Kazakhstan and South Korea intend to further develop cooperation in geological sphere. Chairman of the Board of the Kazgeology JSC Galym Nurzhanov and South Korean Ambassador to Kazakhstan Kim Dae-sik discussed cooperation in the field of geological exploration, the press service of the Kazakh Ministry of Investment and Development reported on January 19. At present,…Details
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The new ambassador of Nigeria to Armenia Ibrahim Khamzat said his country was interested in developing and deepening relations with Armenia, especially in economic sphere. In particular, he noted interest in developing cooperation in the mining sphere. According to the ambassador, Armenia has a considerable experience in this industry. (Ukrainian metal)Details
In 2017 Interpipe Steel produced 855 thousand tons of steel, up by 39% YoY. In December 2017 steel output dropped to 76 thousand tons from 78 thousand tons in November 2017. In 2016 the company increased steel output by 2% YoY, to 614 thousand tons. Interpipe Steel is the first iron and steel works built…Details
Kamensk-Uralsky Non-Ferrous Metals Processing Works produced 23.6 thousand tons of metal in 2017, up by 17% YoY. Non-ferrous rolled metals output increased by 14%, to 20.5 thousand tons. Non-ferrous rolled metal accounts for 87% of the total output, with powder (3.1 thousand tons) – 13%. As to the various kinds of non-ferrous metals, rolled copper…Details
Trading house MMK LLC has opened its first subsidiary on the Far East – in the city of Vladivostok. The company warehouse is situated in the town of Artem. It has all the necessary crane machinery and can store up to 20 thousand tons of metal. The site offers all the MMK metal products: hot-…Details
OMZ-Spetsstal has put in operation a modernized turntable for the hydraulic press of open forging. The table is used to produce disk forgings with the diameter of up to 2200 mm and the ultra-low height of 150 mm. The unique structure of the turntable allows producing forgings weighing up to 10 tons. OMZ-Spetsstal expects that…Details
Russian oil and gas pipe producer TMK increased pipe sales by 10.6%, to 3.806 million tons in 2017, the company said in a statement. “The year was favorable for TMK, as the company raised sales by more than 10%. OCTG pipes were in especially high demand on our major markets, in Russia and in the…Details
The Central Mining and Processing Works has finished the project to modernize the mining machinery lighting system at the Gleevatsky, Petrovsky and Artemovsky quarries. Investments totaled 2.8 million UAH. Excavators and drilling mills have been equipped with 250 energy-saving LED-lamps. The equipment has been specifically prepared for the mining operations: they are impact-resistant, vibration-resistant and…Details
A new large deposit of gold ore has been discovered in the Rakhov district of Zakarpatye region. According to estimates, the reserves are 2.4 tons of gold. The only operating gold deposit in Ukraine is the Muzhievskoye. It has 55 tons of gold, and 1 million tons of zinc and lead, valued at around $3.8…Details
In 2017 Tajikistan exported 103 thousand tons of aluminum valued at $203 million. According to the Customs service, the average world price last year was $1970 per ton. In 2016 Tajikistan exported 132 thousand tons of aluminum at $1590 per ton, for the total value of $210 million, In January-October 2017 TALCO decreased output by…Details
In 2017 Amur Ugol mined 3.4 million tons of coal, having exceeded their manufacturing plan by 3%. The Severo-Vostochny pit, one of the oldest in the Far East, increased output by 10% YoY, to 1.4 million tons. It was put in operation in 1932. Over 2 million tons were mined at the relatively young Yerkovetsky…Details
Volzhsky Pipe Works hosted a meeting with the representatives of the local authorities. The deputy governor, chairman of the industry and trade committee of the Volgograd region Roman Bekov noted the positive experience of pipe makers who occupied leading positions in exports not only in the region, but in the country as well. The works…Details
In December 2017 scrap procuring companies procured 357 thousand tons of scrap, up by 12% MoM, of which 305 thousand tons were supplied to the metal companies, up by 13%, and 52 thousand tons exported, up by 8%. The scrap provision rate was 104%. In 2017 out of 3.79 million tons of scrap procured, up…Details