In January-October Russia imported 5.555 million tons of ferrous metals, up by 1.49-fold YoY. Far foreign countries supplied 1.967 million tons, while CIS countries – 3.588 million tons, up from 1.296 and 2.438 million tons in 10 months of 2016 respectively. Imports of ferrous metals not counting pig iron, ferroalloys, waste and scrap also grew…Details
ArcelorMittal Kriviy Rih has purchased 4 large BelAZ dump trucks valued at $24 million. According to the company statement, the lifting capacity of each machine is 136 tons. Having made the purchase the company has renewed its large machinery fleet by half. “Regular arrivals of new trucks allow us to considerably increase output”, the company…Details
In January-November Interpipe Steel produced 779 thousand tons of steel, up by 36.2% YoY.
In November steel output totaled 78 thousand tons as opposed to 52 thousand tons in October.
In 2016 the company produced 614 thousand tons of steel, up by 2% YoY. (Ukrainian metal)
In January-November Amur region obtained 24395 kg of gold, up by 18% YoY, or by 3682 kg. Ore gold accounts for 16215 kg, and alluvial gold – 8180 kg. Some 50 companies extract gold in the region, with the main contributors being Petropavlovsk, Priamurye Group of Companies and Priisk Solovievsky. This year Petropavlovsk intends to…Details
In January-October Kirov Non-Ferrous Metals Processing Works increased rolled metal output by 5% YoY.
In particular, rolled copper manufacture went up by 13.5%, and copper-nickel rolled metal – by 45%.
Sheet manufacture demonstrated the largest growth among product types: 14.4% YoY, with copper sheet up by 24.4%. Belt output increased by 5%. (Ukrainian metal)
This year Magadan region has to obtain 30.9 tons of gold. But it has already exceeded this target, having yielded 31.2 tons, up by 4.6 tons YoY. “With the annual target of 30.9 tons of gold, the region has already obtained 31.2 tons. By the end of the year the results will grow even more”,…Details
In 2018 pipe consumption in Russia will increase by 2%. According to Igor Malyshev, director of the Pipe industry development fund, increase in OCTG segment will be 3%, oil and gas pipes – 5%, industrial pipes – 6% and construction and housing pipes – 1%. At the same time large diameter pipes consumption is expected…Details
Russia’s gold output grew by about 8% YoY, to 235.999 tons in January-September, the Union of Gold Producers of Russia said in a statement on December 14. Miner gold production rose by 7%, to 188.763 tons, byproduct production by 14%, to 12.946 tons, and scrap gold output rose by 3%, to 27.203 tons. Silver output…Details
NLMK Engineering, one of the leading design institutes in the Russian steel sector, and China’s leading state engineering company WISDRI Engineering & Research Incorporation Limited, have signed a master cooperation agreement. The term of the agreement is three years. It covers collaboration on investment projects by NLMK Group and other steel companies. The agreement was…Details
In January-November Chukotka Autonomous District mined 406 thousand tons of coal, up 1.8-fold YoY. Only two companies mine for coal in the region. The Shakhta Ugolnaya company, developing the Anadyr deposits, mined 183 thousand tons of coal, down by 19% YoY. At the same time Beringpromugol LLC, developing the Fandyushkinskoye field deposits since December 2016,…Details
Mechel-Service has supplied 500 tons of rebars for the reconstruction of the ship-launching machinery at the Sredne-Nevsky shipbuilding plant. The reconstruction will allow the company to launch ships with the length of 100 m. For the reconstruction of the machinery Mechel-Service has supplied SNS3 rebars of 25G2S and A500S grades manufactured by Chelyabinsk Iron and…Details
In November StalTrans sold 3610 tons of metal wares, up by 0.28% MoM and by 53.4% YoY. In January-November sales reached 41915 tons, up by 16.5% YoY. Under the current conditions of the metal wares market, the sales stable growth is the result of the strategy to increase sales productability: concluding deals on the basis…Details
Trubodetal has become the winner of the “100 best products of Russia” award. The company product – drop forged tee pipe for the Portovaya compressor station – has been awarded the “Golden hundred” diploma and the “Novelty of the year” status. The product with the diameter of 219.1 mm and the wall thickness of 28…Details
DTEK Trading LLC and DTEK Dobropolyeugol will each transfer 150 million UAH.
The corresponding agreements have to be concluded by March 5, 2018. (Ukrainian metal)
Norilsk Nickel plans to invest 250 billion rubles in projects aimed at improving the ecology of its manufacture. “Of them the sulfur project will cost over 160 billion rubles. The rest is other environment-protection projects dealing with waste, gases, etc.”, the company vice-president Elena Bezdenezhnykh said. The primary goal for 2018 is the regulation of…Details
At PJSC ArcelorMittal Kriviy Rih the meeting of Club of “green economy” leading companies was held with the participation of Wolfgang Messinger, General Consul of the Federal Republic of Germany. The club unites scientific institutions, major industrial and agricultural companies of Dnipropetrovsk region, which implement projects on energy saving technologies and responsible energy use. The…Details
The Department of the State architecture-construction inspection in the Zaporozhye region has commissioned the main ventilation unit of the northern ventilation shaft at the Ekspluatatsionnaya mine. Zaporozhye Iron Ore Complex ordered the construction. The total area of the main ventilation unit building is 985.3 square meters, and its capacity is 500 cubic meters per second.…Details
In November Dneprospetsstal produced 20153 tons of steel, down by 11.7% MoM. Rolled metal output decreased by 6.9%, to 13495 tons. The consolidated cost of products manufactured in November totaled 736289 thousand UAH, down by 3.1% YoY. In January-November the company produced 235506 tons of steel and 154739 tons of rolled metal, all up by…Details
In January-November Russian seaports increased throughput by 9% YoY, to 716.7 million tons.
According to the Association of Sea Trade Ports, coal throughput went up by 13.3% YoY, to 141.1 million tons, while that of ferrous metals dropped by 1.6%, to 25.5 million tons. (Ukrainian metal)
In January-November Zabaykalye region produced 1338 tons of tungsten concentrate, down by 16% YoY. In November output totaled 91 tons. The decrease is explained by the drop of tungsten content in ore. In 11 months of 2016 the region obtained 1596 tons of concentrate. At present two companies mine for tungsten ore in the region:…Details
In January-November the Amur artel, one of the Far Eastern enterprises of Russkaya Platina, obtained 1274 kg of platinum.
Amur Zoloto yielded 977.6 kg of gold and 633.8 kg of silver.
Alluvial gold sites of Buor and Ulakhan obtained 457.4 kg of gold.
Total gold output in 11 months reached 1444.6 kg. (Ukrainian metal)
RUSAL starts its data center project development at its Nadvoitsy Aluminum Smelter in the Republic of Karelia. The data center will focus on providing IT services, including solutions for big data analysis, machine learning, and cryptocurrency mining-related operations. AA!LAB company has become the first project implementation partner to sign, alongside RUSAL, the Memorandum of Understanding…Details
Magnitogorsk Iron and Steel Works board of directors has approved of the investment program for MMK-Metiz.
Capital investments will total 3.8 billion rubles. The program is intended to run through 2020.
MMK-Metiz was created in 2003. (Ukrainian metal)
In 2017 TMK intends to sell 3.8 million tons of pipes and in 2018 – 4.3 million tons.
According to the company first deputy CEO Vyacheslav Popov, last year TMK sold 3.5 million tons of pipes. (Ukrainian metal)
Evraz has transferred 94.96% of Evraz Yuzhkoks shares, previously owned by Palmrose B. V,. to Dashuria.
Both Dashuria and Palmrose are Evraz daughter companies.
In 2016 Evraz Yuzhkoks received 61.1397 million UAH of net profit, down 3.5-fold YoY, while its net income rose by 11.22%, to 2.763 billion UAH. (Ukrainian metal)
Since the beginning of the year gold output in Tajikistan increased by 17%, that of silver – almost 2-fold. In January-October gold output went up by 16.4% YoY, and silver – by 89.7%, according to the Ministry of industry and new technologies. In 2016 Tajikistan produced the record volume of precious metals: 5 tons of…Details