The investment program of Olenegorsk Mining and Processing Works for 2018 will exceed 1 billion rubles, on the level of 3 previous years. According to the company statement, some 290 million rubles will be used to buy two new dump trucks and the front-end loader for the mining division. 114 million rubles will be spent…Details
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An oil transformer with cables caught fire on the territory of the Zaporozhye Ferro Alloys Plant. Some 28 firefighters and 7 units of special machinery were engaged in extinguishing the fire. The fire appeared on the area of 25 square meters. The reason of the fire is unknown as yet. (Ukrainian metal)Details
In January Ukraine exported 654.597 thousand tons of carbon steel semi-finished products, up by 11% YoY, valued at $289.516 million, up by 38.5%. According to the State Fiscal Service, Italy (30.37%), Turkey (24.71%) and Egypt (15.08%) were the main customers. Imports reached 1.997 thousand tons, up 6.2-fold YoY, valued at $1.151 million, up 7-fold. The…Details
In January Chukotka Autonomous District mined 1.755 tons of ore gold, down by 7.3% YoY. 5 companies mine for ore gold in the district: 2 of Kinross Gold, Mayskoye LLC, Rudnik Karalveyem and Rudnik Valunisty LLC. Alluvial gold season has not started yet – it is expected to commence in April-May. Silver output dropped us…Details
In 2017 Severstal Distribution increased sales by 13% YoY, to 1.75 million tons. The distribution network sold 16% of all steel produced by Severstal Russian Steel last year. Revenue exceeded $1 billion. Sales in Russia demonstrated the largest growth – by 18% YoY, to 890 thousand tons, with revenue preliminary at $515 million. Sales to…Details
Chelyabinsk Iron and Steel Works has finished a large-scale overhaul of the gas-purifying equipment in the oxygen-converter shop. The repair will improve the level of environment safety. The shop operates 3 converters and an arc furnace, which jointly produce over 3.9 million tons of steel per year, as well as 4 continuous casting machines with…Details
In 2018 Kuzbassrazrezugol intends to increase coal mining by 2.81% YoY, to 47.6 million tons. The company also plans to increase its exports share to 80%. Investments will remain on the level of 15 billion rubles. Last year Kuzbassrazrezugol increased coal output by 4.5% YoY, to 46.3 million tons, including 6.2 million tons of coking…Details
Magnitogorsk Iron and Steel Works (MMK) has been one of the winners at the Russian Business Leaders: Dynamics and Responsibility competition, which is held every year by the Russian Union of Industrialists and Entrepreneurs (RSPP). The company secured a victory in the category “Development of Human Resources”. The awards ceremony took place in Moscow on…Details
The prices of enterprises manufacturing industrial products, as well as providing production services, increased by 1.4% in Kazakhstan in January 2018 compared to December 2017, the Statistics Committee of the National Economy Ministry of Kazakhstan said in a message. During the reporting period, prices for coal went up by 6%, and metal ore – by…Details
In 2018 Beringpromugol LLC intends to mine 600 thousand tons of coal at the Fandyushkinskoye field, up 2.4-fold YoY (250 thousand tons). Last year 165 thousand tons of coal were exported to Japan, Taiwan and China. By June the company plans to have completed all the construction works at the Beringovsky port. From 2019 the…Details
In January Ukraine decreased pig iron exports by 3.1% YoY, to 233.616 thousand tons, valued at $76.041 million, up by 11.1%. According to the State Fiscal Service, Ukraine mostly exported to USA (54.51%), Italy (16.47%) and Turkey (14.57%). Last month Ukraine imported 50 thousand tons of pig iron valued at $35 thousand as opposed to…Details
Energomashspetsstal has shipped another batch of machinery to ISD Dunaferr under the contract signed in 2017. According to EMSS, 2 slag ladles with the volume of 11 cubic meters and 2 supporting rolls weighing 26.8 tons each have been shipped to the customer. The total weight of the batch is 86.3 tons. In January the…Details
Avdiivka Coke and Chemical Works has received a new tar separator. The machine removes resinous substances from the water that cools coking gas. At the moment the company is laying the foundation for the machine and purchasing metal structures. The commissioning of the tar separator is scheduled for summer. (Ukrainian metal)Details