Volnogorsk Mining and Processing Works has ordered Energy Trade Group LLC the supply of natural gas valued at 149.01 million UAH. This year the company will supply 15.6 million cubic meters of gas valued at 9552 UAH per 1 thousand cubic meters. The price of the agreement is 0.4% below the expected cost of the…Details
This year steel consumption in EU is expected to grow by 1.9% YoY, just like last year. According to Eurofer, in 2019 growth demand for steel will drop to 1.4%. In 2017 steel imports to EU decreased by 1% because of the trade protection measures. Thus, imports from Ukraine dropped by 31%, from Russia –…Details
In 2017 Severstal delivered some 180 thousand tons of rolled metal to Russian manufacturers of household appliances and industrial packaging, up by 10% YoY. The increase has to do with the growth of the client base and consumption. “Deliveries to Russian manufacturers of household appliances increased last year by 33%, to 58 thousand tons. Having…Details
In 2017 Seaport St Petersburg handled 6.9 million tons of cargo, up by 4% YoY.
According to the port press service, ferrous metals throughput increased by 20%, to 3.6 million tons, while that of non-ferrous metals dropped by 9%, to 1.4 million tons. (Ukrainian metal)
ChTPZ has become the only supplier of low-temperature large diameter pipes for the construction of the Nord Stream-2 gas pipeline. In January-May ChTPZ will ship some 3 thousand tons of LDP to Nord Stream 2 AG. All the pipes will be made of low temperature steel, thus the operating temperature could be as low as…Details
Beloretsk Iron and Steel Works has been named a “Perfect supplier” by Autopribor, one of the largest spare parts for automobiles manufacturers. The highest supplier category has been granted to BMK for operation in Q4 2017. The companies have been cooperating for a number of years. “The title of the perfect supplier is a high…Details
Chelyabinsk Iron and Steel Works has mastered the manufacture of beams with corrugated vertical wall. Now ChMK can produce any type of beam available on the market. ChMK manufactures corrugated beams at the new line in the rolling shop. The capacity of the line is 400 tons per months. Corrugated beams are widely used in…Details
In 2017 Severstal purchased goods and services from Vologda region companies valued at 19.9 billion rubles, up by 4.5 billion rubles YoY. Small and medium business accounted for 10.5 billion rubles. The share of Vologda region in Severstal purchases increased last year from 13% to 16%. The growth is connected with the large-scale investment program…Details
Gold ore concentrate from Altynken field is transported to Kazakhstan, not to China, Almaz Alimbekov, Chairman of the Board of Kyrgyzaltyn OJSC said at a meeting with parliament deputy Akylbek Zhamangulov. According to him, in 2016 deputies of the parliamentary committee on the fuel, energy complex and subsoil use recommended Kyrgyzaltyn and Altynken to refuse…Details
Evraz NTMK is getting ready to put its blast furnace No. 7 in operation. All the construction work has been performed and the machinery and equipment and being assembled. The furnace is scheduled to be blown in late February. At present the company is operating two blast furnaces (Nos. 5 and 6) with the volume…Details
The unscheduled check has revealed that the ArcelorMittal Temirtau combined heat and power plant No. 2 has not provided the city of Temirtau with the required volume of heating. “Since the beginning of the heating season the CHPP No. 2 has not been keeping the necessary temperature of the heating carriers stipulated by the plan.…Details
In 2017 Shubarcol Komir mined 10.45 million tons of coal, including 3.3 million tons for the household needs of the population, up by 100 thousand tons YoY. The company is the main supplier of social coal. One third of coal for household needs is produced there. This year Shubarcol intends to mine some 12 million…Details
In 2017 Khabarovsk region increased gold output by 18.6% YoY, to 23.147 tons, which was a historic record. The ore gold output was 19.114 tons. This year the output is expected to increase by 1.3% YoY, to 23.45 tons. At the same time, gold manufacture in Buryatia dropped last year by almost 4%, to 5.678…Details
In 2017 MMK increased its net profit by 7% YoY, to $1.189 billion. According to the company statement, its revenue grew by 34%, to $7.546 billion, with EBITDA up by 3.9%, to $2.032 billion. Last year MMK produced 12.86 million tons of steel, 10.163 million tons of pig iron and 11.333 million tons of rolled…Details
In 2017 Dneprospetsstal increased steel output by 9.1% YoY, to 258.5 thousand tons.
According to the company statement, rolled metal manufacture grew by 11.8%, to 169.2 thousand tons.
The cost of the products manufactured last year totaled 8.187 billion UAH, up by 30.1% YoY. (Ukrainian metal)
In January Yuzhniy Mining and Processing Works increased concentrate output by 0.6% YoY, to 1.053 million tons. According to the company statement, sinter manufacture dropped by 35.5%, to 131.4 thousand tons. The decrease is the result of the market situation change. In 2017 UGOK produced 12.27 million tons of concentrate and 1.858 million tons of…Details
The mining company Kun-Manye, a daughter enterprise of Amur Minerals Corporation, plans in 2019 to design and in 2022 to construct a metal works at the copper-nickel deposits in Amur region. The projected capacity of the works is 6 million tons of ore per year. For such a major project the company will have to…Details
By 2025 Kamchatka region intends to have increased gold output to 17.5 tons, or up 2.6-fold compared with 2017. New enterprises to be commissioned in the region will mostly boost the output. In particular, in Q1 the first gold-extracting line with the capacity of 2 tons will be put into operation at the Ozernovsky GOK.…Details
In 2018 Irkutsk Aluminum Works will be the first aluminum producer in Siberia to pass the ASI certification. Not only the manufacturing process at the works will be certified, but the complete manufacturing chain starting from obtaining and preparing raw materials as well. Rusal plans that its Bauxite of Timan and Ural Aluminum Works will…Details
The Zapolyarny subsidiary of Norilsk Nickel will this year receive 55 units of special mining machinery valued at 1.6 billion rubles. The largest number of machines (17) will be sent to the Komsomolsky mine, 13 units – to Taymyrsky mine, 10 – to Mayak, 7 – to Oktyabrskiy, 6 – to Kayerkanskiy and 2 –…Details
NLMK-Kaluga Electrometallurgical Works has started selling a new type of metal for construction – 65 mm channel. The first batch of 2.6 thousand tons has been successfully shipped to customers in the Central Federal District. The mastering of the new product allowed the company to enter the growing segment of the market, the import share…Details
Energomashspetsstal has finished shipping machinery to Bharat Heavy Electrical Limited.
According to the company press service, under the contract it has produced 3 turbine rotors of low pressure.
The first rotor was shipped in December 2017, and the other two – in January.
The total weight of the machinery is 200 tons. (Ukrainian metal)
The board of directors of Russia’s Magnitogorsk Iron and Steel Works (MMK) has recommended paying 0.806 rubles per common share in dividends for 2017, the company said in a statement on February 6. In 2017 the company paid 0.869 rubles per share in dividends for January-June and 1.111 rubles per share, or a total of…Details
Uzbekistan plans to increase coal production to 11.1 million tons by 2021 to meet the needs of the population and industry. The Uzbek Ministry of Economy announced the approval of the Program for the further development and modernization of the coal Industry for 2017-2021. Given that in 2017 the volume of coal mining amounted to…Details