The prime cost of 1 ton of coal mined at the state enterprises is 1.5 times higher than the price of this coal when sold to the power plants. According to the Ministry of Energy and Coal Industry, in February the prime cost was 3124.9 UAH per ton, while the average selling price was 2033.5…Details
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The Cabinet of Ministers has postponed the decision to provide state coalmines with state guarantees on their loans of 1 billion UAH. According to the Prime Minister Vladimir Groysman, this issue will be addressed later. State guarantees should have been given to the Mine named after Surgay, Pervomayskugol, Lvivugol, Toretskugol and Selidovugol. (Ukrainian metal)Details
Magnitogorsk Iron and Steel Works (MMK) was recognized in the Ferrous Metallurgy category of the XVI national annual IT Leader awards. The expert jury gave high praise to MMK’s large-scale project aimed at updating the software infrastructure of MMK Group, comprising more than 60 companies. The IT Leader awards have been held since 2002 and…Details
On May 16 labor collective of Railway Shop of PJSC ArcelorMittal Kriviy Rih (shifts 3 and 4) joined the protest of Ukrzaliznytsya’s railwaymen. Main demands of the employees were announced – to increase the salary up to European level of 1000 EUR and to ensure that all rolling stock met health and safety standards. Locomotive…Details
Kyrgyzstan considers it important to adopt a new UN resolution on the problems of uranium tailings, the Deputy Prime Minister of the Kyrgyz Republic Kubatbek Boronov stated on May 17. According to him, a number of large tailing dumps in Kyrgyzstan and other countries of the region are located near the rivers, which are the…Details
Goods worth 274 million manats were produced by metallurgical industry and enterprises manufacturing finished metal products in January-April, reads a report of the country’s State Statistics Committee. The report says the output of metallurgical industry increased by 14.2%, while the manufacture of finished metal products grew 2.2-fold. Azerbaijan produced 97,800 tons of fittings, up by…Details
In 2018 Yanzoloto LLC, which extracts gold in the Republic of Sakha (Yakutia), intends to obtain 250 kg of alluvial gold, up by 9% YoY. According to the company director Ivan Rebrov, in mid-term (2020-2022) Yanzoloto plans to increase annual output to 1 ton and reserves to 5 tons. In the long-term it is intended…Details
At the meeting of the Lviv regional council the acting CEO of the state enterprise Lvivugol Oleg Akimov voiced two main problems: the cooperation with Lviv Coal Company and the further operation of the state enterprise as one complex. “We have been able to finally reach the level when we can work with profit. But…Details
Karabashmed, a part of the Russia Copper Company, has assembled the last of the three new Kumera converters at its metal shop. Commissioning is scheduled for Q3. The first two converters were assembled in October 2017 under the modernization program. It will increase the company capacity to 150 thousand tons of raw copper per year,…Details
Toshkent Metallurgiya Zavodi (TMZ) and the Russian MetProm have signed an agreement with the Italian Danieli to supply a range of machinery to the Tashkent Iron and Steel Works, which is under construction. The works will receive a cold-rolling mill with the capacity of 500 thousand tons per year and the dip-galvanizing line and coating…Details
According to its program of machinery modernization Zaporozhkoks is carrying out a capital repair of the coke battery No. 5. The repair valued at 73 million UAH is expected to be completed by November. “As the result of the repair we will considerably increase the lifetime of the machine and improve its conditions. We will…Details
Zlatoust Electrometallurgical Works has mastered the technique to produce round rods of heat-resistant chromium-nickel-manganese steel of EP750-SH grade. The rods have the diameter of 85-160 mm. It should be noted that the first batch of EP750-SH steel rods was produced back in December 2017. (Ukrainian metal)Details
In January-April the throughput of Russian seaports totaled 260.1 million tons, up by 3.7% YoY. According to the Association of Sea Trade Ports of Russia, coal throughput grew by 3.4%, to 49 million tons, and ferrous metals – by 11.1%, to 10.8 million tons. (Ukrainian metal)Details