NLMK intends to increase its galvanized rolled metal capacities in 5 years by 28%, to 1.7 million tons, by commissioning a new continuous hot-galvanizing machine with the capacity of 450 thousand tons per year. The company also plans to increase polymer-coated rolled metal output by 36%, to 700 thousand tons per year, after it puts…
DetailsIn January-September the enterprises of Kyrgyzaltyn produced 205.8 kg of gold in the alloy and in the cathode deposit, the press service of the company reported. According to it, 157.1 kg of gold were produced at Makmal. The forecast indicator was fulfilled by 95.6%. But in this case, compared to the same period last year,…
Details“We are preparing in 2018 to create a joint venture at Makmal,” Almaz Alimbekov, Chairman of the Board of Kyrgyzaltyn OJSC, said at a meeting of the Committee on Fuel and Energy Complex and Subsoil Use of the Parliament. According to him, now the deposit is unprofitable because of old equipment, technologies and depletion of…
DetailsThe authorities of Zabaykalsky krai intend to create a new enterprise to process ore. As the result, the taxes to the local budget will increase by 3 million rubles per year. Investments will reach 1.095 billion rubles. In particular, the construction of premises and infrastructure objects will cost 93.6 million rubles, roads – 2.6 million…
DetailsTMK has started producing casing pipes with the unique TMK UP ULTRA GX thread joints. The first batch has been shipped to Samaraneftegaz, a daughter company of Rosneft. The new thread joints fully comply with ISO PAS 12835. TMK share in the segment of premium thread joints on the Russian market in January-September reached 81%.…
DetailsThe United Mining and Chemical Company will invest 36 million UAH in its Volnogorsk Iron and Steel Works. According to the company statement, in October VGMK completed the replacement of 2 km of slurry pipeline valued at 5.2 million UAH. The company intends to go on with the project. Investments have been estimated on the…
DetailsIn January-September the republic of Buryatia produced 266 tons of tungsten. The only tungsten manufacturer in the region is the Zakamensk company. Last year Zakamensk produced 569 tons of tungsten. In August the project of modernization of the processing machine with the capacity of 1 thousand tons of concentrate per year was approved. Investments since…
DetailsMetalloinvest and KAMAZ have signed a 3-year memorandum of cooperation in the sphere of high quality rolled metal (SBQ) deliveries. The metal will be produced at OEMK. According to the agreement KAMAZ has to place 80% of orders at OEMK. The price will be fixed each quarter. The parties will also discuss the creation of…
DetailsMetinvest-Resource LLC and Interpipe NTZ have won in two auctions on metal scrap sales held by Ukrzaliznytsia. In particular, Metinvest-Resource won the auction on the sale of 17.2 thousand tons of bulk scrap, having offered 109.871 million UAH, or 6387 UAH per ton. The starting price was 102.684 million UAH, or 5970 UAH per ton.…
DetailsIran has exported alumina to Azerbaijan for the first time, Touraj Zare, managing director of Iran Alumina Company, said. Previously, Tajikistan was the only costumer of Iran’s alumina, but beginning from the current fiscal year (March 2017) Azerbaijan also has started the imports, Zare said, the press office of Iranian Mines and Mining Industries Development…
Details