According to the president order dated January 17, the Navoi Mining and Processing Works will soon be divided into two enterprises – the state enterprise to mine and process uranium, and a joint-stock company to mine and process precious metals. The latter will be given to the trust management. A road map to reorganize the…Details
In 2018 Kazakhstan produced 97.429 tons of gold, up by 14.2% YoY.
According to the Statistics Committee of the Ministry of the National Economy, silver output dropped by 8.6%, to 968.941 tons. (Ukrainian metal)
At its manufacturing site in Verkhnyaya Salda in Sverdlovsk region, VSMPO-Avisma has commissioned a new site of bulk titanium rings treatment. Such rings are used in aviation engines. In 2018 the Fund of the industry development supported the corporation and provided it with 70 million rubles, with 30 million rubles more given by the Fund…Details
Gaysky Mining and Processing Works has put into operation a new floatation machine. The SOMEX machine has been assembled at the main premises of the processing factory replacing outdated machinery. “The new machine is twice smaller than its predecessor. Each of its six compartments has the volume of 25 cubic meters as opposed to 50…Details
In 2018 steel pipe exports grew by 29.9% YoY, to $737.852 million, while imports – by 50.5%, to $181.471 million. According to the State Fiscal Service, in December 2018 pipe exports dropped by 1.1% YoY, to $56.405 million, while imports increased by 47.4%, to $19.572 million. US were the largest importer of steel pipes in…Details
The project to reconstruct the existing and build new gas-purifying machines in the blast furnace shop of the Mariupol Iron and Steel Works named after Ilyich has entered an active stage. Investments amount to some $20 million, A new line of dry gas-purification of the blast furnace foundry yard will be constructed. And the wet…Details
Russian gold production rose by 1.8% YoY in 2018, the Federal State Statistics Service said.
In December 2018, gold production decreased by 0.5% YoY and by 2.1% MoM.
No absolute figures were disclosed. (Prime/Ukrainian metal)
Ukrainian galvanized metal manufacturers have been harmed by the increase in imports from China and Russia. According to Metinvest Holding marketing director Roman Kurashev, unless state authorities take measures, the situation could worsen. “Following the protective measures taken by Europe, US, Canada and Turkey, we expect a considerable increase of imports from China and Russia,…Details
In 2018 Interpipe Steel produced 873 thousand tons of steel, up by 13.8% YoY.
In December 2018 the output grew by 15.8% MoM, to 82 thousand tons.
In 2017 the company produced 855 thousand tons of steel billets, up by 38%. (Ukrainian metal)
In 2018 Tomsk-based Sibcable processed some 17.5 thousand tons of metal, on par with the previous year. In particular, the plant processed almost 15 thousand tons of copper and 2.5 thousand tons of aluminum wire rod, the main raw materials in the cable manufacture. Copper is preferred over aluminum because of its higher thermal and…Details
In 2018 Cherepovets Iron and Steel Works produced 9.9 million tons of converter steel.
This year output is expected to further grow due to the modernization of the converter No. 3 in November 2018.
In 2019 two more converters will be modernized. (Ukrainian metal)
In 2018 UralKuz increased sales by 49% YoY, to 143 thousand tons. This was mostly thanks to the growth of output and railroad axles sales (by 66%). The latter was, in its turn, due to the development of the transport machine-building. UralKuz is the leading Russian manufacturer of hot-stamped products for almost all machine-building spheres.…Details
In 2018 Krivoy Rog Iron Ore Industrial Complex decreased iron ore manufacture by 9.7% YoY, to 4.581 million tons. In December 2018 the company produced 308 thousand tons of iron ore, up from 277 thousand tons in November 2018. In 2017 the enterprise increased iron ore mining by 1.5% YoY, to 5.074 million tons. (Ukrainian…Details
In 2018 TMK increased steel pipes sales by 6% YoY, to 4.01 million tons.
Seamless pipes accounted for 2.767 million tons, up by 3%.
The sales of welded pipes grew by 11%, to 1.243 million tons. (Ukrainian metal)
Gold purchases by Russian banks fell by 4.5%, to 195.85 tons in 2018, which accounted for 69% of all produced gold, a source in the Finance Ministry reported on January 22. “Besides, domestic banks signed sales contracts for gold for the same amount, 195.89 tons, in 2016. VTB, Gazprombank, Sberbank and Otkritie Financial Corporation (FC)…Details
Russian metals and mining group Mechel has restructured a $1-billion pre-export syndicated loan, the company said in a statement on January 22. “This became possible thanks to a credit line provided by VTB Bank in euros with maturity in April 2022. The grace period for the principal debt is set until April 2020,” the company…Details
In 2018 the Industrial Metallurgical Holding enterprises increased output. Thus, Tulachermet produced 2.34 million tons of pig iron, up by 3% YoY. The company operated two furnaces, which were repaired in July-August 2017 and in August 2018. Coalmining enterprises had a task of decreasing ash content in coal. The Butovskaya mine was able to decrease…Details
Vyksa Iron and Steel Works increased sales of railroad wheels by 25% YoY in 2018, to 860 thousand pieces. This is the highest result in the company 45-year history. The previous record of 850 thousand wheels was set in 2012. “The increase of railroad wheels manufacture and sales has to do with the high demand…Details
NLMK Group has sold 100% of its stake in NLMK Accounting Center to Fletcher Group Holdings Limited for a total of 23.9 million rubles. NLMK Accounting Center will be used as a platform for setting up a single service company, NLMK Corporate Solutions Center, that will provide services to NLMK Group companies and Universal Cargo…Details
In 2018 VIZ-Stal increased output by 5% YoY, to 170.4 thousand tons of transformer steel.
The loading of capacities was high – 99%.
Sales also grew by 5%, to 168.2 thousand tons.
Exports accounted for 77%. The main customers were India, Turkey, Near East and North America. (Ukrainian metal)
This year Kuzbass region intends to commission 6 coal objects. In particular, these are two pits – Chernokaltanskiy (Ugletrans LLC) and March 8 (SDS-Ugol) with the capacity of 2 million and 1 million tons of coal per year respectively. Combined they will create 450 jobs. Moreover, coal companies plan to put 4 processing factories into…Details
Interpipe NTZ has completed an investment project to modernize a pipe heat treatment site in the pipe-rolling shop No. 4. The cost of the project is $5 million. “The modernization of heat treatment at NTZ is one of our most important investment projects. The existing water supply system was outdated. Now we can increase the…Details
In 2018 Zaporozhye Ferro Alloys Plant decreased output by 7.2% YoY, to 246.1 thousand tons. In particular, ZZF increased silicomanganese manufacture by 0.3%, to 123.095 thousand tons, but decreased those of ferrosilicon by 18.8%, to 75.4 thousand tons, and ferromanganese by 4.2%, to 39.3 thousand tons. The metallic manganese output dropped by 2.4%, to 7.4…Details
In the town of Sibay (Republic of Bashkortostan) a copper quarry will be flooded in 5-7 days. According to the mayor Rustem Afzalov, at present oxidizing processes in the quarry are being eliminated. In order to completely eliminated fires there it was decided to partially flood the Sibay quarry and the Novosibay mine. In a…Details