In January-July Mariupol Ilyich Iron and Steel Works produced 1.568 million tons of rolled metal, up by 5.7% YoY. Steel output increased by 4.3%, to 1.76 million tons, pig iron – by 2.4%, to 2.262 million tons. In July the company produced 242 thousand tons of rolled metal, 272 thousand tons of steel and 400…
In January-June KAZ Minerals produced 118 thousand tons of copper, up by 110% YoY. Bozshakol and Aktogay yielded the most to the result. According to forecasts, copper output at Bozshakol in 2017 will double to 95-110 thousand tons, at Aktogay it is expected to increase to 65-85 thousand tons. (Ukrainian metal)
In January-July Amur region obtained 14.4 tons of gold, up by 24% YoY. Ore gold yielded the most – 10.79 tons, with alluvial gold at 3.61 tons, up by 28% and by 14% YoY respectively. The Petropavlovsk Group of Companies is the leader in ore gold. As to alluvial gold, Priisk Solovievsky has so far…
The refining department of the chemical-metallurgical shop of Uralelectromed has put into operation a new induction unit to smelt gold into ingots. The cost of the machine is 2.8 million rubles. The Parallel IPT-25-10 unit has been designed at the customer order within the program of outdated machinery modernization and replacement. It can produce 2…
Chelyabinsk Iron and Steel Works has received the certificate of compliance with TSI for two of its types of rails. The certification is one of the main conditions to supply rails to the European Union. The certificate covers 60E1 and 60E2 rail sections. These products are in demand in the EU where they are widely…
The growing prices on the world market and the weakening of the ruble will be the main reasons for the increase of the metal products price on local market in September. MMK has already informed many of its customers of the price increase in September – by 10-18% on rolled metal, including coated. The seasonal…
In January-June the share of metal and metal wares in the total export volumes to the far foreign countries reached 9.9% from 9.8% in H1 2016. The value of the exports increased by 30.8%, while their volume dropped by 3.9%. According to the Federal Customs Service, pig iron exports fell by 15.5%, aluminum – by…
The second largest nickel manufacturer in Russia – Ufaleinickel – will stop operating. On August 7 the company shareholders voted for the liquidation of the enterprise. According to Ufaleinickel representative Olga Markina, the process will be long. The board of directors is still looking for investors, but so far there have been no agreements. As…
