Dneprovsky Iron and Steel Works, a part of DCH Steel, in January-September decreased rolled metal output by 23.9% YoY, to 418 thousand tons. Steel manufacture dropped by 24.4%, to 504 thousand tons, and pig iron – by 24.5%, to 485 thousand tons. In September the company produced 37 thousand tons of rolled metal, 47 thousand…Details
MK-Service is carrying out a project to construct a metal structures plant valued at 50 million rubles in the Vologda-Vostoc industrial park. The old premises of a ferroconcrete products plant are being renovated and a new manufacture will appear. The shop to produce metal structures is expected to start operating in November. “We used to…Details
In September Zabaikalye Railroads transported 1.5 million tons of cargo, up by 1.1% YoY. In 9 months transportation grew by 10.7%, to 12.7 million tons. In particular, Zabaikalye Railroads transported 7.5 million tons of coal, up by 8.7% YoY, 852.1 thousand tons of iron ore, up 5.5-fold, 175 thousand tons of non-ferrous ore, up 2-fold,…Details
Kinross Gold Corp has announced the lack of interest in concluding new deals in Russia. In July the company bought the Chulbatkan gold ore project from N-Mining for $283 million with $170 million to be paid in shares. In the past few years Kinross has been offered several major assets in Russia, but the company…Details
Russia has blocked deliveries of power-generating coal to Ukraine via Belarus. According to the chairman of the Independent Miners’ Union and a member of the Batkivschina party Mikhail Volynets, the situation with stocking power coal for winter has already been unsatisfactory, but now it could become catastrophic. Some 300-400 thousand tons of Russian coal used…Details
Zagorsky Pipe Works and the country’s second largest bank VTB have signed an agreement to build a 35-billion ruble seamless pipelines plant, the bank said. “In accordance with the agreements of the parties, VTB plans to act as a financial investor of a project for construction of a new industrial cluster that will produce seamless…Details
Interpipe intends to redirect the sales of pipes, which had to be sold to the state enterprise Ukrgazvydobuvannya, to foreign markets and private Ukrainian gas extractors. “We are a diversified company in the pipe segment. In Ukraine we sell some 20-25% of pipes. We also have a large share on the American, European and Near…Details
Energomashspetsstal has successfully fulfilled an order to supply supporting rolls to Salzgitter Flachstahl GmbH.
The agreement was concluded in March.
Under the contract EMSS produced and shipped 2 bulk rolls with the combined weight of 80 tons.
The rolls will be used in hot-rolling mills at Salzgitter Flachstahl GmbH. (Ukrainian metal)
In September the Northern Railroads transported 5.4 million tons of cargo, up by 5% YoY. Throughput in January-September was 49.3 million tons, up by 5.6%. In particular, 6 million tons of ferrous metals were transported, up by 1.3%, 3.7 million tons of coal, up by 32%, and 2.7 million tons of non-ferrous ores, up by…Details
Izhstal has capitally repaired the steel-smelting complex to produce structure, alloyed and stainless grades of steel.
The complex consists of an arc-furnace, a continuous casting machine and machinery for off-furnace steel treatment.
Its capacity is 300 thousand tons of castings per year.
The complex manufactures more than 80% of Izhstal steel. (Ukrainian metal)
ArcelorMittal Kriviy Rih has started hot-testing of its small-section mill No. 250-4, in the reconstruction of which it has invested over $50 million. A part of the amount was spent to purchase Danieli machinery. The new equipment has been designed and supplied by Schneider Electric. Previously the mill was only able to make products of…Details
This year Central Mining and Processing Works has purchased 5 BelAZ sprinkling machines. They are now used to suppress dust at the quarries and in the slurry shop, while in winter they will be sprinkling roads with salt solution. Three new BelAZs with 32-cubic meter tanks can cover the area of 25 meters each. There…Details
Gazprombank plans to sell a 34% stake in the Elga coal project to metals and mining group Mechel for slightly over 30 billion rubles, a source familiar with the situation reported. He also said the deal should be closed by January 20, 2020. On September 30 a spokesman for Mechel said that the company accepted…Details
Perzhanskaya Ore Company LLC has for the second time entered information on its plans to start mining beryllium at the Perzhanskoye deposit in Zhytomir region in the Environment impact registry. The company states that the total size of the deposit is 402.7 ha, and the expected capacity of the mines is 200 thousand tons of…Details
Volnogorsk Mining and Metallurgical Works has ordered Energy Trade Group LLC the delivery of electrical energy valued at 144 million UAH. In October-December the company has to supply 72 million kW-h of electricity at 2 UAH per kW-h. This is slightly below the August-September price of 2.07 UAH per kW-h. At the same time in…Details
On October 1 after a major overhaul the concentrate factory of the quarry No. 4 resumed operation at Irshansk Mining and Processing Works. New Mineral Technologies (Australia) equipment has been installed at the factory – 8 models of various MG-6 spiral separators (68 pieces) and 24 pieces of HG-10. This will allow increasing ilmenite extraction…Details
In September ArcelorMittal Kriviy Rih received the most VAT – 1.154 billion UAH, up 2-fold MoM (633.737 million UAH). According to the State Treasury Service, the other four largest VAT receivers are Zaporizhstal (864.27 million UAH as opposed to 467.64 million UAH in August), Mariupol Iliych Iron and Steel Works (476.712 million UAH and 678.07…Details
In January-September Uskovskaya mine extracted 2 million tons of coal, including 1.7 million tons from the long face 50-20, and the rest from the face 50-22. When the face 50-22 is developed, the miners will turn to the long face 52-04. Next year the long face 48-8 will be commissioned. This is the fourth mine…Details
Uralelectromed has produced elevator parts to transport people and rock into the mine. The order came from miners developing the Korbalikhinskoye deposit in Altai region. The parts are made of angles with the length of 12 meters and the size of 200×200 mm. So far UEM has produced three batches of parts. Until December the…Details
The physical volume of deals with gold on the Moscow Exchange fell by about 60% YoY, to 11.64 tons in January-September, the exchange said in a statement. Deals with silver more than doubled to 7.334 tons. In monetary terms, gold and silver deals amounted to 29.6 billion rubles, down from 76.1 billion rubles in the…Details
Nikopol Ferroalloy Plant has sued Privatbank demanding 22 million UAH, which have been paid by the company to the National Bank of Ukraine for the amicable agreement. The funds are Privatbank’s debts on refinancing. As the bank previously belonged to Igor Kolomoysky and Gennadiy Bogolyubov, the enterprises, affiliated with it, acted as bails. When the…Details
In July Russia exported 254.7 tons of tungsten ore and concentrate, down by 17.8% MoM, but up by 146.7% YoY. Deliveries to Austria remained unchanged at 60 tons, but to Korea dropped by 32%, to 126 tons. In 7 months exports totaled 1.2 thousand tons, up by 79.5% YoY. In monetary terms since the start…Details
Evraz KGOK has put a new NP-1 locomotive in operation. Until the end of the year another similar locomotive will be commissioned. The machines will be used both at the operating quarries and in the development of the new Sobstvenno-Kachkanarsky deposit of titanium-magnetite ores. The locomotive with two engine dump-cars can drag 11 loaded dump-cars…Details
Sberbank Leasing will lease special machinery to the international gold-extracting company Nordgold. Under the agreements, the company will finance the purchase of HD 785-7 quarry dump trucks and Komatsu PC2000BH-8 excavators. The machines will be supplied by Sumitek International LLC. The special machinery is needed to develop the Gross mine, the main Nordgold asset in…Details