Mikhailovsky Mining and Processing Works is now mastering the operation of the Armada plasma cutting machine. The machinery has been purchased under the Metalloinvest investment program. Now the manufacture of billets for BelAZs, crushers and conveyers of sheet metal will be easier and quicker. The new plasma cutting machine allows processing rolled metal with the…Details
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The ChTPZ group has supplied a batch of pipes for the construction of a system of gas and water pipelines of Amur thermal power plant. The pipes were produced at Chelyabinsk Pipe-Rolling Works and Pervouralsky Pipe Works. The batch had 2500 tons of seamless and welded pipes. The pipes with the diameter of 108 to…Details
PJSC Magnitogorsk Iron and Steel Works announces that registration for its Capital Markets Day in London is now open. The event will begin at 9:00 am London time (12:00 pm Moscow time) on November 15. At the Capital Markets Day, Chairman of the Board of Directors of MMK, Viсtor Rashnikov, Independent member of the Board…Details
NLMK Group announces that following the annual RobecoSam Corporate Sustainability Assessment, NLMK’s overall ESG score has improved from 22 to 33. As a result, NLMK’s individual scores of the economic and social dimensions exceeded the industry average. RobecoSam conducts annual Corporate Sustainability Assessment (the SAM CSA) the results of which serve as the basis for…Details
As of September, debts to state miners have reached 900 million UAH. According to the chairman of the Confederation of Independent Unions and the Independent Miners’ Union Mikhail Volynets, in October the debt will grow to 1.3 billion UAH. “And the trend of the debt growth will persist. The miners will be forced to strike”,…Details
In July Russia imported 45.3 thousand tons of flat galvanized rolled metal, down by 42% YoY and by 32% MoM. In 7 months imports dropped by 8%, to 384.2 thousand tons. China accounted for 31.5% of deliveries, up by 50%. The average sale price was $730 per ton without VAT. It is followed by Kazakhstan…Details
In January-June over 430 employees resigned from Centrougol coal enterprise, which included 5 mines. The enterprise is managed by authorities of the Lugansk People’s Republic, the terrorist organization created and supported by Russia. The reason of the employee flow is the chronic wage debts. So far the debts reach 1.5 million rubles. (Ukrainian metal)Details
In January-August Zaporozhye Ferro Alloys Plant increased output by 9.1% YoY, to 177.66 thousand tons. In particular, the company produced 95.77 thousand tons of silicomanganese, up by 18%, 52.18 thousand tons of ferrosilicon, up by 2.7%, and 25.13 thousand tons of ferromanganese, down by 2.5%. Metallic manganese manufacture decreased by 10.2%, to 4.58 thousand tons.…Details
In January-August Nikopol Ferroalloy Plant decreased output by 4.4% YoY, to 510.03 thousand tons. In particular, silicomanganese manufacture dropped by 6.3%, to 468.52 thousand tons, but that of ferromanganese grew by 14.4%, to 29.71 thousand tons. The company has also increased the production of other ferroalloys – by 57.5%, to 11.8 thousand tons. (Ukrainian metal)Details
In January-June Trans-Siberian Gold Plc, developing the Asachinskoye gold deposit in Kamchatka, increased its revenue by 8.7% YoY, to $30 million. Gold sales grew by 7.8%, to 22.1 thousand ounces and silver – by 125%, to 69.3 thousand ounces. Capital investments dropped 2.4-fold, to $3.9 million. Profit increased 2.3-fold, to $6.1 million. As of June…Details
As of September 19, the Novaya miners team LLC, operating in the Republic of Sakha, Yakutia, has extracted 220 kg of gold. The company quota for the year is 150 kg. Operation at the main license site – Nizhnyaya Amunakta – started in late May. In 2018 the company extracted 224 kg of gold. (Ukrainian…Details