The British Anglo Asian Mining Plc. company, engaged in the gold, silver and copper extraction in Azerbaijan, increased the gold production in Gadabay by 17%, to 83,736 in 2018, the company said. During the reporting period, the company mined 72,798 ounces of gold, 1,645 tons of copper and 210,184 ounces of silver. Gold production increased…Details
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The U.S. Senate’s rejection of a bid to block the easing of sanctions on Russian aluminum company Rusal PLC will have the practical effect of reducing pressure on an Armenian aluminum mill, reported the Armenian National Committee of America. The mill, owned by Armenal, employs 700 in Yerevan, indirectly supports thousands of area families, and…Details
Severstal Steel Decisions has produced an additional set of crane beams weighing over 72 tons to be used to replace crane machinery over the mill-2000 at the Cherepovets Iron and Steel Works. The structures have non-standard sizes: the length of the main beam is 2 meters, while the weight is over 10 tons. This is…Details
Last year Uzmetallsavdo sold 30-35 thousand tons of various metal products. This year it is planned to reach 70 thousand tons. The company is a major metal supplier. Its clients are Almalyk and Navoi metal plants, as well as construction companies. In November 2018 the company celebrated its 80th anniversary. (Ukrainian metal)Details
Cherepovets Iron and Steel Works, without shutting down manufacture, is finishing assembling the coil-rewinding machine with the capacity of 650 thousand tons per year. The total cost of the project is 1.2 billion rubles. The commission of the machine is scheduled for February, and it is exCherepovets Iron and Steel Workspected to reach the design…Details
The Verkhovna Rada committee on industrial policy has unanimously supported the draft bill No. 9474, which presupposes the increase of the scrap export duty from 42 euro to 58 euro per ton for 3 years. According to the committee chairman Victor Galasyuk, the new “metal law” will liquidate the raw material shortage for the metal…Details
A ceiling of the unused culture house belonging to ArcelorMittal Kriviy Rih between the third floor and the roof with the size of 1 thousand square meters collapsed. One person was injured. The total size of the floor is 2 thousand square meters. The accident happened on January 15. (Ukrainian metal)Details
Oskol Electrometallurgical Works managing director Alexander Tischenko and the driver of the works Vitaliy Yumashev have perished in the collision of a Lexus with two other cars. The accident happened on January 15. After the collision all three cars exploded. The accident took the life of 8 people. Tischenko has been working at NLMK since…Details
Izhorsky Pipe Works will produce and supply over 11 thousand tons of large diameter pipes for the Poland – Slovakia gas pipeline. The first batches have already been shipped to the customer (Eustream). According to the agreement, the company has to supply the pipes with the diameter of 1016 mm and the length of 18…Details
In 2018 Ukraine exported 36.91 million tons of iron ore and iron ore concentrate valued at $2.869 billion, down by 1.3%, but up by 10.6% YoY respectively. According to the State Fiscal Service, the share of the iron ore in the overall exports was 6.06%. Almost half of volumes was sold to China, Poland and…Details
Deliveries of rolled metal and pipes to Russia in January-November 2018 grew by 20.7% YoY, to 2.11 million tons. Bars and sections account for 53% of exports, up by 28.3%. Rebars and rolled wire saw the growth of almost 2-fold. Flat rolled metal exports increased by 3.9%, to 33.7%. The sales of semi-finished steel products…Details
Magnitogorsk Iron and Steel Works (MMK) took the first place among Russian producers of flat products, as well galvanized and coated steel, in the rating of leading manufacturers and suppliers of ferrous and non-ferrous metallurgy in the second half of 2018 MMK once again took the first place among the Russian producers of flat products,…Details