Ukraine: Mariupol Ilyich carries on with large-scale modernization program

Mariupol Ilyich Iron and Steel Works carries out a major reconstruction program to improve its positions on foreign markets. Thus, the company has signed an agreement with Primetals Technologies Austria for the delivery of machinery to reconstruct the 1700 sheet-rolling shop valued at over $25 million. “The world metal market is changing and we are…

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Tajikistan: TALCO to start mining gold

In 2018 the Tajik Aluminum Company plans to start developing the Konchochskay group of deposits. The deposits have large reserves of gold, silver, mercury, antimony and other metals. “In 2018 we will start mining and processing gold, silver and antimony”, the company said. TALCO obtained the license to develop the deposits in December 2015. The…

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Russia: Izhstal repair shop turns 100

The metal machinery repair shop of Izhstal is 100 years old. In 1917 the main premises of the repair-mechanical shop were constructed. It also contained a smithy to produce horseshoes, nails, etc. In 1930s the shop organized a welding site, and after that the electrodes manufacture. During the war it produced parts for machine-guns and…

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Ukraine: SevGOK sells 1.5 million tons of premium pellets

In January-October Severniy Mining and Processing Works sold 1.5 million tons of high iron content pellets to metal companies of Ukraine and Europe. The high-quality pellets have been produced following the experiments of using concentrate from two mining and processing works – Severniy and Ingulets. As the result iron content increased from 63.8% to 65%.…

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Russia: Severstal e-shop named best e-commerce product

The Internet-store of Severstal has been named the Best Internet-project of Russia in 2017.

The e-shop was first unveiled in 2016.

In January-October the store received 950 thousand tons worth of orders.

In 2019 Severstal intends to start exporting through its online-store. (Ukrainian metal)

Russia: Chinese to produce tin in Yakutia

The Republic Investment Company and its daughter enterprise Yanolovo have concluded an agreement with the Chinese investment fund YaZuan Investment Co. Ltd on development of tin-bearing deposits on the territory of Yakutia.

Yanolovo obtained the license to develop Tirekhtyanskoye tin deposits in 2015. Raw metal output could be 500-3.5 thousand tons per year. (Ukrainian metal)