Kazakhstan’s companies specializing in geological exploration are ready to work in Uzbekistan, the general director of the Kazakh-Australian company “Aurora Minerals Group” Kaisar Kozhamuratov said at the 10th international conference “Uzgeoinvest-2017”. “Uzbekistan has always been interesting for us from the point of view of geological exploration, since there are a lot of large deposits here.…
DetailsEgypt will maintain tariffs on steel rebar from China, Turkey, and Ukraine for a period of five years, the trade ministry said, extending the temporary tariff imposed earlier this year. The tariff was first implemented in June to protect local manufacturers and set at 17% for Chinese steel, 10-19% for Turkish steel, and 15-27% for…
DetailsResidents of Min-Kush village (Naryn region) held protest against the development of open-pit coalmines. According to them, in the last two days, the inhabitants of Ming-Kush had to block the way to mines in order to attract the attention of officials. As the protesters noted, they believed that coalmining caused irreparable harm to the environment.…
DetailsPresident of Kazakhstan, Nursultan Nazarbayev ordered to launch the plant for the production of metal structures of “Psi Stroy Industriya” LLP in Almaty region. “We ask you to give a start to the production of high-quality metal structures with a capacity of 18,000 tons per year. We are about to complete the construction of a…
DetailsNorilsk Nickel intends to have received the first gold-containing concentrate at its Bystrinsky Mining and Processing Works in late 2017. The operation of the second grinding line began on November 16 and would be finished not later than on December 10. “The construction of the processing factory has been completed in the record-short time. Now…
DetailsSusumanzoloto Mining and Processing Works has acquired 2 companies – Sever LLC in the Republic of Sakha (Yakutia) and Novy Put LLC in Magadan region. The deals were finalized in late November. Both companies specialize in alluvial gold extracting. Sever LLC licensed sites reserves are estimated at 4.5 tons of gold. This year the company…
DetailsIzhstal has started manufacturing stainless steel with nitrogen alloying on secondary metallurgy units (external steel treatment). This technique improves steel plasticity and manufacture efficiency due to the decrease of alloying elements and azoted ferroalloys. Such metal products are used in shipbuilding, automobile, oil and gas and other industries. The company can also continuously cast over…
DetailsThe authorities of the city of Volgograd have announced that they are preparing for the decrease of jobs at the Krasniy Octyabr Iron and Steel Works. Since February 2018 some 177 employees will be fired. Of them 11 are engineer-technicians, and 166 electrical engineers and gas and arc welders. (Ukrainian metal)
DetailsEnergomashspetsstal has produced and shipped the low-pressure turbine rotor to Bharat Heavy Electrical Limited. The product weighing 66.09 tons has been produced under the contract concluded in May. In November the rotor was successfully shipped to the customer. The rotor is being transported via railroad and by sea. (Ukrainian metal)
DetailsUralskaya Kuznitsa continues increasing output. In November the company manufactured over 9.7 thousand tons of products, having exceeded manufacturing results for the last 15 years. The works is a leading Russian manufacturer of drop stampings weighing up to 2.5 tons and 4 meters long. The company also produces weldless rings with the diameter of 4…
DetailsEvraz NTMK has obtained the license of the Association of American Railroads to supply N-36 wheels for cargo cars to North America. After 100 thousand miles the wheels will be additionally checked. N-36 wheels have been tested at the largest US BNSF Railway and faultlessly rolled for over 300 thousand miles. After that they have…
DetailsIn January-September Ferrexpo paid 913.6 million UAH of taxes, up by 43.4% YoY. In particular, Poltava Mining And Processing Works paid 693 million UAH of taxes, Yeristovo GOK – 216.3 million UAH and Belanovsky GOK – over 4.3 million UAH. PGOK paid 122 million UAH to the local budget, 101 million UAH to the regional…
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