The rail and beam shop of Evraz NTMK has started producing a new type of rolled metal – the 40P channel. At present Evraz NTMK is the only producer of such a channel in Russia. The new hot-rolled channel is made of steel to order, including of 09G2S stainless steel, which can be used in…Details
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The world demand for aluminum in 2017 will grow by 5.9% YoY, to 63.1 million tons, because of the improvement on markets outside of China by 3.9%, to 29.3 million tons, and in China – by 7.7%, to 33.8 million tons. According to Rusal forecasts, shortage will total 1.1 million tons of aluminum, up from…Details
Metinvest-Resource LLC and ArcelorMittal Kriviy Rih have won at three auctions on the sale of Ukrzaliznytsia scrap. In particular, Metinvest-Resource purchased 15 thousand tons of bulk scrap for 102.27 million UAH, or 6818 UAH per ton. The initial price was 94.2 million UAH, or 6280 UAH per ton. AMKR won two auctions – 7 thousand…Details
NLMK Group, an international steel company with operations in Russia, the USA and the European Union, has supplied dynamo steel to the Joint Institute for Nuclear Research (based in Dubna) for the construction of a unique accelerator complex in Russia, a NICA collider (Nuclotron-based Ion Collider Facility). The international NICA complex mega-science project is aimed…Details
The state enterprise Selidovugol has ordered Donenergoexport LLC the delivery of motor fuel valued at 8.45 million UAH. The company has to supply fuel to the Novogrodovskaya, Kotlyarvskaya, Ukraina and Kukharevskaya mines within 5 days from the date of the order. The agreement is valid through September 2018. (Ukrainian metal)Details
The state enterprise Vostochniy Mining and Processing Works has concluded an agreement with Ukrzaliznytsia on transportation valued at 98.92 million UAH. The company will provide services of transportation in various railroad cars locally and abroad by the end of the year. The price of the services corresponds to the prices of the agreement signed between…Details
Russian company NGK Resurs plans to invest 2.2 billion rubles in creation of a gold production facility at the Polyanka site, which was on November 19 included in the Nikolayevsk advanced development territory in the Khabarovsk region. According to the regional government statement on November 20, NGK Resurs plans to launch the facility in 2018,…Details
The State Committee of Industry, Energy and Subsoil Use has repeatedly put up for sale the Aksai limestone deposit, its website reported. According to it, the tender commission has set a value for the right to use the subsoil of the facility in the amount of at least $1 million. In addition, one of the…Details
In January-September Kyrgyzaltyn transferred over 459.51 million soms to the budget in the form of taxes and deductions, press service of the company reported. It is noted that 84.34 million soms were paid to the Social Fund and 375.17 million soms – in the form of taxes and dividends. In 2017 the company has also…Details
Revenue of the public stock company VSMPO-Avisma Corporation for 9 months of 2017 decreased by 1.4%, to RUB 55.115 billion from RUB 55.89 billion the year before, the company informed. The lower revenue is primarily attributable to the Russian ruble strengthening and a related reduction in the ruble equivalent of export revenue (the share of…Details
Pakistan intends to purchase 150,000 tons of coal per year from Uzbekistan as soon as the modernization of the Uzbek Shargunkumir JSC finishes, Shargunkumir JSC Director for Future Development, Investment and Capital Construction Sattor Saidov reported. He added that currently the company was not able to provide Pakistan with demanded quantity of coal because the…Details
Kazakh Aktobe Rail-Belt Plant LLP (ARBP) and Russian Railways signed an agreement on supply of 7,500 tons of R65 rails to Russia. The agreement was signed by the Head of Kazakhstan Railways Kanat Alpysbaev and the President of Russian Railways Oleg Belozerov at the 19th meeting of the Kazakhstan-Russia intergovernmental commission for trade and economic…Details
Seligdar will construct a mining enterprise on the basis of Samolazovskoye gold deposits in Yakutia. The estimated volume of investments will be 400 million rubles. The project will create some 100 jobs. The deposits are situated in the Aldansky district. C1 and C2 reserves of the primary ore for open-pit mining amount to 7282 kg.…Details