On November 9 the public hearing on the antidumping investigation into steel wheels with the diameter of 710 mm and over originating from Ukraine and imported into the customs territory of the Eurasian Economic Union will be held. The current duty will be revised because of the new conditions. The new antidumping investigation was initiated…Details
The Energy and Coal Industry Ministry has stated that wage debts totaling UAH 500 million will be paid off to miners until the end of the week. Deputy Energy Minister Anatoliy Korzun said this during Government Question Hour meeting held in Parliament. “We’re considering the issue of state support, and also funds are being received…Details
This year KazZinc intends to produce 320 thousand tons of zinc. “Our capacity is 295 thousand tons, but we produce 302-305 thousand tons. This year we believe we could produce 320 thousand tons, by slightly adjusting the technology”, the company CEO Alexander Khmelev said. In 2016 KazZinc produced 305.5 thousand tons of zinc, thus this…Details
The acting governor of the Primorye region Andrei Tarasenko while visiting the Lermontovsky Mining and Processing Works decided to fire the company director Vladimir Kalinovsky. According to the press-service of the regional authorities, the ex-top manager of the company Yuri Danilov has been appointed the new director. Lermontovsky GOK is one of the two tungsten…Details
OMZ-Spetsstal has manufactured and shipped two cast billets for the Indian Kudankulam NPP to Tyazhmash. Under the agreement signed in May, the company has produced a cone and a torus of 25L steel. The weight of the cone is 19 tons, of the torus – 50 tons. And the torus diameter is over 6 meters.…Details
Bryansk Machine-Building Works has passed the certification for the correspondence to the requirements of European standards in welding manufacture quality management system. BMZ has confirmed its correspondence to DIN EN 15085-2:2017 and EN ISO 3834-2:2005, thus it can produce metal structures for customers from Europe, Asia and America. The company is also the first in…Details
Members of the Murmansk Regional Duma have held an on-site meeting at Kola MMC that focused on the company’s environmental protection policy and improvement in environmental performance. The deputies reviewed the company’s environmental efforts and the progress of the Year of the Environment initiatives. Regional MPs paid a visit to the disposal facility for saline…Details
RUSAL, a leading global aluminum producer, announces the launch of an experimental reduction area at the Irkutsk Aluminum Works, which will operate under the EcoSoderberg technology. The total amount of investment in the project reached 540 million rubles. Implementing EcoSoderberg technology is one of the priority retrofitting projects for RUSAL. New generation potcells have a…Details
The Board of Directors of the World Steel Association (Worldsteel) has elected Alexey Mordashov, Chairman of PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, a member of the association’s 2017/2018 executive committee at Worldsteel’s 51th General Assembly in Brussels, Belgium. Alexey Mordashov is the only Russian representative in Worldsteel’s…Details
Metalloinvest has started pilot operation of the concentrate intake facility at Mikhailovsky GOK. The company has invested 1.3 billion rubles in the project. The maximum design capacity of the facility is 3.2 million tons of concentrate per year. During the facility’s pilot operation, the company specialists will adjust the equipment and operating models in order…Details
The Zyuzins family decreased their consolidated share in Mechel from 55.04% to 50.1%, having given 4.93% to Veriotex Holdings Limited as a repayment of the debt. At present Igor Zyuzin owns 26.47% of the company, a part of which is owned through Calridge Ltd. “In October Calridge transferred 20.534 million shares as debt settlement”, the…Details
The pipe and wheel holding Interpipe intends to create a joint venture with the French Vallourec.
The Antimonopoly Service of Germany recorded the corresponding appeal on October 4.
In 2016 Interpipe sold 458 thousand tons of pipes, down by 10% YoY, and 114 thousand tons of wheels, up by 22%. (Ukrainian metal)
The main owner of Rusal Oleg Deripaska will retain control over Nikolaev Aluminum Works, which it has sold to Glencore. Deripaska’s En+ Group concluded a non-binding agreement with Glencore to exchange the Swiss corporation 8.75% of Rusal shares (through Amokenga Holdings Ltd) for En+ shares (owns 48.13% in Rusal). The parties agreed that Glencore would…Details
In January-September Lipetsk region foreign turnover increased by 42.5% YoY, to 3.4 billion rubles.
According to the local customs office, exports increased by 42.6%, to $2.8 billion, imports – by 42%, to $223 million.
NLMK ferrous metals accounted for 96.5% of the total exports. (Ukrainian metal)
The Pipe Metallurgical Company will supply daughter companies of Lukoil with some 18.4 thousand tons of casing pipes with premium TMK UP joints. According to the company statement, TMK will deliver 12 thousand tons of pipes to Lukoil-West Siberia and 6.4 thousand tons to Lukoil-Komi. The pipes of 114-339 mm diameter will feature the GreenWell…Details
Agrisovgaz has started producing high-precision castings of aluminum alloys using vacuum-film molding.
The castings are made on the modern equipment. The products are tested for quality on site.
The company can now produce castings of 2-80 kg of aluminum and zinc alloys with the capacity of 600 tons per year. (Ukrainian metal)
At the Novogrodovskaya mine of the state enterprise Selidovugol in Donetsk region 34 miners of the first shift refused to go above ground.
According to the chairman of the International Miners Union of Ukraine Mikhail Volynets, they demand paying salary.
“The miners want their salary debts cleared”, he wrote on his Facebook page. (Ukrainian metal)
“An investor from China doesn’t modernize production at Makmalzoloto,” Kyrgyzaltyn JSC cited deputy of the parliament Kozhobek Ryspayev. Yesterday he said that the investor, who was ready to work at Makmal, was tripped up. Kyrgyzaltyn specified that it was not a question of modernizing the existing production at Makmalzoloto plant. Kyrgyzaltyn signed an agreement with…Details
The Verkhovnaya Rada budget committee has rearranged funds, which will allow paying salary to miners. “Some 306 million UAH will be spent to clear salary debts to miners”, Mikhail Volynets, the chairman of the Independent Miners Union of Ukraine, wrote on his Facebook page. In particular, Mirnogradugol, where employees of only one mine were paid…Details
Beloretsk Iron and Steel Works has become a member of the International association of manufacturers, sellers and consumers of welding electrodes and equipment Electrode. This will strengthen the company partner relations and expand its sales market. The Association unites 32 companies from Russia, Ukraine and Kazakhstan. “BMK joining the Association is an important event for…Details
ArcelorMittal Temirtau will invest $21 million into the strategically important steel project. At present the ladle furnace construction is nearing its end. Its commissioning is scheduled for late Q2 2018. “The converter shop is undergoing a serious repair. This year we carried out 21 investment projects there. The most important for the steel manufacture is…Details
In Q3 Polyus gold output increased by 16%, to 642 thousand ounces. Mined ore totaled 9915 thousand tons, up by 45% YoY. Gold sales increased by 5%, to $734 million at the average price of $1279 per ounce. As of September 30, the company total debt was $3151 million, up from $3084 million as of…Details
In January-September the coal division of the Industrial-Metallurgical Holding increased coking coal output by 50%, to 2.17 million tons. The increase is the result of two mines put in operation in May. Coal concentrate output at Berezovskaya Central Processing Factory totaled 1.87 million tons, down by 4% YoY. Coke output in 3 quarters dropped by…Details
In January-September Kuzbassrazrezugol produced 34.8 thousand tons of coal, up by 4.5% YoY. Coking coal accounted for 4.6 million tons, up by 1.6% from the target. Baykaimskaya mine yielded the most coking coal – 850 thousand tons. Since the start of the year the company has shipped 31.4 million tons of coal to consumers, with…Details