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Daily Archives: 23.09.2019

Russia: nickel matte exports up in July 2019

nickelBy admin23.09.2019Leave a comment

In July Russia exported 19.2 thousand tons of nickel matte to Finland, up by 183% YoY. In 7 months exports totaled 86.9 thousand tons, up by 75.3%. In monetary terns since the start of the year the exports have increased by 37.1%. Export prices dropped to $6.5 per kg. (Ukrainian metal)

Azerbaijan: precious metals market on September 16-20, 2019

precious metalsBy admin23.09.2019Leave a comment

Last week the price of one ounce of gold increased by 0.4675 manats or by 0.02%. Accordingly, the average price of one ounce of gold stood at 2,551.7102 manats. The price of one ounce of silver grew by 0.0184 manats or by 0.06%, to 30.3462 manats. The price of one ounce of platinum decreased by…

Azerbaijan: Anglo Asian Mining to start gold production in new fields

Anglo Asian MiningBy admin23.09.2019Leave a comment

Mining industry is one of the leading sectors in Azerbaijan’s economy. It holds the largest share in the industrial production of the country. Gold producer in Azerbaijan – Anglo Asian Mining Company is planning to start gold production in new fields. Electromagnetic prospecting showed that there was a new field in the vicinity of Gadabay.…

Russia: pig iron exports down in January-July 2019

pig iron exportBy admin23.09.2019Leave a comment

In January-July Russia exported 2.63 million tons of pig iron, down by 21.6% YoY, valued at $915 million, down by 25.6%. USA accounted for 45% of purchases, down by 31.3%. Italy decreased imports by 44.3%, to 18%, while Turkey increased by 50.2%, to 13.6%. The main exporters of pig iron are Ural Stal, Tulachermet and…

Russia: semis imports from Ukraine down in July 2019

semi-finished steel productsBy admin23.09.2019Leave a comment

In July Russia imported 31 thousand tons of steel semi-finished products from Ukraine, down by 40% MoM. In July 2018 imports did not exceed 25 tons. In February-April monthly deliveries were below 40 thousand tons. In January-July imports totaled 257.8 thousand tons, down 2.8-fold YoY. Average price in July was $408.6 per ton without VAT.…

Russia: magnesium imports up in July 2019

manganeseBy admin23.09.2019Leave a comment

In July Russia imported 903.6 thousand tons of magnesium, including scrap, up by 20% MoM and by 267% YoY. Deliveries from China grew to 790 tons from 752 tons. Another supplier was Hong Kong – 108 tons. In 7 months imports totaled 5.4 thousand tons, up by 67.4% YoY. In monetary terms since the start…

Russia: ChTPZ issues $300 million worth of eurobonds

ChTPZBy admin23.09.2019Leave a comment

Chelyabinsk Pipe Works has successfully placed an initial issue of eurobonds valued at $300 million with the rate of 4.5% and maturity in September 2024. UK investors accounted for 30%, Russian – 28%, continental Europe – 23%, Asian – 14% and US – 5%. Some 52% of the issue was purchased by asset managing companies,…

Russia: flat aluminum exports down in July 2019

aluminumBy admin23.09.2019Leave a comment

In July Russia exported 10.2 thousand tons of flat aluminum, down by 7% MoM and by 0.3% YoY. A quarter was exported to Poland, down by 29%. At the same time Ukraine, Finland and the US increased purchases by 65%, 43% and 29% MoM respectively. In 7 months exports totaled 70.7 thousand tons, up by…

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