Yuri Derkach has been appointed the acting CEO of the Ukrainian Association of Secondary Metals. Previously he worked in the Ministries of industrial policy and economical development and trade until his retirement. The previous UAVtormet CEO Nikolai Tarapurov retired. The final decision on the CEO appointment will be taken at the association meeting in November.…
DetailsIn the metal machining shop of Energomashspetsstal a new 6620 bed-type mill has been put in operation. The mill is used to machine the surface of steel wares with the weight of up to 50 tons. The new mill has better technological advantages. It allows improving the quality of the billets machined, reaching a new…
DetailsThe Amur artel obtained 942 kg of platinum, including 276 kg in August. The Amur Zoloto ore deposits yielded 727.2 kg of gold and 481 kg of silver. The Buor and Ulakhan alluvial gold sites produced 295 kg of gold. The total gold output in January-August reached 1028.6 kg. (Ukrainian metal)
DetailsIn January-August the throughput of Russian seaports increased by 10.4% YoY, to 517.3 million tons. According to the Association of sea trade ports, coal throughput totaled 102.7 million tons, up by 15%, while that of ferrous metals – 18.7 million tons, down by 1.5%. (Ukrainian metal)
DetailsThe Federal Antimonopoly Service has allowed Severstal to buy 100% of shares in the Metal Group LLC, which owns a license to develop the central part of the Yakovlevskoe iron ore deposits in Belgorod region. In July Severstal reported on the closing of the deal to buy the claims to the company in the amount…
DetailsThe share of steel semi-finished products, slabs and billets in the export volume in January-August decreased to 35.9% from 45.6% in 2016. At the same time the physical volumes of steel semis exports dropped from 5.491 million tons to 3.831 million tons. Long rolled metal exports decreased from 3.197 million tons to 2.359 million tons,…
DetailsThe sea trade port Yuzhniy has started unloading the first batch of anthracite coal from the USA. According to the port press service, the Ocean Ambitious with 62 thousand tons of power-generating coal arrived at night. The port intends to unload the whole vessel in 3 days. The vessel left the port of Baltimore in…
DetailsVyksa Iron and Steel Works will start producing casing, compressor-pump and oil-and-gas pipes in late 2018. According to the company managing director Alexander Barykov, VMZ has started reassembling shops. The works intends to produce the first batch of pipes during the next year, and after that a mass production will be organized. Investments in the…
DetailsIn January-August Chukotka Autonomous District yielded 17.1 tons of gold, down by 12% YoY. In particular, ore gold totaled 15.3 tons, down by 15% YoY, and 1.8 tons – alluvial gold, up by 17% YoY. Silver output reached 87.8 tons, down by 20% YoY. Ore gold output decline is connected with the thinning of reserves…
DetailsUralcable has put in operation a new Italian extrusion line valued at 51.4 million rubles (750 thousand euro). The capacity of the new line is 10 times higher compared to the old one, which has been disassembled. “The speed of the Frigeco line is 800 meters per minute. Our old line could not do more…
DetailsZaporozhkoks will increase the volume of coke gas supplies to Zaporizhstal to 17 million cubic meters per year. Under the energy efficient project to supply secondary gases to Zaporizhstal, Zaporozhkoks has modernized the coke gas regulator of the waste-heat boiler. This allowed decreasing volume of gas going to the boiler to 2 thousand cubic meters…
DetailsA consortium of China Coal Technology & Engineering Group Corp. and China Railway Tunnel Group Co., Ltd. has started the main preparatory work within the project to modernize capacities of Uzbekistan’s Shargunkumir JSC, an official with the Uzbekcoal JSC reported. The project worth $94.5 million is expected to be implemented in the first quarter of…
DetailsAzerbaijan’s State Property Issues Committee and the Ministry of Economy prepared proposals for the improvement of Azeraluminium JSC. This was stated in a report on evaluation of the results of implementing the Strategic Road Map for the development of heavy industry and machinery in Azerbaijan. The prepared proposals also include the possibility of granting deferral…
DetailsA new increase in prices for raw materials and rolled metal on world markets will be a basis for Russian companies to increase sale prices for local market in October. MMK has already informed its customers on the price rise in October: by 10% for hot-rolled metal, including coils, by 5% for cold-rolled coils, by…
DetailsIn January-August Chukotka Autonomous District mined 317.4 thousand tons of coal, up by 68% YoY. At present 2 companies develop coal sites – Shakhta Ugolnaya and Beringpromugol LLC. In 8 months Shakhta Ugolnaya shipped 153.5 thousand tons of coal, down by 19% YoY, while Beringpromugol mined 163.9 thousand tons at the Fandyushkinskoye deposits. This year…
DetailsThe Northern Navy has finished packing metal scrap procured from the Kotelny Isle during the summer season. 83 twenty-feet containers have been packed, with the total weight of some 1 thousand tons. The cleaning of the isle began in 2015. Since then the navy has taken over 2 thousand tons of scrap from there. (Ukrainian…
DetailsAs of September 10, the Susumanzoloto enterprises obtained 3966.8 kg of gold on the territory of Magadan region. In particular, Electrum plus yielded 357.8 kg of gold. Drazhnik LLC obtained 1278 kg of alluvial gold, Karyer Chelbanya LLC – 292.2 kg, Chay-Urya Gold LLC – 643.8 kg, Astra LLC – 346.3 kg, Gerba LLC –107.1…
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