In January-June Kimkano-Sutarsky Mining and Processing Works LLC produced 1.059 million tons of iron ore concentrate, up more than 2-fold YoY. In Q2 concentrate output grew by 53%, to 580.9 thousand tons. Sales have also increased 2-fold, to 10.46 million tons. All the iron ore concentrate is exported to China. (Ukrainian metal)Details
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Rosgeologia will carry out prospecting works of the cobalt-rich ferromanganese crusts on the territory of the Russian prospecting region within the Magellan Hills of the Pacific Ocean. The corresponding agreement was concluded with the Department on subsoil use of the Northwestern Federal District in June. The project is expected to be completed in Q4 2020.…Details
UGMK-Stal has received another asset – the mining enterprise Boguslavskoye Mine Group. The enterprise mines iron ores and processes iron ore concentrates, as well as produces construction crushed stone. The enterprise possesses the Severopeschanskaya mine, a crushing factory and a number of auxiliary departments. Its annual output is 2.4 million tons of ore and 1.2…Details
Vyksa Iron and Steel Works has supplied a batch of railroad wheels for high-speed passenger trains of its own design to Tver Car-Building Plant. The wheels can be used with speeds up to 200 km/h. Previously VMZ supplied wheels that could be used in passenger cars at the speeds up to 160 km/h. “In Q1…Details
In April-June Metalloinvest produced 10.1 million tons of iron ore, up by 2.3% YoY. Pellets output grew by 4%, to 7 million tons. HBI manufacture increased by 1.3%, to 1.2 million tons. The share of sales of iron ore products with high added value (pellets, HBI) increased to 72% from 69% in Q1. Pig iron…Details
Severstal has selected the supplier for the modernization of the zinc coating density-measuring system at the Cherepovets Iron and Steel Works continuous hot dip-galvanizing machines. TT Analytica (Russia) will design engineering, supply the equipment, assemble and commission it. The equipment will be used to create a uniform layer of zinc of the necessary thickness on…Details
Corum Group has concluded agreements on the delivery of heading machines to Polish mining companies Polska Grupa Górnicza (PGG) and Jastrzębska Spółka Węglową (JSW). According to the company statement, the machines will be leased for 5 years. The combined cost of the contracts is 5.3 million euro. The first machine, intended for JSW, will start…Details
In July Zaporizhstal increased steel output by 6% YoY, to 354.2 thousand tons. According to the company press service, pig iron manufacture grew by 29.4%, to 396.5 thousand tons, and rolled metal – by 2.2%, to 301.2 thousand tons. In January-June the company produced 2.393 million tons of steel, 2.537 million tons of pig iron…Details
In January-June Pobuzhye Ferronickel Plant increased ore processing by 6.1% YoY, to 679 thousand tons, or 35.284 thousand tons of ferronickel, down by 2.3%, or 7.5 thousand tons of nickel, down by 2.8%. In H1 the company expects to receive profit of some 2.3 million UAH. The average salary totaled 8038 UAH, up by 29.6%…Details
The supervisory board of Dneprospetsstal has once again prolonged the authorities of the acting chairman of the board Vitaly Kornievsky for 3 months. On April 23, 2009 the supervisory board relieved Daniel Valk of his duties, having appointed the ex-CEO of Dneprovsky Iron and Steel Works named after Petrovsky, Vitaly Kornievsky instead. His office has…Details
In January-June Tajik Aluminum Company produced 54.8 thousand tons of primary aluminum, down by 3 thousand tons YoY. The decrease in output has to do with the capital repairs of the machinery to reduce electricity consumption. The repair is expected to be completed this year, after that output will grow again. Some 48 thousand tons…Details
On July 31 an accident happened at Azovstal resulting in the death of one person, while another was rushed to hospital. Two employees of a subcontractor firm fell from on high while carrying out repair work in the coke shop. As the result of the fall one person died, and another was taken to the…Details
In April-June the segment of Africa and CIS (ACIS) of ArcelorMittal increased EBITDA by 9.1% QoQ and 2.28-fold YoY, to $397 million. According to the group statement, H1 EBITDA grew 2.1-fold, to $760 million. Steel output decreased by 16.2% YoY and by 9.2% QoQ, to 3.087 million tons due to the problems at ArcelorMittal Kriviy…Details