In January-August Zabaikalye region obtained 8013 kg of gold, including 5682 of alluvial gold and 2331 kg of ore gold. Silver output totaled 35 tons. Gold output increased by 2.2% YoY. In January-August 2016 the region yielded 7835 kg of gold. This year the region intends to mine some 12250 kg of gold against 12069…Details
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Uralelectromed has finished the scheduled repairs of its shaft furnace No. 1 at the Kirovograd subsidiary “Proizvodstvo polimetallov”. The total cost of repair was 77 million rubles. The furnace has been completely disassembled and then assembled again. The company has also replaced gas ducts. In particular 27 meters of the largest gas duct (3.6 meters…Details
According to the Federal Service of State Statistics (Rosstat) in January-August Russia produced 40.5 million tons of rolled metal, up by 1.5% YoY. In August pipe companies increased output by 23.3% YoY and by 4.3% MoM, in 8 months they produced 7.4 million tons, up by 1.8% YoY. Pig iron output in January-August totaled 34.5…Details
The state enterprise Selidovugol has ordered the Akrit Land LLC the delivery of conveyers valued at 100.88 million UAH. By mid-2018 the company will have supplied 5 conveyers manufactured by Krasnoarmeysk Works of Industrial Equipment to the Kurakhovskaya mine. The contract presupposes a 70% prepayment, after which the conveyers have to be delivered within 10…Details
Volnogorsk Mining and Processing Works has concluded an agreement with Imex Minerals LLC for the development of rock valued at 95.55 million UAH. This year the company will have to develop some 2.45 million cubic meters of rock and transport it for 2.5 km at the price of 39 UAH per 1 cubic meter. The…Details
Today at 1:00 am the trade seaport of Yuzhniy welcomed the Semiramis with 80 thousand tons of anthracite coal from the South African Republic for the DTEK thermal power plants. “In September the port intends to receive 6 vessels with power and coking coal with the total volume of 530 thousand tons”, the port press-service…Details
The Irkutsk region development corporation has signed an agreement with Usolye Iron and Steel Works to construct a light section plant. The enterprise will process scrap and produce rebars. The capacity of the plant is intended to be 100 thousand tons per year. 219 jobs will be created. Investments will total 3.9 billion rubles, and…Details
Kandalaksha Sea Trade Port keeps increasing coal throughput. Since the beginning of the year the port has exported over 1 million tons of coal, up 3-fold YoY. This year the port has serviced 38 vessels and over 14 thousand open wagons. (Ukrainian metal)Details
In January-August Khabarovsk Krai yielded 14.9 tons of gold, up by 20.1% YoY. In particular, 11.8 tons of ore gold and 3.1 tons of alluvial gold. Silver output increased by 46%, to 40.4 tons. In January-August 2016 the region yielded 12.4 tons of gold and 27.7 tons of silver. This year the region is to…Details
The steel ropes of Beloretsk Iron and Steel Works have been used in the construction of the first serial nuclear-powered icebreaker the Sibir of the 22220 project. BMK has been cooperating with Baltiysky Shipbuilding Works for some 5 years. The company supplies steel rope of various diameters to the works, including with zinc coating. This…Details
MMK has once again entered the first ten of the Russian fuel-energy and metal industry environment ratings in H1 2017. The company occupied the 10th position among other 33 companies, thus retaining its results of the previous half year and being the only metal company to get to the top ten. Among MMK environment initiatives…Details
The Trade Committee of South Korea has imposed antidumping duties on ferrosilicomanganese from Ukraine, India and Vietnam. The duty in the volume of 4.06-19.06% is set for 5 years. Since May 31 preliminary duties in the volume of 6.08-32.32% have been in effect in South Korea. According to the Committee, in 2015 the country consumed…Details
In H1 2017 Ferrexpo increased investments into Poltava, Yeristovo and Belanovsky Mining and Processing Works by 58.4% YoY, to 1.15 billion UAH. In particular, PGOK received 762.3 million UAH, Yeristovo GOK – 356.7 million UAH, and Belanovsky GOK – 26.4 million UAH. This year Ferrexpo intends to invest some $100 million more into its GOKs.…Details