The construction of new steelsmelting capacities by China in the Russian Far East is not only against the Global steel forum ideology, but also against the industry meetings decisions taken in 2016. “The idea of the Chinese metal makers to create capacities outside of China is the aim of their industry to decrease environment impact”,…
DetailsThe chairman of the Vnesheconombank Sergey Gorkov said that the strategy on the Industrial Union of Donbass corporation was developed last year. “Some time is needed to carry it out. The Fund of investment assets appeared as a part of this strategy implementation. Has this strategy not been implemented, that would have been a really…
DetailsIn October Russia exported 214.4 thousand tons of pig iron, down by 55% YoY. According to the Federal Customs Service, in January-October exports decreased by 15% YoY, to 3.59 million tons, while revenue grew by 29.4%, to $1.22 billion. USA remain the leader among importers, having purchased 65.7% of all pig iron, up by 15.4%.…
DetailsIt is proposed to change the procedure for issuing licenses to develop deposits in Kyrgyzstan, a member of the Board of the Association of Miners and Geologists of the Kyrgyz Republic, Honored Worker of Industry of the Kyrgyz Republic, Kartabek Mukambetov, said at a press conference on December 27. According to him, to restore order…
DetailsIn October, according to the Customs Statistics, Russia exported 12.3 thousand tons of corrosion-resistant steel scrap and waste valued at around $12.5 million, up by 10.4% MoM and by 18.3% YoY. Moreover, this is the second highest result for the past several years (the largest was recorded in June 2011 – 16 thousand tons). Revenue…
DetailsIn 2017 Khiagda is expected to sell 693 tons of uranium, while in 2008 it sold just 60 tons. For the next year the company has the same goals: further decrease of the prime cost of the products and the manufacturing processes. At the same time it also has new challenges: improve efficiency, increase output…
DetailsAEM-Tekhnologii has produced for Severstal a cylinder to modernize the accumulator station of the water decaling unit at the 2000 rolling mill. In 2015 the company supplied 2 similar cylinders to Cherepovets. The volume of the cylinder is 9.25 cubic meters. It has successfully passed the tests. (Ukrainian metal)
DetailsIn 2017 ferrous scrap procuring companies will amass 3.7 million tons of scrap, and 80% (2.96 million tons) will be in the shade. As the result the budget will get only 53.3 million UAH. “One of the main issues is the deshading of the scrap market”, Ukrmetallurgprom president Alexander Kalenkov believes. According to him, in…
DetailsUkraine has retained the zero quota on gold, silver, precious metals wastes and scrap exports for 2018. The corresponding norm is contained in the Cabinet of Ministers decree dated December 20 and published in the state newspaper Uryadovy Courier on December 23. (Ukrainian metal)
DetailsThe state enterprise Ukrpromvneshexpertisa forecasts that export prices of Ukrainian suppliers of iron ore raw materials in December will fall by over 10%. “The fall will be the result of the Chinese indexes dynamics with a certain time lag. On the local market prices could grow due to the favorable situation on the rolled metal…
DetailsThe Cabinet of Ministers has prolonged for 2018 the licensing of anthracite exports at the approval of the Ministry of energy and coal industry. The correspondent decree No. 1018 dated December 20 has been published in the Uryadovy Courier newspaper. The accompanying message says that the licensing is aimed at preventing uncontrolled exports of the…
DetailsIn January-November Ferrexpo exported 9.433 million tons of iron ore pellets. In particular, Poltava GOK exported 7.07 million tons and Yeristovo GOK – 2.362 million tons. In 11 months Metalloinvest exported 4.984 million tons of pellets (Mikhailovsky GOK – 2.916 million tons and Lebedinsky GOK – 2.068 million tons). Karelsky Okatysh exported 5.038 million tons…
DetailsIn January-November DTEK Energo increased purchases of coal from state mines of the Lviv-Volyn basin by 17.4% YoY, to 668 thousand tons. According to DTEK press-service, in November purchases grew 3-fold YoY, to 73 thousand tons, but remained on October level. (Ukrainian metal)
DetailsAdministration of the Ingulskaya uranium mine, a part of the state enterprise VostGOK, has filed a suit against 94 miners, who went on a strike in November demanding the increase of salary. The administration wants the court to declare the strike illegal and believes the strike resulted in the enterprise losing some 1.46 million UAH.…
DetailsThe Russian company, RosGeoPerspectiva, will carry out geological exploration work to find copper and gold in the promising areas of Kazakhtau and Kazakhtau 1 in Navoi region of Uzbekistan. The Russian side and the State Committee of Uzbekistan for Geology and Mineral Resources have already prepared a draft agreement on geological exploration and pilot production…
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