OMZ-Spetsstal has signed a partnership agreement with a major trader on the tool steel market – Interstal, which will promote its products in Belarus. The yearlong agreement will allow OMZ-Spetsstal improving the efficiency of sales on the Belarusian market, while Interstal will increase its product portfolio. The company customers are over 400 enterprises, including MAZ,…
Azerbaijan increased its silver production by 22.1% in 2019 compared to 2018. The country produced 3,218.1 kg of silver in January-October, the State Statistics Committee reported. In particular, silver mining in Azerbaijan amounted to 348 kg in October. Reserves of mined silver in the warehouses of manufacturing companies were 36.3 kg as of October 31.…
In September Russia imported 7.6 thousand tons of ferrosilicomanganese, down by 48% MoM and by 23% YoY. Deliveries from Georgia and Kazakhstan dropped by 64% and by 6%, to 2.6 thousand tons and 5 thousand tons respectively. In 9 months imports totaled 135 thousand tons, down by 5% YoY. In monetary terms since the start…
Maristyi LLC, developing alluvial sites in Amur region, has extracted 622.8 kg of gold this season, up by 19% YoY. Last year the output totaled 522 kg. The company operates on the territory of the Zeisk district. As of June it had 29 licenses to use subsoil, including 4 for prospecting. (Ukrainian metal)
One of the largest malls in Russia – the VEER mall in Yekaterinburg – is being constructed out of flanged beams manufactured at the Evraz NTMK. The seamless rolled flanged beams provide more strength to the structure, as they can withstand more load compared with welded flanges. The metal is supplied by Evraz Metal Inprom.…
Russian metals producer Norilsk Nickel does not rule out holding an initial public offering (IPO) of the Bystrinsky GOK ore-dressing plant project after 2020, CFO Sergei Malyshev announced. “IPO is one of the market tools for this project. A decision by shareholders whether to hold or not to hold the placement must be made. We…
In January-September DTEK Pavlogradugol received 7.9 billion UAH of profit, up by 46% YoY. Net income totaled 25 billion UAH, the prime cost of the manufactured products – 14.7 billion UAH and the gross profit – 10.3 billion UAH. In 9 months the enterprise mined 14 million tons of coal. DTEK owns 100% of the…
