A company, which has obtained a license for exploration of a coal deposit, has temporarily suspended its activities, Head of Alai district of Kyrgyzstan, Zamirbek Moldokulov, has reported. According to him, a meeting with residents of Lenin village on the coal deposit, located in Taigak-Tash area, has been held. “It was not a rally, but…
DetailsThis year Olkon’s investment program will total 2.86 billion rubles. In particular, 1.4 billion rubles will be invested in projects to improve efficiency and develop manufacture, as well as increase iron ore concentrate quality. Some 1.46 billion rubles will be spent to maintain and replace main funds of the company, including to modernize mining and…
DetailsIn January the last batch of machinery produced by Tyazhmash for Agarak Copper-Molybdenum Works was shipped. The batch consisted of the second of two mills with all the necessary accessories. The first mill was delivered in November 2019. (Ukrainian metal)
DetailsElectrocable Kolchugino Works has purchased five new lift-trucks. Their combined cost exceeded 13 million rubles. In particular, the company bought one 16-ton forklift diesel loader and four 3- and 5-ton loaders. The new machines will replace outdated units. This year Electrocable intends to buy 4 more loaders. (Ukrainian metal)
DetailsEvraz NTMK has started producing KR140 crane rails. Now the rail and beam shop is capable of producing all five types of these rails – from KR70 to KR140. New rolls have been purchased in order to produce new rails. One meter of the crane rail weighs some 150 kg. The length of each rail…
DetailsIn January Ukraine exported 631.309 thousand tons of semi-finished steel products valued at $232.382 million, down by 25.2% and by 35.9% YoY respectively. According to the customs statistics, the main customers were Turkey (32.58%), Italy (20.53%) and Bulgaria (11.25%). In January Ukraine imported 2.392 thousand tons of semi-finished products, down 5.3-fold YoY, valued at $967…
DetailsIn November 2019 Metinvest B. V. decreased revenue by 13% MoM, to $693 million. Metal segment revenue totaled $576 million and mining – $188 million. Inner-group sales were at minus $72 million. EBITDA decreased to minus $2 million. Metinvest debt grew by $14 million, to $2.971 billion. (Ukrainian metal)
DetailsIn 2019 Kazakhstan exported 28.1 million tons of coal, down by 3.8% YoY. According to the Ministry of Industry and Infrastructure Development, the export decrease is due to the drop of coal demand on foreign markets. Exports to Russia went down by 4.1%, to 21.01 million tons, and to far foreign countries – by 23%,…
DetailsOn February 10, 163 million UAH were transferred to clear salary debts to state miners. According to the Ministry of Energy and Environment Protection, the money will cover December 2019 wages. Among others, the money will be spent to pay wage arrears to the employees of the Mine named after Surgay, Yuzhnodonbasskoye Mine Group No.…
DetailsIn early February another inspection of products manufactured for the construction of the Kudankulam Nuclear Power Plant was held at Energomashspetsstal. The inspection has been carried out under the program of quality control presupposed by the agreement. EMSS started working on the Indian order in 2016. (Ukrainian metal)
DetailsIn 2019 Izhstal sold some 48 thousand tons of metal products to car manufacturers, up by 11% YoY. The main customers were GAZ, UAZ, MAZ, Minsk Tractor Works and Kamaz. “The share of car manufacturers in our sales exceeds 19%. We value our partner relations with them and are prepared to enhance them”, Izhstal sales…
DetailsIn January Krasnoyarsk Railroad transported 7.226 million tons of cargo, down by 9.8% YoY. In particular, transportation of coal decreased by 4.2%, to 5.2 million tons. At the same time the railroad transported 451.7 thousand tons of non-ferrous ore and 76 thousand tons of iron and manganese ore, up by 1.6% and by 6.3% YoY…
DetailsIn January Kosaya Gora Iron and Steel Works sold 36,431 tons of pig iron, up 1.85-fold YoY. Ferromanganese sales grew by 0.9 thousand tons, to 6.2 thousand tons, while manufacture – by 0.4 thousand tons, to 6 thousand tons. KMZ exports its products to CIS, Europe, Near and Middle East, as well as Asia. (Ukrainian…
DetailsOn February 7, VSMPO-Avisma held a meeting dedicated to the 60 years of titanium manufacture. The history of the plant began on February 7, 1960. In 2019 the corporation produced the record volume of spongy titanium – 44 thousand tons. (Ukrainian metal)
Details