Price of gold increased in Azerbaijan on October 11, while silver, platinum and palladium prices dropped, according to the data published by the Central Bank. The price of gold grew by 6.4685 manats, to 2,028.9245 manats per ounce on October 11 compared to the price on October 10. The price of silver decreased by 0.165…Details
Russia’s Voronezh-based “Rudgormash” company will have supplied gold mining equipment worth 1 billion rubles ($ 15.1 million) to Uzbekistan by the end of this year. “This year we are fulfilling a fairly large order for the supplies to the gold mining industry of Uzbekistan, in price terms this order costs more than 1 billion rubles.…Details
Ukraine increased imports of coal, including anthracite, by 20% YoY, to 15.64 million tons in January-September from 13.03 million tons a year ago, the State Customs Service reported. If measured by value, imports of coal increased by 15%, to $2.19 billion, compared with $1.9 billion in January-September 2017, S&P Global Platts wrote. Most of the…Details
In August world pig iron output grew by 4.08% YoY, to 106.654 thousand tons. According to the World Steel Association, China is leading with 66.655 million tons, up by 6.46%. Ukraine was able to preserve its 9th place with 1.72 million tons between US (2.16 million tons) and Taiwan (1.3 million tons). In September pig…Details
Uralelectromed is preparing the site for the construction of the third stage of the copper electrolysis shop. At present the contractors are assembling a wall to separate the site from the main shop. In September the foundation was prepared for the wall, and metal structures were assembled. Now they are covered with 250 panels. To…Details
The city of St. Petersburg has carried out a large-scale infrastructure project on construction of a third stage of the water pipelines. The cost of the project was 3.3 billion rubles. The pipes of the high quality pig iron produced by Svobodniy Sokol were used for the construction. Altogether 30 km of pipes have been…Details
Severstal has surveyed the dealers of its roofing brands and found out that 85% of them know of the new GOST on metal roof tiles to be in effect from March 2019, while 70% of the respondent have already studied the main requirements of the standard. The document has been developed by the National Roofing…Details
PJSC ArcelorMittal Kriviy Rih, the biggest mining and steelmaking company in Ukraine, has increased base salaries for all its employees as well as for the employees of its affiliated companies by 10% since October 1. Base salaries for some categories of employees of PJSC ArcelorMittal Kriviy Rih will become even higher as a result of…Details
Elena Gudimova was appointed to the position of Head of Quality Management at PJSC ArcelorMittal Kriviy Rih. She is the person who knows all nuances about new steel grades and types of products at the company, which are an integrant part of a valuable product line of PJSC ArcelorMittal Kriviy Rih. In the interview for…Details
The state bank Oschadbank has put on sale the property complex of the Ukrvtorchermet in Kiev.
The company is a major procurer, processor and exporter of ferrous scrap.
The complex is situated on three land plots with the size of over 8 ha.
The initial price of the complex is 175 million UAH. (Ukrainian metal)
In September Russia exported 133.3 thousand tons of ferrous scrap to Belarus via railroad.
According to the Russian Railways statistics, this is up by 4.7% YoY.
In January-September scrap exports grew by 6.3%, to 1.08 million tons. (Ukrainian metal)
In September direct deliveries of rolled steel and pipes to Russian enterprises manufacturing metal structures totaled 53 thousand tons.
According to the railroad statistics, this is down by 27% YoY.
In January-September deliveries reached 547.9 thousand tons, down by 12.3% YoY. (Ukrainian metal)
In January-September Elgaugol mined some 3.9 million tons of coal, up by 28% YoY.
The volume of the rock transported reached 8 million cubic meters, up by 12%.
1.9 million tons of coal were processed, up by 17%.
The sales totaled 2.7 million tons, up by 36.2%. (Ukrainian metal)
The department of the Russian Natural Surveillance Agency in Zabaikalye region has approved the state environmental expertise of the design documentation of the “Udokan Mining and Processing Works. First Stage” project. The first stage of construction envisages the manufacture of 12 million tons of ore per year. According to the expertise, Udokan fully meets all…Details
The processing factory of the Kola Iron and Steel Company is assembling a new spiral, double-section classifier. The classifier is used to divide ore in water according to size and density. The crushed ore is transferred to the classifier tank from the ball mill. The advantage of the new classifier is that its tank is…Details
Until the end of the year Electrozinc will liquidate its non-operating lead manufacture.
A part of the freed space will be used to construct a new electrolysis shop.
Investments in the project will exceed 100 million rubles.
The sinter department of the lead manufacture, operating since 1963, was shut down in 2012. (Ukrainian metal)
Zagorsky Pipe Works has finished the re-certification procedure according to EN 10219-1.
The certificate confirms the company right to supply its pipes to the countries working with the European system of pipe certification.
The certificate is valid until October 2019.
ZTZ received its first EN 10219-1 certificate in 2016. (Ukrainian metal)
Yakutugol has finished delivering coal from its Djebariki-Khaya pit due to the wrap up of the summer navigation season.
In May-October the company shipped 307 thousand tons of coal.
The shipping plan has been exceeded by 2%.
Coal has been shipped by Yakutia rivers to 14 northern and central settlements. (Ukrainian metal)
Prices of gold, silver and palladium decreased in Azerbaijan on October 10, according to the data published by the Central Bank. The price of gold dropped by 2.805 manats, to 2,022.456 manats per ounce on October 10 compared to the price on October 9. The price of silver fell by 0.0504 manats, to 24.4568 manats…Details
The Ministry of Finance and the State Committee of Uzbekistan on Privatization, Demonopolization and Development of Competition left the Almalyk Mining and Metallurgical Combine with full net profit for 2017. Last year the combine earned 124 billion soums of net profit. Of this money, 88.2% (state share) – 109.4 billion soums – were decided to…Details
Tajikistan needs some $500 thousand to complete the prospecting works at the Kurgovad deposit. The deposit has large resources of alumina, the main raw material for the manufacture of aluminum. The project aims among other thing at “solving current economic and social issues of development of Tajikistan, mastering the manufacture of competitive products to replace…Details
Ural Mining and Metallurgical Company has attracted a debut syndicated loan of EUR 100 million. The loan has been provided by a pool of European banks: Raiffaisen Bank International AG, Raiffaisenbank, Rosbank and Societe Generale. The 3-year loan is structured as a classical re-export financing secured by the future supplies of copper and other export…Details
SSM-Tyazhmash has produced a steel ladle, a loading chute and a platform to transport chutes for Cherepovets Iron and Steel Works. The chute has the volume of 100 cubic meters and weighs 78.3 tons, while the platform has the length of 15.1 meters, the lifting capacity of 189 tons and weighs 51 tons itself. By…Details
U.K.-based mining giant Evraz, which operates mainly in Russia, has started a $60-million expansion of a rail wheel production at its subsidiary Evraz Nizhny Tagil Metallurgical Plant (Evraz NTMK) by 78,000 units per year, Evraz said in a statement. The company plans to launch two fully automated lines for full section manufacturing of rail wheels…Details