In January-April Kazakhstan produced 26772 kg of raw gold, up by 24.5% YoY. According to the Statistics Committee of the Ministry of national economy, raw silver output decreased by 10.1% YoY, to 357310 kg. (Ukrainian metal)
In January-March Azerbaijan imported 71630.6 tons of rolled steel, up by 24.9% valued at $43123.9 thousand. According to the Statistics Committee, ferrous bars imports dropped by 20.3%, to 14829.2 tons valued at $8608.9 thousand, ferrous angles imports went up by 23.7%, to 7654.4 tons at $5318.2 thousand, and pipes – decreased by 73.6%, to 20660.4…
Ingulets Mining and Processing Works, a part of Metinvest, has purchased two 130-ton BelAZs. The keys to giant trucks have been given to the best teams of the company. “InGOK uses only the best machinery in its operation. Within the investment program in May we put to new BelAZs into operation. The new machines are…
In January-April Russia increased output of raw gold and gold powder by 4.3% YoY. According to the statistics, in April gold output increased by 2.3% YoY, but dropped by 25.3% MoM. (Ukrainian metal)
Svetlana Ampilogova has been appointed the acting chief accountant of Zaporizhstal. According to the company press service the ex-chief accountant Natalia Mikhayskaya has been appointed the financial controller of Zaporizhstal. “Natalia Mikhayskaya has been a successful chief accountant, she has been developing the financial function of the enterprise. Now she heads the new for her…
Mechel held a shareholders’ meeting on May 17. The shareholders have approved deals with Gazprombank. Thus they have approved of changes to the suretyship agreement on securing the loan contracts of Yakutugol and Yuzhniy Kuzbass with Gazprombak, as well as pledging 25% +1 share of Mechel-Mining ordinary shares to the bank. (Ukrainian metal)
The Alvidprof company will start manufacturing aluminum sections on the territory of the Phoenix industrial park in Smolensk region by the end of 2018. Investments in the project total 400 million rubles. Alvidprof has become the first resident of the industrial park, the construction of which will finish in Q3 2018. (Ukrainian metal)
In January-March the Industrial Metallurgical Holding enterprises mined 542 thousand tons of coking coal, down by 28% QoQ. The decrease was the result of the planned disassembly and assembly of machinery at Butovskaya mine and the short calendar period of the first quarter. Berezovskaya factory decreased coal concentrate processing by 6% QoQ, to 644 thousand…