The Lipetsk pipe company Svobodniy Sokol has purchased assets belonging to the insolvent Lipetsk Iron and Steel Works Svobodniy Sokol for 756.2 million rubles. According to the company CEO Igor Yefremov, this includes premises, metal and special machinery, lease right, patents, trade marks, railroad transport and social objects. The starting price of the lot was…Details
Kolyma gold-extracting companies have confirmed the 2017 gold output on the level of 32.7 tons.
In 2018 they have received orders for 32 tons of gold.
At the same time the real forecast for the year is 37 tons. (Ukrainian metal)
Uralmashzavod has completed the final stage of dragline 11/75 shipping.
The corresponding contract with VostokUgol (Novosibirsk region) was signed in October 2016.
The machine will be operating at the Vostochniy pit and is expected to start working in Q1. (Ukrainian metal)
In 2017 metal industry showed positive trends resulting mostly from external factors: the strengthening of the ruble, increase of the outer demand, accessibility of investments, etc. The following factors influenced the metal industry the most: – the increase of world prices by 40% on average, – and the growth of other income 2.2-fold because of…Details
Energomashspetsstal will produce a batch of working rolls for Evraz-DMZ. According to the company statement, the corresponding contract was concluded in November 2017. The total weight of the rolls will be 184.7 tons. The rolls will be used in the bar-rolling mills of Dneprovsky Iron and Steel Works. The delivery is scheduled for the second…Details
In 2017 DTEK Energo enterprises mined 22.9 million tons of gas coal, up by 8.2% YoY. According to the group statement, in December 2017 DTEK Pavlogradugol and DTEK Dobropolyeugol mined around 2 million tons of gas coal, up by 2.1% YoY. Last year DTEK Pavlogradugol extracted 20.1 million tons of coal. In 2018 DTEK Energo…Details
The state enterprise Vostochniy Mining and Processing Works has ordered the Energy Trade Group LLC the delivery of natural gas valued at 139.36 million UAH. By December the company will have supplied 14.08 million cubic meters of gas at 9900 UAH per cubic meter. The price is 1% lower than the expected cost of purchase…Details
The state enterprise Selidovugol has concluded 2 agreements on coal processing valued at 116 million UAH. This year the Central Processing Factory Rossiya and the Central Processing Factory Ukraina will process 400 thousand tons of coal each at 145 UAH per ton. The ash content in the coal after processing should not exceed 28%. In…Details
The US Department of Commerce has set the final volume of the antidumping duty on the import of carbon and alloyed steel wire rod from Ukraine. Duty for ArcelorMittal Kriviy Rih and Yenakievo Iron and Steel Works is set at 44.03%, for other Ukrainian manufacturers at 34.98%. The United States International Trade Commission has to…Details
Lermontovsky Mining and Processing Works has shipped the third wagon with 100% tungsten concentrate to its customers. Since the start of operation – in November 2017 – the company has shipped over 73 tons of concentrate. By the end of January LGIK intends to have shipped one more railroad car with 24.5 tons. After that…Details
In 2017 Rusolovo produced over 1 thousand tons of tin, up by 60% YoY. This year the company intends to increase output by 10% YoY. By 2022 the annual ore processing volume is expected to have reached 1 million tons yielding around 6.5-7 thousand tons of tin concentrate a year. Rusolovo is developing the Festivalnoye,…Details
In 2017 UralKuz increased output volumes by 28% YoY. Last year the company sold 96 thousand tons of stampings, up by 28% YoY. In December 2017 UralKuz sold over 10 thousand tons of stampings, the maximum for the past 30 years. The metal to manufacture hot-formed products is supplied by Chelyabinsk Iron and Steel Works.…Details
Zagorsky Pipe Works has become a supplier of large diameter pipes for Gazprom investment projects. The access was granted thanks to the expanded review of the company product correspondence to Gazprom standards. “We have walked a long way to get the right to supply pipes to Gazprom. Since the start of our operation we have…Details
Magnitogorsk Iron and Steel Works (MMK) occupies the highest position among steel producers in the National Ratings of Procurement Transparency in 2017 in the “Private commercial buyers” category. The awards ceremony for the highest rated organizations took place at Russian Chamber of Commerce and Industry in Moscow. Among the participants were representatives from state, regional,…Details
Toshkovskaya mine (a part of Pervomayskugol, Lugansk region) has put into operation a new long face.
Its length is 200 meters and the reserves are estimated at 150 thousand tons of coal.
With the output of 100 tons per day, the development of the long face will take 4 years. (Ukrainian metal)
Brovary Aluminum Works is the major aluminum sections manufacturer in Ukraine. At present the company can produce 20 thousand tons of sections. In 2011 the company halted operations. But when it entered the Alumeta Group, it was modernized and the operation resumed. BRAZ exports to 25 countries of Europe and the Near East. In 2016…Details
The Intradepartmental Commission on International Trade has imposed a 5-year antidumping duty of 15.2% on rebars and wire rod from Russia. The decision will come into effect from February 28. The commission has decided that in 2014-2016 because of the Russian dumping when supplying rebars and wire rod, domestic output decreased by 8.55% and the…Details
In 2017 the gold-extracting company Pavlik obtained 6.5 tons of gold in 2017, up 1.7-fold, or by 66.7%. In 2016 at the Pavlik deposit the company mined 3.9 tons of gold. This year the company intends to obtain 7 tons of gold. The gold-extracting factory at the Pavlik deposit was commissioned in August 2015. In…Details
In 2017 Amur region gold-extracting companies obtained 25.77 tons of gold, up by 15.56% YoY. Ore gold accounted for the most part of the yield – 17.53 tons, with alluvial gold at 8.24 tons. Petropavlovsk provided the most to the ore gold output last year, while the largest producer of alluvial gold was Priisk Solovievsky.…Details
The new melting furnace has been put into operation at the foundry shop of Astek-MT. The commissioning of the third furnace with the volume of 30 tons will increase the company output to 48 thousand tons of aluminum cylinder ingots per year. The new furnace has been produced taking into account all the environment protection…Details
In 2017 Ukraine mined 34.92 million tons of coal, down from 40.86 million tons in 2016. The Ministry of energy and coal industry mines obtained 4.83 million tons of coal. The mining plan (5.75 million tons) was 84.2% fulfilled. In 2016 the state mines yielded 5.79 million tons of coal with the target of 7.27…Details
In 2017 Ukraine exported 37.409 million tons of iron ore raw materials and concentrate valued at $2.588 billion, down by 4.6%, but up by 41.6% YoY respectively. According to the State Fiscal Service, iron ore share in the total export was 5.9%. The largest importer of Ukrainian iron ore raw materials last year was China…Details
The United States International Trade Commission decided to review antidumping measures on the ferrosilicomanganese imports from Ukraine and China. The Commission intends to determine whether the cancellation of the measures will result in damage to national manufacturers. In 2012 USITC retained the 163% antidumping duty on ferrosilicomanganese imports from Ukraine until November 2017. Initially these…Details
NLMK Group, an international steelmaking company, has appointed Mikhail Arkhipov Vice President for Human Resources and Management System effective as of January 10. Arkhipov will coordinate HR management practices across all production sites of NLMK Group; ensure service support to business and further development of human capital management systems. The new VP will also promote…Details