Russia: Ural Steel receives Belenergomash-BZEM equipment

Belenergomash-BZEM has produced and supplied equipment (metal structures, pipelines, buckstay systems and bellows expansion joints) to Uralskaya Stal, a part of Metalloinvest. The group invests into the development of manufacture and efficiency improvement of its enterprises. Recently Lebedinsky GOK has constructed the largest manufacture of HBI in Russia. The next project was the heating and…

Details

Ukraine: AMKR completing the preparation stage of CCM 2 and 3 construction

PJSC ArcelorMittal Kriviy Rih is completing the preparation stage of Continuous Casting Machines (CCM) 2 and 3 construction, the work of which will enable to significantly increase production of cast billets. In the frames of the large-scale investment program of the plant the company will invest over $100 million in construction of two new CCMs.…

Details

Uzbekistan: second phase of largest copper deposit development starts

Almalyk Mining and Metallurgical Combine (AMMC, Almalyk city, Tashkent region), a monopoly copper producer in Uzbekistan, has started implementation of the second phase of the “Development of the Dalneye deposit” project, the press service of the AMMC reported. The work was started on the instruction of Uzbek President Shavkat Mirziyoyev, who arrived in Almalyk to…

Details

Russia: Polyus gold output up in H1 2017

In January-June Polyus increased gold output by 12%, to 938 thousand ounces (29.17 tons), mostly thanks to the growth of manufacture at Olimpiada and Verninskoye deposits. Gold sales increased by 17%, to 983 thousand ounces, including 71 thousand ounces in concentrate from Olimpiada. Sales revenue reached $1.217 billion, up by 14%, at the average price…

Details

Kazakhstan: AMT fined for 36 million tenge

ArcelorMittal Temirtau has ordered the services of mining coal and loading it into railroad cars, but has not paid the contractor over 36 million tenge.

The company filed a complaint and the court ordered AMT to fulfill its contract obligations. (Ukrainian metal)