In April, according to the customs statistics, Russia exported 9.7 thousand tons of corrosion-resistant steel valued at $10 million, down by 1.9% MoM, but up by 50.5% YoY. Revenue dropped by 4.5% MoM, but increased by 66.7% YoY. In January-April exports reached 31.6 thousand tons, up by 9.4% YoY, valued at $33 million, up by…Details
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In January-April Russia imported 78.7 thousand tons of corrosion-resistant steel valued at $179 million, down by 8.6% and by 2% YoY respectively. According to the customs statistics, 600+ mm sheet accounts for 90% of the deliveries. The main supplier is China (41%), followed by Taiwan (16.5%). Spain and South Korea supply some 8% each. (Ukrainian…Details
In January-May Buryatia extracted 1569.7 kg of gold, up by 24.5% YoY. In particular, ore gold output totaled 1432.5 kg and alluvial gold – 137.2 kg. Ore gold is mined by Buryatzoloto, Zapadnaya miners team and Sininda 1 miners team. The largest alluvial gold extractors are Sininda 1, Priisk Tsipikansky LLC, Vitimgeoprom, Kurba miners team…Details
In June Severstal Steel Decisions has finished supplying metal structures weighing 322 tons for the construction of the wholesale market in Primorye region. The building with the total size of 9600 square meters will be used for loading and unloading. The length of the building will be 120 meters, while the height – 11.5 meters.…Details
Chepets Mechanical Works has commissioned a system of manufacturing management in the bar shop. The new information system on the basis of MES Hydra allows monitoring the rolling mills operation in real time. The data gathering has decreased from 8 hours to 5 minutes. The project will result in the digital transformation of zirconium refining.…Details
Specialists of Beloretsk Iron and Steel Works have presented their newest import-substituting products to mining companies of Kemerovo, Krasnoyarsk, Zabaikalye and Khabarovsk regions, as well as Republics of Khakassia and Buryatia, and Uzbekistan. Trial batches of steel ropes with polymer coating will be supplied to customers, while the full-scale manufacture will start in early 2019.…Details
Gold and silver producer Polymetal International is ready to buy a pressure oxidation unit (POX) from Russia-focused gold producer Petropavlovsk Plc for $250 million. Polymetal is even ready to finish construction of the unit on its own and to buy 300,000 tons of refractory ore concentrate from Petropavlovsk per year to refine it at the…Details
The state enterprise Lvivugol will buy mining machinery for the Stepnaya mine valued at 120.65 million UAH. The corresponding auction has been announced in the Prozorro system. In particular the enterprise intends to purchase a shearer, a long wall conveyer with the length of 300 meters, 200 anchoring section moving mechanisms with hydraulic jacks and…Details
In January-May the gold-ore company Pavlik, developing the deposits of the same name in Magadan region, obtained 2700 kg of gold, up by 8% YoY. The manufacturing plan for the year is the same – 7 tons of the precious metal, up by 7.7% YoY. Last year Pavlik obtained 6.5 tons of gold. The company…Details
Bakyrchyk Mining Enterprise has been put into operation in the East Kazakhstan region. The enterprise will be developing a major gold project Kyzyl (Bakyrchyk and Bolshevik deposits). Its reserves are estimated at 280 tons of gold with the average content of 7.7 g per ton. When the enterprise reaches project capacity in 2019, it will…Details
Uchaly Mining and Processing Works has received 2 Sandvik DD311 drilling machines and a Sandvik TH545 underground dump truck. The machines will be operating at the Novo-Uchalinsky mine. This is the second underground truck bought this year for the Novo-Uchalinsky deposits. Ore mining will start next month. (Ukrainian metal)Details
RusHydro will support the project on the construction of Taishet Aluminum Works. All it is waiting for is the decision of Rusal. In early April RusHydro approved participation in the project. The company share was to be not more than $319.5 million. RusHydro will get 50% in the charter capital of the joint company RusAl…Details