An overall production of unwrought gold and semi-processed gold or in powder form reached 53,432 kg in January-July, up by 9.7% YoY, Statistics Committee of the National Economy Ministry of Kazakhstan reports. In the accounting period gross output of unwrought and semi-processed silver or in the powder form made 575,426 kg, down by 9.6% YoY.…Details
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The Severopeschanskaya coal mine in Sverdlovsk region town of Krasnoturyinsk collapsed on August 15 killing one miner and injuring another, a spokesperson for the Emergency Ministry’s local branch reported. The injured miner was delivered to hospital, but refused to be hospitalized. The mine is operating in its usual mode. (Prime/Ukrainian metal)Details
The prices of precious metals decreased except for palladium on August 15, according to the data published by the Central Bank. The price of gold dropped by 12.716 manats, to 2,019.2005 manats per ounce on August 15, compared to the price on August 14. The price of silver fell by 0.151 manats, to 25.4363 manats…Details
In January-July Khabarovsk region yielded 13113 kg of gold, up by 10.3% YoY. Ore gold accounted for 10684 kg, up by 12.1%. Alluvial gold sites yielded 2429 kg, up by 3%. Silver output decreased by 5%, to 30.8 tons. The decrease in output is due to the thinning of reserves of the Khakandzhinskoye deposits, developed…Details
MMK has joined the participants of the Chelyabinsk – Yekaterinburg High-Speed Railroad project. The contribution of the company is 10 million rubles. MMK will cover the needs of the project in metal. (Ukrainian metal)Details
Severstal has switched to a new version of the international environment management system standard. The certification audit according to ISO 14001:2015 has been carried out by the Russian division of DQS Holding GmbH. The audit was necessitated by the changes in ISO 14001. The inspection has been carried out in all divisions of the Cherepovets…Details
Over 700 tons of I-beams have been shipped to the construction site of the international sea terminal in the town of Pionersky (Kaliningrad region). The 40K I-beams with the length of 12 meters will be used to construct berths. Evraz NTMK manufactures I-beams of steel alloyed with vanadium to make them stronger. The company can…Details
Russia’s production of finished, semi-finished, and powdered gold increased by 1.7% YoY and by 19.7% MoM in July, the Federal State Statistics Service said in a report. In January-July gold production decreased by 0.6% YoY. Previously, absolute figures on production of precious metals were a state secret. The figures are no longer classified, but the…Details
Russian metals giant Norilsk Nickel is working on a mechanism of settlements in rubles with foreign clients who are ready for that, a representative of the company reported. “Some clients of Norilsk Nickel expressed readiness to make settlements in rubles. We are working on this issue with them,” the representative said. (Prime/Ukrainian metal)Details
Panyutino Wagon-Repair Works, a subsidiary of Ukrzaliznytsia (Ukrainian Railways) has ordered Metinvest-SMC LLC the delivery of metal valued at 55.88 million UAH. This year the company will supply 2520 semi-finished axles manufactured by Dneprovsky Iron and Steel Combine at 22176 UAH apiece. The price of the contract is 0.1% below the expected cost of the…Details
In January-July Ukraine imported 730.9 thousand tons of rolled metal valued at $596.6 million, up by 10.1% and by 21.6% YoY respectively. The increase has to do with the growth of bars imports by 44%, to 306 thousand tons valued at $202.7 million, up by 66%. Flat rolled metal imports dropped by 1.2%, to 163.3…Details
Vyksa Iron and Steel Works has successfully tested the machine to apply protective coating to the pipes in the casing pipe finishing shop. The new Venkajob machine will be used to coat pipes with the special UV-varnish to protect the metal surface from the environment impact and prevent corrosion in transit. During the tests the…Details
In January-July Chukotka Autonomous District mined 364 thousand tons of coal, up by 41%. Beringpromugol LLC has contributed the most to the output increase. In 7 months the company mined 304.3 thousand tons of coal, up 2.3-fold YoY. Shakhta Ugolnaya decreased coal output by 43%, to 59.8 thousand tons. Last year the region yielded 445…Details
Chelyabinsk Zinc Works is carrying out a program to modernize its capacities. In particular, the specialists have started switching machinery of the rotary kiln No. 2 to rotary oxide calcination. The framework of the building has been completely reconstructed. The project will be finished in September. The total cost is 410 million rubles. (Ukrainian metal)Details
Izhstal has passed the re-certification audit for the correspondence of its quality management system to ISO 9001:2015. The certificate increases the competitiveness of the company both on the domestic market and abroad. The inspection has been carried out TUV SUD. The company received its first quality management system certificate according to ISO 9000 in 2003.…Details
In January-July exports of raw materials for metal industry grew by 42.2%, to 2.6 million tons, valued at $1.323 billion, up by 32.3%. Pig iron exports went up by 59.3%, to 1.767 million tons, with 175.5 thousand tons valued at $64.56 million exported in July, which was one of the lowest results since the start…Details
The board of directors of Russian metals giant Norilsk Nickel has recommended paying 776.02 rubles per share, or a total of about 122.802 billion rubles in dividends for January-June, the company said in a statement. The shareholders will discuss the recommendation at an extraordinary meeting scheduled for August 27. The record date for the dividends…Details