The output capacity of the Liskimontazhkonstruktsia pipe complex will be increased. In particular, the company intends to increase stainless steel pipe manufacture to 11 thousand tons. Last year the company shipped 370 tons of stainless pipes to Novatek. The manufacturing site was officially opened in June 2017. (Ukrainian metal)
DetailsNovoorlovsky Mining ad Processing Works developing the Spokoyninskoye tungsten deposit in Zabaikalye region intends this year to increase output by 55% YoY, to 1327 tons of concentrate. Last year the company did not mine tungsten and processed ore from old tails. In particular, the GOK processed 728.6 thousand tons of ore and produced 857.7 tons…
DetailsShareholders of VSMPO-Avisma decided to pay 873.42 rubles per share as dividends for 2018. For H1 2018, shareholders received 756 rubles per share in dividends. Thus, the total amount of dividends reached 8.7 billion rubles. Shareholders have also discussed a strategic development program until 2026. It is intended to invest over $700 million. (Ukrainian metal)
DetailsAccording to Rosstat, the industrial output in April increased by 4.9% YoY after a growth of 1.2% in March. At the same time, ferrous metallurgy witnessed a drop in pig iron manufacture by 3.5% YoY, rolled metal – by 4.1%, and pipes – by 2.6%, in particular, drilling pipes – by 10.9%. Primary aluminum output…
DetailsArcelorMittal Temirtau is carrying out a project to replace dust-exhaust machinery in the sinter manufacture. The cost of the project exceeds 1.2 billion tenge. Sinter shop accounts for 23% of all dust pollution. “This is not the first project to install bag filters at the sinter shop. In 2017 we put into operation bag filters…
DetailsIn April, transportation of metal in FGK gondola cars grew by 7% YoY, to 1.4 million tons. The share of transportation in the total volume was 13%. In particular, transportation of ferrous metals scrap increased by 50%, to 224 thousand tons, metal structures – by 20%, to 4 thousand tons, metal wares – by 11%,…
DetailsInterpipe has certified its own premium inserted joints Interpipe UPJ-F for the correspondence to the ISO 13769 CAL IV. It took the company around a year to develop, test and certify the new product. This is the second premium-class joint developed by Interpipe. Earlier it has mastered the manufacture of a UPJ-M muff joint. Trial…
DetailsSeverniy Mining and Processing Works has put into operation a Lurgi 552 A pelletizing machine in the pellets shop No. 2 after essential repairs. The cost of the project was 84 million UAH. Other pelletizing machinery will also be repaired at SevGOK. The project will cost some 400 million UAH. (Ukrainian metal)
DetailsGold, platinum and palladium prices decreased in Azerbaijan on May 22 compared to the prices of May 21. The price of gold dropped by 3.2045 manats, to 2,165.443 manats per ounce. The price of silver grew by 0.0142 manats, to 24.5601 manats per ounce. The price of platinum fell by 14.62 manats, to 1,379.295 manats…
DetailsTin Ore Mining has started developing the Syrymbet deposit in the North-Kazakhstan region. Investments in the development will reach 4 billion tenge. The project will be completed until 2021. Syrymbet is the largest undeveloped tin deposit in the world. (Ukrainian metal)
DetailsSeverstal has concluded an agreement on the delivery of the main machinery for the modernization of the automatic pelletizing system in bell furnaces at Cherepovets Iron and Steel Works. Under the first stage of the investment project the company will replace the automatization system at 40 hydrogen stands of bell furnaces. The equipment will be…
DetailsNLMK-Kaluga has produced 7 million tons of steel. The works was commissioned in July 2013 in the Vorsino industrial park close of Moscow, the largest construction market in Russia. The company uses high-quality steel to manufacture some 20 types and sizes of bars and sections, as well as square billets. (Ukrainian metal)
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