Russia’s government will not restrict sales of titanium to U.S. aircraft maker Boeing as retaliation to the latest set of U.S. sanctions, as it will hurt domestic titanium producer VSMPO-Avisma, Industry and Trade Minister Denis Manturov said. “We will not support such decisions as they will primarily hurt sales of VSMPO-Avisma. Why would we make…
DetailsIzhorsky Pipe Works will produce and supply some 18 thousand tons of large diameter pipes for the construction of pipelines, which will connect the Amur gas-processing plant with the Power of Siberia gas pipeline. According to the contract, ITZ will produce pipes with the diameter of 1420 mm and the wall thickness of 32 mm…
DetailsIn February, according to the customs statistics, Russia exported 528.4 thousand tons of unalloyed flat rolled metal, down by 25.7% MoM and by 31.1% YoY. In January the results were up by 1.6% and by 17.8% respectively. In 2 months exports totaled 1.24 million tons, down by 9.6% YoY. Turkey imported the most flat metal…
DetailsDTEK Ternovskoye Mine Group has put into operation a new, 188th long face. The volume of the industrial reserves there is over 420 thousand tons of coal. DTEK investments totaled 57 million UAH. The length of the long face is 240 meters. It will provide the miners with work till the end of the year.…
DetailsThe future of Ukrainian mining-metallurgical complex depends on the domestic market. “If the domestic market is strong, there will be construction, machine-building, car manufacture, subway construction. There will be development”, the opposition prime minister Boris Kolesnikov said during his visit to Zaporozhogneupor. According to him, the main problem of Ukrainian mining and metal complex is…
DetailsIn January-March Priisk Solovievsky mined 220 kg of gold in Amur region, down by 13.6% YoY. All the gold was obtained from the Solovievskoye deposits. This year the company intends to have mined 1 ton of gold there. Thus, so far the company annual target is 22% fulfilled. Alluvial gold extraction will start in the…
DetailsThe repair of the ore-smelting furnace No. 3 started in the smelting shop at Kola Iron and Steel Works. According to the schedule, the repair will last for 20 days. One of the main events is the replacement of over 800 square meters of roof above the furnace. Unlike the old structure, the new one…
DetailsChelyabinsk Iron and Steel Works has started producing two new types of sections – wide-flanged beams. European metal structures works and construction enterprises will be consumers of the new product. The HEA220 and HEB220 beams are manufactured according to DIN EN 10025-2. The first batch will be shipped this month. This year the company intends…
DetailsThis weekend the new education project for employees’ children has started at ArcelorMittal – School of Young Engineers. The educational program includes chemical and physical experiments, master classes in wood and metal work, electrical and robotics, and 3D-printing. Participants of the School of Young Engineers will be 320 children at the age of 9 to…
DetailsRussian aluminum giant RUSAL has suspended shipments of aluminum using facilities of container shipping company TransContainer, the operator’s CEO Pyotr Baskakov declared on April 17. “RUSAL doesn’t know yet what is happening so has suspended all shipments. We have delivered about 700 containers of the planned 3,000 per month. Export deliveries have stopped. This does…
DetailsGold output of precious metals producer Polymetal International increased by 8% YoY, to 214,000 ounces, while silver production decreased by 3%, to 6 million ounces in January-March, the company said in a statement on April 18. Total output in gold equivalent grew by 5%, to 295,000 ounces in the period. Revenue went up by 19%,…
DetailsThe prices of the main precious metals varied on April 18, according to the data published by the Central Bank. The cost of gold decreased by 1.7765 manats, to 2284.086 manats per troy ounce compared to the price on April 17. The cost of silver increased by 0.1269 manats, to 28.4471 manats per ounce. The…
DetailsIn February, according to the customs statistics, Russia exported 1.16 million tons of semi-finished non-alloyed steel products, down by 2% MoM and by 7.8% YoY. In January the results were down by 13.8%, but up by 2.4% respectively. In January-February exports reached 2.34 million tons, down by 2.9% YoY. Taiwan imported the most – 20%,…
DetailsVorkutaugol, one of the largest coalmining companies in Russia, has purchased the Ostroj mechanized anchoring for its Zapolyarnaya mine. The cost of the investment project is over 500 million rubles. The enterprise will receive 110 sections of the Czech anchoring. The first two batches were delivered to Vorkuta in April. The commissioning of the anchoring…
DetailsIn January-March Poluys increased gold output by 13% YoY, to 507 thousand ounces. At the same time the output dropped from 580 thousand ounces in October-December 2017 due to the decrease in alluvial manufacture. Ore output reached 8.821 million tons, down by 12% QoQ, but up by 2% YoY. Sales revenue totaled $608 million, down…
DetailsIn January-March Russia produced 15.4 million tons of rolled metal, up by 2% YoY. In March output grew by 12.5% MoM, but dropped by 0.3% YoY. According to the Federal Service of State Statistics, pig iron manufacture totaled 13 million tons, up by 0.2% YoY. In March output decreased by 2.2% YoY, but grew by…
DetailsThe high level of world prices allowed Severstal to demonstrate flexibility of distribution channels and increase exports in Q1. “We expect the increase of steel demand in 2018. In 2017 the demand grew by some 5% in Russia, and this year it could grow by 2.6% more, following the GDP increase and the restoration of…
DetailsIn February Russia exported 380.4 thousand tons of ferrous scrap, up by 11% MoM and by 89% YoY. In January the results were down by 45.6%, but up by 38.7% respectively. According to the customs statistics, in January-February Russia exported 723.3 thousand tons of scrap, up by 61.2% YoY, and the highest result in the…
DetailsLate on April 16 there was an explosion of an air-methane mixture at the Pokrovskaya mine in Donetsk region.
The explosion occurred at the depth of 470 meters on the second south long face.
7 miners were injured. They have been taken to the hospitals in the cities of Kramatorsk and Mirnograd. (Ukrainian metal)
Major Japanese trading houses have asked UC RUSAL to stop shipping refined aluminum and other products in light of U.S. sanctions on the world’s No. 2 producer and are scrambling to secure metal elsewhere, Reuters reported on April 17 citing industry sources. The U.S. imposed major sanctions on April 6 against seven Russian oligarchs and…
DetailsMechel has rented 10 BelAZ dump trucks within the agreement with the State Transport Leasing Company. According to Mechel statement, the total cost of the agreements is 900 million rubles ($14.5 million). The new machinery with the lifting capacity of 90 tons has already been transported to Korshunovsky Mining and Processing Works. 6 dump trucks…
DetailsIn January-March MMK produced 3.147 million tons of steel, up by 2.7% YoY, but down by 4.4% QoQ. Pig iron output grew by 1.3% YoY, but dropped by 9.4% QoQ, to 2.404 million tons. Metal sales increased by 1.6% QoQ, to 2.83 million tons. Coal concentrate manufacture at MMK-Ugol reached 666 thousand tons, down by…
DetailsThe company with deepest regrets informs, that on April 17 due to a massive traffic accident in Kriviy Rih 8 people died and 21 people got injured, among them most were the employees of PJSC ArcelorMittal Kriviy Rih. Management of PJSC ArcelorMittal Kriviy Rih took the decision to provide financial support from the company to…
DetailsUkrgazvydobuvannya has concluded 2 agreements with Interpipe Ukraine LLC for the delivery of pipes valued at 180.93 million UAH. This year the company has to supply 3588 tons of various compressor-pump pipes manufactured by Interpipe Niko Tube LLC at 49698-51552 UAH per ton. Last year Interpipe sold such pipes to Ukrgazvydobuvannya 2% cheaper, at 48419-50545…
DetailsVolyn miners have addressed the Volyn Regional State Administration chairman Alexander Savchenko asking him to help save the Novovolynskaya mine No. 9. The mine union chairman Yuri Kalistratov said that enterprise wanted to remain within the National Coal Company, as this would allow it to operate for some 13 years. “This will keep people, mining…
DetailsRepresentatives from MMK took part in the round table on “The Market of Metals and Metal Structures in the Volga and Southern Urals”. About 70 managers and specialists in metallurgy, metal trading, steel service centers (SSCs), and manufacturers of metal products and structures were invited to the two-day event organized by the Russian Union of…
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