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The state enterprise Lvivugol has a strategic goal for this year to construct a mini-processing factory at the Chervonogradskaya mine. The enterprise also plans to commission four long faces, as well as receive a loan worth 340 million UAH for the machinery at the Vozrozhdeniye and Stepnaya mines. Lvivugol is the only state coal enterprise…
DetailsScrap procuring companies of Ukraine hope that the creation of the free trade zone with Turkey will decrease the export duty on scrap. At present the Agreement on the Association of Ukraine and EU presupposes the zeroing of the export rate on scrap by 2024. In 2018 the duty dropped from 9.5 euros per ton…
DetailsInterpipe is pondering the creation of the database of unscrupulous scrap procuring enterprises in order not to cooperate with them in future. “The scrap shortage is an important factor for us, but on the other hand we are now more concerned with the quality of the raw materials we receive. We want to create the…
DetailsThe State Duma has adopted in the second reading the draft decree on imposing a zero rate of VAT on companies that extract precious metals from scrap or wastes without a license and then sell them to the State Fund, banks and the Central Bank. According to an explanatory note to the document, the tax…
DetailsSeveral gold-extracting projects will be carried out in Irkutsk region. Polyus intends to commission the Sukhoi Log deposits by 2026. The capacity of the gold-extracting factory is expected at 30 million tons of ore with the average gold output at 1.6 million ounces per year. Investments will total $2-2.5 billion. Meanwhile Polyus Verninskoye has received…
DetailsIn mid-June the group of companies Ferrum (Novosibirsk) has put into operation the fifth pipe mill TESA 48-133. The mill produces electric-welded straight seamed pipes with the diameter of 48-133 mm. The total capacity of the mill is up to 6 thousand tons of pipes per month. (Ukrainian metal)
DetailsAdditional premises of the oil-processing works have been put into operation in Azerbaijan. The size of the premises is 1500 square meters. The weight of the metal structures is 154 tons. This is the second building constructed in the country by the specialists of Novinsky Works of Metal Structures (Moscow). The oil-processing works has been…
DetailsIn order to check the compliance of the Energomashspetsstal environment management system to the ISO 14001:2015, the company has been visited by QSCert-Ukraine B.V specialists. They have checked 17 structural subdivisions of the company, studying the documents dealing with environment protection and speaking with the directors and the personnel. The information obtained during the audit…
DetailsUkrmetallurgprom and the Ukrainian association of secondary metals UAVtormet have addressed the Verkhovna Rada asking it to free the scrap metal operations from VAT. “This will make it impossible to some companies to carry out operations, which allow them to get the VAT reimbursed from the state budget”, the letter said. According to the letter,…
DetailsUral Mining and Metallurgical Company is carrying out operation at the Khopra sulfide-nickel deposits in Voronezh region. The prospecting work has been completed, and now the company is preparing the necessary documents. The process is expected to wrap up by 2020. According to the company statement, preliminary estimations show that the construction of a mining…
DetailsIn January-May Irkutsk region yielded 6902 kg of gold, up by 15% YoY. In particular, ore gold output totaled 5662 kg, and alluvial gold – 129 kg. 6 companies provided for the most output. Polyus Verninskoye mined 2923.6 kg of gold, Vysochaishiy – 1813 kg, Ugakhan – 649 kg, Lenzoloto – 451 kg, Vitim –…
DetailsSeverstal has supplied around 40 thousand tons of various rolled metal for the construction of all the 12 stadiums, which will host the FIFA World Cup. When constructing the arenas, Severstal’s sheets and rebars were used. Metal was supplied both from the manufacturing site in the city of Cherepovets and from Severstal Bar Works Balakovo.…
DetailsStalTrans, a subsidiary of the Russian railway operator Freight One, has signed a 467.771-million ruble agreement to buy rail wheels from Interpipe-M, a unit of Ukraine’s Interpipe, Freight One said in a statement. Interpipe-M is to supply the rail wheels by July. Freight One also said that it planned to buy rail wheels from StalTrans…
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