In April railroad deliveries of rolled metal produced by NLMK to domestic customers and abroad totaled 1.08 million tons, down by 9.8% MoM, but up by 5.5% YoY. In March the results were +19.2% and +3.4%, while in February –11.4% and +2.3% respectively. In January-April the company shipped 4.4 million tons of metal, up by…
Zlatoust Electrometallurgical Works has finished assembly of railroad to transport the floor-type loading machine at the thermal annealing furnaces site being constructed in the rolling shop No. 3. The foundation for the rails with the length of 48 meters each has been completed. At present the floor-type loading machine is being assembled. Bosio annealing furnaces…
Uralelectromed has started modernizing the pouring complex of the anode furnace No. 2 at the copper-smelting shop with the unification of two anode removers for two types of anodes – 260 and 392 kg (at present the complex produces anodes weighing 260 kg). This year the company will commission the second stage of the copper…
The board of directors of the Russian gold producer GV Gold has recommended that the shareholders approve payment of 2.238 billion rubles, or 40.6973 rubles per common share, in dividends for 2017, the company said in a statement on may 15. The amount includes 12.731 rubles per share of interim dividends for January-June 2017. The…
NLMK Group, a global steel company, announces that Sergey Karataev has decided to step down as NLMK Group’s Acting CFO. He has decided to continue his professional growth beyond the financial function as First Deputy General Director of Freight One (PGK), NLMK Group’s affiliate. NLMK Group is currently considering candidates for the CFO role. Details…
The gross output of raw and semi-processed gold in the powder form reached 28,848 kg in January-April, up by 8.4% YoY. The overall output of raw and semi-processed silver in the powder form amounted to 334,194 kg, down by 6.5% YoY, the Statistics Committee of the Kazakh National Economy Ministry reports. (Kazinform/Ukrainian metal)
A delegation of the European Union and the International Atomic Energy Agency has arrived in Kyrgyzstan to study uranium heritage sites in Mailuu-Suu town, Jalal-Abad region. It is expected that experts will visit the tailing dumps in Ailampa-Sai, Kulmen-Sai, Koy-Tash valleys, as well as tailing dumps Nos. 6, 20 and 21. The specialists will be…
The prices of the main precious metals decreased in Azerbaijan on May 15, according to the data published by the Central Bank. The cost of gold decreased by 14.1695 manats, to 2228.802 manats per troy ounce compared to the price on May 14. The cost of silver decreased by 0.3847 manats, to 28.0122 manats per…