, was interested in the stable operation of the…
DetailsNLMK Group, an international steel company with operations in Russia, the USA and the European Union, has been named the winner of the annual competition for information transparency among publicly listed companies in Russia. The “Active Corporate Policy on Information Disclosure” award was established in 2003 by Interfax and AK&M for companies that had excelled…
DetailsIn Q3 Sinarsky Pipe Works received 159.8 million rubles of net profit, down 2.5-fold QoQ. In Q3 2016 net profit was 660 million rubles. In January-September SinTZ received 1.145 billion rubles of net profit, down 2-fold YoY. Sales revenue in Q3 totaled 9.28 billion rubles, down by 1% QoQ. In 9 months the works sold…
DetailsIn September, according to the customs statistics, Russia exported 11.1 thousand tons of corrosion-resistant steel waste and scrap, down by 5.4% YoY, but up 2.1-fold YoY. Revenue increased by 2.2% MoM and 2.3-fold YoY, to $10.8 million. In January-September Russia exported 68.7 thousand tons of scrap, up by 17.2% YoY, valued at $66.1 million, up…
DetailsThe British Standards Institution has audited the quality management system of Lebedinsky Mining and Processing Works for compliance with the new version of ISO 9001:2015. As the result of the inspection the BSI experts have confirmed the correspondence of the current system to the standard and granted the ISO 9001:2015 compliance certificate to the company.…
DetailsBeloretsk Iron and Steel Works has passed the audit of the Russian River Registry and has confirmed its status of manufacturer of steel galvanized ropes for river shipbuilding. The River Registry provides for the safety of voyaging of over 23 thousand ships and floating objects. BMK has been cooperating with the Registry since 2011. The…
DetailsThe Cabinet of Ministers has set the state order for procurement of ferrous and non-ferrous scrap and wastes for state (republican) needs. The customer is the state enterprise on procurement, processing and supply of scrap Belvtormet. The state order for Q1 2018 is 20%, for Q2 – 30%, for Q3 – 25% and for Q4…
DetailsOn November 21-22 the Department of subsoil use of the Central and Siberia Federal Districts held 5 auctions to sell alluvial sites in Zabaikalye region. Zabgoldprom LLC won the auction on the Undurga River site with 220 kg of gold. The company paid 38.76 million rubles for the lot. The site on the river Bombando…
DetailsIn November ZMT passed the audit of its copper pipes for the correspondence with the Warnock Hersey quality system for the supply to the markets of Canada and North America. Intertek (USA) carried out the audit and confirmed the correspondence of pipes to construction norms and safety standards. In January-October ZMT increased sales to Canada…
DetailsThe delegation of the Zagorsky Pipe Works participated in the business mission of Russian companies to the United Arab Emirates. ZTZ representatives suggested supplying pipe products for oil and gas projects, being carried out on the territory of the UAE, as well as to the Near East countries. “Of course the pipe market of the…
DetailsRevda Non-Ferrous Metals Processing Works has developed a technique to manufacture new products – cold-deformed pipes with outer diameter of up to 80 mm of S70600 copper-nickel alloy. Such pipes have improved surface quality, corrosion resistance, strength and thermal conductivity. The pipes are in demand by Russian and foreign companies dealing with energy machine-building. (Ukrainian…
DetailsEvraz NTMK has started manufacturing a unique product for local market – the construction beam of S390 and S440 strength classes. Thanks to alloying with vanadium and the unique manufacturing technique only Evraz NTMK is capable of producing beams of such a high strength type. Since the beginning of the year the company has started…
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