Russian silver and gold producer Polymetal International will buy 5% in the Prognoz silver field for $3 million through an acquisition of 10% in Polar Silver Resources, which indirectly controls 50% in the field, Polymetal said in a statement. Polymetal also has an option for raising the stake in the field, located in the republic…Details
Aktau city is planning to build a steelworks in the territory of Aktau Seaport. The project is to be launched from Q1. The plant will produce molded steel and cast iron items for various sectors of national economy. Progressive method – lost foam casting – will be applied at the plant. Its territory will cover…Details
In 2016, NLMK Group steel output increased by 4% YoY to a record 16.6 million tons; sales totaled 15.9 million tons (stable YoY). Group steelmaking capacities in 2016 were running at 96%, up by 3% YoY. Q4 2016 sales totaled 3.6 million tons (down by 4% YoY); steel output grew by 8% to 4.2 million…Details
The State Service of Geology and Earth has resumed 2 special allowances to use the earth to Evraz Sukhaya Balka. According to the ruling, the licenses No. 592 dated August 5, 1996 and No. 599 dated August 6, 1996 have been resumed since the company has removed all violations. The licenses were suspended in September…Details
Law enforcers together with the military have suppressed the delivery of 80 kg of scrap from the exclusion zone of the Kiev region.
In mid-January 3 Ukrainians were stopped some 100 meters from the exclusion zone while transporting around 80 kg of scrap.
The investigation revealed that they were stocking scrap to sell. (Ukrainian metal)
In 2016 Oskol Electrometallurgical Works supplied 3.23 million tons of rolled steel to its customers, up by 2.5% YoY. Exports saw an increase of 10.5% YoY, to 2.63 million tons, while local consumers received 0.6 million tons, down by 22.1% YoY. The total deliveries during the last 3 years increased by 6.6%, with exports up…Details
In 2016 Vyksa Iron and Steel Works, a part of OMK, produced and supplied over 3 thousand tons of shaped tubes for the construction of the new and the reconstruction of the existing arenas. In particular, pipes were supplied for the construction of stadiums in Nizhny Novgorod, Saransk and Volgograd, which would host FIFA World…Details
In 2016 Evraz-ZSNK shipped 6.05 million tons of rolled steel via railroad. This is down by 1.8% YoY. Exports saw 3.82 million tons, up by 9.6% YoY, while local deliveries dropped by 16.6% YoY, to 2.22 million tons. In total for the past 3 years deliveries decreased by 5.6%, with exports growing by 13%, and…Details
In 2016 Severstal supplied 195.6 thousand tons of rolled metal to Gazpromtrubinvest. “This is the record volume of supplies in the history of our cooperation – since 1999. Last year our deliveries to GPTI increased by 108 thousand tons, or 2-fold YoY”, Severstal Russian Steel sales director Yevgeny Chernyakov said. To GPTI Severstal supplies hot-rolled…Details
Zagorsky Pipe Works has won a tender to supply pipes to Yamal SPG.
The company has to deliver 10 thousand tons of pipes with 530×25 mm and 530×28 mm size of X70 steel with insulation.
The pipes will be used in construction of the second stage of the Yuzhno-Tambeysk gas condensate deposits. (Ukrainian metal)
Energomashspetsstal will supply a large batch of ingots to Euskal Forging (Spain). The contract concluded presupposes the production and delivery of 36 forgings with the total weight of 1039.6 tons. The ingots will be used as raw materials for production of parts for various industries. All the forgings will be supplied by installments. According to…Details
Products of Severstal – Balakovo Section Works have received the certificates of correspondence of the Republic of Belarus. The quality of S500 rebars with 8-40 mm diameter (GOST R 52544-2006) and A400 rebars of 25G2S and 35 GS steel of 10-40 mm diameter (GOST 5781-82) has been confirmed following the tests of an independent laboratory…Details
In 2016, according to the railroad statistics, Magnitogorsk Iron and Steel Works received 2.15 million tons of ferrous scrap.
The deliveries increased by 20.2% YoY, and slightly exceeded the 2013 level. Still they were 15.5% below 2014 results.
After NLMK-Kaluga MMK has the second largest index of positive scrap consumption in 2016. (Ukrainian metal)
Severnoye Olovo, managed by Roman Abramovich’s Aristus Holding Ltd, decided to stop operating. The company had a license through 2028 to work at the largest tin deposits in Russia – Pyrkakai in Chukotka Autonomous District, but gave it up in November 2016. Pyrkakai reserves are estimated at 228.5 thousand tons of tin (the fourth place…Details
In 2016 NLMK decreased delivery of steel via railroad by 1% YoY, to 12.13 million tons. 7.94 million tons were exported, down by 0.5% YoY, while local customers received 4.2 million tons, down by 1.8%. Total deliveries for 2 years were the highest in the last decade, with exports on the level of 8 million…Details
Evraz Kachkanarsky Mining and Processing Works continues developing quarries and modernizing its capacities. A new 13-ton dump truck was put into operation in early January, the thirtieth truck purchased under the project of implementation of the new type of ore mining and transportation at the Severny quarry. By April the works will have received two…Details
Administration of the Crimean Titanium Works in Armyansk in the Russia-annexed Crimea is firing Ukrainian citizens, violating the labor legislation.
“To justify unlawful actions the Federal Security Service of Russia says such citizens could be implicated to the special services of Ukraine”, the Chief Intelligence Agency reports. (Ukrainian metal)
The State geology and earth service had to cancel the suspension of the license to mine gold-polymetallic ores at Beregovskoye deposits, following the ruling of the court. In 2012 the Karpatskaya Rudnaya Companiya received the license to work at the deposits. In March 2014 the state department of the geological control checked the company and…Details
In 2017 state mines, managed by the Ministry of energy and coal industry, are expected to increase coal output 1.6 times YoY, or by 3.336 million tons, to 9.125 million tons. “None should question our goal of mining 25 thousand tons of coal per day”, the minister Igor Nasalik said. In 2016 the ministry-run mines…Details
Zaporizhstal is finally going to replace its open-hearth shop with the new oxygen-converter shop.
The city of Zaporozhye has been waiting for 20 years for the project to be implemented. Now the manufacturing process will be cleaner and safer.
The construction of the new shop will decrease pollution 2-fold. (Ukrainian metal)
In January-October 2016 Russia produced 244.55 thousand tons of gold, up by 0.26% YoY.
Silver output dropped by 9.9% YoY, to 897.65 tons.
The first time when the Ministry of Finance provided precious metals output statistics was in 2014, when gold output reached 287.978 tons. (Ukrainian metal)
The Volyn region governor Vladimir Gunchik says there are no salary debts to state miners as of January 1. “As of January 1, the issue of debt to miners as to their salary has been settled”, he said. As of December 1, 2016 the salary debts to Volyn region miners totaled 8.792 million UAH. (Ukrainian…Details
Mines of the state enterprise Selidovugol have concluded contracts for the delivery of meat and water at really high prices. In late December 2016 “Rossia” mine bought 50 kg of meat valued at almost 200 thousand UAH, or 4 thousand UAH per 1 kg. Korner-Pak was the supplier of meat. “Rossia” bought 900 half-liter bottles…Details
Rusal intends to construct a terminal in the free port of Vanino with the alumina throughput capacity of 1.5 million tons.
The capacity could be increased to 3 million tons per year. The investments total 5.4 billion rubles, with 2 billion planned on behalf of the state. (Ukrainian metal)