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Because of a malfunction of pump machinery one of the horizons at the Novodruzheskaya mine of the state enterprise Lisichanskugol has been flooded. The breakdown occurred on August 5. The pumping of water from the horizon of 840 meters has stopped. Each horizon should have 2 pump machines, but because of underfinancing the mine uses…
DetailsIn January-July Ukraine increased semi-finished steel products exports by 6.6% YoY, to 4.36 million tons valued at $1.84 billion, down by 6.3%. Carbon steel semi-finished products exports totaled 4.32 million tons for $1.82 billion. The main customers were Italy (31%), Egypt (15.5%) and Algeria (8.2%). In 7 months Ukraine imported 32.2 thousand tons steel semis…
DetailsIn January-July Ukraine imported 651.3 thousand tons of coke valued at $200.7 million. According to the State Fiscal Service, the main suppliers were Russia (84.4%), Poland (10%) and Egypt (3.7%). Coke exports reached 6.9 thousand tons valued at $1.6 million. The main customers were Belarus (22.4%), Romania (20.2%) and Moldova (17.7%). In July imports totaled…
DetailsThe minister of industry Pavel Utyupin has presented the new general manager Dmitriy Korchik to the employees of Belarus Iron and Steel Works. His appointment was approved by the head of state on July 29. According to the government, the company has to develop foreign trade. And Korchik has vast experience in this field. Since…
DetailsEnergomashspetsstal has once again successfully submitted parts for the Kudankulam nuclear power plant and passed the check for the production of billets for the main reactor body machinery of the units Nos. 5 and 6. In particular, the company has submitted 8 billets for steam generator, main circulatory machine and main circulatory pipeline to the…
DetailsIn July cargo transportation by Sverdlosvk Railroad in the Nizhniy Tagil region totaled 2.9 million tons, up by 4.6% YoY. In 7 months transportation grew by 4.1%, to 19 million tons. In particular, the railroad transported 6.8 million tons of iron ore, down by 4%, 2.5 million tons of non-ferrous ore, down by 1.7%, and…
DetailsU.K.-based mining giant Evraz, which operates mainly in Russia, has purchased 714 million rubles worth of multi-purpose machines for coalmines, affiliate Raspadskaya said in a statement on August 13. The machines will be installed on the Raspadskaya and Uskovskaya mines. (Prime/Ukrainian metal)
DetailsAccording to the customs statistics, in January-June Russia exported $206.5 billion worth of products, down by 3.6% YoY. The share of metal and wares was 9.5%, down from 10.4% last year. The share of exports to far foreign countries totaled 8.9% (10.1%), and to the CIS countries – 13.3% (12.8%). The cost of exports dropped…
DetailsIn January-June Stoilensky Mining and Processing Works received two excavators with 12-cubic meter ladles and two drilling rigs. The new machines have been purchased due to the increase in ore output. “By 2021 Stoilensky GOK intends to have reached the ore mining of 42 million tons per year. For this we buy modern and highly…
DetailsIn January-June Priisk Dambuki net profit amounted to 84.8 million rubles, up from 83 thousand rubles last year. Revenue grew 10.2-fold, to 241.1 million rubles. Sales profit increased 12-fold, to 131.9 million rubles. EBITDA was 107 million rubles, up from 339 thousand rubles. As of August 8 the company has extracted 245 kg of gold…
DetailsSeverstal-Metiz is supplying a number of metal wares for the construction of the Novatek-Murmansk center for the construction of bulk sea structures. On the western shore of the Kola Bay Novatek is building the largest center in Russia to produce liquefied gas plants on ferroconcrete platforms of the gravitation type. Severstal-Metiz ships fasteners, steel shaped…
DetailsIn July the price of electricity for ArcelorMittal Kriviy Rih increased by 20% MoM, which negatively affected the product cost. “The increase of electricity price will result in expenses growth. Electricity prices have grown not only for us, but also for many of our suppliers of services, raw materials and various products”, the company noted.…
DetailsIn July Ukraine exported 3.5 million tons of iron ore and concentrate, up by 16.2% MoM, valued at $391.8 million, up by 75.7%. According to the State Fiscal Service, in 7 months Ukraine exported 23.3 million tons of ore valued at $2.09 billion. The share of the iron ore raw materials in the overall export…
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