Uralskaya Stal, a part of Metalloinvest, has started producing slag pots. The first trial pot for the pig iron manufacture of the company was produced in July 2016. The pot is still operating, even after 500 pourings. Metalloinvest buys 30 slag pots for its enterprises each year. Following the pot for the blast furnace shop,…
DetailsThe aviation industry demand for titanium will increase with the expansion of the usage of composite materials. Composites are widely used in the construction of the new generation aircraft, but corrode aluminum, the main metal in plane construction. But titanium is not affected by corrosion and combines well with composites. The first Boeing and Airbus…
DetailsPerfoGrad LLC, Voronezh, has produced a batch of perforated sheets for the construction of the Yekaterinburg Arena. In particular, the company supplied 2 thousand square meters of the perforated sheets for the technical premises of the stadium. The company intends to supply 5 thousand square meters more. PerfoGrad specializes in the manufacture of perforated metal…
DetailsIn 2016 Yanzoloto, working in Ust-Yansk in the Republic of Sakha (Yakutia), mined 150 kg of gold, having exceeded its annual target.
The company expects the gold reserves at the site to increase by 2.5 tons. (Ukrainian metal)
In 2016 Magnitogorsk Iron and Steel Works produced 12.7 thousand tons of galvanized pipes. This was a record result in the history of the shop No. 8. The previous record was set in 2013, when MMK produced 11.3 thousand tons of galvanized pipes. 2016 also saw the monthly record of pipe output – 1540 tons…
DetailsThe Avdiivka Coke and Chemical Works is still not operating because of the military activity. According to the company CEO Musa Magomedov, the repairmen were able to restore the electricity lines and bring energy to the town of Avdiivka. “The volumes of coke gas are not enough to heat both the batteries and the town,…
DetailsSeverstal announced details of its 2017 capital investment program, which highlighted its operational excellence and long-term competitiveness. In 2017 Severstal plans to invest approximately 43 billion rubles across the business. This investment will primarily focus on developing key areas of the company’s strategy including cost control, increasing production of high-value added products and enhancing safety…
DetailsThe working group created by the Ministry of energy and coal industry to investigate the state purchases by mining companies has called the management of the state enterprise Krasnoarmeyskugol to come to Kiev. The increased prices of Donbass mining companies during state purchases have drawn attention of journalists, people’s deputies and the people. The scandal…
DetailsNavoi Iron and Steel Works has resumed gold mining at Amantaytau mine in the Central Kyzylkum. In 2003 the previous owner Amantaytau Goldfields put the gold mining factory in operation there with the capacity to produce 6.3 tons of gold per year. In 2011 the company was liquidated and its assets given to the Navoi…
DetailsLydian Armenia, operating at the Amulsar deposits in Jermuk, will receive its first gold nugget in March 2018. The construction works in Jermuk are underway and will last for 18 months. “We are prepared to invest $370 million and create 700 jobs in 10 years. The program presupposes the annual gold exports of $259 million”,…
DetailsThe Rosprirodnadzor (the Federal service of supervision in environment) has found out that Mechel-koks works in Chelyabinsk has been polluting the air. The service ruled the polluting equipment to be shut down. The service is preparing documents for the court to shut down the works for 90 days. Mechel-koks does not agree with the service…
DetailsChelyabinsk Iron and Steel Works, a part of Mechel, has successfully passed the re-certification audit for the compliance of its construction materials with the state standards. The company has received certificates for 14 types of products, including the flange beam, the manufacture of which has started in the beam-rail shop. The certificates allow the company…
DetailsIn 2016 Zaporozhogneupor increased tax payments to the local budget by 74%, or by 12.6 million UAH, to 29.6 million UAH. According to the company statement, in 2015 it paid 17 million UAH of taxes. The key factors for the increase of taxes in 2016 were the growth of salary by 23% and payments for…
DetailsThe Mariupol Ilyich Iron and Steel Works will have additional expenses of 700 million UAH following the increase of railroad tariffs, and 10% of its products will become profitless, the company CEO Yuri Zinchenko said. “In case of another tariff increase 10% of our 2017 orders will automatically become profitless. Why? Because the prime cost…
DetailsUkraine expects the European Union to cancel the antidumping duty on the import of steel ropes after almost 19 years, the deputy economy development and trade minister, the trade representative of Ukraine Natalia Mykolskaya wrote on her Facebook page. She noted, these were the last antidumping measures against Ukrainian export to EU. “These measures resulted…
DetailsThe mine named after Zasyadko in the pro-Russian terrorist-occupied Donetsk resumed operation after shelling. “The energy supply to the mine has been restored, the miners started working”, the separatist media report. The mine was cut off from electricity on January 31, following intense shelling. Some 200 miners remained underground. During the day they have all…
DetailsThe salary debts to state miners decreased by 83%, to 36.9 million UAH as of January 1. According to the Ministry of energy and coal industry, the debts decreased by 75.5% YoY, or by 111.66 million UAH. On the whole as of January 1, the state enterprises managed by the ministry and situated on the…
DetailsSteelmaker Severstal, controlled by Russian tycoon Alexei Mordashov, expects possible government claims to amount to about $400 million of taxes on dividends transferred to the British Virgin Islands through Cyprus companies in 2009-2015. The company said that the figure was based on 2015 changes in the law on controlled foreign corporations aimed at regulation of…
DetailsRussian oil and gas pipe maker TMK plans to sell 139 million common shares at 75 rubles per paper during a secondary public offering (SPO) to raise about 10.417 billion rubles from the placement, the company said in a statement. Earlier TMK said it launched the SPO to offer up to 139 million common shares…
DetailsThe state enterprise Lvivugol has received 14.7 million UAH for the sale of coal.
“All the money was spent to pay salary to miners. They have received their December 2016 salary in full”, the energy and fuel department of the Lviv state regional administration reported. (Ukrainian metal)
Following Taiwan that in mid-January announced it would join the consultations between Japan and India on the Indian steel imports limitations, Ukraine and Russia decided to do the same. According to Russia, the import limitations, imposed by India in 2015-2016, resulted in the decrease of Russian exports to India by 38% YoY in 2016, to…
DetailsYakutugol, a part of Mechel, has purchased two new excavators EKG-18 for the operation at its Neryugrinsky mine. The new machinery was purchased within the program of technical modernization of the enterprise. The cost of the two machines is around 1.2 billion rubles. The first excavator will be put into operation in March. The excavators…
DetailsOn February 15, the Eurasian Economic Committee will hold a public hearing within the antidumping investigation of the Ukrainian hot-rolled angles supplies to the territory of the Customs Union. The investigation started in August 2016, following the complaint of Evraz ZSMK and NTMK. Severstal and MMK were also interested in implementation of limiting measures. (Ukrainian…
DetailsMetinvest fears the blast furnaces of its Azovstal Iron and Steel Works could decrease output to the lowest possible level because of the lack of coke. According to the group’s press-service at present all the blast furnaces are operating, as they get coke from the 3 coking batteries. But they are not enough to provide…
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