Evraz ZSMK has started building a new electricity substation with the capacity of 252 megawatt. It will cover the needs of the plant taking into account some major development projects. The construction is expected to cost 1 billion rubles. The substation is scheduled to be constructed in Q4 2019. (Ukrainian metal)Details
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In January-November Ukraine produced 16.84 million tons of rolled metal, up by 3% YoY. Of this, 13.21 million tons, or 78.4%, were exported. In 11 months of 2017 Ukraine exported 13.35 million tons of 16.74 million tons produced, or 79.7%. Semi-finished products accounted for 43.68% of the exports, up from 42.25% last year. The share…Details
In January-November Ukraine increased pipe output by 5.7% YoY, to 1.019 million tons, including 78.2 thousand tons in November. In particular, Ukrtrubprom enterprises produced 732.7 thousand tons of pipes in 11 months, up by 14.1% YoY, including 55.4 thousand tons in November. Khartsyzsk Pipe Works and Lugansk Pipe Works were idle. Interpipe-NTZ produced 255.6 thousand…Details
Precious metal prices increased in Azerbaijan on December 26. The price of gold grew by 6.9275 manats, to 2,163.4455 manats per ounce on December 26 compared to the price on December 25. The price of silver went up by 0.0724 manats, to 25.1938 manats per ounce. The price of platinum increased by 5.882 manats, to…Details
Last year Kyshtym Electrolytic Copper Plant produced 128 thousand tons of copper cathodes, setting a historical record. According to the company CEO Andrei Kudryavtsev, it also produced 155 thousand tons of anodes and over 95 thousand tons of wire rods. This year the company is expected to manufacture 88.5 thousand tons of wire rod (the…Details
Next year Chelyabinsk Zinc Works intends to increase zinc and alloys output by 4.7% YoY, to 200 thousand tons. This is the maximum capacity of the plant. The further increase of output is as yet impossible. Following a large fire at Electrozinc in October and its subsequent shut down, ChelZinc remains the only UMMC enterprise…Details
Kuzbassrazrezugol has commissioned the most powerful Russian excavator EKG-35 No. 1 at the Krasnobrodsky pit. Uralmashzavod started designing the machine in 2012 according to Kuzbassrazrezugol specifications. In 2017 the excavator was assembled and in March entered trial operation. In June-July the machine loaded 900 thousand cubic meters of rock. Next year Kuzbassrazrezugol intends to buy…Details
Vyborg Ship-building Works is one of the key partners of Sanesta-Metal. The company supplies steel pipes to the plant. In 2017-2018 some deliveries were connected with the projects to construct fishing trawlers of new generation. Two freezing trawlers are being constructed at the order of the Arkhangelsk Trawler Fleet. The plant is also building 4…Details
Ural Mining Metallurgical Company (UMMC), one of the top Russian producers of copper, zinc and other precious metals, has signed a debut EUR 100-million syndicated loan. Mandated Lead Arrangers, Bookrunners and Lenders are Raiffeisen Bank International AG, AO Raiffeisenbank, PJSC Rosbank and Societe Generale. Raiffeisen Bank International AG and AO Raiffeisenbank acted as documentation agents…Details
In November Ukraine exported $57.775 million worth of pipes, down by 6.1% YoY, while imports grew by 77.6%, to $18.965 million. According to the State Fiscal Service, USA imported the largest batches of pipes – $11.506 million. In January-November Ukraine exported $681.476 million worth of pipes, up by 33.4% YoY, while imports increased by 50.9%,…Details
Precious metal prices increased in Azerbaijan on December 25, the Central Bank reported. The price of gold grew by 7.5225 manats, to 2,156.518 manats per ounce on December 25 compared to the price on December 24. The price of silver went up by 0.0765 manats, to 25.1214 manats per ounce. The price of palladium increased…Details
ArcelorMittal Kriviy Rih has started a quarterly competition on energy efficiency. The winners will receive rewards for their suggestions. For example, there is a way to decrease the volume of reactive electric energy, which costs the company 22 million UAH per year. The creation of a special program that monitors the consumption of the excess…Details
This year Seligdar has extracted 6 tons of gold, up by 30% YoY. “The considerable growth of the gold-extracting division was the result of the holding investments in the development of capacities”, Seligdar president Konstantin Beirit declared. The long-term strategy adopted in 2018 presupposes reaching the annual output of 10 tons of gold in 7…Details