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The ministers of investment and development, national economy and finances have signed a joint decree “On some issues of ferrous and non-ferrous metals scrap and waste transportation”. According to the decree, the transportation of scrap, as well as rails, pipes, and used railroad and wagon components, except for the scrap of alloyed steel is prohibited…
DetailsDneprovsky Iron and Steel Combine has started capital repairs of the converter No. 1 with the replacement of the waste-heat boiler. The length of the repair is expected to be 55 days, while usually it takes 80 days. The repair will be carried out under an agreement to improve environment in town of Kamenskoye. The…
DetailsVysochaishiy has won an auction to prospect, develop and mine gold ore at the Svetlovskoye ore field site in Irkutsk region. The R1 resources of the site are estimated at 61 tons, and R2 – 59 tons. In 2017 Vysochaishiy produced 225 thousand ounces of gold, having become the 7th largest gold-processing enterprise in Russia.…
DetailsCherepovets Iron and Steel Works has entered the active phase of the cutup machine No. 4 reconstruction. The cost of the investment project is some 400 million rubles. The project will see the replacement of the old plate straightener and flying shears with the new-generation machinery, as well as addition of another straightener. The new…
DetailsLebedinsky Mining and Processing Works has successfully passed the re-certification audit of the quality management system. Its correspondence to ISO 9001:2015 has been confirmed by the auditors of the British Standards Institution. As the result of the inspection, it was decided to extend the validity of the company certificate for 3 years. LGOK certified its…
DetailsVirdy Bikram, the ArcelorMittal Kiriviy Rih deputy CEO on procurement, has been appointed the chairman of ArcelorMittal Berislav. The decision was taken at the supervisory board meeting on November 6. Moreover 4 board members have been re-elected for a new term. (Ukrainian metal)
DetailsUzmetkombinat JSC, the Uzbek metallurgical plant, intends to implement 13 projects worth a total of $474.5 million in 2018-2022. The government of Uzbekistan issued a “Decree on measures for the implementation of investment projects and the effective use of objects of Uzmetkombinat JSC”. In particular, the company intends to build a casting and rolling complex…
DetailsIn January-September Mezhdurechensky Mining and Processing Works and Valki-Ilmenit, both parts of Group DF, increased ilmenite concentrate output 1.98-fold, to 107 thousand tons. Ilmenite ore mining grew by 91%, to 2.1 million cubic meters. Thanks to the output growth the companies were able to increase average salary by 25%, to 12 thousand UAH. Since the…
DetailsAn employee of the pipe-rolling shop at Interpipe Nizhnedneprovsk Pipe Works received a fatal injury. According to the State Labor Service, he violated operational instructions and without switching off the straightening machine got into a spindle rotation zone. The accident happened on November 6. According to the State Labor Service, in 2017, 4.313 thousand people…
DetailsPrices of precious metals varied in Azerbaijan on November 8, according to the data published by the Central Bank. The price of gold decreased by 10.387 manats, to 2,080.0945 manats per ounce on November 8 compared to the price on November 7. The price of silver fell by 0.0963 manats, to 24.7105 manats per ounce.…
DetailsIn 3 days two employees of Metinvest works in the city of Mariupol – Azovstal and Mariupol Ilyich Iron and Steel Works – have perished, while one more has been seriously injured. On November 6 an employee of the Azovstal converter shop was found dead. The reason of his death is unknown. On November 5…
DetailsBeloretsk Iron and Steel Works has passed the inspection of the rebar wire and strands manufacture for the compliance with the construction norms. The certificate allows the company to supply its rebars to Slovakia. The inspection has been carried out by Technicky a Skusobny Ustav Stavebny (TSUS). The inspection covered the rebar wire with the…
DetailsThe world demand for steel in 2018 will grow by 2.1% YoY, to 1.643 billion tons, according to Severstal. China will account for 766 million tons, and the rest of the world for 877 million tons. In 2019 the demand growth will slow down to 1.5%, to 1.667 million tons. Demand growth in Russia in…
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