On April 29, 1974, Evraz ZSMK converter shop No. 2 produced its first steel. At present the shop operates 2 converters with the volume of 320 tons. In 2017, one of them was replaced. Soon another will follow. In 2002 the plant commissioned the largest continuous casting machine in the world. In 3 years, the…
DetailsIn the incomplete January-April, Seligdar sold 1035 kg of gold. Until the end of April the company intends to sell 220 kg more. Thus, sales will total 1255 kg, up from 406 kg in January-April 2018. In 4 months, Poisk team has yielded 65.668 kg of gold, up from 39.131 kg last year. (Ukrainian metal)
DetailsPrices of precious metals increased in Azerbaijan on April 26 compared to the prices on April 25. Thus, the price of gold grew by 7.7435 manats, to 2,176.0255 manats per ounce. The price of silver went up by 0.151 manats, to 25.4915 manats per ounce. The price of platinum increased by 10.302 manats, to 1,512.49…
DetailsRally against uranium mining at Tash-Bulak deposit in Kyzyl-Ompol village of Issyk-Kul region started in Bishkek. Participants of the protest demand to instruct the licensing commission of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan to conduct immediate audit and cancel over 35 previously issued licenses for geological exploration, sampling, mining and…
DetailsSales of coal concentrate of the Russian coal producer Raspadskaya rose by 4% YoY, to 1.962 million tons in January-March, the company said in a statement on April 26. Export sales grew by 9%, to 1.467 million tons, while domestic sales fell by 9%, to 495,000 tons. Green coal production rose by 30%, to 3.916…
DetailsThe Antimonopoly Committee of Ukraine has fined DCH Group for 58 million UAH for the violation of the economic competitiveness protection legislation while purchasing Dneprovsky Iron and Steel Works shares from Evraz, but still allowed the concentration. The committee has studied the case of DCH buying the DMZ and fined the former for buying the…
DetailsIn January-March, Belarus Iron and Steel Works received $800 million of revenue, up by 124.4% YoY. Exports accounted for 85% of the revenue, growing by 13%, to $310 million. 555 thousand tons of metal were shipped to 48 countries. Steel output in 3 months went up by 32%, to 641 thousand tons, rolled metal –…
DetailsIn January-March, Norilsk Nickel increased nickel output by 3.4% YoY, to 56 thousand tons. The manufacture of the company own raw materials grew by 2.8%, to 55 thousand tons. The output of copper went up by 13%, to 127 thousand tons. Almost everything was produced from own raw materials. (Ukrainian metal)
DetailsIn January-March, Kuzbassrazrezugol enterprises mined 11.5 million tons of coal, up by 1.7% YoY, including 1.4 million tons of coking coal. 11 million tons of coal were shipped to customers, up by 4.3%. Exports accounted for two thirds of all sales – 7.4 million tons, with 3.6 million tons delivered to the local market. In…
DetailsThe authorities of the Volgograd region are studying the offers of investors ready to provide $100 million for the development of the Krasniy Octyabr Iron and Steel Works when the enterprise finishes the bankruptcy procedure. The investors have not been named, but at the same time the authorities are consulting with the Ministry of Industry…
DetailsThe first major international research Randstad Employer Brand Research 2019 was held in Ukraine to study employers’ attractiveness. Its results have proved that ArcelorMittal Kriviy Rih is the most attractive employer within steelmaking and mining industry in Ukraine. The company was presented with a certificate in Kyiv at the First awards ceremony for the most…
DetailsThe Antimonopoly Committee of Ukraine has punished the TAS Group of Companies belonging to Sergey Tigipko for 55 million UAH for buying Dneprometiz without the committee’s consent. The committee has studied the case of TAS taking control of Dneprometiz and violating the competitiveness legislation. Thus, the committee has denied Tigipko buying Dneprometiz. Severstal sold Dneprometiz…
DetailsEquipment is being moved out of the uranium deposit, the Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev announced today at the meeting of the Parliament. According to him, all work on the field is suspended. Machinery will be removed in the coming days. The First Deputy Prime Minister Kubatbek Boronov left for Issyk-Kul region. He will…
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