Until 2024 thanks to prospecting works Seligdar intends to increase its ore gold reserves by 100 tons. This year the increase is expected to reach 26 tons. As of January 1, the company balance reserves amounted to 115 tons of gold, up from 106 tons as of January 1, 2018. Seligdar comprises 13 enterprises in…Details
This year Uralelectromed intends to produce some 400 thousand tons of cathode copper, on par with the previous year. Copper wire rod manufacture is also expected to remain unchanged – 170 thousand tons. Copper consumption is growing, so the company is carrying out investment projects to increase capacities. In particular, at present UEM is constructing…Details
Trubodetal has successfully passed the audit of its quality management system, environment and labor safety. The specialists of the TUV NORD CERT have noted the positive aspects of the plant operation in 2018: the mastering of new products and new markets, high level of personnel specialization, decrease of environment impact, etc. The quality management system…Details
In January-April Russia exported 14.319 million tons of ferrous metals, down by 6.1% YoY. According to the Federal Customs Service, without pig iron, ferroalloys, waste and scrap the exports totaled 9.572 million tons, down by 6.1%. Semi-finished carbon steel products accounted for 5.294 million tons, down by 2.5%. The export of flat carbon rolled steel…Details
In May 845 thousand tons of coke was delivered to Ukrainian metal companies, up by 4% MoM. In particular, Ukrainian coke reached 779 thousand tons, up by 4%, and imported – 66 thousand tons, up by 3%. In 5 months Ukrainian metal makers received 4.03 million tons of coke, down by 1% YoY. Deliveries of…Details
In January-May Ukraine decreased bulk 6% moisture coke manufacture by 2% YoY, to 4.42 million tons. In May delivery of coking coal to by-product coke plants dropped by 1% MoM, to 1.29 million tons, with local coals up by 27%, to 230 thousand tons, but imported down by 6%, to 1.06 million tons. In 5…Details
In May Ukraine exported 3.67 million tons of iron ore raw materials, up by 10% MoM. In January-May exports grew by 12% YoY, to 17.26 million tons. At the same time deliveries to local metal companies in May dropped by 13% MoM, to 2.3 million tons, and by 7% YoY, to 12.1 million tons in…Details
The mines of the state enterprise Lvivugol, the employees of which announced a strike earlier in the month, have partially resumed their work. Late on June 14, Lvivugol received the first 30 million UAH. Another 80 million are expected today for the coal sold. All the money will be spent to pay salary. At the…Details
A new batch of rolls has been shipped by Energomashspetsstal to its long-time customer in the city of Mariupol. The contract to supply equipment with Mariupol Ilyich Iron and Steel Works was concluded in November 2018. 9 rolls with the combined weight of 250 tons have been shipped, including a bulk roll weighing 120 tons…Details
In January-April Kazakhstan mined 1.3 million tons of aluminum ores, down by 22% YoY. Raw aluminum manufacture dropped by 9%, to 528.7 thousand tons. Pavlodar region accounted for 99% of the output, as the Kazakhstan Electrolysis Plant is situated there. In Q1, raw aluminum exports decreased by 31.2%, to 212.7 thousand tons, while sales on…Details
Since the start of the alluvial gold extraction season, Maristy LLC, operating in Amur region, has obtained 88 kg of gold, up 1.9-fold YoY. As of June 1, 2018, the yield was 47.4 kg. The company has been increasing gold output. Thus, while in 2016 it extracted 411.3 kg of gold, last year the result…Details
As of June 1, Magadan region has yielded 12793 kg of gold and 276.1 tons of silver. Gold output grew by 4429.8 kg YoY, while silver dropped by 21.7 tons. Tenkinskiy city district was the leader in ore gold output (7892.3 kg). Alluvial gold extraction totaled 1622.7 kg with Yagodinsky city district contributing the most…Details
5 new auctions to sell scrap, organized by Ukrzaliznytsia in the ProZorro system, have been announced not taken place.
In particular, no offer came for the lots auctioned on June 3.
The auctions had to take place on June 18. (Ukrainian metal)
The President representative in the Cabinet of Ministers Andrei Gerus stated that the issue of clearing salary debts to Lvivugol state enterprise had almost been settled. “Today Lvivugol will receive money for fuel, and tomorrow all the debts for February-April will be cleared”, he declared. According to him, the situation at the Volynugol is also…Details
Gold production on Russia’s Chukotka peninsula rose by 4.4 tons YoY, to 12.8 tons as of June 18, the regional government said in a statement. The Tenkinsky district of the region was the leader with 7.9 tons, the Severo-Evensky produced about 1.2 tons, and the Srednekansky 1.1 tons. Alluvial gold output started in May. The…Details
In January-May Ukraine increased metal cargo transportation via the Dnepr River by 39.4% YoY, to 441.5 thousand tons.
In May, 210.4 thousand tons were transported, almost as much as during January-April.
Last year metal companies transported 1.29 million tons of cargo via the Dnepr River, up by 6.7% YoY. (Ukrainian metal)
In January-May Ukraine decreased ferrous metals exports via its seaports by 3.7% YoY, to 6.6 million tons. According to the Ukrainian Administration of Sea Ports, pig iron exports dropped by 30.1%, to 934.7 thousand tons, rolled metal – by 1.8%, to 4 million tons, and scrap – by 24.9%, to 24 thousand tons. At the…Details
In May Kazakhstan produced 0.407 million tons of steel, down by 0.2% YoY. According to the Ministry of the National Economy, in January-May steel output dropped by 0.2%, to 1.931 million tons. Flat rolled metal manufacture went down by 10.1%, to 0.234 million tons, with 5 months results down by 34.4%, to 0.836 million tons.…Details
Magnitogorsk Iron and Steel Works (“MMK”), one of the largest steel suppliers in Russia rated Baa2 (Moody’s) / BBB (Fitch) / BBB- (S&P), returned to the international market after more than 15 years with a successful placement of 5-year $500-million Eurobonds with an annual coupon rate of 4.375% payable semi-annually. The proceeds of the issue…Details
NLMK Group, a global steel company, and venture capital firm Fort Ross Ventures, a partner of Sberbank, have penned an agreement to cooperate to support innovations. Under the agreement, Fort Ross Ventures will provide NLMK Group with information on projects related to the Internet of Things, artificial intelligence technologies, cyber-security, cloud technologies, etc., that will…Details
During the visit to the PJSC “Mariupol Ilyich Iron and Steel Works”, President of Ukraine Volodymyr Zelensky took part in the ceremony of signing the investment contract between Metinvest Holding and Air Liquide on the construction of the air-distributing complex. The ceremony was attended by Ambassador Extraordinary and Plenipotentiary of France to Ukraine Isabelle Dumont,…Details
Members of the Committee on Agrarian Policy, Water Resources, Ecology and Regional Development of the Parliament of Kyrgyzstan adopted in first reading a bill banning uranium mining in Kyrgyzstan. The document was initiated by Altynbek Sulaimanov, Almambet Shykmamatov, Kanat Kerezbekov, Myktybek Abdyldaev, Baktybek Turusbekov, Dastan Bekeshev and Altynbek Zhunus uulu. “Over the years of development…Details
A miner was killed in an internal collapse of the rock at the Tsentralna coalmine of the state-owned enterprise Toretskvuhillia located near the town of Toretsk in Donetsk region, according to the State Emergency Service of Ukraine. “There were two miners on the emergency site, one miner escaped on his own. On June 15 at…Details
A large copper ores quarry will be created near the Salavat-sovkhoz settlement in Bashkortostan. Aleksandrinskaya Mining Company has won a right to develop the deposit for 59.6 million rubles. The local environmentalists have asked the authorities to ban the development, as there is a Yakty-kul resort nearby. But the authorities claim that the company will…Details