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Severniy Mining and Processing Works has put into operation a Lurgi 552 A pelletizing machine in the pellets shop No. 2 after essential repairs. The cost of the project was 84 million UAH. Other pelletizing machinery will also be repaired at SevGOK. The project will cost some 400 million UAH. (Ukrainian metal)
DetailsGold, platinum and palladium prices decreased in Azerbaijan on May 22 compared to the prices of May 21. The price of gold dropped by 3.2045 manats, to 2,165.443 manats per ounce. The price of silver grew by 0.0142 manats, to 24.5601 manats per ounce. The price of platinum fell by 14.62 manats, to 1,379.295 manats…
DetailsTin Ore Mining has started developing the Syrymbet deposit in the North-Kazakhstan region. Investments in the development will reach 4 billion tenge. The project will be completed until 2021. Syrymbet is the largest undeveloped tin deposit in the world. (Ukrainian metal)
DetailsSeverstal has concluded an agreement on the delivery of the main machinery for the modernization of the automatic pelletizing system in bell furnaces at Cherepovets Iron and Steel Works. Under the first stage of the investment project the company will replace the automatization system at 40 hydrogen stands of bell furnaces. The equipment will be…
DetailsNLMK-Kaluga has produced 7 million tons of steel. The works was commissioned in July 2013 in the Vorsino industrial park close of Moscow, the largest construction market in Russia. The company uses high-quality steel to manufacture some 20 types and sizes of bars and sections, as well as square billets. (Ukrainian metal)
DetailsMetalloinvest and Kamaz have held the fourth coordination council on technical and commercial issues. The meeting was hosted by Oskol Electrometallurgical Works. In November 2017 the companies signed a 3-year contract on the SBQ delivery. Kamaz orders some 80% of its needs at OEMK. Coordination councils are held twice a year and help the parties…
DetailsCorum Group, a part of DTEK, has concluded a new contract valued at 392 million UAH. The company will produce and supply 135 ZRP 15/35 anchoring sections to Poland. In particular, the anchoring has to be delivered to Polska Grupa Gornicza S.A. (PGG) and will be used at the Piast-Ziemowit mine. “In 2018 we ordered…
DetailsRusal has obtained a license to develop the Goryachegorskoye deposit of nepheline ores, the main raw materials for Achinsk Alumina Plant. According to the estimates the reserves of the deposit will be enough for the plant to operate for 60 years. Achinsk Plant is the largest enterprise in Russia processing nepheline ore to produce alumina.…
DetailsTula-Steel intends to start producing steel in late May. The company has plans to enter foreign markets of billets. “Sales volumes will depend on the market situation. But the billets will not be our priority. In the first place we will concentrate on the manufacture of rolled metal”, the company noted. Tula-Steel can export some…
DetailsA new enterprise started operating in the Kurgan industrial park – Kurgan Works of Energy Techniques. The works will produce steel pipes in PPU and PPM insulation, as well as pipe joints. Until the end of the year the company intends to produce some 23 thousand meters of pipes. Investments in the project totaled 76…
DetailsAluminum giant UC RUSAL and energy and metals holding En+ Group of the Russian businessman Oleg Deripaska can reregister in a special administrative zone in Kaliningrad until the end of 2019, Economic Development Minister Maxim Oreshkin declared. “We are working on this and will do all we can on our side,” Oreshkin said. Oreshkin added…
DetailsIn April, Cherepovets Iron and Steel Works increased sales by 2.4% YoY, to 780 thousand tons. In January-April sales dropped by 0.4%, to 3.3 million tons. Sales to domestic customers grew by 25%, to 2.24 million tons, while exports fell by 30.4%, to 1.05 million tons. (Ukrainian metal)
DetailsUkraine has prolonged the antidumping investigation on the imports of rods (rebars) of carbon and alloyed steel from Belarus and Moldova. The interdepartmental commission found out that there was a need to prolong the investigation, begun on July 2, 2018, to 15 months. The decision was taken on May 14 and came into effect on…
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