According to the Federal Customs Service, in January-June Russia exported 20.713 million tons of ferrous metals, down by 3.5% YoY. In particular, exports to far foreign countries amounted to 17.75 million tons, up by 6.3%, valued at $7.4 billion, while exports to the CIS countries increased by 18.2%, to 2.96 million tons ($1.5 billion). Steel…Details
By the end of 2017 Kimkano-Sutarsky Mining and Processing Works will have reached its full capacity of 3.5 million tons. “Each day the works sends out some 100 railroad cars with 6 thousand tons of ore. The iron ore concentrate mostly goes to the South-East Asian”, the company CEO Yuri Makarov said. KSGOK intends to…Details
The Eurasian Economic Commission department of the local market protection has prolonged the antidumping investigation on the imports of hot-rolled steel angles from Ukraine. The investigation term has been prolonged until October 10. In early July the investigation proved the existence of dumping. It was suggested to impose an import duty of 37.89% on the…Details
On August 4, PJSC ArcelorMittal Kriviy Rih, the biggest steel and mining company of Ukraine, celebrates its birthday. 83 years ago that day the first blast furnace of Kriviy Rih steel plant was blown in and produced the first hot metal. Nowadays PJSC ArcelorMittal Kriviy Rih is a part of the international ArcelorMittal company, which…Details
Kumtor Gold Company has released the Annual Environment and Sustainability Report for 2016, Media Relations Department of KGK reported. The task of the report is to inform government agencies, the non-governmental sector and the public of the country about the state of environmental activities at the mine and about the environment protection activity of the…Details
Russia: construction of new solid waste landfill at Bystrinsky Mining and Processing Plant completed
As part of preparations to launch the Bystrinsky Mining and Processing Plant, Nornickel has completed construction of a modern landfill site for solid waste. Designed to eliminate the plant’s environmental footprint, it is the only waste disposal site in the Trans-Baikal Territory today that is fully compliant with all sanitary regulations. Nornickel treats environmental protection…Details
According to Zaporizhstal CEO Rostislav Shurma, employees start leaving Ukraine because of the adoption of the visa-free regime between Ukraine and the European Union. “We have the problem of personnel leaving. We believe it has to do with the visa-free regime. Our task is to organize the work in such a way as to keep…Details
Zaporizhstal intends to continue the reconstruction works and produce 4 million tons of steel per year. According to the company CEO Rostislav Shurma, in the past 5 years Zaporizhstal has invested some 6 billion UAH into modernization, which allowed it to settle important environment issues. “We have almost completely renovated our blast furnace shop. 3…Details
Ormet has started preparing the territory of the Luchistoye deposits for the quarry construction. In August the company will construct electricity lines, a substation and inner power grid. Investments into power infrastructure will total 2 million rubles. Equipment for the substation will cost around 4.6 million rubles. The first power objects will be commissioned in…Details
In January-June Kinross Gold produced 289.391 thousand ounces of gold at its Kupol and Dvoynoy deposits in Chukotka, down by 29.9% YoY. The scheduled decrease in output has to do with the processing of leaner ores in Q2. The company has started taking samples at the Sentyabrskoye deposits. Moroshka deposits are being prepared for operation.…Details
In January-June the net profit of Ruspolymet decreased 2-fold YoY, to 201.3 million rubles. The company earnings increased by 15%, to 4.1 billion rubles, sales profits dropped by 15%, to 728.1 million rubles. EBITDA decreased 1.6-fold, to 273 million rubles. According to the company statement, its accounts payable totaled 4.479 billion rubles as of late…Details
MEGA-stal (Moscow region) has completed the manufacture modernization.
Now the company operates a new shop to produce electric welded pipes without the circular seam according to GOST 20295×85.
The pipes are manufactured in the 630-1020 mm diameter. (Ukrainian metal)
Construction of a crane trestle has been completed at the smelting shop of Kola MMC (Nornickel Group). The engineering structure will optimize the operation of hoisting-and-conveying equipment in the shop and avoid scheduled downtime. Three overhead cranes serving shop’s main aisle are intended for charging materials into converters and casting of converted matte. According to…Details
The 280 mill of ZEMZ turns 75 years old. The mill, situated in the rolling shop No. 1, rolls circular section coils with 8-14 mm diameter, as well as rods of 14-26 mm diameter. Despite its age the mill copes well with all the tasks. In particular, in July it produced 306 tons of metal.…Details
Nornickel Group has increased its stake in Krasnoyarsk River Port’s authorized capital to 93.7% of the ordinary (voting) shares. The transactions were carried out as part of the strategy of Nornickel’s transportation and logistics function, which focuses on boosting the efficiency and streamlining the management of the group’s transportation assets. The price of Krasnoyarsk River…Details
The pipe-rolling shop No. 1 of Seversk Pipe Works has successfully finished scheduled repair and modernization works. The modernization of the FQM continuous casting machine and the pipe-finishing site lasted for 14 days. As the result, the exploitation characteristics of the shop machinery have improved, and the FQM mill operational stability has increased, which will…Details
The decision of the state company Ukrzaliznytsia to introduce free price of cargo wagons makes Ukrainian scrap-procuring companies nervous. The ability to set prices for wagons will result in the increase of their price and the growth of expenses of all market participants, the UAVtormet association letter to the minister of economic development and trade…Details
In January-June KAZ Minerals produced 118 thousand tons of copper, up from 56 thousand tons in H1 2016. According to the company statement, it is sure of reaching the output target for this year of 225-260 thousand tons. “We are gradually increasing output at Aktogai processing factory”, the group CEO Oleg Novachuk declared. The project…Details
The Ministry of economy and trade of Mexico has set up preliminary compensation duties on imports of seamless steel pipes from Ukraine, as well as South Korea, Spain and India. Duty for Ukrainian pipe makers is $170.11 per ton. The antidumping investigation began on December 15, 2016, and covers the time frame from April 1,…Details
The order has been made under the contract concluded in March.
The total weight of 4 rolls is 132.530 tons. The rolls will be used in bar-rolling mills.
EMSS and AMKR have been cooperating since 2011. (Ukrainian metal)
In January-June Omolonskaya Gold Ore Company produced 2.6 tons of gold, up by 45% YoY. The main yield was from the Tsokol and Birkachan deposits. Gold contents in ore have grown by 12% since the start of the year, to 5.3 g per ton. In Q2 gold mining increased by 9%, to 94%. This year…Details
Bratsk Aluminum Works has received a certificate of compliance with ISO/TS 16949:2009. The document confirms the company entry to the foreign markets with metal for automobile industry. In 2015 BrAZ received its first orders to produce a trial batch of alloys for Italian and German customers. The audit has been carried out by DNV GL.…Details
In 2017 VSMPO-Avisma has spent over 20 million rubles on the repair of its own railroad.
According to the group, the manufacturing sites in Verkhyaya Salda are connected by some 40 km of railroad ways.
5 railroad cars have already delivered materials and spare parts. (Ukrainian metal)
The supervisory board of Evraz Sukhaya Balka, recently bought by DCH group from Evraz, appointed Alexander Yaroslavsky its chairman.
The election took place on August 2.
Yaroslavsky has been appointed chairman until the next annual shareholders meeting. (Ukrainian metal)