Construction of a gold recovery plant and a tailing dump began at Jerooy deposit. According to the head of the State Committee of Industry, Energy and Subsoil Use, Ulan Ryskulov, the development of Jerooy deposit is one of the largest national projects that will have a great impact on the social and economic development of…
DetailsIn January-October Severniy Mining and Processing Works sold 1.5 million tons of high iron content pellets to metal companies of Ukraine and Europe. The high-quality pellets have been produced following the experiments of using concentrate from two mining and processing works – Severniy and Ingulets. As the result iron content increased from 63.8% to 65%.…
DetailsThe fourth batch of steam coal for the needs of thermal power plants (TPP) of PJSC Centrenergo has arrived in Yuzhny seaport (Odessa region), the port’s press service has reported. According to its data, the bulk carrier Ocean Dalian delivered 73,000 tons of coal. The report does not specify the coal grade, but Centrenergo previously…
DetailsThe Internet-store of Severstal has been named the Best Internet-project of Russia in 2017.
The e-shop was first unveiled in 2016.
In January-October the store received 950 thousand tons worth of orders.
In 2019 Severstal intends to start exporting through its online-store. (Ukrainian metal)
MMK has received the approval of the Federal Antimonopoly Service for the purchase of Lysva Iron and Steel Works with the capacity of 360 thousand tons per year. Back in September MMK reported that it was regularly monitoring the M&A market and was ready to discuss the acquisition of prospective assets. At present neither MMK,…
DetailsThe Republic Investment Company and its daughter enterprise Yanolovo have concluded an agreement with the Chinese investment fund YaZuan Investment Co. Ltd on development of tin-bearing deposits on the territory of Yakutia.
Yanolovo obtained the license to develop Tirekhtyanskoye tin deposits in 2015. Raw metal output could be 500-3.5 thousand tons per year. (Ukrainian metal)
Belarus will help improve methods of coal mining and coal transportation on Sakhalin Island, Russia. The news was released by the website of the Sakhalin region government and the governor after Sakhalin region governor Oleg Kozhemyako met with State Secretary of the Union State of Belarus and Russia Grigory Rapota. Member of the Federation Council…
DetailsRosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, has exported 22 million tons of coal this year. The milestone ton was loaded onto the Panamax bulk carrier AP Argosy, the 306h vessel handled from the year beginning (the 21st in…
DetailsIn January-August Metinvest exported 155 thousand tons of galvanized coils, up by 40% YoY. “The main growth has been witnessed in the direction of Europe, CIS (without Russia), Near East and North Africa”, the group marketing director Roman Kurashev said. Metinvest intends to retain its regular presence on European market and will work on attracting…
DetailsIn January-September, according to the customs statistics, Russia imported 438 thousand tons of galvanized steel with polymer coating, up by 8.7% YoY, but down by 0.1% from the 2015 results. The main supplier was China. Its share was 59%. The average price on Russian border in September was $796.2 per ton. Kazakhstan’s share was 11%,…
DetailsIn January-September Russia imported 566.3 thousand tons of galvanized steel, up by 24.1% YoY. According to the customs statistics, Kazakhstan was the major supplier – up by 48.7%, to 264 thousand tons. In September the average price on Russian border was $717 per ton without VAT. Then comes China with 109 thousand tons, up by…
DetailsIn January-October ferrous metals output increased by 6.5% YoY. Casting companies improved operation by 4.2% YoY. This is the first increase in the sector since 2012. Flat rolled metal production decreased by 4.7%, unalloyed construction rods by 1.9%. At the same time alloyed rods output went up by 44%. Ferroalloys manufacture increased by 7.5%, raw…
DetailsThe city of Yakutsk has held 4 auctions for the sale of alluvial gold sites. The most expensive lot was the site at the Chuguun brook and tributaries. The initial price during the sale increased 108-fold. Thus, Poisk Zoloto has to pay 153.45 million rubles. The Artyk site was purchased by Vostok LLC for 2.107…
DetailsIn October ZEMZ started producing slabs of 12X18H10T steel with the size of 150×680 and 150×700 mm for the Krasniy Oktyabr Iron and Steel Works.
This is the first time that ZEMZ produces slabs of such a width.
The slabs have been manufactured at the 1150-mill of the rolling shop No. 1. (Ukrainian metal)
The Profil-Akras pipe works has presented the results of October.
In particular, pipe output totaled 12 thousand tons.
Sales reached 13.6 thousand tons, with 3.9 thousand tons exported. (Ukrainian metal)
In January-September Metalloinvest received $1.089 billion of net profit, up by 53.8% YoY.
Revenue totaled $4.556 billion, up by 52.4% YoY.
EBITDA grew by 80.8%, to $1.544 billion, with metallurgical segment of the company EBITDA up by 39.8%, to $267 million. (Ukrainian metal)
In January-October DTEK Energo purchased 595 thousand tons of coal from the state mines of the Lviv-Volyn basin, up by 9.8% YoY. According to the company press-service, in October purchases increased by 42% YoY, to 74 thousand tons. The increase has to do with the growth of loading of thermal power plants working on Ukrainian…
DetailsThe National commission of state regulation in the sphere of energy and utility services says in 2018 Ukraine will have to import 4.4 million tons of power-generating coal. According to the Ministry of energy and coal industry, the need to import 4.4 million tons of coal in 2018 corresponds to the 16.4% coal shortage in…
DetailsKazakh manufacturers have great and unrealized potential of participation in major construction projects. “For example, ArcelorMittal Temirtau produces some 400 thousand tons of rebars per year that could be used in construction. At the same time we import over 340 thousand tons of rebars. Local rebars could be used in the project of the light…
DetailsThe state enterprise Lvivugol has ordered Zakhidprom Trade LLC the delivery of self-rescuers valued at 25.5 million UAH.
According to the agreement the company has to supply 679 self-rescuers produced by Dezega (Turkey). The price of self-rescuers is 9449.92 UAH apiece.
Lvivugol bought 421 self-rescuers at the same price in August. (Ukrainian metal)
The state enterprise Toretskugol has ordered Leader Promsnab LLC the delivery of 109 tons of metal pipes valued at 5.31 million UAH. Among others the enterprise has ordered pipes with 110 mm outer diameter, as well as with 219, 273 and 325 inner diameter and 5 mm of wall thickness. There are no such pipes…
DetailsIn October Ukraine mined 2 million tons of coal, down by 25.9% YoY. According to the State Statistics Service, this does not take into account the temporarily occupied territory of Crimea and the Antiterrorist operation zone. October output increased by 4.3% MoM. In January-October Ukraine mined 20.2 million tons of coal, down by 16.4% YoY.…
DetailsIn September, according to the customs statistics, exports of Russian unalloyed semi-finished products totaled 1.04 million tons, down by 4.2% MoM and by 11.8% YoY. In August the results were up by 1.1% MoM, but down by 6.4% YoY, while in July down by 1.8% MoM and by 7.7% YoY. In January-September Russia exported 10.3…
DetailsTechnogroup has been chosen as the supplier of electric machinery of the converter gas heater for Cherepovets Iron and Steel Works converter No. 1. Under the contract the company will supply the technological equipment manufactured by WEG: the 5000 kW engine, 6 MVA phase-shifting transformer and the frequency converter. The delivery is scheduled for Q2…
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