In Q3 steel output grew by 1% QoQ, to 4.4 million tons and was flat YoY; capacity utilization rate remained high at 99%. Group sales in Q3 increased by 1% QoQ and by 4% YoY, to 4.4 million tons. Sales totaled 4.4 million tons (+1% QoQ). This growth was supported by the increase in long…
The price of one ounce of gold increased by 38.2925 manats or by 1.9% last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2,037.1134 manats. The price of one ounce of silver grew by 0.1437 manats or by 0.58%, to 24.5394 manats. The price of one ounce of platinum…
Prices of gold, silver and platinum increased in Azerbaijan on October 15, according to the data published by the Central Bank. The price of gold grew by 44.0205 manats, to 2,077.6295 manats per ounce on October 15 compared to the price on October 12. The price of silver went up by 0.0919 manats, to 24.8843…
Zaporozhye Titanium and Magnesium Works has ordered the Khimvector LLC the delivery of ilmenite valued at 20.7 million UAH. This year the company has to deliver 3 thousand tons of ilmenite concentrate according to TU U 13.2-30912734-001:2011 with the undisclosed content of TiO2 at 6900 UAH or $244 per ton to the Zaporozhye Levoye station.…
VSMPO-Avisma is reconstructing the sludge pipelines from the sludge tanks. The project was entered into the investment plan back in 2016. The company has created a new dam and used 12.8 thousand cubic meters of rock to make it. The sludge pipelines are 518 meters long. One line has already been tested and commissioned. The…
Power-generating coal output in Krasnoyarsk region in January-September grew by 26% YoY, to 780 thousand tons. Coal in the region is mined at the Sayano-Partizanskiy pit, an asset of SAFMAR. Taking into account favorable market situation, this year the pit could for the first time in its 15-year history reach the annual output of 1…
The Board of Directors of MMC Norilsk Nickel, the world’s largest refined nickel and palladium producer, has set the Extraordinary General Meeting of shareholders (EGM) date on September 19 and the EGM record date (the list of shareholders eligible to vote) on August 27. The Board of Directors has recommended for the EGM approval of…
The general meeting of Nord Gold SE, the internationally diversified gold producer, was held on September 28, at the offices of Celtic Resources Holdings Limited, Fetcham Park House, Lower Road, Fetcham, Leatherhead, Surrey, KT22 9HD. At the meeting, the resolutions set out in the notice of the meeting were proposed and passed on a poll.…
