Russia: Rostec to increase gold projects

The Rostec state corporation will receive a third part of the project to extract gold in Irkutsk region. Analysts find it difficult to estimate the cost of the project, which is still on the level of prospecting, but consider it attractive, taking into account the high gold content in ore. Rostec will receive 35% in…

Russia: CherMK output of galvanized metal for construction up in November 2019

In November Cherepovets Iron and Steel Works produced the maximum monthly amount of metal at the continuous hot-dip galvanizing machine No. 4 – 31,027 tons. These products are in high demand in construction, machine-building and lightweight metal structures manufacture. The galvanized rolled metal with trivalent chrome coating had a high share in orders. In November…