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Russia: VIZ-Stal to improve transformer steel quality

VIZ-StalBy admin20.06.2017Leave a comment

VIZ-Stal has started the second stage of its machinery modernization. The combined total of both stages is 350 million rubles. This year the company will put 30 stands of bell type furnace in operation. By 2021 the company will have replaced 70% of its bell type furnaces. VIZ-Stal is a major world and the largest…

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Russia: Pskovvtormet gets another Sberbank loan

PskovvtormetBy admin20.06.2017Leave a comment

Sberbank has opened a 800-million ruble loan to Pskovvtormet. The money will be spent to finance the company current activity and fulfill current obligations. Pskovvtormet was created in 1993 and is a leading enterprise in Pskov region, procuring, processing and selling ferrous scrap and wastes. The company has 16 sites in various regions, with several…

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Russia: Profil-Akras results for May 2017

pipesBy admin20.06.2017Leave a comment

In May Profil-Akras produced 15.6 thousand tons of pipes and sold 17 thousand tons, with 2.2 thousand tons exported. The Pipe Works “Profil-Akras” named after Makarov specializes in the manufacture of electric-welded pipes for water and gas pipelines and heating systems. (Ukrainian metal)

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Russia: Kolyma yields 7.5 tons of gold in 5 months

goldBy admin20.06.2017Leave a comment

In January-May Magadan region obtained 6.1 tons of ore gold and 1.4 tons of alluvial gold. Gold output in the region increased by 47% YoY, mostly due to the gold-mining company Pavlik, which in 5 months mined 1.5 tons of ore gold. This year the region intends to get 30.5 tons of gold (14.8 tons…

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Russia: Uchaly GOK replaces mill

Uchaly Mining and Processing WorksBy admin20.06.2017Leave a comment

Uchaly Mining and Processing Works carries out the technical modernization of its processing factory grinding shop. In particular a 3200 mm ball mill has been replaced with a 3600 mm ball mill. “The replacement of the mill allows us reaching finer grinding of ore, which will improve copper and zinc extraction”, the company manufacturing-technical department…

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Russia: CherMK finishes coke battery No. 4 disassembly

Cherepovets Iron and Steel WorksBy admin20.06.2017Leave a comment

Cherepovets Iron and Steel Works has finished the disassembly of its coking battery No. 4. All the work was performed in a record-short time – just 5 days. At present the concrete structures of the foundation are being examined. Then the refractory lining will be made. The total cost of the project is 6 billion…

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Russia: RUSAL offers stake in Taishet smelter to RusHydro

RusalBy admin20.06.2017Leave a comment

UC RUSAL has offered RusHydro a stake in the future $1.4-1.6 billion Taishet Aluminum Smelter in exchange for some debt of the smelter and a discount for the power the hydropower company will sell to it. Earlier in June, RUSAL CEO Vladislav Solovyov said that the company offered RusHydro a 50% stake in a project…

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Russia: ferroalloys exports down in January-April 2017

ferroalloysBy admin20.06.2017Leave a comment

In January-April Russia exported 238.5 thousand tons of ferroalloys, down by 20.5% YoY, valued at $413 million, up by 14% YoY. The main importers, according to the customs statistics, were the Netherlands (75.2 thousand tons, down by 22.5%), followed by Japan (44.8 thousand tons, down by 4.7%) and South Korea (27.7 thousand tons, up by…

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Ukraine: Volnogorsk GOK buys 52 million UAH worth of dump trucks

Volnogorsk Mining and Processing WorksBy admin20.06.2017Leave a comment

Volnogorsk Mining and Processing Works has ordered BelAZ Technocenter LLC the delivery of 51.73 million UAH worth of trucks. This year the company will supply 6 quarry dump trucks BelAZ-75473 with the lifting capacity of 45 tons at 8.62 million UAH apiece. The trucks must have been manufactured not earlier than in 2011. (Ukrainian metal)

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Azerbaijan: gold output sharply up in January-May 2017

goldBy admin20.06.2017Leave a comment

In January-May Azerbaijan obtained 1741.6 kg of gold, up 2.2-fold YoY. According to the State Statistics Committee, in May gold output totaled 1369.5 kg, up from 187.2 kg in May 2016. Last year Azerbaijan mined 1894.1 kg of gold, down by 15% YoY. (Ukrainian metal)

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Ukraine: DMK looking for insurance agent

Dneprovsky Iron and Steel CombineBy admin20.06.2017Leave a comment

Dneprovsky Iron and Steel Combine has announced a tender for insurance services. According to the company statement, a participant of the tender should be a legal entity, should have letters of recommendation and experience of working with iron and steel works. (Ukrainian metal)

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Russia: Zabaikalsky region yields 2 tons of gold in January-May 2017

goldBy admin20.06.2017Leave a comment

Since the year start Zabaikalsky region has yielded 2001.02 kg of gold and 9.1 million tons of coal. In May the output was 1009.5 kg of gold and 1.3 million tons of coal. The region also produced 148.5 tons of tungsten concentrate, 3.1 thousand tons of lead and 776 tons of zinc. At present around…

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Russia: SUMZ finishes repair of VF2

SUMZBy admin20.06.2017Leave a comment

The Sredneuralsk Copper Works has finished the capital repair of its Vanukov furnace No. 2. The furnace has been put back in operation. The VF2 was shut down for the scheduled repairs in April, and the overhaul instead of 80 days lasted for 66 days. The cost of the repair was 184 million rubles. (Ukrainian…

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