In 2017 Severstal purchased goods and services from Vologda region companies valued at 19.9 billion rubles, up by 4.5 billion rubles YoY. Small and medium business accounted for 10.5 billion rubles. The share of Vologda region in Severstal purchases increased last year from 13% to 16%. The growth is connected with the large-scale investment program…
DetailsGold ore concentrate from Altynken field is transported to Kazakhstan, not to China, Almaz Alimbekov, Chairman of the Board of Kyrgyzaltyn OJSC said at a meeting with parliament deputy Akylbek Zhamangulov. According to him, in 2016 deputies of the parliamentary committee on the fuel, energy complex and subsoil use recommended Kyrgyzaltyn and Altynken to refuse…
DetailsEvraz NTMK is getting ready to put its blast furnace No. 7 in operation. All the construction work has been performed and the machinery and equipment and being assembled. The furnace is scheduled to be blown in late February. At present the company is operating two blast furnaces (Nos. 5 and 6) with the volume…
DetailsThe unscheduled check has revealed that the ArcelorMittal Temirtau combined heat and power plant No. 2 has not provided the city of Temirtau with the required volume of heating. “Since the beginning of the heating season the CHPP No. 2 has not been keeping the necessary temperature of the heating carriers stipulated by the plan.…
DetailsIn 2017 Shubarcol Komir mined 10.45 million tons of coal, including 3.3 million tons for the household needs of the population, up by 100 thousand tons YoY. The company is the main supplier of social coal. One third of coal for household needs is produced there. This year Shubarcol intends to mine some 12 million…
DetailsIn 2017 Khabarovsk region increased gold output by 18.6% YoY, to 23.147 tons, which was a historic record. The ore gold output was 19.114 tons. This year the output is expected to increase by 1.3% YoY, to 23.45 tons. At the same time, gold manufacture in Buryatia dropped last year by almost 4%, to 5.678…
DetailsIn 2017 MMK increased its net profit by 7% YoY, to $1.189 billion. According to the company statement, its revenue grew by 34%, to $7.546 billion, with EBITDA up by 3.9%, to $2.032 billion. Last year MMK produced 12.86 million tons of steel, 10.163 million tons of pig iron and 11.333 million tons of rolled…
DetailsIn 2017 Dneprospetsstal increased steel output by 9.1% YoY, to 258.5 thousand tons. According to the company statement, rolled metal manufacture grew by 11.8%, to 169.2 thousand tons. The cost of the products manufactured last year totaled 8.187 billion UAH, up by 30.1% YoY. (Ukrainian metal)
DetailsIn January Yuzhniy Mining and Processing Works increased concentrate output by 0.6% YoY, to 1.053 million tons. According to the company statement, sinter manufacture dropped by 35.5%, to 131.4 thousand tons. The decrease is the result of the market situation change. In 2017 UGOK produced 12.27 million tons of concentrate and 1.858 million tons of…
DetailsThe mining company Kun-Manye, a daughter enterprise of Amur Minerals Corporation, plans in 2019 to design and in 2022 to construct a metal works at the copper-nickel deposits in Amur region. The projected capacity of the works is 6 million tons of ore per year. For such a major project the company will have to…
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