Since the start of the year and as of February 18, the largest coal miner in Sakhalin – Solntsevsky Coal Pit LLC has extracted 900 thousand tons of coal. The enterprise is operating at the Solntsevskoye deposit. Extraction is carried out at two sites – Yuzhniy-1 and Yuzhniy-2. This year the company intends to mine…Details
In 2018 Russian Copper Company increased copper cathode output by 6% YoY, to 216 thousand tons. According to the group president Vsevolod Levin, Mikheyevsky Mining and Processing Works was able to increase copper extraction to 92%. Karabashmed increased raw copper output by 12%, to 139 thousand tons. Copper content reached 99.2% with the target of…Details
Metalmeistars now has the largest optic-fiber laser cutting machine. The unique machine has been made by Bystronic (Switzerland). The price of the machine is around 1 million euro. Its size is 6.25 x 2.5 meters. “Now we can make larger parts. Even though the new machine is larger, it consumes less electricity than the old…Details
In order to decrease the shadow economy on the scrap market, the income tax of the population has to be decreased from the current 10% to 5% for private entrepreneurs. The Latvian association of waste procurement has voiced this to the Ministry of Finances. At present the higher tax does not allow Latvian companies to…Details
The state enterprise Lvivugol has concluded 7 agreements on the delivery of pit-props made of fir valued at 25.2 million UAH. The company announced 12 purchases, but only 7 agreements were concluded. The Sokal subsidiary of the forestry enterprise Galselles has received two orders valued at 8.7 million UAH. The company will supply almost 5…Details
Volnogorsk Mining and Processing Works has concluded an agreement with Energy Trade Group LLC for the delivery of electric energy valued at 189.14 million UAH. In March-June the company has to supply 96.5 million kW-h valued at 1.96 UAH per kW-h. This is 5% cheaper than the December 2018 price from DTEK Trading (2.06 UAH).…Details
The State commission on reserves has positively assessed the report on the reserves of the rare-earth metal raw materials at the Chuktukon deposit. The deposit is situated in the Krasnoyarare earthrsk region. The prospecting work was carried out in 2014-2018. According to the report, the reserves of the deposit are as follows: rare earth trioxides…Details
The Arbitrary court of the Sverdlovsk region has ordered Russkiy Chrome 1915 to pay 13.8 million rubles for the damage done to the environment.
The fine was imposed in 2017.
The defendant asked to decrease the fine, as it had partially paid it. But the court ruled fr the complete Russkiy Chrome payment. (Ukrainian metal)
A subsidiary of the state holding Rosgeologia has obtained all the necessary permits on the project to study the Gitche-Tyrnyauzskoye ore field.
The corresponding state contract was concluded last summer.
The size of the field in Kabardino-Balkaria is 1.7 square km.
The project will be carried out till the end of 2020. (Ukrainian metal)
In 2018 Beloretsk Iron and Steel Works decreased net profit by 8% YoY, to 925 million rubles. The revenue grew by 6%, to 25.37 billion rubles. Exports increased by 37%, to 5.7 billion rubles, while sales on the domestic market dropped by 0.5%, to 19.65 billion rubles. The company accounts receivable increased from 6.27 billion…Details
In 2018 Russia exported 8.246 thousand tons of stainless steel products, up by 18% YoY. The share of the flat rolled metal grew from 18.8% to 28.2%, that of bars – from 24.6% to 27%, of wire from 1.1% to 1.4%, electric welded pipes – from 11.6% to 13.9% and of pipe fittings from 1.8%…Details
Dneprovsky Iron and Steel Works will host an extraordinary meeting of the shareholders on February 25.
The meeting will start at 10 a. m.
DMZ manufactures steel, pig iron, rolled metal and wares.
In 2011 it was merged with Dneprokoks. (Ukrainian metal)
According to TMK, in 2019 the Russian pipe market will mostly follow trends of the previous year. In 2018 pipes consumption dropped slightly following the decrease in housing construction. At the same time OCTG and large diameter pipes witnessed an increase in demand. This year TMK expects the growth of local pipe consumption by 2%…Details
The first batch of polymetallic ore from the Uzynzhal deposit in Karaganda region has been sent for processing at the Altai works of Kazzinc via railroad.
The deposit is being developed by Zhairem Mining and Processing Works. (Ukrainian metal)
The prices of precious metals, with the exception of platinum, decreased on February 21. The price of gold fell by 4.6665 manats, to 2278.5185 manats per ounce compared to the price on February 20. The price of silver dropped by 0.3342 manats, to 27.2698 manats per ounce. The price of platinum grew by 10.7565 manats,…Details
In February ZEMZ mastered the manufacture of square bars with the size of 120 mm of high-boron corrosion-resistant steel of ChS82 grade. In order to start producing this metal the plant laboratory had to create a special manufacturing technique. Earlier Zlatoust Electrometallurgical Works produced only ingots of this grade. New products will allow the company…Details
In 2019 Cherepovets Iron and Steel Works intends to repair 25 km of railroad.
21 km will be reconstructed using ferroconcrete assembled rails and sleepers.
Investments in the project will amount to 550 million rubles.
All the railroads (440 km) are expected to be repaired within 10 years. (Ukrainian metal)
Severstal Steel Decisions has finished delivering metal structures for the construction of the refrigerator warehouse for fish products in Petropavlovsk-Kamchatsky.
The premises were designed together by Obninsk Steel Project and Severstal Steel Decisions.
The 3D models were developed in Tekla Structures.
The distance of the delivery was 7.2 thousand km. (Ukrainian metal)
Industry and Trade Ministry has sent a letter to Gazprom suggesting changes into the company’s order of pipeline procurements that ensure equal rights for all pipe sellers. The ministry has adjusted Gazprom’s procurement standard together with the Federal Antimonopoly Service and pipeline producers to minimize procurements from a single supplier to ensure equal access of…Details
The state enterprise Lvivugol has signed 15 agreements with entrepreneurs to transport its employees to work for the total amount of 8.9 million UAH. Sofia Pavlyuk received the most orders – 3.7 million UAH, followed by Natalia Dmitrishina (3.2 million UAH), Galina Guk (1 million UAH) and Oleg Terekh (990 thousand UAH). Pavlyuk will be…Details
Because of the damage to 4 electricity lines several shops of ArcelorMittal Kriviy Rih have been cut off grid.
In particular, without electricity are open-hearth, blooming and rolling shops.
According to the employees, the lines were damaged by a crane gibbet. (Ukrainian metal)
The prices of precious metals increased in Azerbaijan on February 20. The price of gold grew by 32.81 manats, to 2,283.185 manats per ounce compared to the price on February 19. The price of silver went up by 0.7896 manats, to 27.604 manats per ounce. The price of platinum increased by 21.042 manats, to 1,395.050…Details
Severstal has chosen contractors to carry out construction work of the blast furnace No. 3 at the Cherepovets Iron and Steel Works. The chief contractor is Domnaremont, a part of Severstal Russian Steel. Other three subcontractors are UralDomnoRemont from Yekaterinburg, USP from Moscow and Chermetecologia from Cherepovets. The blast furnace is expected to be blown…Details
In January Kuzbass region coal pits yielded 13 million tons of coal, and mines – 7.2 million tons. The combined result exceeded that of January 2018 by 8.6%. Coking coal output totaled 6.2 million tons (4.8 million tons in January 2018) and power-generating coal – 14 million tons (13.8 million tons). Coal processing in the…Details