In January-August Kazakhmys produced 151.2 thousand tons of cathode copper, up by 6% YoY. Average copper contents in the ore totaled 0.96%, which is higher than last year (0.94%) and by 4.2% from the planned. In 8 months the corporation mined 18852.341 thousand tons of ore, factories processed 19 million tons. In 2017 Kazakhmys intends…Details
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The length cutting service center of Tyumenremdormash has started testing new machinery. The new complex cost investor 226 million rubles. The project is carried out with the help of the regional government. In particular the government paid 27.3 million rubles as the first installment. The service center produces strips of almost any size with the…Details
In January-August sales of industrial products (goods and services) totaled 1.354 trillion UAH, up by 25.95% YoY. According to the State Statistics Service, in August sales in mining and quarrying industry increased by 28.8% YoY, with exports up by 27.6%. Metal output accounted for 17.8% and mining for 15% of the total volume. (Ukrainian metal)Details
The Russian businessman Igor Shamis could become a new owner of KVV Liepajas metalurgs. He wanted to acquire the works back in 2014, but lost to the Ukrainian KVV Group. The Latvian Privatization Agency chairman Vladimir Loginov confirmed that the Cabinet of Ministers would decide on the new owner in October. Last week a new…Details
ArcelorMittal Kriviy Rih is carrying out a reconstruction of its sintering machine No. 5 premises and buildings. In particular, it is planned to assemble a dust exhaust system and replace gas-purifying equipment. The work is carried out under the sinter shop No. 2 modernization program. The cost of the sinter shop No. 2 reconstruction is…Details
The local market protection department of the Eurasian Economic Commission has suggested decreasing antidumping duty on the imports of some types of pipes manufactured by Interpipe. In particular it is suggested to set the duty for casing pipes on the level of 9.98%, for compressor-pump pipes at 12.23%, for oil-and-gas, as well as ordinary pipes…Details
In January-September Ukrainian metal companies received 2.4 million tons of scrap, up by 5.2% YoY, with the metallurgists needs covered by 89%. Average use of scrap in 9 months was 156.8 kg per 1 ton of liquid steel. Scrap exports increased by 33.6%, to 321.1 thousand tons, with the most sold to Turkey. Imports dropped…Details
In January-September Ukrainian metal companies imported 1.026 million tons of coke, down by 8.2% YoY, valued at $285.845 million, up by 47%. According to the State Fiscal Service, the main suppliers of coke were Russia (46.78%), Poland (41.86%) and China (5.67%). Coke exports increased by 13.5%, to 200.2 thousand tons valued at $40.775 million, up…Details
The products of the new Chelyabinsk Iron and Steel Works subsidiary on the manufacture of welded beams are used in the construction of a bridge in Amur region. 20 welded beams of 70B2 grade have been delivered to UralStalProkat for the construction of the bridge over the Zeya River. The delivery has been carried out…Details
Severstal will deliver 3 thousand tons of hot-rolled sheets for the construction of the Kursk Nuclear Power Plant No. 2. The sheets will be supplied to Power Machines, where they will be made into machinery. All the metal will be produced by Cherepovets Iron and Steel Works. Deliveries have already started and will be complete…Details
Akim of North-Kazakhstan region Kumar Aksakalov paid a working visit to the Yesil district. During the visit, Kumar Aksakalov familiarized himself with the work of Aulie Gold Mining LLP. The Russian company has been mining gold-bearing ore since 2015. And it plans to increase production from 130 thousand to 600 thousand tons by 2018. The…Details
Lisichanskugol has ordered Luxor Capital LLC the delivery of rechargeable batteries valued at 3.29 million UAH. The company will have supplied batteries produced by the Kursk Accumulator works (Russia) at 412 thousand UAH apiece. Thus Lisichanskugol ordered 8 batteries. All the goods have to be delivered within 21 days to the warehouse in the city…Details
In January-September Ukraine exported 28.75 million tons of iron ore raw materials, down by 3.8% YoY, valued at $1.96 billion, up by 54.8%. According to the State Fiscal Service, exports mostly went to China (27.39%), Slovakia (11.39%) and Austria (10.96%). At the same time Ukraine imported 204.91 thousand tons of iron ore raw materials valued…Details