Ural Mining and Metallurgical Company is mulling the issues of the possible increase of Chelyabinsk Zinc Works capacity following the fire at Electrozinc in the city of Vladikavkaz. “We are studying the issue of organizing temporarily ways to deliver raw materials and ship manufactured goods, including with the participation of ChelZinc. But so far we…Details
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In January-September Mednogorsk Copper-Sulfur Works produced 35366 tons of raw copper, up by 9.6% from the target. Next year the copper-smelting shop will undergo a reconstruction. In particular it is planned to repair and modernize the Pobeda smelting machine and construct the second stage of the oxygen plant. In order to reconstruct the sulfur acid…Details
The Pipe Metallurgical Company has shipped a batch of corrosion-resistant casing pipes of 13Cr steel with TMK UP PF joints to Gazprom to be used at the Kirinskoye deposits. The pipes have been successfully lowered to the shafts. The first deliveries of TMK pipes to the deposits were carried out in 2015. (Ukrainian metal)Details
Russian steelmaker Novolipetsk Steel (NLMK) plans to raise capital expenditures in 2019 from $650-700 million expected in 2018, CEO Grigory Fedorishin said. He said that the company planned to raise capital expenditures in the next two to three years to support capacities, in particular, to rebuild two blast furnaces and two converters. “This way, capital…Details
Prices of precious metals decreased in Azerbaijan on October 26, according to the data published by the Central Bank. The price of gold dropped by 8.0325 manats, to 2,094.2045 manats per ounce on October 26 compared to the price on October 25. The price of silver fell by 0.1834 manats, to 24.876 manats per ounce.…Details
In January-August Russia imported 29 thousand tons of corrosion-resistant seamless steel pipes valued at $118 million, up 2.4-fold and 1.5-fold YoY respectively. According to the customs statistics, this is the record-high result in 8 months in the past few years. Kazakhstan was the main supplier with the share of 54%. It was followed by China…Details
In August Russia exported 8.9 thousand tons of corrosion-resistant steel scrap and waste valued at $10 million, down by 24.3% YoY and by 2.8% respectively. According to the customs statistics, in January-August exports totaled 73.9 thousand tons valued at $82 million, up by 28.3% and by 47.8% YoY respectively. Scrap with the nickel contents of…Details
Belarus Iron and Steel Works has mastered the manufacture of new rebars according to ASTM A706/A706M-16 for the needs of customers from Panama. This year the company has already sold over 10 thousand tons of such rebars there. The mastering of the new rebars type at BMZ started in early 2018. In spring the first…Details
In January-September TALCO produced 72.5 thousand tons of aluminum, down by 3.6 thousand tons YoY. According to the company, the decrease is due to the capital repairs of machinery. The repair and modernization of 300 electrolysis baths is expected to have finished by the end of the year, and the growth in output will begin…Details
On October 22 Polyus Aldan reached the highest level of gold output in the past several decades. Since the start of the year it has extracted 5 tons of gold. “In Q3 gold output grew by 13% QoQ, due to the increase of ore processing”, the company managing director Alexei Noskov said. (Ukrainian metal)Details
In January-September gold output at Seligdar grew by 23% YoY, to 4188 kg. Alluvial gold, extracted at Sininda-1, accounted for 76 kg. Nizhneyakokitsky Plant mined 1910 kg of gold, up by 6% YoY. Rock excavation increased by 14%, to 15 million cubic meters. Ore mining grew by 82%, to 9 million tons. By the end…Details
Under the project to develop horizons of the underground mine at the depth of 830-1310 meters, Gaysky Mining and Processing Works has constructed a crushing and conveyer complex No. 11 and a new conveyer gallery No. 10 at the depth of 1095 meters. The machinery is united in a single technological chain with other objects…Details
The United Metallurgical Company (OMK) is implementing a SAP EWM solution to manage warehouses at the Vyksa Iron and Steel Works. With the help of the system the company intends to decrease labor costs by 15% as a whole and by 30% on annual inventory work. After a pilot project at two VMK works, the…Details