Russia Metals and Mining

Listvyazhnaya mine puts into operation a new face with the industrial reserves of 1.7 million tons of coal

 
The modern automated complex will provide for a high level of productivity and safety of the mining works.
The mining is conducted by the brigade of Igor Ivanov.
In 2013 the miners of Listvyazhnaya are going to bring to grass 4.3 million tons of coal – by 886 thousand tons more than in 2012. In prospect the mining can increase to 10 million tons.

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Severstal directed over 9.5 million roubles for an installation of basic equipment at SSM-Tyazhmash

There has been carried out a group of actions on the installation of basic equipment at “SSM-Tyazhmash” Ltd (part of “Severstal Russian Steel”) within the framework of the annual investment programme of the enterprise.
There has been set up a ventilation system, pre-explosive concentration detectors on the stands of ladles drying and heating; constructed gas pipelines and carried out an updating of the network equipment to support the IT-infrastructure.

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Nord Gold to mine more than 26 tons of gold in 2013

Nord Gold announced the operation results of Q3 and the nine-month period of 2013. In Q3 gold production made up 244.7 thousand ounces of gold equivalent – by 26% more than in Q3, 2013 (194 thousand ounces) and by 5% more than in Q2, 2013 (232.6 thousand ounces). For the first nine months 2013 the production has made up 661 thousand ounces – by 28% more than in 2012.
The growth of gold mining is conditioned by a number of factors, particularly, the mining at Neryungri and Aprelkovo increased by 63% and 40% respectively. Total production at both mines made up 33.6 thousand ounces.

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Zelyonaya rosha has attracted non-ferrous metal working plant

The administration of the industrial parks of the Orel region and the Mtsensk non-ferrous metal working plant have concluded an agreement on construction of a copper products plant in the territory of the industrial park Zelyonaya rosha.
Today the Mtsensk non-ferrous metal working plant completes engineering works, carries out pre-construction activities on organization of the zero circle construction.

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Raspadskaya increased coal production by 18%

In Q3, Raspadskaya increased coal production by 18% to 2 million tons. In January – September, coal concentrate sales increased by 37% to over 4 million tons.
The inner-group supplies to Evraz enterprises in Russia and the Ukraine shared 1/4 in total coal sales of the company. Within the period, exports shared 40% in the total sales, that distributed to 70% to the APO region and 30% to the Ukraine.

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CIS flat section exporters have to reduce prices for their products

In the end of the first decade of October, the Russian and the Ukrainian flat section producers have restarted bidding offering to the Turkish, European and Middle Eastern buyers their products for the November contracts. As it was awaited, the first results of this bidding appeared not favorable very much for the suppliers. Under the influence of weak demand for flat sections and common negative tendencies at the global steel market, the exporters had to lower the prices by $10-20 per ton in comparison to the former month.

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Exporters of flat section from CIS have to reduce the quotations for their products

At the end of the first ten-day period of October Russian and Ukrainian producers of flat section went on with offering their products to the consumers in Turkey, Europe and Middle East against November contracts. As it had been expected, the first results of this trading were not very good for the suppliers. As the demand for flat sections was weak and the common tendencies at the world market were negative, the exporters had to reduce the quotations by $10-20 per ton compared to the previous month.

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Korea to transship Russian coal

KOWEPO might construct a terminal in Primorie

A new large project of the coal terminal with the capacity of 20 mln tons a year has been announced in Primorie. KOWEPO (Korea) wants to be an investor, which has earlier announced of its investment plans into the Russian energy sector. “Rosenginnering” group (Russia) will be its partner. The majority of the rest planned terminals in the Far East will be captive, and the idea of the coal port of “equal access” is supported by the Government of Russia. Analysts doubt KOWEPO will manage to occupy this layer. Read more »

Severstal to build heat-treating machine to increase production of EHS steel

The Cherepovets metallurgical complex, one of the largest integrated steel plants in the world (Severstal Russian Steel Division) will put into operation a new heat-treating machine in 2013. The total value of the project will make up 246 million rubles.

The project is aimed at the increase of the production of mill-2800 thick plate out of EHS steel with new application properties for such branches of industry as shipbuilding, bridge building and the production of heavy duty machines. Read more »

Irkutsk affiliate of the First freight company becomes the exclusive partner of the Siberian coal energy company on transportation of coal from the Apsatsk coal open-cast

The Irkutsk affiliate of the First freight company (PGK) has become the exclusive partner of the Siberian coal energy company (SUEK) on the transportation of coal from the Apsatsk coal deposit in the Transbaikal region, the PGK’s press centre reports.

The monthly volume of the coal transportation from the Apsatsk coal deposit must be increased due to the development to 34.5 thousand tons before the end of 2012, the company expects. Read more »

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