In 2017 Rusal increased revenue from $7.983 billion to $9.969 billion. Mostly because of the aluminum price rise by 22.7% (to $1968 per ton), increase in the primary aluminum and alloys sales by 3.6% and the growth of the high added value products sales from 44% to 47.3%. EBITDA grew by 42.4%, to $2.12 billion,…
Novokramatorsk Machine-Building Works will ship 4 ore mills to Yuzhuralzoloto (Russia). “The company has started fulfilling a large order to produce innovative ore mills for our long-time partner, to whom we have sent a dozen mills over the past 10 years”, NKMZ said in a statement. Four mills form the first batch. But the final…
In 2017 sales volume of metal products made by PJSC ArcelorMittal Kriviy Rih exceeded 5.4 million tons, out of which 64% accounted for finished products (rebar, wire rod and sections). Sales of square billet reduced by 4% comparing to 2016, from 33% to 29%. The considerable growth of sales was recorded in the segment of…
Vorkutaugol has started assembling a multi-functional safety system at the Vorkutinskaya, Zapolyarnaya, Komsomolskaya and Vorgashorskaya mines. In December 2017 the mines started receiving the Strata system components, produced in Russia, Kazakhstan, USA and South Africa. In January Alpha-Safety specialists arrived to implement the system. When the system is launched in July, its three main options…
AzerGold is looking for a contractor to carry out prospecting drilling. According to the company statement, the selection will be based on the results of an open tender. The cost of participation is 250 manats. The company accepts offers until April 13. The tender will be held on April 16. AzerGold was created on February…
In January VSMPO-Avisma manufacturing plan was 102.17% fulfilled. According to the company manufacturing director Oleg Ryabov, the shops Nos. 1, 20, 31, 37 and 38 coped with the task the best. Not even long New Year holidays prevented them from reaching the target. (Ukrainian metal)
In 2017 KAZ Minerals gross income from sales grew 2-fold YoY, to $1.938 billion. “The increase mainly has to do with the growth of Bozshakol and Aktogay input of $439 million and $462 million respectively, on the background of the strengthening market”, the group said in a statement. The gross income from the sales of…
In 2017 Russia increased metal exports to Ukraine by 9.3% YoY, to 602.3 thousand tons. According to the customs statistics, money-wise exports increased by 42.1%. These are the highest results since 2014. Flat rolled metal accounted for 46% of all exports, up by 14.3%. Sections exports grew by 0.5% to 40%. Steel pipes accounted for…