TALCO Gold plans to construct a precious metals extracting and processing works in the north of Tajikistan. Construction is expected to have been completed by the end of 2019. Around 1 thousand jobs will be created. TALCOo Gold is a part of Talco. The latter received the gold deposits on the territory of Aynin district…Details
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Sinarsky Pipe Works has for the first time produced pipes with the Q135 and Q125 strength and additional requirements to cold-resistance. In full accordance with the customer’s requirements the company has produced pipes, which can be used at the temperature of -60 degrees C. The pipes will be used in oil and gas condensate deposits…Details
Even though aluminum consumption per capita is lower in Russia, than in EU, in 2017 Russia claimed the first place in aluminum consumption growth (by 10%) as a whole and primary aluminum (by 11%) in particular. The main drivers of consumption growth are construction, car manufacture, and machine-building. Combined they will soon account for 80%…Details
During the St. Petersburg International Economic Forum, ChtPZ Group and SAP CIS have concluded a memorandum of cooperation in digital transformation. According to the document, in 2018-2025 ChTPZ plans to unify and increase efficiency of its business processes with the help of a unified system on the basis of SAP S/4HANA. “Digital transformation is a…Details
In January-March Mechel produced 1.055 million tons of steel, down by 6% YoY. Pig iron output also dropped by 6%. “We’ve focused on the manufacture of sections and mastering new sizes of beams. Because of the stable demand for these products, we have increased their output by 17%. We now produce some 20 types of…Details
In June Ukraine intends to produce 1.8 million tons of steel. According to Ukrmetallurgprom, pig iron output will total 1.8 million tons, and rolled metal – 1.6 million tons. For May Ukrmetallurgprom forecast the same output figures. In April Ukraine produced 1.65 million tons of pig iron, down by 2% MoM, 1.72 million tons of…Details
In April Ukrainian by-product coke enterprises received 1.12 million tons of coking coals, down by 18% MoM. In particular, Ukraine-produced coal deliveries totaled 0.24 million tons, down by 4%, and imported – 0.88 million tons, down by 21%. In January-April by-product coke plants received 4.74 million tons of coal, down by 1% YoY, including 1.02…Details
In April Ukrainian metal companies received 2.77 million tons of iron ore raw materials, up by 8% MoM. In January-April metal companies received 10.63 million tons of iron ore raw materials, up by 27% YoY, including 10.6 million tons of Ukrainian materials (up by 28%) and 25 thousand tons of imported (up by 32%). Exports…Details
In January-April Severniy Mining and Processing Works produced 2.917 million tons of pellets, up by 40% YoY. According to the company statement, concentrate output grew by 5.2%, to 3.835 million tons. In April the works produced 820 thousand tons of pellets and 1.002 million tons of concentrate. (Ukrainian metal)Details
In January-March Nord Gold SE produced 225.1 thousand ounces of gold, down by 6% YoY and by 10% QoQ. Revenue grew by 2% YoY, to $300 million, mostly because of the increase of the gold sale price. At the same time revenue dropped by 6% QoQ. EBITDA was $126 million, down by 4% YoY and…Details
Electrozinc is preparing to commission a new absorber, the final part of the sulfur acid shop reconstruction. The machine will be connected to the technological line during the scheduled repair in September. The new machine will let the company reach sulfuric anhydride absorption and gas purification level of 99.99%. The height of the absorber is…Details
Tulachermet-Stal is carrying out cold tests and preparing for the hot tests of its rolling machinery. The company will be the first new integrated bar-rolling manufacture in modern Russia on the basis of a highly efficient converter technology. Tulachermet-Stal will create some 1700 jobs. The commissioning of the enterprise is scheduled for H2. The capacity…Details
DCH, which bought Dneprovsky Iron and Steel Works from Evraz in March, intends to construct a new shop of continuous casting with a high-speed 5-slit rolling machine, two external treatment machines, a ladle-furnace and other machinery. The capacity of the continuous casting machine will be 155 tons per hour. The new shop will provide for…Details