Evraz and the Russian Railways have signed a memorandum on cooperation. According to the document Evraz will increase output of 100-meter rails. An additional manufacturing line will be assembled at Evraz ZMSK. And railroads will provide rolling stock to take all the rails produced. The memorandum creates the basis for the signing of a new…Details
In 2016 the consolidated earnings of the United Metallurgical Company totaled 140 billion rubles ($2.47 billion), down by 13% YoY. At the same time the company claims it has been able to receive high profit despite the decrease of large diameter pipe sales, as well as cleared a considerable part of its debt (56 billion…Details
The price of coal, delivered from DTEK mines in Russia, is $95 per ton, while that from the South-African Republic is $100 per ton. According to the acting CEO of DTEK Energo Dmitry Sakharuk, in April the company received 35 thousand tons of coal from Russia, with 85 thousand tons in May. In June DTEK…Details
The Ministry of Trade and industry of Egypt has imposed temporary duties on the imports of rebars from Ukraine, China and Turkey for 4 months. According to the ministry, the duty for Ukraine is 15-27%. “The decision was taken after an investigation at the request of the local manufacturers who could not compete with the…Details
The court has denied the request of the State Geology Service to cancel the Carpathian Ore Company license for the Muzhievskoye gold deposits in Zakarpatye region. The company received the license to mine gold in 2012. In 2014 the prosecutors found violations in the operation of the company and the service stopped the license and…Details
In January-May railroads transported 11.86 million tons of ferrous metals, down by 0.3% YoY, including 11.57 million tons for export, down by 2.1%, and 287.84 thousand tons for import, up 3.9-fold. Export transportation to the port of Novorossiysk totaled 4.59 million tons, down by 7.6% YoY, to St. Petersburg port – 2.4 million tons, up…Details
Severstal will supply 17.7 thousand tons of rolled metal to the shipbuilding works Zvezda: steel sheet with the width of 3 meters and the length of 12 meters. The tender was won by Severstal Distribution. The company already has experience of supplying metal via railroad to the Far East. All the metal will be produced…Details
The ChTPZ group will supply a batch of seamless stainless pipes for Belenergomash-BZEM. The pipes will be produced at Chelyabinsk Pipe Works and intended for pipelines of Kudankulam nuclear power plant in India. The products will be shipped in Q3. Under the contract ChTPZ will supply 80 thousand tons of 325-426 mm diameter and 12-16…Details
In January-May Mariupol Ilyich Iron and Steel Works produced 1.102 million tons of rolled metal, up by 1.2% YoY. According to the company statement, steel output went up by 0.7%, to 1.231 million tons, while that of pig iron dropped by 1.1%, to 1.5 million tons. In May the works produced 232 thousand tons of…Details
In January-May Azovstal Iron and Steel Works produced 1.592 million tons of rolled metal, up by 22.6% YoY. According to a company representative, steel output increased by 22.7%, to 1.807 million tons, pig iron – by 25.3%, to 1.58 million tons. In May the company produced 330 thousand tons of rolled metal, 374 thousand tons…Details
Ukrzaliznytsia failed to provide the necessary throughput of the repaired Kamysh-Zarya – Volnovakha route for the stable operation of the Mariupol companies. On June 2-6 the daily throughput of the route was 16 cargo trains, far below the 24 trains promised by Ukrzaliznytsia. Thus Metinvest group had to look for alternative, and more expensive ways…Details
Talnakh Concentrator of Nornickel’s Polar Division has reached the project design parameters and capacity in line with the targets set by the modernization project. The plant’s total throughput capacity has increased by 30%, from 7.6 to 10.2 million tons of ore per year, metal losses in tailings have been reduced, while target nickel and copper…Details
SUEK has put a new long face No. 70-10 at the Taldinskaya-Zapadnaya 2 mine into operation.
The expected output is 500 thousand tons of coal per month. The reserves of the face will be enough till the end of the year.
SUEK invested over 2.3 billion rubles into the project. (Ukrainian metal)
In January-April Zaporozhye Ferro Alloys Plant increased output by 4.6% YoY, to 89.71 thousand tons. In particular the manufacture of silicomanganese went up by 19.7% YoY, to 43.7 thousand tons, but ferrosilicon output dropped by 5.6%, to 30.57 thousand tons, ferromanganese – by 15.6%, to 12.41 thousand tons. The company also produced 3.03 thousand tons…Details
In January-May Ukraine decreased steel output by 18% YoY, to 8.708 million tons. According to Ukrmetallurgprom, rolled metal output dropped by 20% YoY, to 7.458 million tons, that of pig iron – by 22%, to 7.921 million tons. Pipe output went up by 24%, to 409 thousand tons, while that of coke decreased by 25%,…Details
The state enterprise Vostochniy Mining and Processing Works has ordered the bookkeeping and auditing services. The company wants its financial reports for the last three years checked. The expected cost of the services is 4.56 million UAH. The audit will be carried at the request of the State Bank of Development of China. The tender…Details
According to the State Treasury Service, Azovstal Iron and Steel Works and ArcelorMittal Kriviy Rih received the most of VAT reimbursement among metal and mining companies in May. In particular, Azovstal received 632.8 million UAH, AMKR – 543.7 million UAH, and Zaporizhstal – 366.3 million UAH. In May Ukraine reimbursed a total of 9.86 billion…Details
Krasnoyarsk Aluminum Works finishes construction of the casting complex – in two years Rusal has invested around $37 million in the project. When the complex is put into operation the company will be able to produce large cylindrical ingots, which are currently in demand all over the world. In late May the first trial batch…Details
In January-April Russia produced 68.68 tons of gold, up from 67.75 in 2017. In particular, 52.05 tons of produced gold (50.68 tons), 5.87 tons of accompanying gold (4.81 tons) and 10.76 tons of secondary gold (12.26 tons). Silver output in January-April totaled 302.22 tons (313.32 tons), including 136.77 tons of produced silver (157.08 tons), 106.16…Details
Chelyabinsk Zinc Works, a part of UMMC, has started producing fine zinc powder. “We’ve already been producing zinc powder earlier, but the existing technology does not allow producing powder with the fineness below 10 micron. And that’s exactly what’s in demand now. So we started making trial batches of the powder”, the company engineering center…Details
Alexei Scherbakov has been appointed the technical director of Stoylensky Mining and Processing Works, a part of NLMK.
He will be responsible for improvement of the manufacture efficiency, technological processes and machinery, development of technical policy and technological development, as well as for reconstruction and technical modernization. (Ukrainian metal)
Evraz is working on a new GOST to improve and expand the range of flanged beam in Russia.
At present the group already produces 135 sections of new GOST and 89 foreign analogues. The new document provides for the import replacement, EvrazHolding metal structures development manager Evgeniy Samarin said. (Ukrainian metal)
A miner, trapped following the cave-in in the shaft at Krivoy Rog Iron Ore Industrial Complex on June 6, was found dead. “On June 6 the rock collapsed at Oktyabrskaya mine at the depth of 1220 m. A body was later found of the miner. The body has been delivered to the surface”, the State…Details
In May Yuzhniy Mining and Processing Works increased concentrate output by 13.7% YoY, to 1044.5 thousand tons. According to the company statement, its sinter output dropped by 25.5% YoY, to 167.2 thousand tons. In January-May UGOK produced 5084.5 thousand tons of concentrate and 742.8 thousand tons of sinter, up by 12.4% and down by 1.9%…Details
There has been a cave-in at the Oktyabrskaya mine of the Krivoy Rog Iron Ore Industrial Complex.
The rock collapsed at the depth of 1220 meters on June 6 at 8:55 local time.
According to the preliminary information, one miner has been trapped.
The rescue operation is underway. (Ukrainian metal)
The annual shareholders meeting of Asha Iron and Steel Works decided to leave the 2016 net profit to the company and not to pay dividends. According to the company CEO Vladimir Myzgin, the year 2016 was more efficient than 2015. Despite tough conditions on sales markets and sanctions, the company increased output by 6% YoY.…Details