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The Ministry of Industry and Trade and the Federal Antimonopoly Service with the participation of metal companies have developed a new standard for the purchase of large diameter pipes. The price is calculated according to a formula stipulated in the contract. Gazprom is prohibited from buying more than 15% of pipes under short-term contracts. The…
DetailsChelyabinsk Zinc Works has put into operation new machinery in the hydrometallurgical shop. The machine is used to filtrate flotation products and zinc cake underflow. The filter-press was supplied by Fraccaroli & Balzan, Italy. The hydrometallurgical shop now operates 11 filter-presses. The capacity of the new machine is 40 dry metric tons of cake per…
DetailsZaporizhstal has already settled 60% of its environment issues. “In 6 years, having invested 10.6 billion UAH in modernization, we have completed major environment projects – assembled new exhaust systems at the sintering machine and blast furnaces, as well as constructed and commissioned a new rolling line”, the company capital construction and investments director Alexei…
DetailsDneprometiz has put into operation a fine drawing mill. The machine is made by Mario Frigerio S.p.A, Italy. The mill will produce steel wire without coating with the diameter of 0.75-1 mm. Taking into account the new machine the company capacity in manufacture of fine wire and fiber will grow by 200 tons per month.…
DetailsEvraz KGOK has improved the efficiency of dust exhaust system. This allowed decreasing dust level at the premises and air pollution. In 2018 Evraz KGOK repaired 18 dust exhaust systems in the crushing and processing shops, as well as the agglomeration factory. 2 more systems have been modernized. The company spent over 70 million rubles…
DetailsThe state enterprise Ukrpromvneshekspertisa forecasts that in March ferrous scrap prices will grow by 3-12.5% MoM, to $315-340 per ton. The price could grow following the increase in price of rolled metal. At the same time, in April the experts expect a drop of export quotations because of the decrease in demand and the seasonal…
DetailsThe state enterprise Ukrpromvneshekspertisa forecasts that in March ferrous scrap deliveries to metal companies will grow by 50% MoM, to 210 thousand tons. In February deliveries will be insignificant due to the low procurement level. At the same time in March and April deliveries will grow because of the expected increase in price and better…
DetailsThe state enterprise Electrotyazhmash Works has concluded three agreements with Yugcable on the delivery of wire products valued at 363.35 million UAH. This year the company will supply 1193 tons of various copper wire and cable at the average price of 304 UAH per 1 kg. Specifications have not been revealed, thus the country of…
DetailsMariupol Ilyich Iron and Steel Works has received two electric engines. They will operate in the sheet-rolling shop 1700. The reconstruction of the mill will allow the company to expand sales markets because of the improvement of quality and the increase in weight. Investments in the shop modernization total 2.4 billion UAH. The engines were…
DetailsAlmalyk Mining and Processing Works, using new technique, has obtained palladium. Previously the works was obtaining palladium powder. The technique, consisting of 52 steps and lasting for 70 hours, allowed obtaining less than 1 kg of palladium per month. Last year the enterprise started studying obtaining palladium from the electrolyte solution as well as refined…
DetailsThe State Expertise Service has approved the project to develop the ore zone No. 1 of the gold-silver deposit Dvoynoye. The site is situated in Chukotka and will be developed by Severnoye zoloto LLC, a part of Kinross Gold. The company intends to mine 230 thousand tons of ore per year at the site. The…
DetailsIn 2018 Yakutia became one of the three largest gold extractors in Russia. The output has reached 29.5 tons, up by 20% YoY. Aldansky district yielded 12.75 tons of gold. The Sakha Gold Mining extracted 17.4 thousand ounces of alluvial gold last year. Polyus Aldan mined 6.209 tons of gold. (Ukrainian metal)
DetailsFollowing prospecting works in 2018, DVGK LLC intends to increase the gold reserves in the central part of Bolotistoye deposit by some 13 tons. When the reserves are approved, the company will start prospecting at other sites, as well as searching for an investor to construct a mining and processing works. Taking into account the…
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