In January-November Ukraine increased pipe output by 5.7% YoY, to 1.019 million tons, including 78.2 thousand tons in November. In particular, Ukrtrubprom enterprises produced 732.7 thousand tons of pipes in 11 months, up by 14.1% YoY, including 55.4 thousand tons in November. Khartsyzsk Pipe Works and Lugansk Pipe Works were idle. Interpipe-NTZ produced 255.6 thousand…
Precious metal prices increased in Azerbaijan on December 26. The price of gold grew by 6.9275 manats, to 2,163.4455 manats per ounce on December 26 compared to the price on December 25. The price of silver went up by 0.0724 manats, to 25.1938 manats per ounce. The price of platinum increased by 5.882 manats, to…
Last year Kyshtym Electrolytic Copper Plant produced 128 thousand tons of copper cathodes, setting a historical record. According to the company CEO Andrei Kudryavtsev, it also produced 155 thousand tons of anodes and over 95 thousand tons of wire rods. This year the company is expected to manufacture 88.5 thousand tons of wire rod (the…
Next year Chelyabinsk Zinc Works intends to increase zinc and alloys output by 4.7% YoY, to 200 thousand tons. This is the maximum capacity of the plant. The further increase of output is as yet impossible. Following a large fire at Electrozinc in October and its subsequent shut down, ChelZinc remains the only UMMC enterprise…
Kuzbassrazrezugol has commissioned the most powerful Russian excavator EKG-35 No. 1 at the Krasnobrodsky pit. Uralmashzavod started designing the machine in 2012 according to Kuzbassrazrezugol specifications. In 2017 the excavator was assembled and in March entered trial operation. In June-July the machine loaded 900 thousand cubic meters of rock. Next year Kuzbassrazrezugol intends to buy…
Vyborg Ship-building Works is one of the key partners of Sanesta-Metal. The company supplies steel pipes to the plant. In 2017-2018 some deliveries were connected with the projects to construct fishing trawlers of new generation. Two freezing trawlers are being constructed at the order of the Arkhangelsk Trawler Fleet. The plant is also building 4…
Ural Mining Metallurgical Company (UMMC), one of the top Russian producers of copper, zinc and other precious metals, has signed a debut EUR 100-million syndicated loan. Mandated Lead Arrangers, Bookrunners and Lenders are Raiffeisen Bank International AG, AO Raiffeisenbank, PJSC Rosbank and Societe Generale. Raiffeisen Bank International AG and AO Raiffeisenbank acted as documentation agents…
In November Ukraine exported $57.775 million worth of pipes, down by 6.1% YoY, while imports grew by 77.6%, to $18.965 million. According to the State Fiscal Service, USA imported the largest batches of pipes – $11.506 million. In January-November Ukraine exported $681.476 million worth of pipes, up by 33.4% YoY, while imports increased by 50.9%,…
