On November 16, on the day of its 85 years, Zaporizhstal received conformation of its records entered into the National project of records of Ukraine. This is the reconstruction of the blast furnace No. 3 and the environment initiative “Save the Dnepr Together”. The reconstruction lasted for 8 months, while usually it lasts for 1.5…Details
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US has retained the 163% import duty on ferrosilicomanganese from Ukraine. The country believes that if the duty is cancelled, local manufacturers will be severely hit. The antidumping duty of 163% was set in 1994 as the result of the investigation initiated by local ferroalloys manufacturers. In September 2006 it was prolonged for 5 years.…Details
Magnitogorsk Iron and Steel Works’ (MMK) Industrial Park signed a cooperation agreement with the Chelyabinsk Region Investment Development Agency and Metallurgic Deoxidizers Plant. The parties have agreed to cooperate on a project to construct a plant in Magnitogorsk to produce deoxidizers for steel, located in MMK Industrial Park. Investment in the first stage of the…Details
Magnitogorsk Iron & Steel Works (MMK) participated in Metal-Expo’2018, the 24th International Industrial Exhibition, in Moscow. Traditionally, MMK’s stand was one of the biggest and the most impressive at the forum. Its visitors were able to explore a wide range of products and technological capabilities from both MMK plant itself and MMK Group’s companies. Among…Details
Precious metal prices increased in Azerbaijan on November 16, according to the data published by the Central Bank. The price of gold grew by 5.831 manats, to 2,066.4265 manats per ounce on November 16 compared to the price on November 15. The price of silver went up by 0.2569 manats, to 24.3513 manats per ounce.…Details
NLMK Group, an international steel company, is pleased to announce the appointment of Peter Georg Selbach as CEO of NLMK Belgium Holdings plate business, which includes two companies in Europe: NLMK Clabecq (Belgium) and NLMK Verona (Italy). Peter Selbach will succeed Cornelius Louwrens, who will be leaving the company before the end of 2018. Peter…Details
Polymetal has started the seasonal activity suspension at the heap leaching factory in Magadan region. The operation of the factory lasted for a month longer this year. Thus, the northernmost heap leaching site of Russia increased gold output in January-September by 189% YoY, to 308 kg. The preparation for the factory conservation will take some…Details
The city of Chelyabinsk hosted a traditional meeting of MMK and Chelyabinsk Pipe Works representatives. “MMK is our long-time and reliable supplier of metal. The share of MMK sheet in our orders is over 50% each year, and rolled coils – over 70%. Thus, the cooperation with the key partner is very important for us”,…Details
Baikal Mining Company and the Dalstroymekhanizatsia Company have signed an agreement to construct a road from the Novaya Chara station to the site of the Udokan mining and processing works. The new road with the length of over 17 km and the width of 6 meters will allow transporting 700 thousand tons of ore per…Details
Severstal – Bar Works Balakovo has completed a scheduled capital repair of machinery. The total cost of the work exceeded 80 million rubles. The specialists carried out repair in the electric arc, bar-rolling and machinery shops. “The main work focused on the restoration of the initial parameters of the machinery lost during operation. The repair…Details
The technique to use hot-briquetted iron in steel manufacture is being developed at Pervouralsky Pipe Works. According to the ChTPZ commercial director Denis Prikhodko, HBI will be purchased at Mikhailovsky and Lebedinsky Mining and Processing Works of Metalloinvest. “We have great prospects of cooperation with Metalloinvest”, he added. In particular, PNTZ intends to increase purchases…Details
The government of Kyrgyzstan wants to revise a strategic agreement with the Canadian company Centerra Gold Inc. on cooperation on Kumtor project, the Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziyev announced at a meeting of the Parliament. According to him, the current government is not satisfied with the terms of the agreement signed by the ex-Prime…Details
Because of the salary debts two miners from Lviv region have gone on a hunger strike. For three days they have been living in the conference hall of Lvivugol, sleeping on chairs and only drinking water. Their colleagues promise to join them and even block roads if they are not paid their due. According to…Details