Raspadskaya has fulfilled its annual coalmining plan in advance. The company has yielded 5.528 million tons of coal so far. At present the mine is preparing and developing 11 sites. The mining is carried out at the 4-10-29 long face; in late September the 4-6-33 long face with the reserves of 3.5 million tons of…
DetailsBratsk Aluminum Works has been named among the best enterprises of Irkutsk region in 2016. “This award is deserved. Bratsk Aluminum Works is a responsible employer; our collective agreement has been named the most efficient in the industry. The company is also a reliable partner of the regional authorities in social issues”, BrAZ managing director…
DetailsThe 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…
DetailsThe 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…
DetailsMetinvest-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…
DetailsNLMK 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…
DetailsThe 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)
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…
DetailsRussian 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,…
DetailsThe 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…
DetailsIn 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…
DetailsRevenue 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…
DetailsPakistan 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…
DetailsKazakh 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…
DetailsSeligdar 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.…
DetailsThe representatives of the new owner of Nikolaev Alumina Works – Glencore – have promised to comply with the current contracts and keep jobs. “Glencore representatives arrived at the plant. They were shown around the enterprise and hold negotiations with the management. Glencore has confirmed that the transition period will last for some 6 months”,…
DetailsDneprovsky Iron and Steel Combine has completed the capital repairs of its blast furnace No. 9, at present it is operating 3 blast furnaces. According to the company statement, since the blast furnace has been commissioned after repairs (October 27) and as of November 13, it has produced 24.536 thousand tons of pig iron. “The…
DetailsIn January-September Dneprovsky Iron and Steel Combine produced 870 thousand tons of rolled metal, 891 thousand tons of steel, 855 thousand tons of pig iron and 1.321 million tons of sinter, all down by 45%, 43.6%, 43.8% and 51.5% YoY respectively. In October DMK produced 209 thousand tons of rolled metal, 208 thousand tons of…
DetailsTajik Aluminum Company intends to increase aluminum output to 1 million tons per year. For this in 2018 it will start constructing a new aluminum plant and will completely modernize the existing one. The new plant will be constructed by Yunnan. The Chinese company has already prepared the feasibility study and is developing the design.…
DetailsRuspolymet will cooperate with Hermith GmbH in the sphere of titanium wares supplies. According to the group chairman of the board Victor Klochay, Ruspolymet will supply titanium products manufactured of scrap. “In Q1 2018 we will commission the machinery to process scrap and produce titanium for various uses. For this order we will not use…
DetailsRevda Non-Ferrous Metals Processing Works has received the first 3 of 8 trawlers with bulk parts of SMS Group (Germany) pressing line. The parts have been traveling for some 30 days. To unload the bulk parts of the press a special crane with the lifting capacity of 250 tons has been ordered. The heaviest part…
DetailsKarabashmed is finishing the commissioning of the new mechanized raw copper pouring line. The trial starts of the line demonstrated a 2-fold decrease of pouring time – from 2 hours to 1. “This has allowed us to increase output and decrease delay time of the converter when the metal is poured. Previously because of the…
DetailsThe state enterprise Ukrzaliznytsia has ordered Metinvest-SMC LLC the delivery of rails valued at 682.27 million UAH. This year the company has to supply 26 thousand tons of R-65 rails of K76F steel with the length of 25 m at the price of 26240 UAH per ton. In June Metinvest sold such rails 7% cheaper…
DetailsIn Q3 Tulachermet, the largest pig iron manufacturer in Russia, received 223.5 million rubles of net profit. According to the company statement, Q2 saw the net loss of 427 million rubles. In January-September the net loss totaled 672.6 million rubles as opposed to 1.6 billion rubles of net profit in 9 months of 2016. Revenue…
DetailsFerrexpo, controlling Poltava and Yeristovo Mining and Processing Works, has attracted a 3-year $195-million loan. The loan has been organized by BNP Paribas and issued by 6 international entities. The loan has to be repaid by December 31, 2020. In January-September Ferrexpo exported 7.526 million tons of pellets. In 2016 the group received $189.2 million…
DetailsAccording to the Russian Steel Association, in 2017 local steel consumption will grow by 5.5% YoY. The previous forecast, published in June, presupposed the growth of steel consumption by 2%. “The positive dynamics of metal consumption is shown by the machine-building sector – 14%. Steel consumption by car manufacturers will increase by 9%, and by…
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