Severouralsky Bauxite Mine has put into operation the final, third stage of the Cheremukhovskaya-Glubokaya mine. Investments totaled 460 million rubles. And the overall expenses on the construction of the mine exceeded 7.9 billion rubles. The depth of the mineshaft is 1.5 km. The design speed of the mine cage is 11.73 meters per second, which…Details
In 2018 Russia procured 25.95 million tons of scrap, with the average price at 17.727 rubles per ton, up by 2,817 rubles YoY. As metal companies did not want to buy scrap at that price, exports in December 2018 increased. Because of the increase of the domestic prices, some metal companies are lobbying the imposition…Details
Ferrexpo AG, owning 99.11% of Poltava Mining and Processing Works, the largest manufacturer of iron ore pellets in Ukraine, intends to use squeeze-out from minority shareholders.
At present Ferrexpo AG owns 189.313 million ordinary shares. (Ukrainian metal)
The campaign for repair of blasts furnaces has begun at ArcelorMittal Kriviy Rih. The main scope of repairs will be performed in the first half of the year. Category 3 intensive capital repair of the blast furnace No. 6 has begun. It will last for six days. Here charging equipment and main hoist skips will…Details
The state enterprise Yuzhnodonbasskoye Mine Group No. 1 has concluded an agreement with the power-generating company Ukrenergougol LLC on the delivery of electricity valued at 106 million UAH until the end of the year. This year a number of objects in the town of Ugledar (Donetsk region) and the recreation center in Berdyansk (Zaporozhye region)…Details
In April 1, the employees of the Rodinskaya mine of the state enterprise Mirnogradugol refused to go underground. For three months they have not been receiving salary in full and intend to strike until the debt is cleared. “The mine is in the restructuring process at the moment. We owed 2.59 million UAH to the…Details
Neryungrinsky Pit, the largest coal mining enterprise on the Far East, has turned 40.
It was officially opened on March 19, 1979.
The coal node of the pit has the size of 16 square kilometers with the maximum depth of 315 meters. (Ukrainian metal)
ZEMZ has rolled a 08X18H10T steel strip with the size of 45×530 mm.
Previously the company only manufactured the strip with the size of 73×350 mm.
Rolling takes 10 days, while forging lasts for 2 months.
The first batch of strips will soon be shipped to Asha Iron and Steel Works. (Ukrainian metal)
The architecture, city building and prospective development agency of the Kaliningrad region has allowed creating a small enterprise to produce copper wire rod in the city of Ozersk.
A 1-2-storey building with the size of 516 square meters will be constructed.
The Baltkat LLC will construct the plant. (Ukrainian metal)
In 2018 Electrozinc received 85.4 billion rubles of net losses as opposed to 197.7 million rubles of net profit in 2017. At the same time in 2015 and 2016 the works also saw losses – 895 million rubles and 9 million rubles respectively. Revenue last year dropped by 8% YoY, to 4.54 billion rubles. Sales…Details
In 2018 Revda Non-Ferrous Metals Processing Works received 170.3 million rubles of net losses, up from 10.8 million rubles in 2017.
The company revenue grew by 1%, to 3.47 billion rubles.
Sales profit was negative, with losses at 28 million rubles, as opposed to the profit of 50 million rubles in 2017. (Ukrainian metal)
It has been three years since the commissioning of the polymer-coating unit No. 5 at the Lysvensky Metallurgical Plant, which currently manufactures products with decorative designs under the SteelArt brand. These products consist of a metal base with a three-layer polymer coating, which accurately imitates the look and feel of natural materials such as stone,…Details
NLMK Group announces the start of the third stage of its annual Steel Tree grant programme, which offers funding for environmental projects, landscaping and welfare improvement initiatives. In 2019, company employees in all major home regions in Russia will have an opportunity to compete for grants. The programme was launched in early 2017 and enabled…Details
Russian aluminum giant Rusal has resumed supplies to the U.S. market and aims to win back customers it lost due to sanctions by about September when the industry seals supply contracts for 2020, its chief executive Evgenii Nikitin said. Last autumn, Rusal, the world’s largest aluminum producer outside China, missed the traditional window for contracting…Details
The economic effect from introducing cost-saving measures in the Belarusian steel mill BMZ totaled $118.6 million in 2018 or over 9% of the prime cost of the products the company makes. The figures were mentioned by the company’s Director General Anatoly Savenok at a performance review conference of the company’s trade union. According to the…Details
Kazakh hardware production plant Kaz-Metiz plans to increase production and sales by 50% YoY in 2019. In 2018, Kaz-Metiz increased its high carbon steel products output by 14.5%, to 23,923 tons (20,887 tons in 2017). “40% of the products are exported to Kyrgyzstan, Uzbekistan and Russia. We plan to expand the geography of exports to…Details
In March, Ukraine produced almost 2.7 million tons of coal, up by 4% from the target, the Coal Miners Union of Ukraine reported with a reference to the data provided by the Energy and Coal Industry Ministry. “In March, coal mining enterprises of Ukraine of all forms of ownership produced 2,663,396 tons of coal. The…Details
In January-February Kazakhstan mined 15 thousand tons of lead, up by 8.7% YoY. Lead concentrate mining grew by 18.7%, to 57.1 thousand tons. Lead-zinc ores mining dropped by 13.6%, to 844.5 thousand tons. Raw lead manufacture increased by 11.2%, to 26.4 thousand tons. In 2018 Kazakhstan exported 126.1 thousand tons of raw lead, up by…Details
Granit LLC, extracting alluvial gold in Zabaikalye region, has increased its output plan for this year to 60 kg. Last year the enterprise yielded 85 kg of gold with the initial plan of 54 kg. This year Granit will operate at two sites – Dedushkina Padushka and at the Davenda River. In 2017 gold output…Details
Evraz NTMK has supplied over 3 thousand tons of flanged beams for the construction of the shopping mall “Grozny Mall”. In particular, flanged beams with the length of 6.5 to 12.5 meters made of vanadium-alloyed steel were produced. The company beam shop can produce over 300 types of beams. This year the company intends to…Details
Taganrog Iron and Steel Works has mastered the non-stop changes of the tundish ladles at the site of the continuous casting of 400-mm diameter steel billets. This has allowed increasing daily output by 10%. Tagmet has been using the continuous casting technique since 2006. In 2013 it started implementing non-stop switching tundish ladles. Previously this…Details
In March Zaporizhstal produced 356 thousand tons of steel, down by 0.1% YoY. Pig iron output grew by 5.9%, to 387 thousand tons, while that of rolled metal dropped by 5.2%, to 296 thousand tons. In January-March Zaporizhstal produced 1.115 million tons of pig iron, 1.028 million tons of steel and 805 thousand tons of…Details
In March Ukraine increased pig iron output by 14.7% MoM, to 1.8 million tons. Steel manufacture grew by 16.1%, to 1.96 million tons, and rolled metal – by 11.4%, to 1.54 million tons. In Q1 pig iron output dropped by 2.1% YoY, to 5.18 million tons. Steel manufacture increased by 4.5%, to 5.5 million tons,…Details
Magnitogorsk Iron and Steel Works (MMK) sold around 1.8 million tons of long products in 2018, of which 98% were shipped to the domestic market including CIS countries. This was announced by the MMK Sales Department’s leading expert, Alexander Margishvili, at the “Long and Shaped Products: New Market Configuration” conference which took place in Moscow.…Details