Volnogorsk Mining and Processing Works has ordered Lormex LLC the delivery of wooden pallets valued at 4.34 million UAH. At first the company ordered 15.5 thousand fir pallets. But later, because of the price increase on the market, the cost went up by 30%. The total amount decreased to 4.02 million UAH, with the pallets…Details
Nibulon non-self-propelled NBL-002 vessel transported the first batch of Ukrainian metal from Kamianske (Dnipropetrovsk region) to Yuzhnyi Port on April 21. Nibulon continues implementing its large-scale investment project aimed at increasing the volume of goods transported by river up to 4 million tons per year. The company plans to achieve this figure within the next…Details
Centerra Gold Inc. has agreed with the government of the Kyrgyz Republic to extend the first longstop date under the Strategic Agreement for Environmental Protection and Investment Promotion previously entered into with the government of the Kyrgyz Republic on September 11, 2017. The deadline for the implementation of the agreement with Centerra expired on April…Details
Centerra Gold Inc. called the news release issued by Chaarat Gold Holdings Limited on acquisition of Kumtor mine “market speculation”. Official comment of the company says. In March Centerra received an unsolicited, non-binding proposal from Chaarat concerning Kumtor mine located in the Kyrgyz Republic. Centerra promptly communicated to Chaarat’s advisers that it had no interest…Details
The prices of gold, silver and platinum increased, while the prices of palladium decreased in Azerbaijan on April 25, according to the data published by the Central Bank. The cost of gold increased by 1.3515 manats, to 2256.6905 manats per troy ounce compared to the price on April 24. The cost of silver increased by…Details
By the end of 2018 a document will have been prepared on the feasibility study of the sulfide phase in the operation of the Chovdar Deposit located in the Dashkasan region of Azerbaijan, Chairman of the Board of AzerGold Company Zakir Ibrahimov said. “At the moment we are producing non-ferrous and precious metals at the…Details
Chaarat Gold Holdings Limited made a proposal in relation to the potential acquisition of Kumtor mine from Centerra Gold Inc. The acquisition would form part of a proposed three-way transaction between Chaarat, Centerra and the Kyrgyz state consortium, Kyrgyzaltyn OJSC. Chaarat has proposed that Chaarat and Kyrgyzaltyn acquire Kumtor from Centerra, in an arrangement that…Details
On April 19 DTEK Dneprovskoye Mine Group yielded the 1-millionth ton of coal since the beginning of the year. Investments in the development in Q1 totaled 92.3 million UAH. Coal is mined at 5 sites. Average daily output is 9453 tons, or 598.5 tons per month. This year DTEK Dneprovskoye Mine Group intends to invest…Details
In January-March Ukraine increased pig iron exports by 63.9% YoY. “Since the start of the year pig iron exports have been demonstrating a positive dynamics, having increased by 63.9%, to 850.1 thousand tons. And exports have been growing each month: in January they totaled 233.6 thousand tons, in February – 291 thousand tons, and in…Details
In January-March Donetsk region mined 3 million tons of coal, down by 1.1% YoY. Coking coal share increased by 20.9%, while that of power-generating coal dropped by 6.3%. Coke output totaled 1.3 million tons, up by 14.6%. Steel manufacture decreased by 11.6% YoY, to 1.9 million tons, while that of rolled metal – by 17.7%,…Details
In January-March Petropavlovsk Plc decreased gold output by 5% YoY, to 112.556 thousand ounces (3.5 tons). According to the company statement, gold sales dropped by 5%, to 112.244 thousand ounces. The average price grew by 4%, to $1295 per ounce. This year the company intends to obtain 420-460 thousand ounces of gold. Petropavlovsk Plc is…Details
Denis Novozhenov, who headed Evraz Ukraine, was appointed the director of the Ural division. “The division unites Nizhniy Tagil Iron and Steel Works and Kachkanarsky Mining and Processing Works. Novozhenov will continue developing Evraz assets in Sverdlovsk region according to the group strategy”, the company said. Novozhenov has been working at Evraz since 1996. This…Details
D-Steel (Italy) specialists have started working at the only steel works in the Far East – Amurmetal. According to the plant CEO Sergey Kuznetsov, soon the company will double rolled metal output and improve rebars characteristics. “The reconstruction of the bar-rolling shop will be carried out in several stages. The first stage will increase furnace…Details
Severstal-Metiz has passed the audit of its key client – the automobile components manufacturer Sherdel Kaluga.
Following the audit the company was granted the highest rating.
Such audits are carried every three years.
Severstal-Metiz wire is used to produce metal frames of cushions and seats. (Ukrainian metal)
The department of fine grinding of the Uchaly Mining and Processing Works processing factory has modernized the fine grinding unit of the ball mill No. 5, having assembled the pump hudrocyclone unit of better capacity. The machine has been put into operation. “As a result we have increased the grinding of ores by 5-6%. This…Details
The rolling shop No. 1 of the Zlatoust Electrometallurgical Works has mastered the manufacture of stainless chrome-nickel alloy EI-878 slabs. The slabs with the size of 150×500 mm were produced at the 1150-mill of the ingot with the diameter of 630 mm. Previously the works manufactured only forgings of this alloy. The metal has successfully…Details
The government may buy Oleg Deripaska’s stake in Russian aluminum giant UC RUSAL, but the issue has not been discussed yet, Industry and Trade Denis Manturov declared on April 24. “This is not ruled out but there has been no thematic discussion of the issue yet,” he said, when asked whether the company could be…Details
Metinvest CEO Yuri Ryzhenkov believes it will be really hard to resume operation at Yenakievo Iron and Steel Works after the fire. “Frankly speaking, I am not aware of the situation at the plant. We lost control over it in March last year”, he said. Still, according to him, it is possible to resurrect the…Details
Metinvest plans this year to increase the loading of its plants situated in the city of Mariupol. “This year our Mariupol plants intend to produce over 9 million tons of pig iron and 8 million tons of steel”, the group CEO Yuri Ryzhenkov said. When the Mariupol Ilyich Iron and Steel Works finishes constructing the…Details
Metinvest will try to make the European Commission cancel the fixed duty of 60.5 euro per ton for the delivery of hot-rolled coils to the EU. According to Metinvest CEO Yuri Ryzhenkov, Mariupol Ilyich Iron and Steel Works, the capacity of which is 1-1.5 million tons of hot-rolled coils per year, used to supply some…Details
Metinvest CEO Yuri Ryzhenkov has noted the considerable improvement of the railroad connection with Mariupol. “In March there were some 20 cargo trains per day, which was good for our operation”, he said. “Taking into account reconstruction of our plants and the necessity to load the Mariupol Trade Seaport, we need some 26-28 cargo trains…Details
Metinvest, the vertically integrated steel and mining group of companies, has announced the completion of the refinancing of its $2.271-million debt, consisting of the issuance of two tranches of bonds and the amendment and restatement of its pre-export finance (PXF) facility. As a result, Metinvest issued $1.592 million in new bonds and secured $765 million…Details
Metinvest intends soon to eliminate all the claims from the Antimonopoly Committee of Ukraine to purchase Dneprodzerzhinsk By-Product Coke Plant. “We’re preparing an offer to the Committee, which will satisfy them and allow us getting the green light to buy the plant”, Metinvest CEO Yuri Ryzhenkov said. The official refuse was received in March. “There…Details
Chelyabinsk Iron and Steel Works rolled metal is used to construct the open-air cages in the first private zoological garden in Russia in the city of Nizhny Novgorod.
In particular, ChMK rebars are used when constructing the cage with the pool for the polar bear.
Rolled metal was supplied by Mechel-Service. (Ukrainian metal)