The steel output of Magnitogorsk Iron and Steel Works (MMK) fell by 7.8% QoQ, to 3.112 million tons in October-December 2018, the company said in a statement. Cast iron output decreased by 2.4%, to 2.558 million tons. In 2018, the company’s steel output went down by 1.5%, to 12.664 million tons, and cast iron output…
Russia’s output of unrefined and semi-refined or powder platinum and platinum group metals decreased by 38.4% YoY and by 19.2% MoM in December 2018, the Federal State Statistics Service said in a statement without disclosing absolute figures. Silver output fell by 17.4% YoY and by 8.9% MoM. In 2018, the output of platinum and platinum…
Gold and silver prices increased in Azerbaijan. The price of gold grew by 0.663 manats, to 2,179.485 manats per ounce on January 25 compared to the price on January 24. The price of silver went up by 0.0467 manats, to 26.0987 manats per ounce. The price of platinum increased by 14.3225 manats, to 1,367.9475 manats.…
The state enterprise Ukrpromvneshexpertisa forecasts that in February ferrous scrap metal prices on the local market will drop by 3.4-16%, to 5.7-7.9 thousand UAH per ton. Until mid-February some drastic change of price is not expected, as rolled metal manufacturers will only begin testing opportunities to raise prices for their products. In March the increase…
