Gold and silver prices increased in Azerbaijan on May 8 compared to the prices of May 7. The price of gold grew by 7.565 manats, to 2,188.1125 manats per ounce. The price of silver went up by 0.0697 manats, to 25.4159 manats per ounce. At the same time the price of platinum decreased by 13.396…
Composition of the Board of Directors of Kyrgyzaltyn OJSC has changed. Zamirbek Alymbekov replaced Anvar Estemesov. In addition, Askar Oskombaev (Chairman) and Suerkul Bakirov remained members of the Board of Directors. Suerkul Bakirov became a member of the Board of Directors in December 2018 after Emil Osmonbetov was appointed the Chairman of the State Committee…
Reddragmet Engineering is commissioning manufacture of tungsten concentrate of tail dumps of Bom-Gorkhonskaya Processing Factory in Zabaikalye region. The company specialists have already started assembling two processing modules. The trial commissioning is scheduled for May 15. The company plans to extract tungsten concentrate from waste. The total volume of tail dumps of the factory is…
A plant to produce tool steel is under construction in the Yurino hamlet in Mariy El. The company is being created under a priority project of investment cooperation between the republic and Chinese regions. Investments are estimated at some $5 million, with 80 million rubles already spent. The design capacity of the plant will be…
The medium-section shop of Evraz ZSMK has produced 50 million tons of rolled metal since commissioning of its mill-450. The mill-450 was put into operation in 1976 as one of the largest rolling mills of the USSR. Now the shop produces around 600 thousand tons of construction rolled metal per year. Evraz ZSMK is the…
In late April – early May, Ukrzaliznytsia announced new auctions to sell scrap. In particular, the company will sell 8 lots of scrap with the combined volume of 47.9 thousand tons through the Prozorro system. The first three lots, announced on April 27, will be auctioned on May 10. Another 5 lots, announced on May…
Chelyabinsk Pipe-Rolling Works has purchased a part of its own shares in order to decrease its statutory fund. The price of the buyback was 114.42 rubles per share. The total number of shares reached 166,666,132. The company has to pay for the shares not later than on May 21. The seller was Pervouralsky Pipe Works,…
In January-April, Ukraine received $3.18 billion from the exports of ferrous metals, down by 8.8% YoY. According to the State Fiscal Service, ferrous metals accounted for 19.44% of the total exports as opposed to 22.57% last year. In April revenue from the exports of ferrous metals totaled $764.49 million. In 4 months Ukraine decreased ferrous…
