The Kazakhstan state gold-mining works Tau-Ken Altyn, a part of the National mining company Tau-Ken Samruk, plans to sell the National bank 15 tons of gold this year. “Last year Tau-Ken Altyn sold 12 tons of gold to the National bank. This year our plan is 15 tons”, Tau-Ken Samruk chairman Mazhit Turmagambetov said. Thus…
DetailsUkraine intends to increase uranium ore processing to 1501 tons in 2018, to 2480 in 2019 and in 2020 each. This year the uranium concentrate output is expected to increase by 21.4% YoY, to 1.2 thousand tons. Thus, the Ministry of energy and coal industry 2020 forecast of uranium concentrate production exceeds the 2016 results…
DetailsEvraz-holding intends to increase its share on Ukrainian coking coal market to 20%. According to the group statement, its share in 2016 reached 12%. The company increased exports to Ukraine by 42% YoY, to 2 million tons, and plans to increase them to 3 million tons in 2017. In 2015 the company revenues in Ukraine…
DetailsThe management of the Mariupol Ilyich Iron and Steel Works has initiated a dialogue between the Donbass blockade participants and the employees. “On behalf of all the personnel I would like to invite the heads of the railroad blockers to our works. We would like to organize the meeting with our employees, simple metallurgists, who…
DetailsIn February Kraft Group supplied the 100th batch of rolled metal to Leroy Merlin. The companies have been cooperating for more than half a year. During this period Kraft Group sent 500 trucks with Euro-standard rebars to the store. Kraft Group supplies metal to 12 Leroy Merlin stores in Moscow and Moscow region, as well…
DetailsMagnitogorsk Iron and Steel Works has finished the reconstruction of the sulfur-recovery machines in the sinter factory No. 2. According to the company information, the sulfur-recovery system of the sinter factory No. 2 provides for the 95% purification of gases. The first purification system was put into operation in 2015, the second and the third…
DetailsThe processing factory of the Korshunovsky Mining and Processing Works, a part of Mechel, has put into operation 2 dust extraction machines for gas-purification after repairs. The renewed machinery will improve extraction efficiency and provide more comfortable working condition for the employees. The total cost of the repairs reached 1 million rubles. (Ukrainian metal)
DetailsThe Cabinet of Ministers will create a state commission to check all coalmining companies in Ukraine on labor safety and personal protection. “This is (the explosion at Stepnaya mine) the case when we have not only to find out what happened but also to understand what is going on at other mines with labor safety.…
DetailsThe port of Antwerp says Russia is its fourth-largest trading partner. In 2016 the port handled 11.2 million tons of cargo from or destined for the world’s largest country. Steel and container freight continue to do particularly well in this area. In 2016 steel imports from Russia rose from 268,000 to no less than 424,000…
DetailsIn 2016 Kazakhmys Corporation produced 225.657 thousand tons of copper cathodes, up by 2.5% YoY, or by 5.4 thousand tons. The average copper contents in ore totaled 0.95%, up by 1.1% YoY. In 2016 Kazakhmys factories processed 29.8 million tons of ore. This year the corporation intends to produce 232.6 thousand tons of copper cathodes.…
DetailsIn January the USA imported 2.512 million tons of steel, up by 4.6% YoY and by 2.6% MoM. In particular, Russia increased steel exports by 73.5% YoY, while India – by 237.8%. Still Russia wasn’t able to get into the top steel suppliers list. The list consists of South Korea (311 thousand tons, up by…
DetailsMoscow hosted a round table on metal market situation. Among the presenters were Zhanna Pets, the ChTPZ information-analytical department director, Arthur Krasavin, Mechel-Service marketing department director, and Zhanna Raus, Dialvest development director. In particular, Zhanna Pets reported on pipe market situation, noting that in 2017 it would decrease by 1% YoY, to 9.99 million tons.…
DetailsIn January output of raw titanium in Russia increased by 1.3% YoY and by 1.2% MoM. According to the Federal Service of State Statistics, titanium semi-finished products (wire, rods and sections) output increased by 13.1% YoY, but dropped by 28.8% MoM. (Ukrainian metal)
DetailsIn February the Pipe Works named after Makarov (Profil-Akras) produced 5500 tons of pipes. Deliveries to the local market reached 5700 tons, while exports stood at 2 thousand tons. The company continues preparing for the start of the season, and March will see some scheduled repairs to ensure stable operation in summer. (Ukrainian metal)
DetailsOn March 2, an explosion occurred at the No. 10 Stepnaya mine of Lvivugol. According to the report of the State Emergency Service, the explosion resulted in the cave-in of the rock, with 8 miners killed and 6 wounded. The fate of the 20 miners is still uncertain. At the time of explosion 172 miners…
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