Rosselkhozbank has provided a loan to the Abinsky Electrometallurgical Works LLC, the largest metal company in Southern Russia. With the help of the loan, the company has modernized and increased its capacities, as well as infrastructure. Until the end of the year AEMZ will commission a metal wares shop, which will create additional jobs. The…Details
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None of the large diameter pipe suppliers attended the Gazprom tender to supply pipes for the Kovykta-Chayanda site of the Sila Sibiri (Power of Siberia) pipeline to China. In mid-September Gazprom komplektatsia LLC announced 5 purchases of 601.904 thousand tons of LDP for the expected amount of 47.415 billion rubles. The pipes had to be…Details
As of October 1, the Daksib LLC alluvial gold output in Irkutsk region totaled 160.6 kg, down by 26.3% YoY. As of October 1, 2017 the company washed 217.9 kg of gold. Last year the output totaled 232.6 kg. This year the company intends to extract 265 kg of gold. Daksib owns 4 licenses in…Details
In January-August Severstal Distribution increased sales to Serwistal (Poland) by 70% YoY. The company supplies hot-rolled flat metal, as well as galvanized and polymer-coated rolled metal. The metal is then processed into sheets and strips. “We have been cooperating with Serwistal since 2010, but it is now that we have considerably increased our sales due…Details
In 2018 Yekaterinburg Non-Ferrous Metals Processing Works kept on expanding its geography of exports. This year the company has entered the new markets in Europe and Southeastern Asia, having started deliveries to Spain (products for medicine industry) and Thailand (standard silver samples). Thus, the EZOTsM exports geography has expanded to 33 countries. In 2015 the…Details
Elgaugol LLC has commissioned a weighing control unit. The unit is used to weigh loaded trucks. The premises of the weighing unit are fully automated: all the information is shown on the screen and is then saved. The new unit will improve the speed and the precision of the truck weighing. (Ukrainian metal)Details
In November Ukraine is expected to produce 1.8 million tons of steel and pig iron each, as well as 1.6 million tons of rolled metal. As of October 10, 20 out of 21 blast furnaces, 8 out of 9 open-hearth furnaces, 14 out of 16 converters, 7 out of 15 electric arc furnaces and all…Details
The militants of the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, have transferred the Dokuchaevsk Flux-Dolomite Complex, once a part of SCM, to Vneshtorgservice, a company linked to the fugitive oligarch and the accountant of the Yanukovich family – Sergey Kurchenko. The transfer has to do with the fact, that,…Details
Austria’s RHI Magnesita may invest 250-300 million euros in a magnesite field and construction of an electro-cast magnesium plant in Russia’s Krasnoyarsk region, the region’s government said in a statement on October 16 following a meeting of the governor Alexander Uss with representatives of the Austrian company. “RHI Magnesita is considering investing about 250-300 million…Details
In September steel output in Kazakhstan dropped by 15.2% YoY, to 0.309 million tons. In January-September the output fell by 2%, to 3.3369 million tons. Ferroalloys manufacture in September was 0.176 million tons and in 9 months – 1.535 million tons, up by 9.6% and by 6.5% YoY respectively. In September metal companies produced 0.188…Details
In January-September Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 12.9% YoY and amounted to 71,361 kg, the Statistics Committee of the Kazakh Ministry of National Economy reported. In the accounting period, the production of raw silver and semi-processed silver, or in powder form, reached 711,280 kg, down by…Details
Azerbaijan Industrial Corporation (AIC) OJSC is preparing a strategy to expand aluminum production, the general director of the AIC Kamran Nabizade declared. “Presently, the Ganja aluminum plant, which is on our balance sheet, produces 50,000-55,000 tons of aluminum products annually, mainly aluminum ingots and sheets. A new strategy is being prepared to increase the range…Details