ArcelorMittal Tubular Products Aktau is finishing constructing a unique shop. The new ship to assemble pipes in dual sections is a joint venture of AMTPA and KazTurboRemont. The commissioning of the new shop will create some 150 jobs. The shop will weld pipes into dual 24-meter sections. Its capacity will be 300 km of pipe…
DetailsIn January-September Tajikistan mined 1384 thousand tons of coal, up by 21 thousand tons from the whole 2016 yield. “This is the highest result in the history of the republic”, the Ministry of industry and new technologies reported. The high results have been secured by Fon-Yagnob (617 thousand tons), Talco-Resource (286 thousand tons) and the…
DetailsIn 2021 Azerbaijan intends to obtain 5987.9 kg of gold, up from 5312.2 kg in 2017. Thus, in 2018-2021 gold output will increase by 12.6%. In particular, in 2018 gold output is expected to reach 5471.5 kg, in 2019 – 5635.7 kg, and in 2020 – 5804.7 kg. Iron ore concentrate manufacture will also grow:…
DetailsNeryungri-Metallik, a part of Nordgold, has laid the foundation for the gold-extracting factory at the Gross mine. The largest Nordgold project in Russia will be commissioned in mid-2018. The development of Gross began in Q4 2015. The mine is expected to yield some 12 million tons of ore and produce around 7 tons of gold…
DetailsStoylensky Mining and Processing Works has purchased 3 new 136-ton BelAZ dump trucks for the transportation of rock in the quarry. With these new trucks the company fleet now consists of 35 machines, enough for operation in 2018. The truck body is strengthened from inside with Quard steel sheets. Such a protection increases the body…
DetailsThe city of Izhevsk entrepreneur Alexei Isupov and the Industrial and investment complex Vector (Crimea, annexed by Russia) have signed an agreement to create the Izhevsk foundry works Vector. The new company will process aluminum for Crimea. Investments will total 70 million rubles. 50 jobs will be created. The Izhevsk party will prepare the manufacturing…
DetailsIn January-September KAZ Minerals produced 193.3 thousand tons of raw copper (98.6 thousand tons in 9 months of 2016). In Q3 copper output increased by 14 QoQ, to 75 thousand tons, mostly because of the production growth at Aktagan. The annual copper output target was thus increased from 235-260 thousand tons to 250-270 thousand tons.…
DetailsAvdiivka Coke and Chemical Works has begun the capital repair of the sulfur acid mill in the desulfurization shop No. 2. According to the company statement, this will make the manufacturing process environmentally cleaner and allow increasing product quality and output. Investments in the reconstruction will amount to 31 million UAH. The Haldor Topose machine…
DetailsThe Ministry of Trade of the USA has published the first results of its antidumping investigation into the imports of carbon and alloyed steel wire rod originating from Ukraine, UK, Italy, Spain, Turkey, South Korea and South Africa. In particular, the investigation confirmed the sale of wire rod at lower prices and the size of…
DetailsUralelectromed increased copper powder wares with silver coating by 15% YoY in January-September. By the end of the year the company intends to have produced 70 tons of such powders. According to the marketing department director Andrei Senkov, output increase is the result of the favorable local market situation (as the company mostly sells locally)…
DetailsEvraz ZSMK has finished reconstructing its electric arc furnace. Investments totaled 300 million rubles. The reconstruction will decrease manufacturing expenses, while improving productivity. Time to produce steel will also decrease, and the output will go up by 100 thousand tons, to 931 thousand tons per year. (Ukrainian metal)
DetailsMMK has smelted the 800-millionth ton of steel, a record hit for all the country. The first steel was smelted on July 8, 1933 with the commissioning of the first open-hearth furnace. In 1936 the construction of the open-hearth shop with 12 furnaces weighing 150 tons each was completed. By the end of 1980-s MMK…
DetailsIn January-August Ferrexpo exported 6.541 million tons of iron ore pellets. In particular, Poltava GOK exported 5.239 million tons of pellets. At the same time Karelsky Okatysh exported 3.388 million tons of pellets, Mikhailovsky GOK – 2.342 million tons, Lebedinsky GOK (all three – Russia) – 1.54 million tons, and SevGOK – 1.597 million tons.…
DetailsThe net profit of Chelyabinsk Zinc Works, Russia’s largest zinc producer, increased by 24.4% YoY, to 3.854 billion rubles under Russian Accounting Standards (RAS) in January- September, it said in a statement on October 26. Revenue rose by 29.5%, to 21.538 billion rubles, gross profit grew by 16%, to 6.053 billion rubles; income from sales…
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