The increase in gold output will positively influence the economy of the Magadan region, the Council of the Federation member Anatoly Shirokov believes. In 2016 the region was one of the 3 largest gold producers in Russia. Last year Magadan region obtained 32.95 tons of gold, up by 18.2% YoY. The gold-extracting industry provides a…
DetailsChelyabinsk Iron and Steel Works has been granted the DNV GL certificate for large-size ingots of special steel grades. The certificate allows the company to supply its products to the European market. Only a handful of companies produce such ingots in the world. ChMK started manufacturing ingots weighing up to 50 tons in summer of…
DetailsIn 2017 Beloretsk Iron and Steel Works increased sales of high added valued products. In particular, the highest sales were in spring wire for machine-building and furniture manufacture – by 14%. Rebar threads for bridge construction sales increased by 13%, steel sections – by 10%. Steel wire sales grew by 9%, while welding wire for…
DetailsGold output of precious metals producer Polymetal International rose by 21% YoY, to 1.075 million ounces, while silver production decreased by 8%, to 26.8 million ounces in 2017, it said in a statement on January 24. Total output in gold equivalent grew by 13% YoY, to 1.433 million ounces, overshooting the production plan by 2%.…
DetailsIn January-November 2017 Russia exported 1.35 million tons of flat cold-rolled metal, up by 13% YoY, but down by 2.3% from the corresponding period of 2015. Turkey was the leader among buyers, having purchased 447 thousand tons. At the same time, its imports dropped by 25.8% YoY. The average price in November 2017 was $587.7…
DetailsCoal output in Zabaykalye region last year reached 21.3 million tons, up by 2.4% YoY. According to the regional Ministry of Nature, Razrez Tugnuysky, Razrez Kharanorsky, Priargunskoye Mining and Chemical Enterprise, Chitaugol and Arctic Developments are the leaders of the industry. In 2016 the region mined 20.8 million tons of coal. (Ukrainian metal)
DetailsIn 2017 Amurmetal produced 187 thousand tons of metal. This year the company intends to manufacture 1 million tons. To do this a two-stage modernization will be carried out. First, in February the company will modernize its rolling mill, which will increase its capacity to 700 thousand tons. During the second stage, in September, Amurmetal…
DetailsIn 2017 Kyshtym Electrolytic Copper Plant reached a new manufacturing record – it produced 129 thousand tons of copper cathodes, up by 5% YoY. This was mostly the result of raw copper manufacture growth at Karabashmed, which supplied KMEZ with raw materials. Thus, in 2017 the works produced 120 thousand tons of copper, up by…
DetailsIn 2017 Izhstal carried out a program of environment protection. Investments exceeded 76 million rubles. In particular, the company has finished the main part of its environment project on switching the 850 rolling mill water supply system into the recursive cycle, which would allow it to decrease industrial effluents more than 2-fold. At present the…
DetailsThe city of Cherepovets authorities have approved the project on pipe and sections plant construction. The new manufacture will appear on the territory of Cherepovets Industrial Park. The plant will occupy some 2.2 ha. “The plant will produce thin-walled pipes of small and medium diameter, thick-walled large diameter pipes, as well as various parts and…
DetailsA Dneprospetstal employee tried to take 20 grinding disks from the works, but was detained by the security at the exit. The discs are valued at 1287 UAH. The Zaporozhye district court punished the employee with a fine of 850 UAH. (Ukrainian metal)
DetailsInterpipe decided to change the business management model. From now on the company is divided into steel, pipe and railroad divisions. Steel products division includes Interpipe Steel, Interpipe Vtormet, the Lime Factory, as well as subdivisions of scrap purchase and steel billet sales. Andrei Korotkov, Interpipe Steel commercial director, has been appointed CEO of the…
DetailsThe arbitrary court of the Sverdlovsk region will decide on announcing the Alapayevsk Iron and Steel Works insolvent. A respective claim was submitted on January 22 by an individual claiming 1.191 billion rubles from the company. Alapayevsk Iron and Steel Works has been operating since the 18th century and specializes in the manufacture of blast…
DetailsThe Russian government has issued a permit for Magadanskoye Geologorazvedochnoye Predpriyatiye, a subsidiary of gold producer Polyus, to explore and develop vein gold at the Degdekanskoye ore field in the Magadan region, the government said in a ruling published on January 23. The reserves of the ore field, located close to Polyus’ Natalka gold field,…
DetailsSeverniy Mining and Processing Works has received 2 excavators. The first 12-cubic meter machine is operating at the Annovsky quarry. The second is being assembled for the Pervomaysky quarry. Unlike their predecessors the new excavators have a larger ladle (12 cubic meters instead of 10). The cost of the new machines is 230 million UAH.…
DetailsThe United States International Trade Commission, USITC, has decided to review the antidumping measures on silicomanganese supplies from Ukraine and China, as they have expired. The decision was taken on January 5. Nikopol and Zaporozhye Ferroalloys Plants (NZF and ZZF) take part in the revision, as well as the Ukrainian Association of Ferroalloys Producers. US…
DetailsIn 2017 Uralcable processed 6.8 thousand tons of copper, up by 15% YoY. Aluminum processing increased by 30%, to 1.4 thousand tons. Uralelectromed is the main supplier of copper wire rod to Uralcable. “The use of high quality raw materials is our main advantage, and our customers know that. We alone in Russia can control…
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