Dalenergomost, a part of KAZ Minerals, has announced an auction to construct energy infrastructure for the Baimskoye copper-porphyry field in Chukotka Autonomous District. The initial (maximum) price of the contract is 17.363 billion rubles. The winner of the auction will have to construct an air electricity line with the length of 741,391 km. The offers…Details
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The Russian government has made a decision to impose temporal quoting of scrap exports. From July 1 till December 31, the delivery of ferrous metals scrap and wastes to countries other than EAEU members will be subject to quantitative limitations. The Ministry of Finances and the Ministry of Economical Development have approved of the decision.…Details
The United Mining and Chemical Company, which manages Volnogorsk Iron and Steel Works and Irshansk Mining and Processing Works, has purchased new processing machinery manufactured by Mineral Technologies for IrGOK. Investments totaled 29 million UAH. The machinery has already been delivered. In particular, the company has received 8 models of various types of spiral separators,…Details
Severstal has successfully passed the MPA test and certification in Hannover, Germany for the polymer-coated rolled metal compliance with DIN 55928-8, DIN 55634-1, DIN EN 10346 and DIN 4102-1. This will allow the group exporting such metal to the construction market of EU. In March, MPA Hannover expert reviewed the samples made in the metal…Details
Korolevsky Pipe Works has expanded the range of its products. In particular, the company has mastered the manufacture of electric welded pipes with the diameter of 168, 219 and 273 mm and the wall thickness of 4 to 8 mm. St3, St20 and 09G2S steel is used in the manufacture of these pipes. (Ukrainian metal)Details
6 employees of the Gorskaya mine of the state enterprise Pervomayskugol have refused to return to the surface as a protest against the mine being cut off grid. The miners are at the depth of 700 meters. The attempt to cut the mine off grid was made on July 1. The Gorskaya mine is situated…Details
Russian power producer Unipro has filed an appeal to the Ninth Arbitration Court of Appeal against a lower court’s decision to terminate the company’s contract with Novokuznetsk Aluminium Smelter of the Russian aluminum giant UC RUSAL to receive more than 24 million rubles in debt redemption, Unipro said. The Novokuznetsk plant filed a suit previously…Details
At two plate-rolling workshops of Magnitogorsk Iron and Steel Works (MMK), a new digital system has been put in operation to monitor the number of cars that are in commercial operation. The system will allow for rapid identification of violations during work with rolling stock and significantly improve the efficiency of shipment unloading. In the…Details
Magnitogorsk Iron and Steel Works (MMK) participated in the international exhibit of metallurgical technologies METEC 2019. At the MMK stand, the visitors were able to familiarize themselves with a wide range of products and technological capabilities of one of Russia’s largest metallurgical companies. As a result of a large-scale technical re-equipment in recent years, MMK…Details
In January-March Ukraine produced 44 thousand tons of metal structures, up by 1 thousand tons YoY. 66% of manufacturers posted increase in output. 6% of market participants produced over 2 thousand tons of structures. Consumption remained unchanged and totaled 42 thousand tons. Exports dropped by 19%, to 1.7 thousand tons. Imports went down by 52%,…Details
In January-March large and medium metal companies posted losses of 6.13 billion UAH as opposed to the profit of 4.36 billion UAH in Q1 2018. According to the State Statistics Service, 69.5% of enterprises received a profit of 2 billion UAH, while the other 30.5% got losses of 9 billion UAH. EBITDA was –6.75 billion…Details
The Cabinet of ministers has decreased expenses on technical revamping and modernization of coalmining enterprises by 320.89 million UAH. In particular, the previous amount of 704.5 million UAH has been decreased to 383.61 million UAH. Initially it was supposed to spend 1 billion UAH, but on June 5 the amount was lowered to 704.5 million…Details
In April Russia exported 53 tons of nickel wire, rods and sections, up by 20.4% MoM and by 5.19% YoY. In 4 months exports grew by 66.2% YoY, to 197.8 tons. In monetary terms since the start of the year the exports have increased by 55%. Export prices have grown 2-fold, to $48 per kg.…Details