Yuzhny Kuzbass, a part of Mechel, has purchased a pump for coal concentrate water separation before drying valued at some 6 million rubles for its Siberia central processing factory. The new pump boasts better productivity, as it creates up to 300 cubic meters of air environment per minute, and can also decrease electricity expenses. The…Details
Evraz has paid some of its loans to a number of banks in Kazakhstan in advance. According to the group statement, it has cleared $120 million of its pre-export financing loan of $500 million, $81 million of the $125 million loan from Unicredit, and $87 of $100 million from Nordea. The Kazakhstan Bank on Development…Details
Energomashspetsstal will produce working rolls for two ArcelorMittal works. According to the company statement, it will supply 4 working rolls for hot-rolling to Belval & Differdange. According to the contract, the rolls will be delivered in Q3. Their total weight is 130 tons. For ArcelorMittal Kriviy Rih EMSS will produce 8 rolls with the total…Details
In 2016 scrap procurement dropped to 3.5 million tons, the lowest result in the last 20 years. The main reasons for this are the thinning of the main sources of raw materials, machine-building stagnation, decrease in dollar purchasing prices, etc. “Ukraine has a considerable reserve of the outdated metal. The total volume is 600 million…Details
On March 10, Zaporizhstal started delivering metal to its customers by way of rivers after a three-months winter break. This year the company plans to supply around 600 thousand tons of metal by river to Bulgaria, Turkey, Serbia, Greece and Romania. “Water transportation has undeniable logistics advantages compared with other means of transportation. We systematically…Details
In January salary debts to state miners increased by 96.6%, to 70.97 million UAH. According to the Ministry of energy and coal industry, as of January 1, 2017 the salary debt stood at 36.09 million UAH. From January 1, the ministry has increased the selling price of the power-generating coal, yielded by state mines, by…Details
In January-February Russian ports transshipped 114.8 million tons of cargo, up by 8.2% YoY.
According to the Association of the Sea Trade Ports, the positive dynamics was the result of the increase in coal throughput (by 15.2% YoY, to 20.9 million tons) and ferrous metals (by 2.5%, to 4.5 million tons). (Ukrainian metal)
In February Amurmetal, the only ferrous metallurgy enterprise on the Russian Far East, received 4.6 thousand tons of scrap via railroad, up 4 times MoM, but down almost 8-fold YoY.
According to the railroad statistics, in January-February railroad deliveries of scrap totaled 5.85 thousand tons, an absolute minimum in the last several years. (Ukrainian metal)
The ore reserves of the Russian silver and gold producer Polymetal International fell by 5%, to 616 tons, in 2016, the company said in a statement on March 14. “Polymetal’s ore reserves decreased by 5%, to 19.8 million ounces of gold equivalent mainly due to mining depletion and a downgrade at Varvara, which were partially…Details
In January-February the gold-mining companies of the Magadan region yielded 2133 kg of gold, up by 693 kg YoY.
Last year the region mined 28 tons of gold. This year the local authorities set a new target – 30 tons. The Pavlik deposits of Arlan are set to increase output by 1.5 tons. (Ukrainian metal)
In 2017 Ukrainian thermal and steam power plants will consume 25.9 million tons of coal. 5.6 million tons will have to be imported, according to the Ministry of energy and coal industry fuel balance forecast. In 2017 Ukraine will have to import 733.4 thousand tons of gas-grade coal from Poland, 69.5 thousand tons of anthracite…Details
The energy supplies to the Avdiivka Coke and Chemical Works have been renewed. “Avdiivka and the works have received electricity. Repairs to be continued. We don’t know what tomorrow brings, but as for now Avdiivka Coke is operational”, Metinvest reported. The energy supply to the works has been several times stopped this year because of…Details
According to the Chelyabinsk region authorities negotiations are underway with 3 companies interested in buying Ufaleinickel from the current owner. At present the work is idle. 700 employees have nothing to do, and 500 of them have received notification on resignation. The Verkhny Ufalei town council is engaged in creation of new and temporary jobs…Details
Chelyabinsk Iron and Steel Works, a part of Mechel, has carried out the scheduled repair of its 2300 hot-rolling mill.
The overhaul has been conducted by the works’ employees.
The scheduled repairs will ensure the stable and effective operation of the mill until the next overhaul. (Ukrainian metal)
Lipetsk Gipromez, one of the largest engineering and project design companies in the Russian metals and mining industry and part of NLMK Group, has been rebranded and renamed NLMK Engineering. The changes to the company’s name, logo and strategic positioning are a reflection of the extensive development it has undertaken over the last two years.…Details
PJSC ArcelorMittal Kriviy Rih intends to purchase each premises located at Lavrenyova and Chystopilska streets (also known as “Zhukovka village”) in Saksahanskiy district of Kriviy Rih at the price of UAH 450 thousand. In general, this is 32 single-story dwelling houses and outbuildings constructed in 1950-1955, located in dangerous zone of ground motion due to…Details
Residents of Batken region opposed development of Shambesai gold deposit. The State Committee of Industry, Energy and Subsoil Use tried to tell them about the advantages of the project. Representatives of Z-Explorer Company held a presentation of Shambesai project with explanation of the proposed technology for development of the field and measures for environmental protection,…Details
Metal and metal wares share in the total exports to far foreign countries reached 9.1% in January 2017 (8% year ago). According to the Federal Customs Service, the monetary volume of the exports grew by 66.4% YoY, and physical – by 12%. Copper and copper alloys exports increased 2.2-fold, aluminum – by 17.6%, iron and…Details
A new long face has been put into operation at the mine named after Lenin, operating within the Yuzhny Kuzbass coal company. The reserves of the long face are estimated at 369 thousand tons of coking coal. The length of the long face is 120 meters. The coal will be supplied to Russian iron and…Details
In January the share of metal and wares in the imports from far foreign countries totaled 5.3% (5.4% in 2016), with monetary volume up by 34.4% YoY, and physical volume – by 36.8%. According to the Federal Customs Service, ferrous metals imports increased by 39.5%, with pipe imports down by 24.3%, and iron and alloyed…Details
The Russian court has arrested the ex-general manager of Severstal Vadim Larin in his absence on the accusation of bribing during the state checks of the company mines in Vorkuta. At present the Investigation committee of the Komi Republic has no information of his whereabouts. In early February it was believed he was in UK.…Details
The chairman of the government Dmitry Medvedev believes that metal structures for ski lifts at ski resorts, which are currently imported, could be produced in Russia. “We understand that the whole number of structures, including metal structures, used in lifts, we purchase abroad at high price. It’s quite possible to produce them here”, he said.…Details
In 2017 Electrozinc, a part of UMMC, will invest 476 million rubles (up by 19% YoY) into the repair, replacement of the old and purchase of new equipment. Maintenance repairs of 420 objects including 23 capital repairs have been scheduled this year at Electrozinc. Their cost is 340 million rubles. 136 million rubles will be…Details
Severstal will invest 22 billion rubles into the development of Cherepovets Iron and Steel Works and other Severstal Russian Steel assets. According to the company statement, 55% of the amount will be invested in the maintenance projects, the major of which is the reconstruction of the coking battery No. 4. The rest will be spent…Details