Ukraine: AMKR purchases new motor vehicles to transport personnel and potable water

Starting from this week, new vehicle KrAZ-63221 that will deliver ArcelorMittal Kriviy Rih miners to workplaces at open pits and remote dumps has been released on the roads. In total, 5 such vehicles are used for these purposes in Mining Department, and the entire fleet of crew change vehicles at the plant amounts to 26…

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Russia: VEB.RF, Sberbank and Gazprombank to cover 70% of $3 billion in Udokan project

Russian state banks VEB.RF, Gazprombank, and Sberbank will provide financing to Baikal Mining Company belonging to billionaire Alisher Usmanov that would cover up to 70% of a $2.9-billion Udokan copper deposit, Baikal Mining Company said in a statement. The shareholders of Baikal Mining Company have already invested 28.5 billion rubles and they will cover at…

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Ukraine: Interpipe Steel output down in January 2019

In January Interpipe Steel manufactured 71 thousand tons of steel, down by 5.3% YoY.

In December 2018 the output was 82 thousand tons.

In 2018 Interpipe Steel produced 973.8 thousand tons of round billets, up by 15% YoY. (Ukrainian metal)

Russia: Rusal replaces board of directors

Rusal has replaced the members of its board of directors, On February 14, the executive director Sergey Popov resigned, having been elected to a governmental office. Yevgeniy Kuryanov has been appointed in his stead. From February 14, Maxim Poletayev, Randolf Reinolds, Kevin Parker, Nicolas Jordan and Christopher Burnam were appointed to the board of directors…

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Russia: Nornickel buying machinery for Kola

In 2019 Norilsk Nickel will invest around 2.8 billion rubles in buying new machinery and equipment for Kola Iron and Steel Company.

Nornickel intends to buy 1467 pieces of various machines.

Severniy Mine will see a lot of its outdated machinery replaced, including underground dump trucks, loading machines, self-propelled drilling machines, etc. (Ukrainian metal)

Russia: Severstal-Balakovo to produce briquettes

Severstal – Bar Works Balakovo is constructing a line to produce briquettes of steel and pig iron swarf.

Investments in the construction total some 145 million rubles.

The manufacture of the first briquettes is scheduled for late March.

Machinery was delivered by ATM, Austria. (Ukrainian metal)

Ukraine: DSS output down in January 2019

In January Dneprospetsstal produced 14.548 thousand tons of steel, down by 19.9% MoM.

Rolled metal output dropped by 3.8%, to 11.441 thousand tons.

The total cost of products manufactured in January was 759.915 million UAH, down by 1.1%. (Ukrainian metal)

Russia: KGOK modernizes quarry machine monitoring system

Korshunovsky Mining and Processing Works has put into operation a renewed system of monitoring the quarry transport named Karier (Quarry). The system allows for more efficient control of the main indexes of the quarry machine fleet operation: lifting capacity, delay time, fuel consumption, etc. The system has been operating since 2007. The modernization of the…

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Ukraine: Ukrzaliznytsia repeatedly auctioning scrap

Ukrzaliznytsia (Ukrainian Railways) has once again announced a tender to sell scrap.

This is 16.059 thousand tons of bulk scrap No. 510 (rail scrap) with the starting price of 181.196 million UAH.

The auction will take place on March 4. (Ukrainian metal)