President of Ukraine Vladimir Zelensky has flown to the Lviv region to visit the Lesnaya mine of the state enterprise Lvivugol, where as a result of the rock mass cave-in two miners have perished. On May 29, police was informed of a cave-in resulting in two miners being trapped. Their bodies were later taken to…Details
Avdiivka Coke and Chemical Works, the largest coke manufacturer in Europe, will considerably decrease air pollution thanks to a new Niba Dalgakiran cooling tower.
The tower has been built in 9 months.
Investments in the project totaled 25 million UAH. (Ukrainian metal)
RZD has suggested changing the structure of tariffs on the transportation of the metal raw materials and finished products. In particular, tariffs for the transportation of coke, iron ore concentrate and metal ores will sharply increase, while those for ferrous metal will slightly drop. RZD believes, that as a result of the tariff change, metal…Details
Evraz ZSMK and Evraz NTMK have produced over 3 thousand tons of high-strength rolled metal for the winter sports complex “Baikal” in Ikrutsk. The metal was supplied by Evraz Metal Inprom. More metal will follow. A500C strengthened rebars with the diameter of 10-25 mm produced by Evraz ZSMK are used in the manufacture of ferroconcrete…Details
Polymetal has concluded an agreement with a company affiliated with Mineral Exploration Network (Finland) Ltd (MEN) on the creation of a joint venture to carry out prospecting works in Chukotka Autonomous District. The gold ore to be found by the JV will provide additional raw materials to the Mayskaya factory, able to process both sulfide…Details
Zagorsky Pipe Works has for the first time received its credit rating. According to AKRA rating committee dated May 20, the company rating is “BBB+” with stable outlook. The decision is based on the company strong market position, low debt burden, moderate business profile and corporate management level. “We are satisfied with the debt to…Details
Gold, silver and platinum prices decreased in Azerbaijan on May 29 compared to the prices of May 27. The price of gold dropped by 9.044 manats, to 2,178.499 manats per ounce. The price of silver fell by 0.3852 manats, to 24.4726 manats per ounce. The price of platinum went down by 7.752 manats, to 1,358.963…Details
Rock mass caved-in in the Lesnaya mine of the state enterprise Lvivugol.
2 miners perished.
The cave-in occurred at the depth of 242 meters.
At the time of the accident 69 employees were in the mine, with 21 at the cave-in site. (Ukrainian metal)
In March, Kazakhstan increased exports of steel to Russia by 60% MoM, almost 2-fold compared with January, but decreased by 25% YoY, to 125.3 thousand tons. In Q1 deliveries dropped by 37% YoY, to 263 thousand tons. Alloyed flat steel accounted for 81% of all exports, down by 41.5%, including steel plates – 63%, down…Details
In March, according to the customs statistics, Russia imported 246.2 thousand tons of rolled steel and pipes from Ukraine, up by 12.7% MoM, by 24% compared with January, and by 11% YoY. In January-March imports grew by 16.7% YoY, to 663.1 thousand tons. Sections and bars accounted for 44% of the imports, including 47% of…Details
Russia is prepared to do anything to settle the issue of antidumping investigation on metal imports to Mexico. “We have drawn the attention of our Mexican colleagues to the situation with the ongoing antidumping investigation on our ferrous products. We have certain suggestions on what to do, and we’ll continue doing it”, deputy foreign minister…Details
In March, Yekaterinburg Non-Ferrous Metals Processing Works successfully passed its quality management system re-certification audit, carried out by TMS Rus LLC, an exclusive representative of the TÜV SÜD Management Service GmbH in the EAEU. The new ISO 9001:2015 certificate is valid until April 4, 2022. EZOTsM products have been certified since 1992, and the whole…Details
Karelsky Okatysh has completed a complex repair of its pelletizing machine No. 3 by replacing 150 meters of rails. The rails are used to transport trolleys with raw pellets to the machine. In order to free the old rails to be disassembled the company first had to remove 120 trolleys, weighing 10 tons each. The…Details
Miners in Georgia’s western town of Chiatura have ended a strike launched on May 16 after demanding better salaries and working conditions, as a deal has been reached with the Georgian Manganese company. The company promised a 25% in salaries starting from June 1, while an additional 10% rise will take place starting next year.…Details
In April, Ukraine produced 1.938 million tons of steel, up by 12.6% YoY. Thus the country was able to go up one place in the world steel manufacturers rating, according to World Steel Association. China is in the lead with 85 million tons of steel, up by 12.7%. Russia decreased output by 8.3%, to 5.6…Details
In January-March, Metinvest B.V. decreased capital investments by 8% YoY, to $198 million. The share of projects to improve capacity reached 43%, up from 39% in Q1 2018. Capital repairs accounted for 57% of investments (61% last year). Metal segment accounted for 50% of investments, while mining – 48%. 2% fell on corporate expenses. Last…Details
Until the end of the year SMC-Kolpino will produce 14 dump car sides for Karelsky Okatysh. The length of each side will be 14 meters, height – 1.3 meters and weight – over 4 tons. The sides will be produced of sheet and plates manufactured at the mill-5000 in Kolpino. SMC-Kolpino mastered the manufacture of…Details
The gold-ore company Rudnik Karalveyem at the auctions on May 22-23 won the right to develop three alluvial gold sites in Chukotka region. The company offered 43.659 million rubles for the Nevidimiy site. The initial price increased 485.1-fold. The Zayachiy site was sold for 69.3 million rubles. And the price of the Poldnevoy Brook site…Details
In April, Electrostal Tyumeni exceeded the output target by 9%. In particular, the electric arc shop made 31 steel meltings per day, while the average result is 27 meltings. Rolling shop produced 2.6 thousand tons per day with the average being 2.1 thousand tons. Last year the company mastered the manufacture of 34 new sections…Details
Evraz has presented new solution for bridges made of rolled metal at the International exhibition Metal Structures’2019. Yevgeniy Samarin, manager of the market demand development department, has spoken of the flanged beams for the small bridge structures with the length of up to 25 meters. According to him, the advantage of using these beams in…Details
According to Worldsteel, in January-April steel output in the world totaled 599.86 million tons, up by 4.76% YoY.
China is traditionally in the lead with 314.96 million tons produced, up by 10.14%, and the share of 52.5%
Ukraine produced 7.44 million tons of steel, up by 6.6%, securing the 13th place. (Ukrainian metal)
Severstal deems the VTB Capital report on Russian steel demand too optimistic. The analysts believe that from 2019 steel consumption in Russia will grow by 5% per year and will have reached 14 million tons by 2025. The growth will be due to the national projects – creation of infrastructure valued at $170 billion will…Details
Since 2016 Dneprovsky Iron and Steel Works has invested 329 million UAH in environment-protection measures. As a result, air pollution decreased by 25%. According to DCH, the owner of the plant, this is the best result among Ukrainian metal companies. The company employs some 4.5 thousand people, with 80% of them living nearby. In 2018…Details
Moldova Iron and Steel Works intends to win back its lost positions on Ukrainian market. Last summer sanctions were imposed on the company. In late March, the Council of the National Security and Defense excluded the plant from the sanctions lists. “We have plans of cooperation with agents, as the market is quite familiar to…Details