Magnitogorsk Iron and Steel Works (MMK) has commissioned sinter machine No. 1, which has produced the first sinter for the blast furnace shop, at the construction site of sinter plant No. 5. The launch was attended by the Chairman of the Board of Directors of MMK Victor Rashnikov and General Director Pavel Shilyaev. “The construction…Details
This year the Brindakit LLC, developing alluvial gold sites in the Republic of Sakha (Yakutia), has decreased its annual target by 9.8% YoY. In particular, this year the enterprise intends to extract 92 kg of gold, while last year the output was 102 kg. The decrease has to do with the thinning of alluvial nodes.…Details
PJSC Magnitogorsk Iron and Steel Works (MMK) has shipped the first batch of rolled products with new consumer properties. Improved quality characteristics of hot-rolled sheet metal are obtained through the use of a unique technology, which cleans scale from the surface of the sheet. The emergence of new steel products with unique quality properties was…Details
A cave-in occurred at the Pokrovskoye Mine Group.
As a result, one miner perished and two were injured.
The accident happened in the ventilation shaft.
Pokrovskoye Mine Group is the largest miner of coking coal in Ukraine. (Ukrainian metal)
An Association of precious metals manufacturers has been created. The association was created on the initiative of the Tau-Ken Samruk company. At present 7 companies are members of the association. Association of mining and metallurgical enterprises has been operating for over 10 years in Kazakhstan. Tau-Ken Samruk, as well as major gold-extracting enterprises are also…Details
Karelsky Okatysh has received a new TEM18DM locomotive. This is the second environment-friendly railroad machine at the enterprise. The locomotive will deliver cargo to the Tovarnaya station. With the 720 kW engine the locomotive can transport up to 5 thousand tons of cargo, while saving some 10% of the fuel. At present Karelsky Okatysh operates…Details
In January-March, Ukraine imported $6.9 million worth of gold, silver and platinum. According to the State Fiscal Service, gold imports reached $4.7 million, silver – $1.2 million and platinum – $1 million. The largest supplier of gold was Switzerland. In 3 month it supplied $4.1 million worth of gold. Germany supplied the most platinum –…Details
In January-March, the share of coal imports from Russia reached 64.45%. According to the State Fiscal Service, the value of the coal imported was $476.9 million. US supplied $212.5 million worth of coal (28.72%) and Kazakhstan – $31 million (4.2%). At the same time, Ukraine purchased $19.5 million worth of coal from other countries (2.63%).…Details
Since the start of the year, the Stepnoy Open Pit has mined 1.125 million tons of coal, up by 13% YoY. The pit extracts D-grade coal. It is then shipped to power companies and housing utilities enterprises of Russia. Last year the pit yielded over 4.2 million tons of coal, processing some 3.4 million tons.…Details
Izhorsky Pipe Works has successfully passed an audit of its quality management system correspondence to the API standard.
The certificate, received by the company, allows marking its products with an API logo.
The document also confirms the high level of the ITZ QMS, which covers all the stages of large diameter pipes manufacture. (Ukrainian metal)
Following a tender JSC Centerenergo has ordered Aktan-Dnipro LLC the delivery of boiler pipes valued at 24.9 million UAH. Until the end of 2020 the company has to supply 157 tons of pipes according to TГ 14-3-460:2009 for 3 heat and power plants. The price of the pipes is 128-349 thousand UAH per ton depending…Details
In January-March, Ukraine exported 1.845 million tons of semi-finished products, up by 11.1% YoY. Imports grew by 24.9%, to 14.9 thousand tons. Earlier the State Fiscal Service reported, that in Q1 exports of semi-finished products of carbon steel increased by 13.5% YoY, to 1.829 million tons, valued at $765 million, up by 4.3%. Italy (27.21%),…Details
In March, Kazakhstan produced 0.673 million tons of steel, up by 56.4% YoY. In Q1 steel output dropped by 2.7% YoY, to 1.135 million tons. According to the Ministry of National Economy, rolled metal output dropped by 22.9%, to 0.208 million tons in March and by 48%, to 0.391 million tons in Q1. Ferroalloys manufacturers…Details
In 2019 Orion Group+ LLC, developing alluvial sites in the Republic of Sakha (Yakutia), intends to extract 90 kg of gold. The company is operating at the Nizhnyaya Jelinda river site. In 2018 because of the problems with financing the company started development later than expected and extracted only 54 kg of gold, or 60%…Details
In January-March, Amur region extracted 3966.9 kg of gold, down by 6.5% YoY. 3 Petropavlovsk enterprises provided for the most output. Thus, Malomyr mine extracted 1383.8 kg of gold, up by 60%. Albyn saw the growth of 5%, to 1284 kg. But Pokrovskiy mine decreased output by 51%, to 681.4 kg due to the depletion…Details
In March, Priisk Solovievskiy extracted 54.2 kg of ore gold.
Since the start of the year the output totaled 154.4 kg, down by 29.8% YoY.
At present the enterprise is operating at the Solovievskoye gold ore deposit.
Alluvial sites development will start in May. (Ukrainian metal)
NLMK Group has published today its preliminary Q1 2019 operating results. Steel output decreased by 4% QoQ, to 4.2 million tons due to the overhauls at the Russian sites and seasonal factors. A 3% YoY steel output reduction is also due to the overhauls in Q1. Steel capacity utilization remained high at 96% (-2%). Sales…Details
Precious metal prices decreased in Azerbaijan on April 15 compare to April 12. The price of gold fell by 5.984 manats, to 2,191.9715 manats per ounce. The price of silver went down by 0.0263 manats, to 25.4468 manats per ounce. The price of platinum dropped by 6.5705 manats, to 1,513.3995 manats. And the price of…Details
The Ukrainian company Tekhnomash is interested in supplying mining equipment to the Azerbaijani market, Azerbaijan Export and Investment Promotion Organization (AZPROMO) reported. The company is engaged in the production of magnetic declarators, tippers, cargo and passenger railcars, closures, classifiers and other equipment, as well as spare parts for them. Currently, Tekhnomash exports its products to…Details
The price of one ounce of gold decreased by 5.9245 manats or by 0.27% last week in Azerbaijan. The average price of one ounce of gold stood at 2,209.4917 manats. The price of one ounce of silver dropped by 0.2679 manats or by 1.04%, to 25.7731 manats. The price of one ounce of platinum fell…Details
Lydian International Limited announced the Administrative Court of Armenia ruled in favor of Lydian and instructed the Armenian Police to remove trespassers and their property from the company’s Amulsar Project site and assure Lydian free passage to Amulsar. On September 20, 2018, Lydian filed an appeal with the Administrative Court of Armenia to have the…Details
In January-March, Ukrainian metal companies received 2.37 million tons of coke, down by 7% YoY. In particular, domestically produced coke accounted for 2.2 million tons, down by 5%, and imported – 170 thousand tons, down by 26%. The share of the imported coke was 7.2%. In March metal companies received 828 thousand tons of coke,…Details
In January-March by-product coke plants of Ukraine imported 2.93 million tons of coking coal and coal concentrate, up by 1% YoY, to 1.05 million tons. Local coking coal deliveries dropped by 13%, to 630 thousand tons, with 190 thousand tons supplied in March (on par with February). All in all, in Q1 plants received 2.56…Details
In January Metinvest B. V. (the Netherlands) decreased revenue by 7%, or by $68 million MoM, to $900 million. EBITDA grew by 22.3%, to $126 million. The metal division EBITDA dropped by $9 million, to $18 million, while that of mining division – by $14 million, to $99 million. Consolidated revenue of the metal division…Details