The Dalnevostochnaya Power Company plans to limit the supplies of the heating energy to Amurmetal, as the works has been increasing its debts for heating since November 2016. In November 2016 the company debts totaled 15 million rubles, increasing to 20 million rubles in December 2016. According to the power company, in January the debt…
DetailsIn 2016 Russia decreased gold ingot output by 7.8% YoY, with December 2016 being the 5th consecutive month when the gold output decreased. In December 2016 gold output dropped by 4.6% YoY, but increased by 6.2% MoM. The Gold Manufacturers Union or Russia expects that in 2016 the country will produce 297 tons of gold,…
DetailsIn 2016 Kazakhstan will mine 60 tons of gold, the vice-minister on investments and development Albert Rau forecasts. “In 1990 we mined less than 20 tons of gold, in 1997 dropped to 6 tons. In 2015 we mined 57 tons, last year we hope to reach 60 tons”, he said. Thus output increase is expected…
DetailsIn 2017 MMK-ugol plans to increase coal mining to 4.14 million tons from 3.42 million tons in 2015. For this the company will increase investments – from 1.99 billion rubles to 3 billion rubles. “Capital investments will be directed to the development of mines”, the company CEO Vladimir Kharchenko said. MMK-ugol also intends to prepare…
DetailsBy the end of January Interpipe will have produced and supplied 3 thousand units of railroad tyres to Ukrzaliznytsia enterprises. According to the company statement, the tyres will be used to repair locomotives and battery locomotives. Interpipe won the tender to supply tyres in December 2016. “The main requirement of Ukrzaliznytsia was the production in…
DetailsInterpipe has officially registered its trademark with the Ministry of trade and industry of Saudi Arabia. This is the second country after the United Arab Emirates, where the company registered its trade mark to battle fake steel pipes. “In the past 5 years we supplied over 80 thousand tons of pipe products to Saudi Arabia.…
DetailsIn 2016 Azerbaijan mined 1894.1 kg of gold, down by 15% YoY. According to the State Statistics Committee, in December 2016 the country mined 133.5 kg of gold, all the gold was sent for processing. In 2015 Azerbaijan mined 2229.3 kg of gold, up by 19.1% YoY. At present Azerbaijan mines gold and silver at…
DetailsIn 2016 Mechel-Service, the metal trading company of Mechel, increased sales by 6% YoY. In particular, the company sold 1.9 million tons of metal. The growth was marked in rebars (by 6%), beams (by 24%), strips (by 31%), metal wares (by 5%), stainless steel (by 8%) and shaped sections (by 6%). Pipe sales showed the…
DetailsIn 2016 Evraz shipped some 5 thousand tons of rolled metal for the construction of Universiade-2019 objects. In December 2016 Evraz NTMK flange beams and ZSMK bars were supplied to the construction site of the sport complex Rainbow in Krasnoyarsk. Evraz NTMK produced 4 types of flanged beam of low-alloyed steel to be used under…
DetailsIn 2016 Orel Steel Works, a part of Severstal-metiz, sold some 24 thousand tons of fasteners.
According to the company information, this is an absolute record in the works history.
Last year Severstal-metiz enterprises sold over 520 thousand tons of products, up by 3% YoY. (Ukrainian metal)
In 2016 Russian metal companies produced 69.6 million tons of steel, up by 0.3% YoY. Ferrous rolled metal output dropped by 0.2% YoY, to 60.3 million tons, that of steel pipes – by 11.5%, to 10.1 million tons. In December 2016 steel output grew by 4.6% MoM and by 8.7% YoY. Rolled metal production increased…
DetailsIn 2016 the Industrial-Metallurgical Holding, the largest coke manufacturer and pig iron supplier in Russia, mined 2.21 million tons of coking coal, up by 16.8% YoY. According to the company statement, its coal concentrate production increased by 19.8% YoY, to 2.637 million tons, while that of iron ore – by 1.2%, to 5.023 million tons,…
DetailsThe state enterprise Vostochniy Mining and Processing Works has concluded two contracts with Temp LLC for the transportation of the uranium ore valued at 33.21 million UAH. This year 96 thousand tons of ore should be transported from the Novokonstantinovskaya mine to the Smolinskaya mine and the same volume of inert materials back; as well…
DetailsIn 2016 Stoylensky Mining and Processing Works (a part of NLMK) produced a record of 15.63 million tons of concentrate, up by 2.9% YoY. Some 300 thousand tons of concentrate were used to produce pellets at the new factory with the capacity of 6 million tons per year. Sinter ore output totaled 1.6 million tons…
DetailsIn December 2016 Ukraine (not taking into account the temporarily occupied territory of Crimea and the ATO zone) mined 2.6 million tons of coal, up by 3% YoY. According to the State Service of Statistics, the output dropped by 0.5% MoM. In 2016 Ukraine mined 29.5 million tons of coal, up by 4.7% YoY. Coal…
DetailsMetalloinvest and United Metallurgical Company (OMK) have signed a long-term contract for the supply of steel billets for the production of seamless railway wheels. Round cast billets with a diameter of 455 mm will be produced at Ural Steel, a part of Metalloinvest, and will be delivered to the Vyksa Steel Works (VMZ, Nizhny Novgorod…
DetailsIn January-December 2016 Neva-Metal CJSC (stevedoring company of Severstal) handled about 3.2 million tons of cargo, down by 2% YoY. Container throughput totaled about 96,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of Severstal Group. Neva-Metal specializes in transshipment of containerized and general cargo delivered to its terminal…
DetailsRussia’s coal output fell by 2.7% YoY but grew by 2.7% MoM in December 2016, the Federal State Statistics Service said. It increased by 3.4% YoY, to 385 million tons in 2016. Russia’s production of iron ore concentrate grew by 0.3% YoY, to 101 million tons in 2016, and production of metallurgical coal coke rose…
DetailsAt least 550,960 ounces or 17,136.78 tons of gold were produced at Kumtor mine located in Issyk-Kul region of Kyrgyzstan in 2016, Centerra Gold Inc. reported. Kumtor mine exceeded the mid-point (540,000 ounces) of Centerra’s favorably revised gold production outlook issued after last year’s third quarter. Kumtor’s production forecast for 2017 is expected to be…
DetailsIn December 2016 Ukraine produced 1.9 million tons of pig iron, 2 million tons of steel and 1.8 million tons of rolled metal. As of January 17, 21 out of 28 blast furnaces (75%), 18 out of 21 converters (86%), 8 out of 9 open-hearth furnaces (89%) and 5 out of 16 electric-arc furnaces (31%)…
DetailsIn February Ukrainian metal companies are expected to produce 1.9 million tons of steel. According to Ukrmetallurgprom, pig iron output could total 1.8 million tons, while that of rolled metal – 1.6 million tons. Ukrmetallurgprom’s forecast for January was 2 million tons of steel and pig iron each, as well as 1.8 million tons of…
DetailsMariupol Ilyich Iron and Steel Works has decreased gas usage while heating billets at mill-1700. “We used to heat the billets twice. Because the slabs are thick we had to heat them in the heating furnace No. 5, then sent them to the reduction mill to reduce the thickness to 135-140 mm, following by the…
DetailsPoltava Mining and Processing Works is studying the possibility of the construction of the pulverized coal injection machine to stop using the expensive natural gas. PGOK representatives visited ArcelorMittal Kriviy Rih to get acquainted with the PCI machine, put into operation in 2016 at the blast furnace No. 9. In January-August 2016 PGOK decreased gas…
DetailsIngulets Mining and Processing Works continues the overhaul of the ore-processing factory No. 2 section 14 started in late 2016. After the reconstruction, estimated at 45 million UAH, the capacity of the section will increase by 12%, to 1.2 million tons of ore per year. In 2016 InGOK invested 392 million UAH into capital repairs…
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