The city of Yakutsk has held 4 auctions for the sale of alluvial gold sites. The most expensive lot was the site at the Chuguun brook and tributaries. The initial price during the sale increased 108-fold. Thus, Poisk Zoloto has to pay 153.45 million rubles. The Artyk site was purchased by Vostok LLC for 2.107…Details
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In October ZEMZ started producing slabs of 12X18H10T steel with the size of 150×680 and 150×700 mm for the Krasniy Oktyabr Iron and Steel Works. This is the first time that ZEMZ produces slabs of such a width. The slabs have been manufactured at the 1150-mill of the rolling shop No. 1. (Ukrainian metal)Details
The Profil-Akras pipe works has presented the results of October. In particular, pipe output totaled 12 thousand tons. Sales reached 13.6 thousand tons, with 3.9 thousand tons exported. (Ukrainian metal)Details
In January-September Metalloinvest received $1.089 billion of net profit, up by 53.8% YoY. Revenue totaled $4.556 billion, up by 52.4% YoY. EBITDA grew by 80.8%, to $1.544 billion, with metallurgical segment of the company EBITDA up by 39.8%, to $267 million. (Ukrainian metal)Details
In January-October DTEK Energo purchased 595 thousand tons of coal from the state mines of the Lviv-Volyn basin, up by 9.8% YoY. According to the company press-service, in October purchases increased by 42% YoY, to 74 thousand tons. The increase has to do with the growth of loading of thermal power plants working on Ukrainian…Details
The National commission of state regulation in the sphere of energy and utility services says in 2018 Ukraine will have to import 4.4 million tons of power-generating coal. According to the Ministry of energy and coal industry, the need to import 4.4 million tons of coal in 2018 corresponds to the 16.4% coal shortage in…Details
Kazakh manufacturers have great and unrealized potential of participation in major construction projects. “For example, ArcelorMittal Temirtau produces some 400 thousand tons of rebars per year that could be used in construction. At the same time we import over 340 thousand tons of rebars. Local rebars could be used in the project of the light…Details
The state enterprise Lvivugol has ordered Zakhidprom Trade LLC the delivery of self-rescuers valued at 25.5 million UAH. According to the agreement the company has to supply 679 self-rescuers produced by Dezega (Turkey). The price of self-rescuers is 9449.92 UAH apiece. Lvivugol bought 421 self-rescuers at the same price in August. (Ukrainian metal)Details
The state enterprise Toretskugol has ordered Leader Promsnab LLC the delivery of 109 tons of metal pipes valued at 5.31 million UAH. Among others the enterprise has ordered pipes with 110 mm outer diameter, as well as with 219, 273 and 325 inner diameter and 5 mm of wall thickness. There are no such pipes…Details
In October Ukraine mined 2 million tons of coal, down by 25.9% YoY. According to the State Statistics Service, this does not take into account the temporarily occupied territory of Crimea and the Antiterrorist operation zone. October output increased by 4.3% MoM. In January-October Ukraine mined 20.2 million tons of coal, down by 16.4% YoY.…Details
In September, according to the customs statistics, exports of Russian unalloyed semi-finished products totaled 1.04 million tons, down by 4.2% MoM and by 11.8% YoY. In August the results were up by 1.1% MoM, but down by 6.4% YoY, while in July down by 1.8% MoM and by 7.7% YoY. In January-September Russia exported 10.3…Details
Technogroup has been chosen as the supplier of electric machinery of the converter gas heater for Cherepovets Iron and Steel Works converter No. 1. Under the contract the company will supply the technological equipment manufactured by WEG: the 5000 kW engine, 6 MVA phase-shifting transformer and the frequency converter. The delivery is scheduled for Q2…Details
The Baykaimskaya mine has started work on the new long face – No. 6. Coal is mined with the help of Tiandi complex, which has shown positive results while operating at the long face No. 5. The machinery valued at 2.7 billion rubles was commissioned in August 2016. Since then the miners have yielded 2.2…Details