Metinvest has implemented a project to increase the permissible size of ships calling at the Italian Porto Nagaro. The first vessel of 15,000 deadweight tons with metal products from Mariupol arrived at the port on November 29. Metinvest Group in cooperation with its Italian partner Fratelli Cosulich Company has developed a project to increase the…Details
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In January-November Ukraine imported 17.376 million tons of coal valued at $2431.05 million. According to the State Fiscal Service, Russia supplied $1370.08 million worth of coal (56.36%), USA – $603.79 million (24.84%), Canada – $149.86 million (6.16%), and other countries – $307.3 million (12.64%). At the same time Ukraine exported some $54.828 million worth of…Details
NLMK-Kaluga electrometallurgical works of the new generation has produced the 5-millionth ton of steel. The works was commissioned in 2013. In half a year it has reached its maximum output capacities and has been keeping the high level irrespective of the market situation ever since. “We use high quality steel to produce some 20 types…Details
Vostsibugol has started industrial development of Nygdinskaya site and intends to mine some 60 thousand tons of coal in December. The coal mined will be processed at the Kasyanovskaya factory or sent directly to local consumers. Vostsibugol won the auction to develop the site in 2013, having paid 2.85 million rubles. (Ukrainian metal)Details
In January-November the Chukotka Autonomous District obtained 23.646 tons of gold, down by 12% YoY. Silver output dropped by 19%, to 121.5 tons. In particular, ore gold manufacture decreased by 14%, to 21.318 tons. Alluvial gold companies increased output by 9% YoY, to 2.327 tons. This year 12 companies are extracting gold in the district.…Details
Karelsky Okatysh has commissioned a new warehouse. Its capacity is some 70 thousand tons of pellets. The main peculiarity of the new site is its machinery, which allows simultaneously storing pellets of various kinds. These are two conveyers, one of which brings products to the warehouse, while another returns them for loading. Their total length…Details
Beloretsk Iron and Steel Works has certified the surfacing wire of high-alloyed steel grades at the National Agency of Welding Control. The first batch of the certified wire will be sent to Blagoveschensk Rebars Works in January 2018. The tests have confirmed that the wire allows obtaining a qualitative and strong surface of machinery parts.…Details
The Federal Antimonopoly Service found out that in 2013-2015 Evraz set the profitability of 1058 mm wheel manufacture 4 times higher as that on the market. According to FAS, Evraz occupies the “dominating position on the Russian railroad wheels market” and has violated the law on competitiveness protection. In the past 5 years Evraz share…Details
As of December 4, Irkutsk region yielded 21.4 tons of gold, including 10.8 tons of alluvial gold and 10.6 tons of ore gold. 4 companies provided for the main yield – 17.3 tons, including Polyus Verninskoye (5.9 tons), Lenzoloto (4.5 tons), Vysochaishiy (3.9 tons) and Vitim (2.9 tons). Druza obtained over 900 kg of gold…Details
Three gold deposits were put up for auction, the State Committee of Industry, Energy and Subsoil Use reported. Kumbel gold deposit was discovered in 1936. Its reserves estimate has never been approved. The starting price is $9,120. The auction will be held on January 24, 2018. In addition, Issyk-Ata area with a starting price of…Details
Avdiivka Coke and Chemical Works is repairing furnaces. In May after 3 years of forced idleness the eighth battery resumed coke manufacture. But because of frequent halts and the temperature falls refractory lining at some furnaces has been destroyed. According to the company CEO Musa Magomedov, because of the military activities, the works had to…Details
The State committee on geology and mineral resources has this year attracted 4 foreign investors to prospect 10 gold deposits. The agreements have been signed with B2Gold (Canada), NordGold (UK), TUMAD (Turkey) and Shindong Resources (South Korea). Gold reserves on these deposits are not revealed, but investments in prospecting could total $8 million. The agreements…Details
In January-November Amursky Ugol mined 3.1 million tons of coal. Out of the total volume the Severo-Vostochny pit yielded 1.2 million tons, up by 12% YoY. Yerkovetsky pit miners obtained 1.9 million tons of coal. This year the company has supplied over 1 million tons of coal to utility and housing enterprises of the Amur…Details