The mining and processing complex of Magnitogorsk Iron and Steel Works comprises of a mine shop, an ore-dressing factory, a sinter shop, a grinding-kilning shop and the sinter charge preparation shop. For the past several years the shop has undergone a massive reconstruction. In particular, the company has reconstructed the sulfur-exhaust machine, which allowed increasing…Details
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RusHydro and Rusal will not continue constructing Boguchansky Aluminum Works. “The further expansion of BoAZ to the projected 600 thousand tons will not be necessary, as the partners decided to finish construction of another plant”, RusHydro CEO Nikolai Shulginov declared. “We’re switching to another plant, as it is more efficient”. In autumn 2016 the companies…Details
The throughput of the railroad rout Kamysh-Zarya – Volnovakha, through which Mariupol metal works get raw materials, is too low, Azovstal CEO Enver Tskitishvili told the infrastructure minister Vladimir Omelyan. According to him, on average 15.8 pairs of cargo trains go via this route daily, despite the fact that Ukrzaliznytsia invested a lot to increase…Details
The Antimonopoly Committee is questioning the interested parties on the situation on the coke market. The survey will be carried out by September 30 at the request from Private Ltd Liability Co. Metinvest BV (the Netherlands) as to the purchase of Dneprodzerzhinsk By-Product Coke Plant. The company wants to buy over 50% shares. At present…Details
Mining and metallurgic company Norilsk Nickel plans to make a final decision on its participation in development of the Baimskoye field in Russia’s northernmost Chukotka Autonomous District until the end of 2017, Vice President Yelena Bezdenezhnykh reported on the sidelines of the Eastern Economic Forum on September 6. “We have been evaluating the potential of…Details
In January-August Ukraine imported $54.330 million worth of copper and copper wares, up by 50.9% YoY. According to the State Fiscal Service, copper exports went up by 72.3% YoY, to $81.779 million. In August copper exports totaled $8.959 million, and imports – $6.882 million. Nickel and wares imports dropped by 13.8%, to $50.664 million ($5.646…Details
In January-August Ukraine increased ferrous metals export revenue by 16.2% YoY, to $5.48 billion. According to the State Fiscal Service, ferrous metals accounted for 19.93% of the total exports, down from 20.76% in January-August 2016. In August Ukraine exported $732.55 million worth of ferrous metals, up from $667.7 million in July. In 8 months Ukraine…Details
In January-August Ukraine exported 25.78 million tons of iron ore raw materials, down by 5.4% YoY, valued at $1.74 billion, up by 54.2%. According to the State Fiscal Service, China (28.45%), Slovakia (11.04%) and Austria (11%) were the main importers of Ukrainian iron ore raw materials. In 8 months Ukraine imported 204.89 thousand tons of…Details
In January-August Ukraine imported 11215.24 thousand tons of coal valued at $1685.139 million, including $212.998 million in August, up by 10% and by 86.8% YoY respectively. At the same time Ukraine exported 419.522 thousand tons of coal valued at $67.83 million, including $36.449 million to Russia, $25.746 million to Slovakia, $2.566 million to Turkey and…Details
Tominsky Mining and Processing Works, a part of RMK, intends to start hiring employees in September. According to the company statement, the process presupposes hiring managers and specialists, as well as ordinary workers. This year TGOK will employ 60 people, bringing the total to over 100 employees. In 2018 the company will provide jobs for…Details
Cherepovets Iron and Steel Works intends to increase sales of metal to clients who pay special attention to surface quality. For this the company will modernize its metal treatment shop No. 2. Investments will total 1 billion rubles. In particular, the company plans to expand the existing shop premises and assemble a number of mills…Details
Zaporozhye Titanium and Magnesium Works has passed a certification of one of the largest Chinese consumers of titanium sponge – GoldSky. “Thus ZTMK has received the right to supply titanium sponge to GoldSky”, the company reported. The passing of certification of major world titanium buyers is a part of ZTMK sales market expansion program. “Thanks…Details
Mintha Holding Limited of businessman Viktor Rashnikov has sold a 3% interest in Russia’s Magnitogorsk Iron and Steel Works (MMK) on the market for about 36.7 rubles per security, a financial source reported on September 6. “The bidding book was open yesterday and the placement of the entire stake was successful. Many Russian brokers bid…Details