Georgia: steel pipes imports up in 2016

According to the National Statistic Service of Georgia, in 2016 the trade turnover with Turkey, the second largest trade partner of Georgia, reached $1.52 billion, with exports at $173.56 million, down by 7.1% YoY, and imports at $1.35 billion, up by 1.8% YoY. In 2016 Georgia imported 63588 tons of steel pipes from Turkey valued…

Russia: Moscow shuts down Rezhnickel

The Moscow shareholders of Rezhnickel, a part of Rusnickel, have started shutting down the works. Some 850 employees will be sent to forced vacation with two thirds of salary. Around 100 employees will be left looking after the shops. The machinery could be put back into operation as soon as the market situation improves. But…

Ukraine: Firtas’ titanium business working positive in 2016

In 2016 the two mining and processing works of Group DF (Mezhdurechensky GOK and Valki-Ilmenit) produced 170.2 thousand tons of 42% ilmenite concentrate (Ti2o). The maximum capacity of Mezhdurechensky GOK is 200 thousand tons of ilmenite concentrate per year, that of Valki-Ilmenit – 65 thousand tons. Group DF investments into the development of the two…