Russia: OMK president Markin congratulates best Trubodetal employees

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The Trubodetal Manufacturing Facility (AO Trubodetal, Chelyabinsk, a United Metallurgical Company (OMK) subsidiary) hosted an award presentation ceremony for the winners of the Best Employee competition in honor of Trubodetal’s anniversary. The manufacturing facility’s most successful and effective employees received awards in 24 categories, including worker and engineering occupations as well as for administrative and…

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Russia: Chinese firms to buy 5% in Polyus

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China’s Zhaojin Mining Industry and Zijin Mining Group are taking part in talks to buy up to 25% in Russia’s largest gold producer Polyus for $2 billion. Zhaojin is considering buying the stake jointly with China’s Fosun. A Qatari investor is also interested in buying into Polyus, sources said. Suleiman Kerimov, the majority shareholder of…

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Ukraine: coal output up in October 2016

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In October Ukraine (without the Russia-occupied Crimea and ATO zone) mined 2.7 million tons of coal, up by 0.2% YoY and by 5% MoM.

According to the State Service of Statistics, in January-October coal output went up by 4% YoY.

In September coal output dropped by 4%. (Ukrainian metal)

Russia: UGMK to invest 2.2 billion rubles into Gaysky GOK mine

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In 2016 UGMK will invest some 2.2 billion rubles into underground mining at the Gaysky Mining and Processing Works.

According to the company statement, this will increase mining capacities to 7 million tons of ore per year.

Gaysky GOK plans to mine 9.2 million tons of ore, slightly down YoY. (Ukrainian metal)

Ukraine: InGOK concentrate up in January-October 2016

Ingulets Mining and Processing WorksLeave a comment

In January-October Ingulets Mining and Processing Works produced 9.74 million tons of iron ore concentrate, up by 2.6% YoY.

According to a company representative, in October InGOK produced 880 thousand tons of concentrate, up from 739 thousand tons in September. (Ukrainian metal)

Russia: Severstal processing volumes up

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In January-October Severstal-SMC-Vsevolozhsk, a part of Severstal Russian Steel processed over 60 thousand tons of metal, which exceeded the total 2015 results. The company offers a wide range of metal processing services and welded billet production. It operates the first line in Russia on welded billet manufacture for automobile producers. The line is capable of…

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Ukraine: Zaporizhstal confirms management correspondence

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Zaporizhstal has confirmed the correspondence of its integrated management system to ISO 14001, ISO 9001 and OHSAS 18001.

According to the company statement, the audit has been carried out by Bureau Veritas Certification Ukraine. (Ukrainian metal)

Ukraine: Bublei appointed UAVtormet president

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The Ukrainian association of secondary metals (UAVtormet) has elected Vladimir Bubley the president.

Bublei has been the general director of Ceramet since 1995.

UAVtormet, founded in 1999, unites scrap companies of Ukraine, which provide for some 75% of scrap processing. (Ukrainian metal)

Russia: Susumanzoloto elects CEO

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Susumanzoloto board of directors has elected the chief technician and acting general director Alexander Chugunov CEO of the company. Chugunov has been appointed for 5 years. Susumanzoloto is among top-10 gold producers in Russia. In 2015 the company and its subsidiaries mined 4234.4 kg of gold, up by 6.58% YOY. This year it plans to…

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Russia: Nornickel joins the UN Global Compact

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PJSC «MMC «Norilsk Nickel», the world’s largest producer of nickel and palladium, has joined the United Nations Global Compact. This major UN initiative in the area of corporate social responsibility and sustainable development unites entities committed to responsible business and good industry practice worldwide. “Joining the United Nations Global Compact is a milestone for Nornickel…

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Ukraine: VostGOK uranium concentrate output down in January-October 2016

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In January-October Vostochny Mining and Processing Works produced 810.5 tons of uranium concentrate, down by 14.6% YoY. According to the company statement, the cost of the concentrate produced totaled 2.6 billion UAH. In October VostGOK produced 88.4 tons of uranium concentrate valued at 312.8 million UAH. In January-September concentrate output at VostGOK dropped by 17.6%…

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Russia: Rusal sells its Jamaica alumina

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Rusal has sold 100% stake in its Alpart bauxite-alumina complex in Jamaica to the Chinese Jiuquan Iron & Steel (Group) Co. Ltd. (JISCO), for $299 million. Alpart sale will not affect Rusal’s self-sufficiency in alumina. Alpart (Alumina Partners of Jamaica) is a large alumina producer, using bauxites extracted from its own mines. Before it was…

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Russia: Alardinskaya mines 2 million tons of coal

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Since the beginning of the year Alardinskaya mine yielded 2 million tons of coal.

“The world and local markets witness coking coal shortages. To satisfy the metal makers demand we have to work efficiently. Alardinskaya miners successfully cope with this task”, Raspadskaya Coal Company CEO Sergey Stepanov said. (Ukrainian metal)

Ukraine: Mariupol Ilyich developing construction coils manufacture

Mariupol Ilyich Iron and Steel WorksLeave a comment

In October-November Mariupol Ilyich Iron and Steel Works, a part of Metinvest, started producing 1.2-1.55 mm hot-rolled coils. According to Metinvest statement, these coils are used in construction. Coils are made in accordance with DSTU 2834-94/GOST 16523-97. The EU-standard coils are expected to be produced in the near future. “Ukraine never produced hot-rolled coils of…

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