In October the joint-stock company Pavlik intends to confirm the availability of 90 tons of additional gold reserves at its deposits in Magadan region. At present the company deposits stand at 154 tons of gold. Thus, they will increase to 244 tons. The gold-mining combine at the Pavlik deposits was put into operation in August…Details
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Stocks of anthracite coal at Ukrainian thermal power plants (TPP) grew by 3% from June 27 to July 5, to 698,300 tons, according to the Ukrainian Energy and Coal Industry Ministry’s press service. At the same time, the stocks of gas coal decreased by 3.6% from 1.824 million tons to 1.759 million tons. In general,…Details
In June, according to the railroad statistics, direct deliveries of rolled steel to construction companies totaled 17.7 thousand tons, down by 37.2% MoM and by 3.4% YoY. In May the results were up by 8.8% MoM and down by 8.7% YoY, in April – up by 9.6% and down by 8.8% respectively. In January-June construction…Details
NLMK has completed its project begun in 2015 on the replacement of dust-gas filtering equipment at its refractory shop. As the result dust emissions have decreased by 18%, and the dust captured is returned to the manufacturing process as raw materials. The tests of the new electric filters have been carried out at the lime…Details
Metalloinvest and KamAZ have negotiated the conditions of the three-year agreement on prices for high-quality rolled metal (SBQ) produced by Oskol Electrometallurgical Works (OEMK), which will come into effect on January 1, 2018. The discussion was held during the visit of the first deputy CEO, commercial director of Metalloinvest Nazim Efendiyev to KamAZ, where he…Details
Throughput of Rosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, is to grow by 16%, to 21 million tons in 2017, Yevgeny Korban, Managing Director of the terminal, declared. According to him, investments will total some RUB 300 million in…Details
ArcelorMittal Kriviy Rih has sent an open letter to the president of Ukraine Petr Proshenko, the Prime Minister Vladimir Groysman, the general prosecutor Yuri Lutsenko and the Krivoy Rog city mayor Yuri Vilkul. The company CEO Paramjit Kahlon voiced against the discriminative attitude to AMKR, connected with the increase of the land tax. The company…Details
To resume operation at Dneprovsky Iron and Steel Combine, a part of the Industrial Union of Donbass, a financing of 4 billion UAH is needed, as well as new raw materials sources. “The enterprise is in the poor condition now. The accounts are arrested, there are over 40 claims as to debts, and the machinery…Details
On July 3 Ukrzaliznytsia announced a tender to buy tyres valued at 73.69 million UAH. Interpipe Ukraine LLC won all the five lots. The difference with the expected price was 0.8%. It should be noted that Interpipe prices were not the lowest. (Ukrainian metal)Details
In January-June Ukrainian power companies imported $1.257 billion worth of coal, up 1.8-fold YoY. According to the State Fiscal Service, Russia supplied 50.2% of the coal, USA – 27% and Canada – 8.7%. Russian share increased to $631.1 million from $446.3 million in January-June 2016. US increased sales from $95.9 million ton $340.5 million. Canada…Details
By 2019 the city of Cherepovets will have constructed the new works to produce metal structures and process metal. The works will be constructed on the Cherepovets Industrial park site. Private investments are planned in the volume of 700 million rubles across three stages. The works will create 170 jobs. The works with two shops,…Details
Three people were killed as a methane blast rocked the Zapolyarny copper and nickel mine of Norilsk Nickel, the company said in a statement on July 7 citing preliminary data. “According to preliminary data, vapors of methane exploded during construction works. Preliminary data show that three workers died at the site of the blast and…Details
Rosterminalugol JSC throughput in January-June grew by 43% YoY, to 11.3 million tons. In June the terminal exported 2.2 million tons. In 2016, throughput of Rosterminalugol grew by 3.4% YoY, to a record high result of 18 million tons (over 60% of coal transshipment in the ports of Russia’s Baltic Basin). In 2016, Managing Port…Details