Metals and mining

Taganrog metallurgic plant closes its last open-hearth furnace

The last open-hearth furnace has been closed at the Taganrog metallurgic plant (Tagmet), which is a part of TMK Pipes. This was the last steel-smelting facility of this type at TMK Pipes’ enterprises.
The Vice Governor of the Rostov region S.Gorban, the Deputy Governor and Minister of Industry and Energy A.Grebenshikov, the Minister of Economic Development of the Rostov region A.Levchenko, the Taganrog’s mayor V.Prasolov and other representatives of Administration and Chiefs of Taganrog’s enterprises took part in the solemn closing ceremony. Representatives of Russian oil and gas companies, which are the main consumers of the pipe products, made at the Taganrog metallurgic plant and TMK Pipes – Rosneft, Gazprom, Surgutneftegaz, Bashneft and other – also took part in solemn events. Representatives of the plant’s staff, workers and veterans of the open-hearth shop were among guests.
In advance of official solemn part numerous guests of the Taganrog metallurgic plant, accompanied by the TNK Pipes’ General Director Alexander Shiryaev and the Tagmet’s CEO Dmitry Livshits saw the main shops of the plant and acquainted themselves with new arc furnace, steel vacuum treatment installation, continuous-casting machine and tube-rolling complex with continuous mill PQF.

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Kazakhstan expects an increase in gold production by 15% in 2013

Kazakhstan plans to increase its gold production by 15% in 2013 to 46 tons, the Minister of industry and New Technologies, Aset Isekeshev said to journalists on Wednesday.
The National bank will buy 26 tons of fine gold of this volume, he added.
According to the Statistics Agency, 40 tons of green gold were produced in the country in 2012, 21 tons of them were fine gold.
“This year – these are preliminary figures – about 46 tons of gold will be produced, but 26 tons of them will be bought by the National bank,” – Isekeshev said at the briefing.

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Metal consumption in the Ukraine reduces by 3%

Metal consumption by the Ukrainian industrial enterprises reduces by 3.08%  to 6.3 million tons in 2013, the CEO of Metinvest-SMC D. Lippa says. Rolled steel sales to retail buyers will be 2.6 million tons, the same as in 2012. Mr. Lippa explains the negative tendency in metal consumption by the recession in the industry, in the railway car building sector in particular.

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Metal consumption in the Ukraine reduces by 3%

Metal consumption by the Ukrainian industrial enterprises reduces by 3.08%  to 6.3 million tons in 2013, the CEO of Metinvest-SMC D. Lippa says. Rolled steel sales to retail buyers will be 2.6 million tons, the same as in 2012. Mr. Lippa explains the negative tendency in metal consumption by the recession in the industry, in the railway car building sector in particular.

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In Q3, VIZ-Steel increases its production by 7%

In the third quarter of 2013, VIZ-Steel increased the production of transformer rolled metal by 7% as compared with the same period of 2012 and by 29% as compared with the second quarter of 2013 to 44.4 thousand tons. The specific content of the premium transformer steel (3408-3409 grades) in the total production volume made up 98%.

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Annual volume of the Russian geological exploration market is 400 billion rubles

The annual volume of the Russian geological exploration market is 400 billion rubles, and the private subsoil users share 90% of the sum, the CEO of the Russian Geology R. Panov says. The budget of the Russian Subsoil Use Management Agency shares 40 billion rubles in the sum. The Russian Geology gains 45% of its profit from hydrocarbons geological exploration, and solid minerals share the rest.
Translated by Nadezhda Poltoratskaya       
Source:  http://www.oilru.com/news/385980/

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Kazakhstan will cancel 40 contract for non-operating subsoil sites before the end of the year

Kazakhstan will cancel 40 contract for non-operating subsoil sites before the end of the year the Minister of Industry and New Technologies of Kazakhstan A. Isekeshev says. He claims that the work will be prolonged until the day when all deposits work appropriately for the state. Commenting about revision of the subsoil use contracts, he states that many projects and programs were closed 7-10 years ago, and they were built in rather underrated liabilities for the investors, in his opinion.

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Kazakhstan will tender at least 50 sites for geological exploration

The Ministry of Industry and New Technologies of Kazakhstan is going to tender at least 50 sites for geological exploration in the sphere of solid minerals, the Minister A. Isekeshev says. Kazgeologiya company has activated geological exploration nearby minor towns. It started geological exploration nearby 3 towns, has drilled over 350 wells, and explores methane and other minerals.
Translated by Nadezhda Poltoratskaya       

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Representatives of Alcoa visit VSMPO-Avisma

Representatives of Alcoa visited the industrial site of VSMPO-Avisma in Upper Salda, the Sverdlovsk Region.
The delegation was headed by the COO of the global group of forging and pressing production Eric Roegner. The delegation mostly consisted of the top managers of Alcoa SMZ.

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Norilsk Nickel produced almost 280 thousand tons of copper in Jan-September

Copper production by Norilsk Nickel is down by 2% in Q3 against Q2, 2013. It made up 92.5 thousand tons.
The main reason of the reduction is te termination of the contract on the sale of copper cake between Norilsk Nickel Harjavalta and the Swedish concern Boliden.

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