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The State Bureau of Investigations is suspecting the employees of the state enterprise Selidovugol and its separate division of the Mine 1-3 Novogrodovskaya in embezzling state funds while mining coal on the rented coalfields. In 2012 the Mine 1-3 Novogrodovskaya LLC received coalfields of the state mine for 20 years. The company has concluded an…
DetailsCentral Mining and Processing Works was the first in Ukraine to install ceramic filters at the processing site. The new vacuum filters are a part of a large-scale project to produce DRI pellets. Investments in modernization amounted to $5 million. The new equipment will allow decreasing the prime cost of natural resources processing. Ceramic filters…
DetailsJudging from the Cabinet of Ministers decree dated February 17, the government is worried about the quality of rolled metal used in construction. There are 177 companies in the country manufacturing metal products for construction. Flaws have been found out in their operation that affect the safety of steel products. In particular, they are the…
DetailsIn 2019 KAZ Minerals increased EBITDA by 3.4%, to $1.355 billion. Sales grew by 5%, to $2.266 billion. The group sold 317 thousand tons of copper and 225 thousand ounces of gold. Profit last year increased by 12%, to $571 million. Net debt went up to $2.759 billion. (Ukrainian metal)
DetailsZlatoust Iron and Steel Works has finished hot tests of its new Danieli integrated forging machine. The machine is expected to increase company competitiveness on the special steel market. The new machine can produce forged billets with the diameter of 100 to 800 mm and the length of up to 10 meters. The maximum weight…
DetailsIn 2019, MMK and Lysva Iron and Steel Works increased sales by 8% YoY, to 8.3 million tons. Hot-rolled metal accounted for 48% of sales, shapes – 17%, cold-rolled metal – 11%, galvanized metal – 14% and polymer-coated metal – 5%. The main customers were pipe enterprises (31%) and metal traders (32%). Machine-building companies accounted…
DetailsIn January Kuzbass pits yielded 10.6 million tons of coal (13.3 million tons in January 2019) and mines – 7.4 million tons (6.9 million tons). Coking coal accounted for 6.4 million tons (6.4 million tons), while power-generating coal – 11.6 million tons (13.8 million tons). 16.8 million tons of coal were transported via railroad (19…
DetailsIn 2019 Russia supplied 558.6 thousand tons of rolled steel and pipes to Ukraine, down by 13.4% YoY. Until 2014 the deliveries were 2 times higher. Flat rolled metal accounted for 46% of exports, down by 15.2%. Deliveries of sections dropped by 10%, to 36.7%. Exports of steel pipes fell by 18%, to 39 thousand…
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