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On June 12, 2 miners perished at the Pokrovskoye Mine Group. As a result of an accident a miner of the breakage face died. The same day an engineer of underground machinery received fatal damages. Last year Metinvest bought 24.99% of the Pokrovskoye shares for $190 million from Victor Nusenkis. (Ukrainian metal)
DetailsIn early June the Yerunakovskaya-VIII miners extracted the 1-millionth ton of coal from the same breakage face. The milestone has been reached in 4 months. The 1-millionth ton of coal was mined at the 48-06 long face that had been in development since last spring. The coal is mined at the depth of 500 meters.…
DetailsChTPZ group intends to increase sales on foreign markets by participating in international projects. In 2019 the group will have high loading in the large diameter pipes segment. In particular, orders have been received to supply 130 thousand tons of large diameter pipes to Kazakhstan for the construction of the Saryarka gas pipeline. The group…
DetailsRussian Deputy Prime Minister Dmitry Kozak has ordered preparation of two government orders limiting exports of scrap ferrous and non-ferrous metals from January 1, 2020. Exports must be carried out only via the commodities markets. A draft order will be prepared by the Industry and Trade, Economic Development and Finance ministries until September 1. The…
DetailsIn January-May 8660 kg of ore gold was mined in Chukotka, down by 6.3% YoY. Silver output dropped by 9.3%, to 44.6 tons. Alluvial gold season will start this month. 5 enterprises mine ore gold in Chukotka. In 2018 the autonomous district yielded 24130 kg of gold and 111.4 tons of silver. (Ukrainian metal)
DetailsAccording to the company deputy managing director Irek Garipov, it intends to increase output by 5% YoY even despite growing competitiveness. While in 2008 there were only 7 manufacturers of roofing sheet, siding and metal tiles, in 2018 there were 11. 10 years ago there were 21 units of machinery to produce roofing sheet in…
DetailsIn January-March, Russia produced 1.14 million tons of ferrous metal structures, up by 8% YoY. Construction metal structures manufacture totaled 0.9 million tons, up also by 8%. The largest manufacturers increased output by 9%, to 510 thousand tons. (Ukrainian metal)
DetailsIrbit Pipe Works Metallinvest has shipped the first batch of its new product – pipes in polyurethane foam insulation. At present the company is capable of producing up to 1 thousand tons of pipes per month and apply PUF insulation on pipes with the diameter of 57 to 820 mm. Such pipes are widely used…
DetailsUralelectromed has started constructing a new warehouse to store sulfur acid. The commissioning of the warehouse is scheduled for December. “The new warehouse will decrease sulfur acid store volumes almost two-fold at the same time improving the efficiency of the acid loading to manufacturing shops”, the company chief engineer Alexei Korolev said. The size of…
DetailsIn May Beloretsk Iron and Steel Works increased metal wares sales by 19% MoM, to 39 thousand tons. Machine-building, car manufacture and construction industry were the main drivers behind the growth in sales. The sales of welding alloyed wire and steel sections for car industry increased by 63% and by 51% respectively. The sales of…
DetailsIn January-April Russia imported 2.174 million tons of ferrous metals, down by 15.6% YoY. In April imports grew by 4.83% MoM, to 0.66 million tons. The import of ferrous metals excluding pig iron, ferroalloys, waste and scrap totaled 1.73 million tons in 4 months, down by 8.3%, with April imports up by 3.92% MoM, to…
DetailsNLMK Group, a global steel company, has won a Silver award at the international Step Two Intranet and Digital Workplace Awards 2019 for the launch of its Intranet portal, which extends to all employees, promotes automation of business processes and enhances personnel engagement. The jury honored the main achievement of the NLMK project: the company…
DetailsThe commercial court of the Dniepropetrovsk region has satisfied the claim of Spirit Finance LLC to the Yuzhniy Mining and Processing Works and decided to recover 1.3 billion UAH from the latter. In September 2017 the UGOK shareholders decided to pay dividends of 16.16 billion UAH (10.16 UAH per ordinary share). In due time the…
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