In February Magadan region will hold auctions for the sale of 11 sites of alluvial and ore gold. All participation offers are accepted through February 12. Sites in Omsukchansk, Severo-Evensk, Srednekansk, Tenkin and Khasyn districts will be offered for sale. The cost of the lots depending on the site ranges from 1 million to 17.6…Details
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The Lipetsk pipe company Svobodniy Sokol has purchased assets belonging to the insolvent Lipetsk Iron and Steel Works Svobodniy Sokol for 756.2 million rubles. According to the company CEO Igor Yefremov, this includes premises, metal and special machinery, lease right, patents, trade marks, railroad transport and social objects. The starting price of the lot was…Details
Uralmashzavod has completed the final stage of dragline 11/75 shipping. The corresponding contract with VostokUgol (Novosibirsk region) was signed in October 2016. The machine will be operating at the Vostochniy pit and is expected to start working in Q1. (Ukrainian metal)Details
In 2017 metal industry showed positive trends resulting mostly from external factors: the strengthening of the ruble, increase of the outer demand, accessibility of investments, etc. The following factors influenced the metal industry the most: – the increase of world prices by 40% on average, – and the growth of other income 2.2-fold because of…Details
Energomashspetsstal will produce a batch of working rolls for Evraz-DMZ. According to the company statement, the corresponding contract was concluded in November 2017. The total weight of the rolls will be 184.7 tons. The rolls will be used in the bar-rolling mills of Dneprovsky Iron and Steel Works. The delivery is scheduled for the second…Details
In 2017 DTEK Energo enterprises mined 22.9 million tons of gas coal, up by 8.2% YoY. According to the group statement, in December 2017 DTEK Pavlogradugol and DTEK Dobropolyeugol mined around 2 million tons of gas coal, up by 2.1% YoY. Last year DTEK Pavlogradugol extracted 20.1 million tons of coal. In 2018 DTEK Energo…Details
The state enterprise Vostochniy Mining and Processing Works has ordered the Energy Trade Group LLC the delivery of natural gas valued at 139.36 million UAH. By December the company will have supplied 14.08 million cubic meters of gas at 9900 UAH per cubic meter. The price is 1% lower than the expected cost of purchase…Details
The state enterprise Selidovugol has concluded 2 agreements on coal processing valued at 116 million UAH. This year the Central Processing Factory Rossiya and the Central Processing Factory Ukraina will process 400 thousand tons of coal each at 145 UAH per ton. The ash content in the coal after processing should not exceed 28%. In…Details
The US Department of Commerce has set the final volume of the antidumping duty on the import of carbon and alloyed steel wire rod from Ukraine. Duty for ArcelorMittal Kriviy Rih and Yenakievo Iron and Steel Works is set at 44.03%, for other Ukrainian manufacturers at 34.98%. The United States International Trade Commission has to…Details
Lermontovsky Mining and Processing Works has shipped the third wagon with 100% tungsten concentrate to its customers. Since the start of operation – in November 2017 – the company has shipped over 73 tons of concentrate. By the end of January LGIK intends to have shipped one more railroad car with 24.5 tons. After that…Details
In 2017 Rusolovo produced over 1 thousand tons of tin, up by 60% YoY. This year the company intends to increase output by 10% YoY. By 2022 the annual ore processing volume is expected to have reached 1 million tons yielding around 6.5-7 thousand tons of tin concentrate a year. Rusolovo is developing the Festivalnoye,…Details
In 2017 UralKuz increased output volumes by 28% YoY. Last year the company sold 96 thousand tons of stampings, up by 28% YoY. In December 2017 UralKuz sold over 10 thousand tons of stampings, the maximum for the past 30 years. The metal to manufacture hot-formed products is supplied by Chelyabinsk Iron and Steel Works.…Details