In September Ukraine produced 1.759 million tons of steel, down by 9.2% MoM. Pig iron manufacture decreased by 4.6%, to 1.744 million tons, while that of rolled metal grew by 3%, to 1.583 million tons. In 9 months Ukraine produced 16.41 million tons of steel, 15.47 million tons of pig iron and 14.1 million tons…Details
Mechel agreed to buy a part of Gazprombank share in its largest project – Elga coal complex. The company has accepted an offer to buy 34% of the Gazprombank’s 49%. Mechel owns 51% in the project with the reserves of 2.2 billion tons of coking coal. Gazprombank bought 49% of Elga in summer 2016 for…Details
The shareholders of the Russian gold producer Polyus have approved payment of 162.98 rubles per share in dividends for January–June, Polyus said. The record date for the dividends is October 10. Previously, the company paid 131.11 rubles per share in dividends for January-June 2018 and 147.12 rubles per share in final dividends for the year.…Details
The state enterprise Mine named after Surgay has concluded an agreement with Metkripservice Ltd LLC on the delivery of arch anchoring valued at 64.08 million UAH.
The anchoring costs 21,360 UAH per unit.
Last year the mine bought similar anchoring for 22,480 UAH per unit, or 5% more expensive. (Ukrainian metal)
Under a strategy to modernize manufacture Zaporozhkoks has commissioned a new Ligran No. 2 granulation line for the electrode pitch in the coal-tar processing shop. Investments in the project amounted to 152 million UAH. The shop manufactures 7 types of products, the main being the liquid or granulated electrode pitch used to produce electrode masses.…Details
ArcelorMittal Kriviy Rih will carry out a scheduled repair of the desulfurizing shop with its shutdown.
The company shuts down the shop every year to ensure stable operation of the machinery.
“The repair is carried out under the project and the “Emission license” conditions”, the company press service reported. (Ukrainian metal)
Chelyabinsk Iron and Steel Works has passed on to another stage of the capital repairs of one of its three blast furnaces – the builders have started assembling a new blast furnace. The repair of the blast furnace No. 4 began in July. At first the old equipment and machinery was disassembled. Now the new…Details
Severstal Steel Decisions has produced over 3 thousand tons of metal structures for the Cherepovets Iron and Steel Works blast furnace No. 3 first foundry yard. To produce structures the company used high-strength plates manufactured at CherMK mill-2800 and mill-5000. Severstal Steel Decisions will supply more than 10 thousand tons of metal structures for the…Details
Mechel-Service has supplied 2.6 thousand tons of beams to Chelyabinsk Metal Structures Works, which used them to produce metal structures for Aktogay Mining and Processing Works shops. At present the assembly of the main premises of the grinding site is drawing to an end. And the company is starting erecting the main premises of the…Details
Krasniy Octyabr has developed a special high-alloyed steel grade at the request of Atomenergomash, a part of Rosatom. The customer wanted its metal to be with the diameter of 135, 145, 155 and 200 mm. Usually of one ingot with the weight of 7 tons the company produces rolled metal of one diameter. The low…Details
In July Russia exported 2.3 thousand tons of titanium, up by 12% MoM, but down by 0.8% YoY. Exports to the US and Germany grew by 36% and 12%, to 620 and 537 tons respectively. In 7 months exports totaled 15.9 thousand tons, down by 3.1% YoY. In monetary terms since the start of the…Details
An extraordinary general meeting of MMK shareholders was held on September 27 with absentee voting. Shareholders approved by majority vote a dividend on MMK’s issued ordinary registered shares of 0.690 rubles (including tax) per share for the second quarter of 2019. The dividends will be paid in cash by bank transfer within the period and…Details
Russian aluminum giant UC RUSAL and power producer Unipro have agreed on direct power supplies with a discount to the market in order to settle their judicial dispute over the Berezovskaya GRES plant. Through the discount Unipro will compensate the entire sum of the suit of 386 million rubles, while RUSAL will agree not to…Details
The Cabinet of Ministers has proposed amendments to the 2019 state budget to provide UAH 1 billion in additional funding for the salaries of coal miners, according to the press service of the Energy and Environmental Protection Ministry. Also, improving the efficiency of enterprises, measures for modernizing and restructuring of the coal industry, introducing new…Details
Kyshtym Electrolytic Copper Plant has finished transferring its electrolysis shop to using stainless steel matrixes. Previously the company has been also using titanium matrixes to produce copper cathodes. In several stages 18 thousand matrixes have been replaced at the plant. Moreover, now all the electrolytic baths will be serviced by one Outotec machine instead of…Details
EPM-Chelyabinsk Electrode Works has shut down its anode manufacture. The decision has been taken due to a very unfavorable situation on world markets of graphite gray products, in particular, anode blocks, which are the main wares of the company. In less than a year the EPM-ChEZ anode price has dropped by more than 30%, making…Details
Before purchasing more air conditioners, Krasniy Octyabr will test its transport conditioner in the electric arc steel shop No. 2. The conditioner will be assembled in one of the bridge cranes. If the equipment copes with its work under high temperatures of the shop, similar equipment will be purchased for other shops as well. (Ukrainian…Details
As of September 1, Priisk Solovievskiy has extracted 230.2 kg of alluvial gold at its licensed sites in Zabaikalye region. This year the company has increased gold output by 40% and intends to extract some 300 kg of gold. The company is also operating in Amur region. There it has extracted 1727.1 kg of gold,…Details
A capital repair of one of the two electric arc furnaces is drawing to an end at the metal shop of the Norilsk Nickel Copper Works. The capacity of the furnace is 1.5 tons. Investments in the project amount to 16.8 million rubles. After the repair the furnace will be operating in the direct current…Details
From now on the Ivanteyevka warehouse of Korolevsky Pipe Works stores electric welded pipes with the diameter of 168, 219 and 273 mm and the wall thickness of 4 to 8 mm.
The portfolio of warehouse stocks has been increased in the category of round sections.
Rectangular and square sections are also available. (Ukrainian metal)
Since the start of the year Yerunakovskaya-VII mine has extracted 2 million tons of coking coal from the 48-6 long face. The 1-million ton-milestone was reached in June. A new long face with the reserves of 3 million tons of coal will soon be commissioned. It will be in development until late 2020. The coal…Details
Azovstal has repaired plate shop staff facilities.
The shower rooms now have new systems of cold and hot water, heating and electricity network.
The ventilation system has been repaired, new doors and windows have been installed, as well as personal lockers and hand-driers.
Metinvest has provided 4.2 million UAH for the work. (Ukrainian metal)
From October 5 Dneprovsky Iron and Steel Works will shut down a part of its main shops in order to modernize them. “A number of major investment projects is planned at the works. We repair and modernize the manufacture to decrease footprint”, DCH Steel and DMZ CEO Vitaliy Bash said. The DCH investment program to…Details
A rally was held in Bishkek against amendments to the Law on Trade Unions. The Chairman of the Mining and Metallurgical Union of Kyrgyzstan Eldar Tadzhibaev reported that the protesters asked for a meeting with the President Sooronbai Jeenbekov. Protesters want to make their proposals to the proposed amendments to the law. “The amendments proposed…Details