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Russia’s exports of ferrous metals decreased by 4.2% MoM, to 3.192 million tons and by 5.2% to $1.536 billion in May, the Federal Customs Service said. In January-May exports of ferrous metals contracted by 8.8% YoY, to 17.519 million tons and by 15.6%, to $8.145 billion. Cast iron exports dropped by 15.5%, to 1.873 million…
DetailsTrubodetal has modernized its welding and control equipment for the manufacture of stamped and welded pipeline parts. This will let the company get quality advantage when producing parts with the diameter of up to 1420 mm used in the construction of pipelines. The investment project was carried out in 2016-2019. Investments totaled 400 million rubles.…
DetailsSeverstal – Neva-Metal has put into operation the second stage of the covered warehouse to store steel products at the terminal in the third district of the Big Port St. Petersburg. The main contractor was Severstal Steel Decisions, which designed and constructed the warehouse with the size of 3.3 thousand square meters. In 2016 Neva-Metal…
DetailsThe Kirbinskiy Coal Pit has merged with the Russky Ugol Company. The pit develops the Beyskoye deposit in the Republic of Khakassia. In June Russky Ugol purchased 100% shares in the Kirbinskiy Pit LLC. The pit reserves amount to 354 million tons of coal, and of the whole deposit – 3.2 billion tons. This year…
DetailsBeloretsk Iron and Steel Works has received a certificate of correspondence of its steel ropes to the safety requirements of the oil and gas, mining and other industries. The certification has been carried out at the request of Russian mining companies. The experts have confirmed the quality of the import-replacing steel ropes with the diameter…
DetailsThe largest investment project to create iron ore manufacture in Kriviy Rih, carried out by Canadian Black Iron, has reached its final stage. Since 2010 Black Iron has been operating in Ukraine via the Shimanovskoye Steel LLC and investing in the creation of a mining-processing works with the capacity of 8 million tons of iron…
DetailsShareholders of the Yuzhniy Mining and Processing Works intend to spend a part of profit for 2018 (7.133 billion UAH) to pay dividends. This amounts to 4.484251 UAH per ordinary share. The issue will be discussed at the meeting scheduled for July 19. (Ukrainian metal)
DetailsVostoc-2 miners team, the only alluvial gold extractor in Sakhalin region, in the first two months of the washing season has obtained 10 kg of the precious metal, down 2-fold YoY. The decrease in the output is due to the lack of bulldozer engineers at the start of the season. In July the team plans…
DetailsThe sinking of a Skipovo-Kletevaya mine shaft has begun at the Novo-Uchalinsky mine of the Uchaly Mining and Processing Works. 55 employees are involved in the work. This year it is expected to sink the shaft to 330 meters. The construction of the shaft will be finished in 2024 at the depth of 1530 meters.…
DetailsA construction of a water pipeline from the village of Sosenki to the city district of Troitsk has begun. The diameter of the pipeline will be 1,000 mm. The pipes of high quality pig iron manufactured by Svobodniy Sokol have been chosen for the construction. (Ukrainian metal)
DetailsThe state enterprise Pervomayskugol reorganization committee chairman Anatoly Zhilenko was denied entry to the territory. On July 4, he together with the director of the coal industry department of the Ministry of energy and coal industry Alexander Vladychenko arrived in Pervomaysk. Vladychenko had to present Zhilenko, but the employees of all the four mines gathered…
DetailsArcelorMittal Kriviy Rih has invested 6.3 million UAH in the purchase of a locomotive and 20 new cars for the Artem 1 mine. The cars started transporting rock and ore in June, and the 14KA locomotive – in July. AMKR mines operate 30 locomotives. This year the company intends to invest 142 million UAH in…
DetailsMMK has completed the repair of the small-section mill-170. The mill saw repair of its heating furnace, as well as the replacement of all Stelmor fans. The contract to modernize the mill was concluded in late 2017 with Danieli and Officine Meccaniche S.p.A. The cost of the contract was 5.5 million euros. At present both…
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