18 coal-processing factories will be constructed in Kemerovo region in 5 years, which will increase coal-processing volumes by 66.5 million tons and provide local population with 3.5 thousand jobs. At present 54 processing factories are operating in the region, having processed 161.6 million tons of coal in 2017, or 67% of all output. Kemerovo region…Details
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In H1 Russia produced 63342 tons of rolled stainless steel, down by 3.9% YoY. Despite this, Krasniy Octyabr Volgograd Iron and Steel Works is still the leader, having produced 76.2% of all rolled stainless steel. The company increased output by 17.5% YoY, to 48266 tons. Stainless steel bars output in Russia dropped by 7.8%, to…Details
Prices of gold and silver fell, while the platinum and palladium prices increased on September 27, according to the data published by the Central Bank. The price of gold decreased by 6.0775 manats, to 2,037.4245 manats per ounce on September 27 compared to the price on September 26. The price of silver dropped by 0.0832…Details
Management of Kyrgyzaltyn OJSC completely stopped work at Makmal mine on September 1. Almaz Alimbekov, Chairman of the Board of Kyrgyzaltyn, explained why this was done, what the situation at the mine was and what the future of the mine would be. – What is the current situation at the mine? What structures work and…Details
The monument of Volodymyr the Great, the Baptist of Kievan Rus, was installed on the pedestal in Kriviy Rih. For this purpose, PJSC ArcelorMittal Kriviy Rih provided its special equipment – Liebherr automobile crane, load-carrying capacity of which was 90 tons and the boom length was 52 meters. The new eight-meter monument is cast of…Details
Metinvest has been prolonged the rent of the Phenol State Works in the city of Toretsk, Donetsk region. The previous agreement was concluded on September 25, 2001 and was valid through September 25, 2018. The premises of the works are rented by Inkor and Co, LLC, a part of Metinvest. (Ukrainian metal)Details
To bring power to the mining and processing works at the largest copper deposits in Russia a high-voltage line will be constructed. According to the Baikal Mining Company, the Udokan deposits with the copper reserves of 27 million tons is the largest in Russia and one of the largest in the world. The annual capacity…Details
On September 27 the first and second busbar systems of the Chelyabinsk Electrometallurgical Works power substation were shut down. According to the Ministry of Energy, the works was cut off grid. The emergency brigade repaired the substation systems. The works receives electricity. The malfunction is being investigated. (Ukrainian metal)Details
Kirov Non-Ferrous Metals Processing Works starts producing rolled copper to be used in roofing works. The company has a vast experience in producing copper belts for the construction industry. In early 2000s the works started supplying to the roofing cooper market belts with the size of 0.55×600 and 0.6×600 mm. In 2006 the company mastered…Details
The Krasnobrodskiy coal pit of Kuzbassrazrezugol has commissioned the first WK-20 excavator in the Kemerovo region. The machine has been produced by the Taiyuan Heavy Machinery Works, a part of AVIC. “The company already has experience in operating such excavators. 5 WK-35 excavators with the ladle volume of 35 cubic meters (two each at the…Details
Alexei Yedapin, the chief specialist of NLMK, has analyzed the market of rolled sheet. In particular, in the segment of hot-rolled metal, under the pressure of the export situation, the prices grew considerably in H1. The imposition of protection measures by some countries, as well as the drop of the Turkish lira resulted in the…Details
Beloretsk Iron and Steel Works has been awarded the title of Perfect Supplier by the Uralsky Spring Works. The highest degree of the supplier has been awarded based on the operation in H1 2018. The customer evaluated delivery time, product quality and the presence of the quality management system certificate. The companies have been cooperating…Details
From October 1 Metinvest is increasing wages of its employees on average by 10%. According to the group press service, the experienced repairmen and technical engineers will see their salary grow by 15%. The wages of master workers and ordinary workers will increase by 10%, and of administration personnel – by 7%. This year Metinvest…Details