An agreement with the company that has won the competition for rehabilitation of Makmal field will have been signed by the end of the month, the Chairman of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan, Emil Osmonbetov, announced. According to him, the competition for Makmal was held last year. The project…
DetailsKorshunovsky Mining and Processing Works has put into operation a renewed system of monitoring the quarry transport named Karier (Quarry). The system allows for more efficient control of the main indexes of the quarry machine fleet operation: lifting capacity, delay time, fuel consumption, etc. The system has been operating since 2007. The modernization of the…
DetailsIn February ArcelorMittal Temirtau plans to complete the investment project to commission a ladle furnace No. 3 in its converter shop. The machine will join two other ladle furnaces already operating in the oxygen-converter shop. The capacity of the new machine is at least 24 smeltings per day, or 2.2 million tons of steel per…
DetailsSergey Kaplin, a member of the Verkhovna Rada from the Petr Poroshenko Block faction, suggests nationalizing ArcelorMittal Kriviy Rih. According to an explanatory note to a draft decree, the MP suggests the Cabinet of Ministers to buy all the shares of the enterprise. The goal behind the idea is to protect the national interests and…
DetailsUkrzaliznytsia (Ukrainian Railways) has once again announced a tender to sell scrap. This is 16.059 thousand tons of bulk scrap No. 510 (rail scrap) with the starting price of 181.196 million UAH. The auction will take place on March 4. (Ukrainian metal)
DetailsIn January Zaporozhye Iron Ore Complex decreased iron ore output by 1.9% YoY, to 360 thousand tons. Last year the enterprise produced 4.552 million tons of ore, up by 1.1% YoY. Iron content was 60.91%. In December 2018 ZZhRK mined 376.1 thousand tons of iron ore, down by 1.5% from the target. Iron content was…
DetailsIn January Khabarovsk region extracted 1314.5 kg of ore gold, up by 17.1% YoY. Silver output grew by 3.3%, to 4.3 tons. In January 2018 the region yielded 1122.2 kg of gold and 4.1 tons of silver. Alluvial gold sites will start working in May. Last year Khabarovsk region produced 24.591 tons of gold and…
DetailsThe Irkutsk industrial company MetalActivgroup has modernized its manufacturing capacities and increased metallized pellets and DRI output. This is the only enterprise in Russia to produce metallized pellets and DRI of magnetite ore using coal. In 2018 the company attracted a loan of 28 million rubles to buy machinery. 12 million rubles were provided by…
Details2 miners have perished at the Yubileynya mine of Sukhaya Balka. The accident happened at 7 a.m. after a night shift at the depth of 1340 meters. The miners died of gas. The bodies are still in the mine. The conditions of the accident are being determined. (Ukrainian metal)
DetailsIn January Ukraine exported 40.6 thousand tons of pipes, down by 10.9% MoM, valued at $48.7 million. According to the State Fiscal Service, the pipes share in the total export was 1.19%. Seamless pipes accounted for 31 thousand tons ($42.8 million), other pipes and tubes – 8.7 thousand tons ($5.3 million) and other pipes and…
DetailsAccording to the Statistics Committee of the Ministry of the National Economy, in January Kazakhstan produced 223.8 thousand tons of steel, down by 41.3% YoY. Flat rolled metal manufacture dropped by 72.3%, to 69.932 thousand tons. Ferroalloys output grew by 5.4%, to 180.573 thousand tons. (Ukrainian metal)
DetailsEnergomashspetsstal has received a new order from ArcelorMittal – Belval & Differdange to produce and supply 4 working rolls for the hot-rolling mill. According to the agreement, the rolls have to be shipped to Luxembourg in September-October. The total weight of the batch will be 128 tons. EMSS and AM have been cooperating since 2011.…
DetailsSeverstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announces that Moody’s has upgraded its rating on Severstal to Baa2 from Baa3 and changed its outlook from positive to stable. Moody’s also raised Russia’s country ceilings for foreign currency debt to Baa2/P-2 from Baa3/P-3 and the ceilings for local currency-denominated debt…
Details