In January-August Zaporozhye Iron Ore Complex produced 2.847 million tons of iron ore, down by 2.1% YoY. Average iron content in the ore was 61.22%, up by 1.2% from the target. The company sold 2.877 million tons of ore (97.4%). In August ZZhRK mined 403.2 thousand tons of ore (up by 0.05% from the target)…
DetailsBolotbek Idirisov became the new general manager of Kumtor Gold Company, press service of Kyrgyzaltyn reported. According to it, three Kyrgyzstanis will be among the managers of Kumtor enterprise. Bolotbek Idirisov, who became general manager of Kumtor Gold Company, is one of them. “Bolotbek Idirisov started working at Kumtor in 1995 as a mining surveyor.…
DetailsRussian Platinum group of companies plans to start production of ore at the copper, nickel and platinum-group metals fields Norilsk-1 and Chernogorskoye in 2020, earlier than 2023 and 2022, respectively, envisaged by licenses for the fields. A representative of the Federal Mineral Resources Agency said the company had not requested changes in deadlines for launches…
DetailsLvivugol welcomes the increase of coal price for power-generating companies and combined heat and power plants. “I am sure that coal mined in Ukraine should not cost less than that purchased in other countries. If the difference in prices is removed, this will provide for the stable development of the mining industry and would stimulate…
DetailsArcelorMittal Kriviy Rih plans to have finished construction of the coke battery No. 5 by H1 2018. According to the project and program director of the investment and engineering department Yegor Klimenko, the cost of the project to reconstruct the coke battery No. 6 begun in July is $128 million, and together with coke battery…
DetailsOne more license has been given in the Republic of Khakasia to conduct activities connected with ferrous and non-ferrous scrap. The company to receive the license was Sorsk Mining and Processing Works. Now SGOK may procure, store, process and sell such a scrap. At present there are 43 licenses to conduct this activity in the…
DetailsOver 800 tons of Evraz rails have been shipped to the city of Nizhniy Novgorod to construct the railroad to the new subway station of Strelka. For this order Evraz ZSMK produced R50 rails with the length of 25 meters. Evraz rails have been used in most of Russian and CIS subways. They have been…
DetailsSeverstal positively assesses the results of its E-store operation. “An Internet store is no competitor to traditional ways of selling our products, but an additional way to cooperate with the clients. The constantly growing number of users shows that this way of communication is in demand”, Severstal Management marketing director Dmitry Gorshkov noted. According to…
DetailsVyksa Iron and Steel Works has produced the first batch of high-speed wheels for Estonia. The diameter of the wheels is 870-880 mm, and they are specifically built for the speed of 200 km per hour and will be used at the Stadler FLIRT passenger trains. “Such wheels, just like any other products for high-speed…
DetailsThe new subdivision of Metinvest – the Technical Service Department – will deal with orders and technical support of customers, the department director, ex-CEO of Mariupol Ilyich Iron and Steel Works Yuri Zinchenko said. “I’m currently chairing a new and very important division, it’s new both for the company and for the industry – the…
DetailsUkrainian metal companies expect the Turkish import duties to be lifted. At present the two countries are negotiating trade. “We hope that as the result of the talks duties on our products will be cancelled altogether or step by step. Any country is interested in the exports of high value added products. The market of…
DetailsIn August Dneprospetsstal increased steel output by 10% MoM, to 23 thousand tons. Pig iron manufacture went up by 3.7%, to 14 thousand tons. The total cost of products manufactured in August dropped by 8.4% MoM, to 611.6 million UAH. In January-August DSS produced 172 thousand tons of steel and 113 thousand tons of rolled…
DetailsThe state enterprise South Machine-Building Works named after Makarov (Yuzhmash) has ordered 245 million rubles (111.32 million UAH) worth of aluminum from Alfa-Metal LLC (Russia). By late 2019 the company will have supplied EXW Moscow 210 tons of rolled aluminum of various sizes at the average price of 1119 rubles or 508 UAH per kg,…
DetailsThe Zaporozhye regional department of the State Property Fund has decreased the price of the state enterprise Aluminum Foil Works 2-fold. The initial price of the works is 583.977 million UAH (with VAT), previously it was set for auctions at 1.159 billion UAH. The new auction will take place on October 13. The capacity of…
DetailsKorshunovsky quarry of the Korshunovsky Mining and Processing Works has mined the 500-millionth ton of ore. The anniversary ton of ore will be processed and supplied to Chelyabinsk Iron and Steel Works. The first ton of ore from Korshunovsky quarry was shipped in December 1964, 3 months before the enterprise was officially created. The first…
DetailsBeloretsk Iron and Steel Works has organized testing 4 new grades of wire for boiler and oil-and-gas machinery. The results allow expanding the sales market and increasing the share of the high value products. The first batches of new products (20 tons) have already been produced and shipped to the customer. The wire has been…
DetailsHigh demand for steel and low stocks of Chinese traders, US import duties and high expenses on raw materials are among the factors influencing the world steel price increase. Moreover blast furnace manufacture in Northern China is expected to be limited, which will result in the drop of output by 50 million tons. Thus prices…
DetailsThe supervisory board of Zaporozhye Vtormet has relieved the acting chairman of the board Alexander Umrikhin of his duties, appointing the shop director Konstantin Beskorovayniy instead.
The term of the office has not been stipulated, but Beskorovayniy has been hired with a 3-month trial term.
Zaporozhye Vtormet procures and processes ferrous scrap. (Ukrainian metal)
In August Ukrainian metal companies increased natural gas consumption by 10 million cubic meters MoM, to 140 million cubic meters. Average daily gas consumption increased by 0.3 million cubic meters, to 4.5 million cubic meters. In January-August metal companies consumed 1.2 billion cubic meters of gas, up by 2% YoY. Average daily consumption was 4.7…
DetailsIn August Ukrainian metal companies received 270 thousand tons of scrap, down by 20 thousand tons MoM, or 86% of their need. In 8 months they received 2.1 million tons, up by 6% YoY, but just 89% of their need. Scrap stocks at metal companies in August decreased by 30 thousand tons, to 110 thousand…
DetailsUkrmetallurgprom forecasts that in October Ukraine will produce 2 million tons of steel, 1.9 million tons of pig iron and 1.7 million tons of rolled metal. In August steel output totaled 1.925 million tons, pig iron – 1.817 million tons, and rolled metal – 1.609 million tons. In January-August Ukraine decreased steel manufacture by 16%…
DetailsAccording to the Ministry of economy, in 8 months Kazakhstan mined 26 million tons of iron ore, up by 11.4% YoY. In January-July iron ore raw materials output increased by 32.7% YoY, and concentrate by 2.1%. In money terms iron ore raw materials output in 7 months increased by 57% YoY, to 144.1 billion tenge.…
DetailsAnglo Asian Mining PLC has launched production of gold and silver at the Ugur deposit, located in Gedabek. Ugur is already making a highly significant contribution to Anglo Asian’s production, the company’s press service reported. “The average daily gold production in the form of gold Doré on September 1-10 was 212 ounces, up by 116%…
DetailsThe press-service of the Lviv regional state administration reported, that on September 12 the state enterprise Lvivugol received 30 million UAH for selling coal.
Thanks to this miners were paid 32% of their August salary. (Ukrainian metal)