Chelyabinsk Iron and Steel Works and Mechel-Coke have been switched to a special mode of operation to decrease pollution under unfavorable weather conditions. In particular, ChMK has shut down its 125-ton electric arc furnace, one furnace in rolling shops Nos. 1 and 4, two crushers, etc. The manufacture in the rolling shop No. 4 has…Details
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In January-November Ukraine exported 823.45 thousand tons of ferroalloys valued at $899.895 million, down by 3.2% and by 11.4% YoY respectively. According to the State Fiscal Service, the main importers were Turkey (17.37%), Italy (14.99%) and the Netherlands (13.7%). At the same time Ukraine imported 51.24 thousand tons of ferroalloys valued at $148.9 million, down…Details
The country’s two giants, Bakyrchik mining enterprise and Sary Arka Copper Processing, are set to reach full production capacity. “The advanced mining enterprise using the latest equipment and technologies is set to produce 10 tons of gold concentrate an average per year. Realization of the project will let excavate gold ore within nine years and…Details
The employees of the Lesnaya mine in Chervonograd have announced an underground strike because of the salary debts. Since midday of December 10 miners of two shifts have remained underground. On December 6 the miners informed the management of the state enterprise Lvivugol about the possible strike. Since they have not been paid for October…Details
Metinvest is carrying out a process to liquidate Donetskkoks situated in the temporarily occupied territory of Donetsk region. On December 27 the extraordinary meeting of the company shareholders will hear the liquidator’s report. The decision to liquidate the company was taken by the Donetskkoks shareholders on March 29. (Ukrainian metal)Details
Russia’s gold production rose by around 3.4% YoY, to 243.06 tons in January-September, the Union of Gold Producers of Russia said on December 11 in a statement. Mined gold production increased by 3.4%, to 194.857 tons, while by-product gold production fell by 12.8%, to 11.689 tons, gold scrap production went down by 3.8%, to 25.103…Details
Gold and platinum prices decreased on December 11, while silver and palladium prices increased, according to the Central Bank. The price of gold dropped by 4.352 manats, to 2,119.2625 manats per ounce on December 11 compared to the price on December 10. The price of silver grew by 0.0076 manats, to 24.8204 manats per ounce.…Details
Raw copper and copper alloys exports in January-September dropped by 6% money-wise and by 17% volume-wise, all YoY. In 10 months Kazakhstan mined 85.5 million tons of copper ores, up by 5.4% YoY, 10.4 million tons of copper concentrate, up by 10.9%, and 4.1 million tons of copper-zinc ores, down by 1.7%. Kazakhstan is the…Details
The arbitrary court of Chelyabinsk region has received a claim from Zlatoust Electrometallurgical Works to Volgograd Iron and Steel Works Krasniy Octyabr. The volume of the claim is over 3 billion rubles. The details are not disclosed. (Ukrainian metal)Details
The minority shareholders of Belon demand MMK, owning over 95% in the company, to buy coal assets and not reorganize them. They also estimate the company losses at 10.7 billion rubles ($160 million). The reorganization was carried out in 2015-2017. The minority shareholders, who have filed the claim, hold 1.3% in Belon. MMK entered the…Details
Vismut has postponed the construction of a mining and processing works at the gold-ore deposit of Zheleznyi Kryazh in Zabaikalye region to 2019. The company intended to start constructing the GOK in late 2018. The reasons of the delay are not disclosed. At the same time, the company retains the license and is not planning…Details
The arbitrary court of Saratov region will hear the case of the Balakovo Metal Structures Works. The claim came on May 22 from the Yaroslavl-based Remindustria. On November 23 the claim was declared valid. The court will sit on March 13, 2019. (Ukrainian metal)Details
Electrozinc has started shipping from its territory zinc concentrate, the unused raw materials because of the shut down of the enterprise due to the fire in the electrolysis shop on October 21. At the same time the company is also shipping clinker. The shipping is carried out from two warehouses of the roasting shop. Every…Details