Dneprovsky Iron and Steel Combine has stopped its blast furnace No. 12 for scheduled repairs. BF No. 1M and BF No. 9 are operating normally. They are fully provided with raw materials. The sinter shop No. 2 operates to supply sinter to the blast furnace shop. The converter shop is manufacturing square billets for rolling…
DetailsIn January-July Ukraine exported 188.039 thousand tons of ferrous scrap, down by 19.4% YoY, valued at $40.627 million, down by 0.9%. At the same time scrap imports increased by 0.2%, to 15.031 thousand tons, valued at $13.96 million, up 3.4-fold. The main suppliers of scrap were Turkey (87.44%), Moldova (5.8%) and Russia (3.07%), with Turkey…
DetailsTajikistan Aluminum Company is increasing primary aluminum output, the country main export product. According to the company representatives, the output increase is spurred by the world prices growth. “We have both resources and ability to increase output and reach the annual target by year-end”, TALCO information-analytical department director Igor Satarov said. This year the company…
DetailsLermontovsky Mining and Processing Works LLC is no longer threatened by bankruptcy. According to the company director Vladimir Kalinovsky, the issue with indebtedness to the Amur-EP LLC, which has filed a suit against LGOK, has been settled. Still, until September most of the employees will not be working. (Ukrainian metal)
DetailsIn January-June Russkiy Ugol enterprises mined 6.8 million tons of power-generating coal, up by 11% YoY and by 881 thousand tons from the target. Coal shipping in H1 totaled 6.5 million tons, up by 15% YoY. Krasnoyarskiy Krai was the leader in mining and shipping with output at 3.2 million tons, up by 23% YoY,…
DetailsIn January-June KAZ Minerals produced 118 thousand tons of copper, having more than doubled its H1 2016 result (56 thousand tons) The Bozshakol GOK produced 52 thousand tons of copper, up 5-fold YoY. Aktogay GOK produced 33 thousand tons of copper. Copper output at Vostokcement and Bozymchak GOK in Kyrgyzstan decreased by 19%, to 33…
DetailsLysva Iron and Steel Works has postponed the construction of the second cold-rolling shop for an indefinite period because of the absence of funds and the unfavorable economic situation in the country. “We started construction when the situation was favorable. But since 2014 we have been experiencing the lack of financing, the banks were not…
DetailsIn January-June ChTPZ Group received 72.566 billion rubles, up by 6% YoY. Gross profit decreased by 21%, to 17.297 billion rubles, EBITDA – 11.001 billion rubles. In H1 the group profits totaled 2.101 billion rubles (5.81 billion rubles in H1 2016). In January the group was able to refinance its consortium loan of 75.689 billion…
DetailsAccording to the Federal Agency on technical regulation and metrology (Rosstandart), the GOST R 52146-2003 “The cold-rolled sheet and cold-rolled dip-galvanized sheet with polymer coating from continuous lines. Technical conditions” has been terminated, and a new standard GOST 34180-2017 “Cold-rolled steel sheet and cold-rolled dip-galvanized sheet with polymer coating from continuous lines. Technical conditions” has…
DetailsAlmalyk Mining and Processing Works has started developing the Dalneye deposits. In April AGMK and RIVS (St. Petersburg, Russia) signed an agreement on cooperation to construct a copper-processing complex for $500 million. According to AGMK, the development of the deposits valued at $1.7 billion will provide for the mining of 23 million tons of ore…
DetailsOn August 16, Vostochniy Mining and Processing Works uranium miners went on a strike. The ore mining and salary payment were stopped three months ago because of the expiry of the license to use subsoil resources. The company received the license 20 years ago and now it has expired. But the State Service on geology…
DetailsWarehouses of the Central Mining and Processing Works are full of products, which cannot be shipped because of Ukrzaliznytsia. With the nominal capacity of warehouses at 70 thousand tons, they now stock 103 thousand tons, while pellets have to be stored in the fields. “We are way behind our obligations to our customers, mostly in…
DetailsIn July metal companies increased natural gas consumption by 4% YoY, to 130 million cubic meters. Average daily gas consumption totaled 4.2 million cubic meters. In 2016 daily average daily consumption totaled 4.8 million cubic meters, down from 5.5 million cubic meters in 2015. In January-July Ukrainian metal companies consumed 1 billion cubic meters of…
DetailsRussian state geological exploration company Rosgeo has initiated exploration of gold and copper at a 121 square kilometer Yumtulsky prospective area in Russia’s easternmost Khabarovsk region through its subsidiary Dalgeophizika. According to the company statement on August 16, it plans to finish the survey until the end of 2019. (Prime/Ukrainian metal)
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