Workers of NLMK Clabecq, a Belgium plant of the Russian steelmaker Novolipetsk Steel (NLMK), have gone on strike in response to plans to lay off half of personnel under a restructuring program, a labor union representative reported. “We announced a strike as a response to that, and it will be in force until 2.00 p.m.…
DetailsHighland Gold Mining Limited has reassessed the ore reserves at the Mnogovershinnoye deposit according to JORC (2012). Thus, gold quantity in ore as of January 1, 2018 increased to 771,569 ounces from 452,866 ounces. Gold contents dropped from 5.5 g per ton to 2.7 g per ton due to the considerable increase in ore volumes…
DetailsIn December 2018 Ukraine produced 1.89 million tons of steel, 1.83 million tons of pig iron and 1.52 million tons of rolled metal, all up by 14%, 12% and 3% YoY respectively. The output increase is due to the completion of repairs at some enterprises. Also, last year Ukraine produced 60.32 million tons of iron…
DetailsIn 2018 Ukrainian metal enterprises consumed some 1.84 billion cubic meters of natural gas, up by 4% YoY. In December 2018, gas consumption grew by 13% MoM, to 170 million cubic meters. Energy consumption last year was 11.76 billion kW-h, up by 6% YoY. (Ukrainian metal)
DetailsIn 2018 Ukraine procured 3.67 million tons of scrap, down by 2% YoY. Of this amount local companies received 3.34 million tons, up by 3%. 0.33 million tons were exported, down by 33%. In December 2018, 317 thousand tons of scrap were procured, up by 1% MoM, with 309 thousand tons supplied to local metal…
DetailsThe Chairman of the Board of Directors of PJSC Magnitogorsk Iron and Steel Works (MMK) Victor Rashnikov made a statement in connection with the decision of the president of the Russian Federation Vladimir Putin regarding relocating residents of the building affected by the tragedy in Magnitogorsk. “In the first hours after the terrible tragedy that…
DetailsAccording to Ukrmetallurgprom, in February Ukraine will produce 1.7 million tons of steel, 1.6 million tons of pig iron and 1.5 million tons of rolled metal. As of January 16, 20 out of 21 blast furnaces, 8 of 9 open-hearth furnaces, 15 out of 16 converters, 6 out of 15 electric arc furnaces and all…
DetailsThe Central Court of Appeals made the decision to return Zaporozhye Titanium and Magnesium Works to state ownership more than a month ago. But it still has not come into effect. The Special Anticorruption Prosecutor’s Office has asked the State Property Fund and the Prime Minister to intervene. In particular the office asks to develop…
DetailsThe prosecutors of the Yamalo-Nenets Autonomous District have checked the compliance with the environment legislation by Chelyabinsk Electrometallurgical Works. As a result, multiple violations have been found. In particular, ChEMK pollutes the Makar-Ruz and Yengai rivers, stores wastes, and violates fire and industrial safety. The company has been fined for 1.5 million rubles. (Ukrainian metal)
DetailsIn 2018 Lermontovsky Mining and Processing Works produced 375 tons of tungsten concentrate valued at 528 million rubles, up from 79 tons and 98 million rubles in 2017. Ore mining grew from 78 tons to 98 tons. Average salary increased to 31 thousand rubles from 24 thousand rubles. (Ukrainian metal)
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