In January-September consumption of metal structures in Ukraine grew by 3.16% YoY, to 98 thousand tons. Output in the non-housing construction segment increased the most – by 50.5%, to $1.22 billion. Construction companies account for 80% of local demand for metal structures. (Ukrainian metal)
VEB.RF has provided the first tranche to finance development of the design documentation on the Tomtor rare-earth metals deposit. The loan agreements between VEB.RF, Vostoc Engineering and Krasnokamensk Hydrometallurgical Works were concluded in September. The total amount of the loan is 1.5 billion rubles. The Tomtor deposit is situated in the Republic of Sakha and…
The Alardinskaya mine has become a leader in fulfilling annual output targets among Raspadskaya Coal Company enterprises. The mine has extracted 2.52 million tons of coal. Most of the coal was mined from the long face 6-1-20 commissioned in March. Monthly output amounted to 300-350 thousand tons. (Ukrainian metal)
In January-September the demand for ChTPZ large-diameter pipes grew by 56 thousand tons, or by 2% YoY. In particular, the demand on the domestic market increased by 104 thousand tons, or by 6%, while on the CIS market dropped 3.5-fold, to 213 thousand tons. Exports to far countries went down by 39%, or by 246…
In September Russia exported 15 thousand tons of aluminum wire, down by 4% MoM, but up by 52% YoY. Deliveries to Poland dropped 2-fold, to 940 tons, and to Belarus to 2.6 thousand tons (from 2.7 thousand in August). At the same time exports to Switzerland grew by 13%, to 4.1 thousand tons, and to…
Lithuanian and German law enforcement detained 30 suspects in operation targeting illicit traders in precious metals, with over 1 million euros seized in cash. “Coordinated measures have been taken in Germany and Lithuania, officers have seized 1.03 million euros in cash,” Darius Valkavičius, a chief prosecutor at the regional prosecutor’s office in Kaunas, Lithuania’s second-largest…
Belarus Iron and Steel Works has signed agreements to supply metal products valued at $40 million to Russia. The company has participated in the MetalExpo exhibition, where the corresponding contracts have been signed. In particular, Russian companies were interested in purchasing seamless pipes, rolled wire, structural rolled metal and wire. Russia is the main importer…
Darasunsky Mine LLC has created an enterprise in Zabaikalye region – Talatuysky Mine LLC. The company owns 95% in the new enterprise, and Vulkan LLC – another 5%. The main activity of the enterprise is extraction of precious metals ore and sands. Darasunsky Mine LLC owns a license to mine for gold and silver at…
