The Aluminum Association hosted a seminar on the operation of the Institute of light materials and technologies. The institute has been created by Rusal. One of the main projects for the institute will be the forging technology for car industry. At present transports account for 27%, or some 4.2 million tons of aluminum consumption per…
DetailsThe Russian oil-and-gas company Novatek has announced the gathering of the information on the level of technical and manufacturing capacities of metal suppliers from Tyumen region. In particular, the company is interested in the information on the technological pipelines, pipe valves, heat-exchanging machinery, heating equipment, pipe wares, crane and lifting equipment, as well as metal…
DetailsThe authorities of the Primorsky region decided to give 250 million rubles to resume operation of the Lermontovsky Mining and Processing Works, but the order of the subsidies provision has not been settled yet. “The draft document has been developed, but not adopted. It contains some impossible conditions. For example, it states that the companies…
DetailsOut of 25 million tons of coal, used by Ukrainian power plants in 2016 anthracite accounted for only 9 million tons, with just 400 thousand purchased abroad, the people’s deputy, the Rada committee on the fuel and energy issues secretary Viktoria Voynitskaya reported. Thus the “Rotterdam+” formula, supported by the Petr Poroshenko team, does not…
DetailsShareholders of the Azovstal Iron and Steel Works intend to spend all the net profits from 2016 and a part of profit from 2014 to pay dividends. According to the shareholders’ decision, they plan to spend 558.417 UAH of net profit for 2016 (0.13352461 UAH per ordinary share), as well as 915 million UAH of…
DetailsThe Ministry of energy and coal ministry on its next meeting has to present its strategy of the mine development. “We have to finally create our own program of restructuring and modernizing mines and the coalmining industry. We didn’t have such a program before. I suggested creating a strategy of the mines development”, the Prime…
DetailsIn 2016 the net profits of Raspadskaya, one of the largest coking coal producers in Russia, reached $185 million as opposed to $126 million of losses in 2015. Raspadskaya is the only industrial territorial complex on coal mining and processing in the Kemerovo region. It has licenses to mine on the vast coal deposits to…
DetailsIn 2016 Energomashspetsstal received 1497.9 million UAH of losses, down 2.1-fold YoY. According to the company statement, in 2015 its net losses increased by 21% YoY, to 3210 million UAH. In 2016 the company assets decreased by 5.4% YoY, to 4054 million UAH, including accounts receivable by 8%, to 350.81 million UAH, with current liabilities…
DetailsPobuzhye Ferronickel Plant, a part of Solway, could resume the imports of power-generating coal from Colombia in case the deliveries from Ukraine and CIS countries are blocked. “We have created a data base on coals. Colombian coal fits our technology well, but it’s an alternative variant”, he said. According to Bespalov, if deliveries of Ukrainian,…
DetailsThe Prime Minister of Ukraine Vladimir Groysman believes that the government could start buying coal from USA, Australia and South Africa. “We will buy it for foreign currency. Either from the US, or from Australia, or from the South Africa. This is very serious”, he said. According to him in its time the government of…
DetailsOn March 20, after an overhaul the Volgograd Iron and Steel Works “Krasniy Oktyabr” put into operation its arc-furnace No. 5. The furnace was halted for repairs in September 2016. The outdated transformer machinery was disassembled and the new transformer by ABB Transformer AB (Sweden) assembled in the furnace. The repair will improve the furnace…
DetailsThe Chelyabinsk Pipe Plant has opened a book of inquiries for 7-year bonds in the volume of 5 billion rubles. The demand on behalf of 25 companies exceeded 8 billion rubles. According to the company statement, the bonds have an interest rate of 9.7%. The bonds will be placed on March 30, at the Moscow…
DetailsSince 2014 investments into the mining industry of the Khabarovsk region totaled 16 billion rubles. Belaya Gora Mining and Processing Works increased ore processing by 10% in 2 years. In 2016 Polymetal put into operation a GOK at the Svetloye deposits. Amur Zoloto LLC has resumed operation at the Yubileinaya gold factory, and the Ayano-Maysk…
DetailsIn January-February Russia increased raw copper output by 1% YoY.
According to the Federal Service of State Statistics, copper alloys output dropped by 18.7%, rods and sections – by 37.3%, but wire production rose by 38.3%, and foil – by 80.2%. (Ukrainian metal)
The Noginsk Pipe-Section Works has started manufacturing a new type of product: arc-welded section pipes with 110x110x6 mm size of 09G2S steel and 55x55x2 mm of 3SP.
The first products have been manufactured for the end customer.
In future NTPZ intends to produce such pipes on regular basis. (Ukrainian metal)
In 2016 the United Metal Company was named the best Russian pipe manufacturer for oil-and-gas industry. According to the company marketing and strategy director Ilya Kolomiets, the title was the result of a questionnaire poll of over 30 companies representing the industry, including Gazprom, Gazprom neft, Surgutneftegas, Sibur, etc. The award was presented at the…
DetailsThe new site of the vanadium slag fine grinding at the foundry shop of Evraz NTMK has assembled new tubular filters of the exsufflation system. The machinery guarantees the environmentally clean manufacturing process and the improvement of the labor conditions. 229 exsufflation filters have been put into operation. Over 40 tons of dust per day…
DetailsTechi Rus, a part of Severstal-Metiz, is increasing its manufacturing site in Cherepovets. According to the company statement, the industrial floor of 1.2 thousand square meters is being constructed. The site will be used to store raw materials and machinery to produce steel ropes. “The increase of capacities will provide us with additional opportunities. First…
DetailsUkrzaliznytsia has announced a purchase of railroad rails, joint bars and rail chairs with the total cost of 2019.367 million UAH. In particular, the company will buy 63 thousand tons of railroad rails at the expected price of 1779.846 million UAH, as well as 6668 tons of chairs and 1176 tons of joint bars at…
DetailsSince the start of 2017 Ukraine produced 11.05 million tons of iron ore raw materials, down by 1.3 million tons YoY. In February average daily output totaled 130.2 thousand tons, up by 16.3 thousand tons MoM, with 5414.2 thousand tons produced, down by 219.3 thousand tons MoM. Severniy and Ingulets GOKs have decreased output by…
DetailsThe Ministry of Transport and Roads and the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan can’t agree on railway tariffs for the transportation of coal, the head of the State Committee Duishenbek Zilaliyev said on March 24, at a government meeting. According to him, under the agreement on the application of unified…
DetailsThe Cabinet of Ministers of Ukraine has exempted operations with ferrous and non-ferrous scrap metal, in particular imports, from value added tax (VAT) until January 1, 2019. The corresponding government resolution dated March 22, amends another resolution No. 15 dated January 12, 2011, which defined the list of ferrous and non-ferrous metal scrap and waste,…
DetailsGold production at the Kumtor mine in 2016 was 550,960 ounces or 17,136.78 kg, Kumtor Gold Company informed. Gold sales were 546,342 ounces or 16,993.15 kg with a revenue totaling $686.4 million. According to preliminary reports of the KR National Statistics Committee, Kumtor’s share in KR GDP in 2016 was 8% and in the overall…
DetailsThe Taganrog Iron and Steel Works, a part of TMK, has been visited by the Rostov region deputy governor on industry development, energy and transport Vladimir Krupin and the first deputy minister of industry and energy of the region Andrei Savelyev. Together with the managing director Sergey Bilan they have visited the arc-furnace and pipe-rolling…
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