Kazakhstan: gold output to grow

Prime Minister Bakytzhan was presented a project for the construction of Altyn Ex mining and metallurgical plant in Altyndy. The company is currently developing the Yubileynoye field, one of the largest deposits of gold-bearing ores in the country. Also, according to the founder of the enterprise the construction of the plant will increase productivity, and…

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Russia: Zolotinka gold output down

As of July 1, the gold-extracting company Zolotinka LLC has extracted 42 kg of gold in Amur region, down by 29% YoY. According to the regional ministry of natural resources, as of July 1, 2017 the gold output amounted to 59.1 kg. The company is extracting alluvial gold at two sites: in the Ostrovnaya River…

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Russia: scrap exports through ports of Nakhodka and Vostochniy prohibited

The Primorye region stops exporting ferrous scrap and wastes through the seaports of Nakhodka and Vostochniy.

The new rules come into effect on July 22.

The scrap export limitation will be valid for 5 months.

So far this year Nakhodka customs has approved 95.5 thousand tons of scrap for exports. (Ukrainian metal)

Russia: Severstal Steel Decisions supplies metal structures to theme park

Severstal Steel Decisions has resumed supplies of metal structures for the closed theme zone of the Dream Isle amusement park in Moscow.

As of June, the company has produced and shipped 2.268 thousand tons of metal structures, made of Cherepovets Iron and Steel Works steel.

Assembly of the metal structures started in March. (Ukrainian metal)

Russia: KZOTsM share on flat rolled metal market to grow

Kirov Non-Ferrous Metals Processing Works has finished the main stage of its capacity modernization. The company is commissioning three machines with the combined cost of 1.4 billion rubles: a cold-rolling mill, modernized transfer tables of the hot-rolling mill and the Salico slitting and shearing line. The Kvarto-450 cold-rolling mill modernization was the most expensive. The…

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Russia: Evraz Kachkanarsky GOK ships 150 million tons of sinter

Evraz Kachkanarsky Mining and Processing Works has shipped the 150-millionth ton of sinter to the blast furnace shop of Evraz NTMK. This sinter has improved metallurgical qualities. Iron contents reach 57%, and vanadium pentoxide – 0.55%. The sinter shop produces over 3.5 million tons of sinter per year. It operates 2 sintering machines. Evraz NTMK…

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Ukraine: 400 thousand UAH embezzled on Volynugol mine construction

During the construction of a mine in Lviv region, the prosecutors have uncovered embezzlement of funds.

The Chervonograd prosecutor’s office has found out that during the mine construction, the volume of the works was illegally increased by 400 thousand UAH.

The mine belongs to the state enterprise Volynugol. (Ukrainian metal)

Russia: rolled metal deliveries from Ukraine up in May 2018

In May, according to the customs statistics, Russia imported 91.9 thousand tons of bars and sections from Ukraine, up 1.8-fold YoY.

In January-May imports totaled 485.6 thousand tons, up 2-fold YoY.

This also represents some 75% of the total Russian imports of bars and sections. (Ukrainian metal)

Russia: Evraz ZSMK scrap purchases down in H1 2018

In June, according to the railroad statistics, Evraz ZSMK received 176.3 thousand tons of scrap, down by 3.9% YoY.

In 6 months scrap deliveries reached 597.7 thousand tons, down by 16.3% YoY.

The company occupies the fourth place in the industry on scrap deliveries via railroad. (Ukrainian metal)

Russia: ZTZ output up in H1 2018

In January-June Zagorsky Pipe Works sold 199982 tons of pipes, up 5.5-fold YoY.

June accounted for the sale of 50 thousand tons of pipes.

Gazprom was the main customer.

The company has also mastered the manufacture of pipes with the wall thickness of 32 mm. (Ukrainian metal)