The sales of the Armavir Electrometallurgical Works LLC did not take place. The auction saw the land plot of 85 ha, the site for the steel manufacture and other assets. The price slowly dropped from 248.4 million rubles to 124.2 million rubles, but no bids were made. The construction of the work was begun in…Details
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The acting governor of Primorye region has signed the agreement on the development of tungsten ore deposits and the creation of the new enterprise – Malinovsky Mining and Processing Works. The agreement has also been signed by the Primorsky GOK CEO Vladimir Shagoyko and the director of its subsidiary the ore company AIR Vladimir Shepeta.…Details
In May NLMK-Kaluga shipped 102 thousand tons of rolled metal via railroad, up by 19% MoM, but down by 8.2% YoY. In January-May railroad sales totaled 463.3 thousand tons, up by 13.8% YoY. Deliveries to domestic customers reached 175.8 thousand tons, up by 17.1%, while exports – 287.4 thousand tons, up by 11.8%. (Ukrainian metal)Details
SMC-Kolpino, a part of Severstal Russian Steel, has started shipping steel billets to Tikhvin Wagon-Building Works. The total weight of the order is 230 tons. The delivery is scheduled to be finished in August. The billets are made by way of plasma cutting of plates produced by Cherepovets Iron and Steel Works. The thickness of…Details
Metalloinvest is modernizing the arc-furnace shop at Ural Steel. A contract has been concluded with Tenova (Italy) for the delivery of 2 arc-furnaces. They will be switched to the technique of FMF (flexible modular furnace), which zeroes the consumption of electrodes and electricity. The commissioning of the furnace No. 2 is scheduled for Q1 2019,…Details
Russia’s output of unrefined and semi-refined or powder platinum increased by 1.6% YoY and by 3% MoM in May, the Federal State Statistics Service said in a statement without disclosing absolute figures. Silver output increased by 11.9% and by 12.8% respectively. In January-May output of platinum grew by 4.4% YoY and of silver by 16.9%.…Details
In May Chelyabinsk Pipe Rolling Plant decreased railroad sales by 1.9% YoY and by 10% MoM, to 101.5 thousand tons. In January-May sales grew by 23.2%, to 560.8 thousand tons, with deliveries to domestic customers up by 53.2%, to 450.6 thousand tons, while exports dropped by 31.6%, to 110.2 thousand tons. In April ChTPZ increased…Details
In May Chelyabinsk Iron and Steel Works decreased railroad deliveries of rolled metal by 1.6% YoY and by 2.4% MoM, to 264.3 thousand tons. In January-May deliveries dropped by 1%, to 1.38 million tons, including to domestic market – by 3.6%, to 1.19 million tons, while exports grew by 19.8%, to 190 thousand tons. In…Details
Prime Minister Vladimir Groysman intends to initiate inspection of state coalmines. According to him, state mines are now subsidized from the budget because of the difference in price of coal mining and its sales. This year the budget envisions 900 million UAH for state mines, but these funds have already been spent. “We understand that…Details
Dneprovsky Iron and Steel Combine decided to construct a new blast furnace. “We’re starting designing a new blast furnace. Our blast furnaces are very old. Thus, to replace the furnace No. 8, which has already been shut down, we will design and construct a new furnace”. The company CEO Alexander Podkorytov said. He did not…Details
In May Amurmetal shipped 43.2 thousand tons of metal to domestic customers and abroad via railroad, up by 3.5% MoM and almost 10-fold YoY. In January-May the sales totaled 177.8 thousand tons, up from 20 thousand tons in January-May 2017. This year deliveries to Russian customers reached 65.1 thousand tons, while exports –112.6 thousand tons.…Details
In January-May the throughput of Russian sea ports grew by 2.7% YoY, to 328.4 million tons, According to the Association of the Sea Trade Ports, in particular, the throughput of coal grew by 3.6%, to 63.7 million tons, ferrous metals – by 7.7%, to 13.3 million tons and ore – by 5.9%, to 2.9 million…Details
In January-May Beringpromugol LLC, which develops the Fandyushkinskoye field deposits on Chukotka, shipped 250 thousand tons of coal to the Beringovsky port. The navigation at the port, taking into account the climate conditions of the region, lasts for half a year – from June till October-November. The loading of the first ship will start on…Details