Vorkutaugol has purchased special mobile devices to check mining machinery and carry out labor safety audits. Before going underground a wireman runs a special app on the smartphone. Near the machines there are special reading devices. The smartphone screen shows what has to be done with each machine. The first 12 devices are being tested…Details
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OJSC MMK-Metiz, a part of PJSC Magnitogorsk Iron and Steel Works (MMK) Group, held its annual general meeting of shareholders (AGM). In 2017 MMK-Metiz’s share of the domestic market in Russia grew by 2% YoY, to 352 thousand tons, while export sales grew by 2.8%. The largest Russian metal wares producers that are part of…Details
In January-May Donetsk region (without the part seized by the pro-Russian militants) increased industrial output by 4.3% YoY. At the same time metal and metal wares output dropped by 3.7%. Coal mining grew by 4.2%, to 5 million tons. Coke output reached 2.2 million tons, up by 20.1%. Steel manufacture decreased by 4.2%, to 3.3…Details
In May Ukraine increased steel output by 2.9% YoY, to 1.695 million tons. According to Worldsteel, Ukraine dropped back to the 14th position among 67 countries-manufacturers of steel. The first place is traditionally occupied by China (81.127 million tons, up by 8.9%). Taiwan, though decreasing output by 14.4%, to 1.715 million tons, was able to…Details
In April, according to the customs statistics, Russia imported 152.8 thousand tons of pig iron from Ukraine. In March the deliveries totaled 136.8 thousand tons. Ukraine started supplying pig iron to Russia in November 2017 and in 6 months exported 590 thousand tons. Rostov region accounted for some 60% of purchases, followed by Moscow region…Details
In April, according to the customs statistics, Russia imported 50.2 thousand tons of flat galvanized rolled metal, up by 14.6% MoM, but down by 15.5% YoY. In January-April imports fell by 19.4% YoY, to 172.8 thousand tons. Kazakhstan was the main supplier (58 thousand tons, down by 16%), followed by South Korea (26.5 thousand tons,…Details
In April Russia imported 28.7 thousand tons of galvanized polymer-coated rolled metal, up by 7.6% MoM, but down by 34.6% YoY. In January-April imports totaled 84.1 thousand tons, down by 33.2% YoY. The main supplier was China (26.2 thousand tons, down by 53.3%), followed by Kazakhstan (19.4 thousand tons) and South Korea (14.6 thousand tons).…Details
The specialists of the mine department of Gaysky Mining and Processing Works are busy constructing a crushing-conveyer line at the depth of 1095 meters. The line, bearing the number of 11, upon completion will be connected to other two lines. At present the Metco crusher is being assembled. The length of the conveyer belt will…Details
The cost of the construction of the second stage of the Pavlik Mining and Processing Works in Magadan region is expected to amount to 15.5 billion rubles. The construction started in 2012. The development of the open pit began in late 2014. The first stage was commissioned in August 2015. In 2017 Pavlik reached the…Details
Pipe Metal Company has held an annual meeting of the shareholders. According to the company statement, it was decided to distribute 2017 net profit as dividends of 2.28 rubles per ordinary share for the total amount of 2.355 billion rubles. Ernst & Young was selected as the company auditor. (Ukrainian metal)Details
Polymetal International plc has put into operation a gold-processing factory at the Kyzyk deposits ahead of schedule and with lower expenses. On June 25 the first gold concentrate was obtained. The construction is expected to cost $325 million, down by 3% from the originally planned amount. The first deliveries to customers will start in late…Details
In January-May Ukraine exported 6.247 million tons of metal, up by 4.2% YoY. The share of semi-finished products was 42.2% (42.1% last year), while that of flat rolled metal was 34% (33.4%) and bars – 23.8% (24.5%). 83.2% of metal manufactured was exported (83.6% in January-May 2017). The main exports markets were EU (34.8%), Africa…Details