In January-March, Chukotka Autonomous District mined 110 thousand tons of coal, down by 40% YoY. The decrease has to do with the scheduled drop in mining at the Fandyushkinskoye deposit. In 3 months Beringpromugol LLC, operating at the deposit, mined 76.9 thousand tons of coal, down by 45% YoY. The second coalminer – Shakhta Ugolnaya…Details
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The European Commission has started another investigation of ferrosilicon imports from China and Russia. The previous antidumping duties, imposed in April 2014, have expired. The initiative to start a new investigation came from Euroalliages. The association believes that the cancellation of duties will result in new dumping deliveries and damages to the European companies. Duties…Details
In January-March, VIZ-Stal produced 43 thousand tons of transformer steel, on par with Q1 2018. Capacities were 100% loaded. Sales grew by 5%, to 43 thousand tons. Exports accounted for 87% of sales. The key markets were India, Near East and North America. (Ukrainian metal)Details
In 2018 NLMK Bars Division increased sales by 11% YoY. Demand growth was expected at 1-2%, but actually totaled 5.6%. The group enterprises supplied 1.8 million tons of rebars and 763 thousand tons of steel billets to the domestic market. This year NLMK Bars Division intends to retain its share of the rebars market on…Details
In January-March, Russia produced 15.2 million tons of rolled metal, up by 0.7% YoY. In March output grew by 3% MoM, but dropped by 5% YoY. According to the Federal Service of State Statistics, pig iron manufacture decreased by 1%, to 12.9 million tons, with March results down by 5.4% YoY, but up by 1%…Details
Magnitogorsk Iron and Steel Works (MMK) has commissioned sinter machine No. 1, which has produced the first sinter for the blast furnace shop, at the construction site of sinter plant No. 5. The launch was attended by the Chairman of the Board of Directors of MMK Victor Rashnikov and General Director Pavel Shilyaev. “The construction…Details
This year the Brindakit LLC, developing alluvial gold sites in the Republic of Sakha (Yakutia), has decreased its annual target by 9.8% YoY. In particular, this year the enterprise intends to extract 92 kg of gold, while last year the output was 102 kg. The decrease has to do with the thinning of alluvial nodes.…Details
PJSC Magnitogorsk Iron and Steel Works (MMK) has shipped the first batch of rolled products with new consumer properties. Improved quality characteristics of hot-rolled sheet metal are obtained through the use of a unique technology, which cleans scale from the surface of the sheet. The emergence of new steel products with unique quality properties was…Details
An Association of precious metals manufacturers has been created. The association was created on the initiative of the Tau-Ken Samruk company. At present 7 companies are members of the association. Association of mining and metallurgical enterprises has been operating for over 10 years in Kazakhstan. Tau-Ken Samruk, as well as major gold-extracting enterprises are also…Details
Karelsky Okatysh has received a new TEM18DM locomotive. This is the second environment-friendly railroad machine at the enterprise. The locomotive will deliver cargo to the Tovarnaya station. With the 720 kW engine the locomotive can transport up to 5 thousand tons of cargo, while saving some 10% of the fuel. At present Karelsky Okatysh operates…Details
In January-March, Ukraine imported $6.9 million worth of gold, silver and platinum. According to the State Fiscal Service, gold imports reached $4.7 million, silver – $1.2 million and platinum – $1 million. The largest supplier of gold was Switzerland. In 3 month it supplied $4.1 million worth of gold. Germany supplied the most platinum –…Details