In January-March silver output in Russia decrease by 10.9% YoY, to 223.28 tons. The drop is due to the decrease of secondary silver deliveries to refining works – by 34%, to 47.93 tons. At the same time silver extraction remained almost on the previous level – 99.2 tons. Output of accompanying silver did not change…
In January-March, Russia produced 58.12 tons of gold, up by 12.6% YoY. Gold extracting grew by 15.5%, to 45.95 tons. Manufacture of accompanying gold totaled 4.32 tons, up by 21%, and of secondary gold – 7.85 tons, down by 4.9%. The main suppliers of gold were Magadan region and the Chukotka Autonomous District. (Ukrainian metal)
According to the Federal Service of State Statistics, in January-April, Russia produced 1.5 million tons of metal structures, up by 18.1% YoY. In April, metal structures output grew by 6.5% YoY and by 0.5% MoM. (Ukrainian metal)
In January-March, Mechel produced 930 thousand tons of steel, down by 12% YoY, but up by 3% QoQ. The manufacture of bars totaled 607 thousand tons, down by 11% YoY and by 2% QoQ, and flat rolled metal – 114 thousand tons, down by 17%, but up by 26% respectively. Bars manufacture at the rail…
In January-March, Mechel net profit grew 3.44-fold YoY and 7-fold QoQ, to 11.336 billion rubles. Gross profit increased 3.3-fold YoY, to 11.714 billion rubles. EBITDA dropped by 17%, to 15.322 billion rubles, though it grew by 2% QoQ. The group net debt as of March 31 was 456.585 billion rubles ad opposed to 467.704 billion…
In March, Turkey decreased pig iron exports by 23.4% YoY, to 235 thousand tons. According to TUIK, money-wise imports dropped by 25.7%, to $120 million. In particular, deliveries from Ukraine decreased by 54%, to 50 thousand tons, and from Russia by 3.57%, to 258 thousand tons. (Ukrainian metal)
