Russian state industrial corporation Rostec has left the Tomtor rare earth metals field it has been developing jointly with ICT Group of Alexander Nesis since 2013. Rostec transferred its 25% plus one share in the field’s developer ThreeArc Mining to Cyprus-registered Zaltama Holding Ltd, affiliated with Oleg Misevra, chairman of the board of directors of…Details
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ArcelorMittal Kriviy Rih was visited by Stephen Douglas, OSCE observer (Organization for Security and Cooperation in Europe) in Ukraine. This is the first visit of a representative of the OSCE special monitoring mission to the plant. Recently, Douglas has been appointed OSCE Coordinator for Economic and Environmental Security in Dnipropetrovsk, Zaporizhzhya and Kirovograd regions. As…Details
In January-June Kurilgeo LLC, developing gold and silver deposits on the island of Urup, increased precious metals output. Thus, the company has extracted 510.6 kg of gold, up by 48% YoY. Silver output increase totaled 63%, to 2371 kg. At the same time ore mining dropped by 16%, to 298.5 thousand tons. Revenue reached 1.474…Details
Energomashspetsstal has concluded a new agreement to supply rolls to Voestalpine Stahl GmbH. For its Austrian customer EMSS will produce three supporting rolls for the cold-rolling mills. The total weight of the order is 117 tons. The rolls have to be shipped in Q2-3 2020. The companies have been cooperating since 2010. (Ukrainian metal)Details
Priargunskoye Manufacturing Mining and Chemical Enterprise named after Slavsky (PPGHO) intends to decrease the construction terms of the mine No. 6 in Zabaikalye region. Previously the company planned to start construction not earlier than in 2021 and commission it in 2023. Now it has been decided to decrease construction time 2-fold. Thus, the company intends…Details
Sinarsky Pipe Works has commissioned an automated line for pipe non-destructive control in the pipe-rolling shop No. 3. The capacity of the line is 60 pipes per hour. The line uses ultrasonic and magnetic-induction methods of control. The former allows discovering deviations in wall thickness, while the latter – the violations of the homogeneity of…Details
Severstal has started assembling the main machinery of the line to briquette gas-purifying equipment dust at Cherepovets Iron and Steel Works, which will allow re-using some 23 thousand tons of metal dust per year. The line will be commissioned until the end of the year. The design capacity will be reached in 2020. The machinery…Details
Metinvest enterprises are able to satisfy the local demand for galvanized metal with thickness less than 0.3 mm, Metinvest Holding marketing director Roman Kurashev said, commenting Russian and Chinese duties. “First of all, we will commission a modernized hot-rolling mill-1700 at Mariupol Ilyich Iron and Steel Works, and thus will be using hot-rolled metal with…Details
Zaporozhye Titanium and Magnesium Works has concluded an agreement with Alloyed Steels LLC (Dnipro) for the delivery of steel valued at 50 million UAH. The metal has to be supplied this year. The quantity and the steel grade have not been disclosed. This is the first state order for Alloyed Steels, founded on July 10.…Details
In January-July metal companies increased metal products transportation along the Dnipro River by 33.9% YoY, to 835.2 thousand tons. Combined cargo transportation grew by 31.5%, to 5.45 million tons. In 6 months metal transportation grew by 45%, to 647 thousand tons. In 2018 metal companies transported 1.29 million tons of metal along the river, up…Details
Because of a malfunction of pump machinery one of the horizons at the Novodruzheskaya mine of the state enterprise Lisichanskugol has been flooded. The breakdown occurred on August 5. The pumping of water from the horizon of 840 meters has stopped. Each horizon should have 2 pump machines, but because of underfinancing the mine uses…Details
In January-July Ukraine increased semi-finished steel products exports by 6.6% YoY, to 4.36 million tons valued at $1.84 billion, down by 6.3%. Carbon steel semi-finished products exports totaled 4.32 million tons for $1.82 billion. The main customers were Italy (31%), Egypt (15.5%) and Algeria (8.2%). In 7 months Ukraine imported 32.2 thousand tons steel semis…Details
In January-July Ukraine imported 651.3 thousand tons of coke valued at $200.7 million. According to the State Fiscal Service, the main suppliers were Russia (84.4%), Poland (10%) and Egypt (3.7%). Coke exports reached 6.9 thousand tons valued at $1.6 million. The main customers were Belarus (22.4%), Romania (20.2%) and Moldova (17.7%). In July imports totaled…Details