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Korshunovsky Mining and Processing Works has started supplying iron ore concentrate to the Elgaugol LLC Elga factory. So far the first batch of 190 tons has been shipped. By the end of the year KGOK will have supplied some 1140 tons of concentrate. In 2018 the Elga factory will be receiving 190 tons of concentrate…
DetailsThe Zeyskaya Taiga LLC, which extracts alluvial gold in Amur region, has so far obtained 80 kg of gold, up from its target of 65 kg. According to the company statement, the season is expected to be completed in early October. In 2014 the company yielded 14.3 kg of gold, in 2015 – 32.2 kg,…
DetailsIn 2017 zinc output at Chelyabinsk Zinc Works could grow by 5% YoY, to 183 thousand tons. According to the company CEO Pavel Izbrecht, indium output should total 4.5 tons. Favorable market situation allowed the company in 2016 to get the revenue of 28 billion rubles and the net profit of 3.2 billion rubles, investing…
DetailsBy 2018 Sakha Sino Stal will have completed the construction of a plant to produce metal structures with the capacity of 500 tons per month near the city of Yakutsk. The structures will be made of steel used under low temperatures. Sakha Sino Stal was registered in September; its main activities are manufacture of metal…
DetailsMechel-Service has shipped over 5 thousand tons of rebars for the housing construction in the city of Rostov-on-Don. The metal is used in the construction of a number of housing projects, in particular, Nikolayevsky, Yekaterininsky, and Arbat. All the rebars have been produced at Chelyabinsk Iron and Steel Works. “We have positive expectations of the…
DetailsIn January-August industrial output in Donetsk region (not counting the antiterrorist operation zone) dropped by 12.6% YoY. In August metal output decreased by 16.9%, coke – by 17.5% YoY. In 8 months metal manufacture dropped by 7.5%, coke – by 23,7%. Coalmining totaled 7.2 million tons, down by 24.6% YoY, or by 2.3 million tons.…
DetailsDTEK intends to increase gas-coal output to 25 million tons per year to be able to fully cover Ukraine’s need in the fuel. “We have enough gas-coal stocks. But this is the matter of state policy, the issue of price creation and the market tools, which have to work. Coal industry needs constant investments”, the…
DetailsThe restoration of the 10% tungsten ore and concentrates export duty, scheduled for September, has been postponed till the end of the year. Thus the current 0% duty will be valid through December 31. The export duty was imposed in 2013. In 2016 after requests from manufacturers it was temporarily cancelled. (Ukrainian metal)
DetailsVorkutaugol, one of the major coalmining companies in Russia, has processed a record of 135 thousand tons of coking coal in a month. In order to hit a record, the company Pechorskaya central processing factory carried out all the necessary preparation works in H1. (Ukrainian metal)
DetailsIn January-August Uralelectromed produced 31 thousand tons of copper sulfate, up 1.6-fold YoY. The output increase has to do with the favorable market situation, flexible marketing policy of the company and the constant replacement of equipment. Some 70% of its copper sulfate the company exports to Europe. (Ukrainian metal)
DetailsThe Supreme Commercial Court has confirmed the ruling to recover 6 million UAH from the only primary aluminum manufacturer in Ukraine – Zaporozhye Aluminum Works for the illegal use of the city land. Without any contracts and agreements ZALK has been using the territory of the city with the total size of 50 ha, thus…
DetailsPAO Severstal announces the repayment of $475,000,000 1.00% guaranteed convertible bonds due 2017 issued by Holdgrove Limited and guaranteed by PAO Severstal. Holdgrove Limited (the “Issuer”), a wholly-owned subsidiary of PAO Severstal incorporated under the laws of the Republic of Cyprus, has fully repaid the $475,000,000 1.00% guaranteed convertible bonds due 2017 issued by the…
DetailsThe Belarus Iron and Steel Works has been granted the strategic supplier status by the top Russian tire manufacturer Cordiant, BMZ Press Secretary Alexander Olesik reported. The relevant certificate was presented to BMZ representatives during the Supplier’s Day conference in the Russian city of Yaroslavl when the 15th anniversary since the tire maker was established…
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