Beloretsk Iron and Steel Works and the government of the Bashkortostan Republic have concluded an investment agreement on tax preferences for the development of the investment project on the manufacture of multi-thread steel ropes at BMK. The preferences will be provided from 2019 till 2021. And the volume of funds freed from taxes is over…Details
Tulachermet-Steel has commenced the commissioning works at the 9501 rolling mill. The assembly of the equipment started in August 2017. At present the assembly is 97% complete. The construction of the integrated foundry-rolling complex using the converter technology began in 2013. The first stage presupposes the manufacture of 1.7 million tons of sections and bars…Details
Residents of Oruktu village oppose development of Solomo gold deposit. According to them, in 2015 the company KGM Ltd. received a license to develop the field. At the same time, it pledged to pay 300,000 soms a month as a social package. However, the payments ceased after eight months. As of today, the company owes…Details
The activist of the newly created Independent Primary Union Organization of Pavlogradugol Andrei Karpenko, who has recently gone on a hungry strike, happened to be a fugitive from the uncontrolled territory of Lugansk region. According to the law-enforcing services, prior to moving to Pavlograd he has been working at a mine, now seized by the…Details
In 2017 Petropavlovsk Plc produced 13.62 tons of ore gold in Amur region, or 53% of the total output.
The output increased by 9.7% YoY, or by 1.2 tons. The increase was provided by 3 out of 4 company mines: Pioner, Albyn and Malomyr. Pokrovsky mine decreased output. (Ukrainian metal)
Kanchalano-Amguemskaya Ploschad LLC has begun industrial gold-extracting at the Gorniy site of the Zhilnoye deposits in Chukotka. The first ore has been sent to the gold-extracting factory of the Valunisty mine, and the first ingots are expected this month. By the end of the second quarter the company intends to have obtained 505 kg of…Details
Serebro Magadana, a part of Polymetal, has started processing ore from the Verkhne-Menkeche deposits. So far the gold-extracting factory has received 350 tons of ore. This ore contains 900-1600 grams of silver per ton, as well as lead, zinc and some other minerals. There is no gold in it. The factory plans to process 45…Details
Magnitogorsk Iron and Steel Works has concluded an investment contract with Danieli & Officine Meccaniche S.p.A. on the modernization of the 170 two-thread mill in the bar shop. The price of the contract is 5.5 million euros. The project is expected to be concluded in 2019. The project presupposes the modernization of the cooling rolling…Details
Chelyabinsk Iron and Steel Works has produced rails for the reconstruction of railroads near the Baikonur and Plesetsk cosmodromes.
The products have been shipped to one of the Roskosmos enterprises.
So far around 1 thousand tons of R65 rails have been supplied. The deliveries will continue this year. (Ukrainian metal)
Severstal has started delivering ArmaNorma (A600C) rebars for the construction of the Akkuyu nuclear power plant in Turkey. In December 2017 the group shipped the first batch of rebars weighing 400 tons for the foundation of the power plant. Some 1.6 thousand tons of rebars more will be delivered in early 2018. “Participation in such…Details
Russian gold producer Polyus has cancelled an agreement to sell a 15% stake to China’s Fosun, the company said in a statement on January 15. “Polyus, the largest gold producer in Russia, notes the announcement made earlier by Polyus Gold International Limited that the agreement to sell 12,561,868 of the ordinary shares in the company…Details
Energomashspetsstal has produced a batch of rolls for Azovstal Iron and Steel Works. According to the company statement, the rolls have been mechanically treated and shipped to the customer. The total weight of the batch is 315.18 tons. The rolls will be used in the bar manufacture. In 2016 EMSS received 1.497 billion UAH of…Details
NLMK-SAP Innovations Lab together with the National Center of Internet of Things (NCIT) have developed a pilot 3D positioning system for shop-floor employees of hot-dip galvanizing line No.1 at NLMK Group’s Lipetsk site. The system enables real-time tracking and analysis of equipment operating mode changes and employee positioning. The tracking information, amassed in a database,…Details
Uzbek President Shavkat Mirziyoyev has approved the plan of measures in connection with the construction of a mining and metallurgical complex based on the Tebinbulak deposit. The new complex will be built by 2024. Its capacity will be up to 1 million tons of steel products per year. The country’s government approved a preliminary feasibility…Details
Belarus Iron and Steel Works (BMZ trademark) is among the first in the CIS to get an IATF 16949:2016 certificate, the BMZ press service reported. The certificate was issued by TUV Rheinland Group (Cologne, Germany), a leading provider of independent audit services, following an audit conducted at BMZ in December 2017. The document certifies the…Details
In 2017 Mariupol Ilyich Iron and Steel Works increased rolled metal output by 12.7% YoY, to 2.785 million tons. According to the company statement, steel manufacture grew by 13.1%, to 3.096 million tons, and pig iron – by 9.1%, to 4.164 million tons. In December 2017 the company produced 260 thousand tons of rolled metal,…Details
Rosatom has decided to unite on the basis of its trading house the Tekhsnabexport company (Tenex, which exports processed uranium to NPPs) and its foreign trading in natural uranium, previously conducted by Uranium One. The decision was taken in late 2017. At the same time last summer U1 intended to actively develop its own trading,…Details
KMZ has won a tender to supply pig iron to Minsk Tractor Works (Belarus), one of the world’s leading manufacturers of tractors.
In Q1 the company will ship 9 thousand tons of pig iron castings to the Belarus works.
The companies have been cooperating for a number of years. (Ukrainian metal)
The foundry-rolling complex of Vyksa Iron and Steel Works has produced 10 million tons of steel since its commissioning. The complex employs some 1 thousand people. The manufacture of its own steel coils allows the complex to effectively manage expenses, quickly respond to market needs and decrease the time of delivery to customers. This year…Details
In December 2017 DTEK Energo increased coal deliveries to its thermal power plants by 4.5% MoM, to 1.9 million tons.
According to the company statement, last month DTEK supplied 1.5 million tons of gas coal, on the level of November 2017.
Anthracite imports increased by 21.8%, to 395 thousand tons. (Ukrainian metal)
Interpipe has certified its premium tight gas threaded joints UPJ-M for the correspondence to ISO 13679 CAL IV. “The certificate confirms the correspondence of the joints to the highest level of requirements. The tests have been carried out in Italy”, the company said in a statement. The UPJ-M joints can be used in the most…Details
Volnogorsk Mining and Processing Works has announced the purchase of 14 hinged dump trucks with the lifting capacity of 55 tons at the expected price of 400 million UAH. On December 20, 2017 the company announced the purchase of 7 dump trucks at the price of 200 million UAH, and on January 4 – 7…Details
Energomashspetsstal has finished the shipping of bulk machinery to ISD Dunaferr (Hungary). In particular, the company has shipped 10 slag ladles with the volume of 11 and 16 cubic meters. The total weight of the ladles was 200.5 tons. The delivery is performed under the contract signed in August 2017. According to the agreement, the…Details
PAO Severstal, one of the world’s leading vertically integrated steelmaking and mining companies, has launched a production line for polymer-coated rolled steel products at Cherepovets Steel Mill Metal Coating Workshop number 3 (MCW No. 3). The launch ceremony was attended by Alexey Mordashov, Chairman of Severstal’s board of directors, Alexander Shevelev, CEO of Severstal, Oleg…Details