ArcelorMittal Temirtau intends to have reached the target capacity by late January – early February. The company is still recovering from the major accident in November 2018. In particular, it is stabilizing the operation of the coke batteries. “As the full recovery of the manufacturing processes cannot be achieved in an instant, we commission them…Details
Gold production on Russia’s Chukotka peninsula decreased by 4.81% YoY, to 24.130 tons in 2018, an official at the regional industry policy, construction, and housing and utilities department reported on January 14. Placer gold output grew by 11%, to 2.583 tons. Output of Chukotka Mining and Geological Company, a unit of Kinross Gold, rose by…Details
The price of one ounce of gold increased by 6.902 manats or by 0.31% last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2,190.6217 manats. The price of one ounce of silver decreased by 0.1681 manats or by 0.63%, to 26.6537 manats. The price of one ounce of platinum…Details
The first resident of the Nizhnekamsk advanced development territory – Kamastal – has started operating. “On December 31, 2018 Kamastal produced its first painted sheet of coil steel”, the local authorities reported. The company became the resident in May last year. Investments in the project are estimated at 428 million rubles. And the capacity is…Details
Gold production in Russia’s Khabarovsk region increased by 6% YoY, to 24.5 tons in 2018, the region’s government press service said. “The Khabarovsk region has set a new gold production record. Miners have already reported about 24.5 tons of the precious metal in 2018. This is not the final figure but it exceeds the previous…Details
The subsidiaries of the United Mining and Chemical Company have announced their intention to conclude 8 agreements with United Global Logistic LLC for the transportation services valued at 483.84 million UAH. This year Irshansk Mining and Processing Works is ordering railroad transportation and processing of cargo at 283.02 million UAH, and Volnogorsk Mining and Processing…Details
Under the project to construct the continuous casting machine No. 4 Mariupol Ilyich Iron and Steel Works has purchased new special machinery. A new MAZ-based skip-lift will transport the powder wastes of the converter manufacture. Its cost is some 1.6 million UAH. The new machine will in future service not only the CCM No. 4,…Details
The prices of precious metal decreased in Azerbaijan. The price of gold dropped by 4.743 manats, to 2,198.1085 manats per ounce on Jan. 11 compared to the price on January 10. The price of silver fell by 0.1047 manats, to 26.6673 manats per ounce. The price of platinum went down by 7.072 manats, to 1,398.42…Details
In January-November Russia exported 5.03 million tons of pig iron valued at $1885 million, up by 23.7% and by 35.6% YoY respectively. According to the customs statistics, USA imported the most pig iron – 55.3%, up by 7.4%. The share of Italy grew 1.83-fold, to 12.4%. Hong Kong imported 572 thousand tons of pig iron.…Details
Kamchatskoye Zoloto has become a resident of the territory of advanced development Kamchatka. The process has been carried out in stages. The company will carry out a project to modernize and develop Zolotoye, Kungurtsevskoye, Uglovoye and Baranievskoye gold deposits in 2019-2034. Some 2.15 billion rubles will be invested. In 10 years budgets of all levels…Details
In 2018 Ural Steel exceeded its annual target on rolled metal manufacture having produced 0.9 million tons.
Pig iron output exceeded 3 million tons.
Continuous cast billet manufacture totaled 1.1 million tons.
At present the company is modernizing blast furnaces Nos. 2 and 3 to reach their maximum efficiency. (Ukrainian metal)
Every year Russia transports 2.8 million tons of anthracite coal from the territory of the occupied Donbass. “Until 2014 we used to mine some 20 million tons of coal in Donetsk and Lugansk regions. And now we can say that Russia, having no resources of its own, because of the sanctions and enormous expenses on…Details
As a result of the blast at the mine named after Space Heroes, three out of five miners taken to the hospital ended up in resuscitation department. “On January 10, there was a methane blast at the DTEK Pavlogradugol mine. 5 miners have been injured. 3 of them, members of the Independent Miners Union of…Details
In PJSC ArcelorMittal Kriviy Rih, a complex of close loop BOF gas cooling for blast furnaces Nos. 4, 5, and 6 was commissioned. The company cost as of UAH 192 million. Within the project, the framework of existing pumping station No. 2-BIS was repaired, three expansion tank-accumulators, nine high-performance pumping units, six water-air heat exchangers,…Details
The U.S. Department of the Treasury insists on lifting sanctions from Russian aluminum giant UC RUSAL, multi-industry holding En+ Group, and EuroSibEnergo, Secretary Steven Mnuchin said following his meeting with U.S. Congress democrats “RUSAL, En+ Group and EuroSibEnergo have committed to provide Treasury with an unprecedented level of transparency into their dealings to ensure that…Details
Last year Bogatyr Komir LLC shipped 45 million tons of coal to its customers. The annual target of 41.3 million tons was exceeded in early December 2018. The company managed by Samruk-Energo and Rusal mines coal from two pits – Bogatyr and Severniy in Pavlodar region. Its balance reserves are estimated at 2.75 billion tons.…Details
In 2018 Ukraine exported 904.29 thousand tons of ferroalloys valued at $977.858 million, down by 3.5% and by 12.3% YoY respectively. According to the State Fiscal Service, the main customers were Turkey (16.94%), Italy (15.78%) and the Netherlands (13.73%). At the same time Ukraine imported 60.373 thousand tons of ferroalloys, down by 2%, valued at…Details
In 2018 Ukraine decreased coke and semi-coke exports 8.8-fold YoY, to 25.578 thousand tons valued at $6.754 million, down 7.3-fold. According to the State Fiscal Service, the main customers were Russia (46.54%), Belarus (31.85%) and Romania (12.53%). Last year Ukraine imported 839.757 thousand tons of coke and semi-coke valued at $251.724 million, down by 45.8%…Details
Gaysky Mining and Processing Works has put into operation a new cable electricity line of 110 kV.
The length of the line is 480 meters.
The cable was supplied by the Cable Alliance Holding.
Investments in the project totaled 60 million rubles. (Ukrainian metal)
Enterprises of Siberian Coal Power Company in Krasnoyarsk region continue increasing sales to the local market. Last year some 28.7 million tons of coal were supplied to the power plants and housing enterprises of the region, as well as Altai, Novosibirsk and Irkutsk regions, up by 10% YoY. Borodinsky pit demonstrated the highest growth –…Details
A roof of one of the shops of the terrorists-seized Alchevsk Iron and Steel Works collapsed. The roof was old and could not support all the snow. According to journalists, such accidents will become more frequent. The industry in the pro-Russia terrorist-occupied regions of Ukraine has always been in a bad state, but after 2014…Details
In 2018 DTEK increased gas coal output by 5.3% YoY, to 24.13 million tons.
In particular, DTEK Pavlogradugol mined 20 million tons of coal, and DTEK Dobropolyeugol – 4.1 million tons, up by 48.6%.
Last year DTEK invested 4.3 billion UAH in coal mining development. (Ukrainian metal)
Under the increased competition with Turkish manufacturers, decline in prices for metal products and rise in the cost of energy resources, PJSC ArcelorMittal Kriviy Rih moved to more active measures to reduce costs and enhance energy efficiency. One of them is additional motivation programs for the employees. Thus, the company has launched a quarterly contest…Details
In 2018 Ukraine received $9.937 billion of revenue from the export of ferrous metals, up by 14.7% YoY. According to the State Fiscal Service, ferrous metals accounted for 20.99% of all the exports last year as opposed to 20.03% in 2017. In December 2018 ferrous metals export revenue was $760.141 million. At the same time…Details