NLMK Group has delivered its first batch of high-strength Quend 1100 steel to Liebherr, one of the world’s largest manufacturers of construction machinery. NLMK Clabecq (NLMK Group’s Belgian company) will supply steel to produce telescopic booms for a new type of Liebherr mobile cranes with a load capacity of 230 t. The prototype has been…
DetailsSome precious metals prices decreased in Azerbaijan on May 13 compared to the prices of May 10. The price of gold dropped by 4.3775 manats, to 2,183.0125 manats per ounce. The price of silver went down by 0.1518 manats, to 24.9944 manats per ounce. The price of platinum fell by 6.0775 manats, to 1,451.4515 manats…
DetailsIn April, Energomashspetsstal shipped 380 tons of various products to 10 Ukrainian companies. According to the agreements concluded, EMSS supplied rolls, tyres, rods, wheels, etc. The company has also shipped another batch of parts for the manufacture of wind turbines. At present EMSS is working on rolls for Mariupol Ilyich Iron and Steel Works and…
DetailsOn May 7, the sales department of Dneprospetsstal held a meeting with the Energosteel Plant LLC representatives. The parties have reached an agreement on the supplies of a trial batch of 200 tons of milling balls in May. The company is interested in supplying balls with the diameter of 80 mm, the monthly sales of…
DetailsIn January-April, Ukraine increased iron ore raw materials exports by 7.2% YoY, to 12.705 million tons valued at $1.049 billion, up by 15.1%. According to the State Fiscal Service, deliveries were made to China (20.35%), Poland (14.35%) and the Czech Republic (11.23%). Ukraine also imported 45 tons of iron ore raw materials valued at $24…
DetailsThe price of one ounce of gold increased by 7.429 manats or by 0.3% last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2,184.0027 manats. The price of one ounce of silver decreased by 0.1095 manats or by 0.4%, to 25.291 manats. The price of one ounce of platinum…
DetailsEnergy and Coal Industry Minister Ihor Nasalyk said that the function of managing state-owned enterprises should not fall within the ministry’s competence. He stated this at a meeting with experts of the government-public initiative “Together against corruption”, the Energy and Coal Industry Ministry’s press service reported. “The ministry should be responsible for forming policy and…
DetailsIn April, the Southeastern railroad transported 6.909 million tons of cargo, with 28.195 million tons transported in 4 months. In particular, the transportation of coal increased by 168.3% YoY, to 120.7 thousand tons, iron and manganese ore – by 4.9%, to 13.7 million tons, ferrous scrap – by 24.3%, to 92.8 thousand tons, refractories –…
DetailsA special front-end cutter allows preparing long faces for coal mining faster and makes drifters work safer. There are only two such machines in Ukraine. The third Corum machine will operate at the Pavlograd Mine Group. The capacity of the machine is 1.5 tons per minute. The machine can increase the speed of the excavation…
DetailsOne of the largest metal-processing enterprises in the Baltic States – RK Metāls grupa – last year received 20 million euro, up by 40% YoY. “We used to take as many orders as we could take care of. This limited our possibilities. A year or two ago we changed our approach. We now take as…
DetailsThe Metinvest Green Center has held a competition “100 yards” on the urban improvement of Kriviy Rih. This year, 197 projects were submitted for the competition. The projects have been evaluated by specialists from the site improvement and housing spheres, citizen representatives and miners. The competition has been running since 2016, and so far Metinvest…
DetailsIn January-April Ukraine exported 858.06 thousand tons of pig iron valued at $281.94 million, down by 16.2% and by 17.2% YoY respectively. According to the State Fiscal Service, the main customers were USA (55.6%), Italy (12.88%) and Turkey (9.44%). At the same time Ukraine imported 221 tons of pig iron valued at $356 thousand, as…
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