Russia: Severstal invests 48 million rubles in 2000-mill modernization

Severstal has modernized the 2000-mill in the machine-building center Tyazhmash shop. “The investment project estimated at over 48 million rubles will increase the press efficiency, improve the product quality and decrease its prime cost”, Severstal Russian Steel CEO Vadim Germanov noted. After modernization the precision of forgings increased, as tolerance dropped from 10 to 3-5…

Details

Russia: gold output up in 2017

Russia’s gold production rose about by 6.8% YoY, to 317.660 tons in 2017, Sergei Kashuba, chairman of the Union of Gold Producers of Russia, said on March 6. Gold producers raised their output by 6.4%, to 254.216 tons in 2017, while by-product gold production gained 11.6%, to 16.459 tons, gold scrap production went up by…

Details

Russia: VostokUgol looking for new coal deposits in the Arctic

A new shift of 39 drillers has arrived at Dixon.

They will be responsible for the second stage of prospecting at the Reka Lemberova site.

The site is close to another site, where in 2016 the Malolemberovskoye deposit was discovered.

In 2017 VostokUgol obtained a license for coalmining there. (Ukrainian metal)

Ukraine: employee dies at AMKR

Police has started investigating the accident resulting in the death of an ArcelorMittal Kriviy Rih employee.

On March 3 the roof of the converter shop under repair collapsed, killing one person.

On March 4 the body was found.

The person killed was born in 1992. (Ukrainian metal)

Russia: UEM output up in 2017

In 2017 Uralelectromed produced 378.4 thousand tons of copper cathodes, up by 10.3% YoY. Silver ingots manufacture grew by 17.4%, tellurium – by 10% and blue stone – by 49.5%. At present the company is busy constructing the second stage of the copper electrolysis shop. The capacity will increase to 400 thousand tons. Last year…

Details

Russia: Severstal to supply 60 thousand tons of metal to KAMAZ

In 2018 Severstal will provide KAMAZ with at least 60 thousand tons of metal.

According to the group statement, it supplies cold- and hot-rolled sheets to the largest truck producer in Russia,

Last year Severstal sold 58 thousand tons of metal to KAMAZ. (Ukrainian metal)