The mining industry of Tajikistan has a good mineral resource base, the volume of which is sufficient to ensure the development of the industry for the long term. Although the current indicators of the extractive industries are relatively modest, in the long term, this sector may become the leader in the Tajik economy. The enterprises…
DetailsIn January-June state coalmining enterprises decreased power-generating coal extraction by 24.5%, to 1.45 million tons. According to the Ministry of the energy and coal industry, state mines increased coking coal output by 65.5%, to 399.5 thousand tons. As a whole, state mines decreased coal extraction by 14.5%, to 1.85 million tons. In H1 coal enterprises…
DetailsIn January-May pipe exports from Russia decreased by 44% YoY, to 691 thousand tons. According to the Federal Customs Statistics, in monetary terms exports fell by 56.3%, to $619 million. Kazakhstan was the main purchaser, accounting for 28%, up by 44%. It was followed by the US (22%, up 2-fold), and Belarus (14.5%, up by…
DetailsIn May Russia decreased semi-finished steel products exports by 17.6% MoM and by 18.2% YoY, to 1.12 million tons. According to the Federal Customs Statistics, in January-May exports dropped by 5.6% YoY, to 6.42 million tons, valued at $2.798 billion, down by 18.5%. Taiwan accounted for 23% of all purchases, down by 5.8%. Average price…
DetailsIn May Russia increased scrap imports from Kazakhstan by 19% YoY, to 59 thousand tons. At the same time, in monthly terms imports fell by 31%. In January-May Russia imported 268.3 thousand tons of scrap from Kazakhstan, up by 72%. Average price in May on Russian border was $234.4 per ton. (Ukrainian metal)
DetailsAt the Magnitogorsk Iron and Steel Works (MMK) there are already 16 software robots successfully imitating the actions of real workers. By the end of 2019, the company plans to have automated a total of 32 manufacturing processes. The head of the MMK-InformService project office, Valery Rybolovlev, spoke about the company’s automation during the Digital…
DetailsMagnitogorsk Iron and Steel Works (MMK) has put into operation an automatic control system of steam boilers, which power the plant. This will increase energy efficiency, as well as provide a significant reduction in harmful emissions into the atmosphere. The introduction of the system will save more than 85 million rubles per year. The project…
DetailsMagnitogorsk Iron and Steel Works (MMK) has commissioned sinter plant No. 5, the only one of its kind in Russia. The facility has a capacity of up to 5.5 million tons of sinter per year. MMK’s new sinter plant is equipped with state-of-the-art equipment, allowing it to obtain high-quality sinter, and it operates using the…
DetailsNLMK Lipetsk, the group’s flagship production site, has begun construction and installation works on the complete overhaul of Continuous Casting Machine (CCM) No. 9, which is a milestone project in NLMK Group’s Strategy 2022. The launch of the new CCM No. 9 will conclude the blast furnace and steelmaking operations development program, aimed at boosting…
DetailsThe net profit of the Russian steelmaker Severstal fell by 11.3% YoY, to $903 million in January-June, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement. Revenue shrank by 5.1%, to $4.208 billion in the period, earnings before interest, taxes, depreciation and amortization (EBITDA) decreased by 10.4%, to $1.416 billion.…
DetailsRussian steelmaker Magnitogorsk Iron and Steel Works (MMK) reduced its steel output by 0.5% QoQ, to 3.091 million tons in April-June, while cast iron production rose by 2.3%, to 2.452 million tons, the company said in a statement. In January-June it raised its steel production by 0.4% YoY, to 6.198 million tons. Cast iron production…
DetailsFrance’s Air Liquide has started construction of a 130-million euro industrial gases plant that would supply oxygen, nitrogen, and argon to a plant of U.K.-based mining giant Evraz, which operates mainly in Russia, in the Kemerovo region. The plant will comprise two air separation units, and will be launched in 2021. It should raise power…
DetailsIn January-June Ukraine manufactured 5.189 million tons of metallurgical coke, down by 3.3% YoY. In particular, in June plants produced 769 thousand tons of coke and in May – 917 thousand tons. The decrease in manufacture is due to the drop of coking coal supplies from Russia. Moreover, some metal works shut down their capacities…
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