In January-June Russia extracted 142.223 tons of gold, up by 11.41% YoY. The growth is due to the Natalkinskiy Mining and Processing Works in Magadan region reaching its design capacity. Petropavlovsk has commissioned its autoclave manufacture and until the end of the year intends to get 15.5 tons of gold. Russia is expected to produce…
In June Russia imported 28 tons of molybdenum including scrap, up by 63.2% MoM and by 77.8% YoY. China increased supplies by 22%, to 12.2 tons. After a drop in May imports from Germany grew 2-fold, to 14.4 tons. In H1 molybdenum imports totaled 157 tons, up by 2.4% YoY. In monetary terms since the…
In June Russia imported 7.7 tons of tungsten including scrap, down by 25% MoM and by 82% YoY. China supplied 7.1 tons, down by 17% MoM. In H1 tungsten imports totaled 64.3 tons, down by 35% YoY. In monetary terms since the start of the year imports have dropped by 16.2%. Import prices in June…
Since the start of the year Mechel-Service has supplied almost 2.5 thousand tons of rolled metal for the construction of the Moscow subway. Most of the products – rebars, sheet and beams – are manufactured at Chelyabinsk Iron and Steel Works. Metal wares, strips and shaped sections are also supplied to the construction site. Cold-deformed…
ArcelorMittal Kriviy Rih has opened its second metal warehouse in Odessa. The new site has a size of 6 thousand square meters and can accommodate up to 10 thousand tons of metal products. The second warehouse in Odessa is aimed at increasing sales in the southern regions. The choice of Odessa was stipulated by a…
Times of India reported that Maruti Suzuki has decided to set up a old vehicles dismantling plant along with a subsidiary of Toyota. The venture between Maruti and Toyota Tsusho India will supply, dismantle and process end-of-life vehicles, and market and sell scrap and other products generated from such activities In doing so, the Maruti-Toyota…
Eastern China’s Shagang has raised the list prices for its rebar and wire rod booked in mid-September. The mill is selling its HRB400 16-25mm rebar at 3,820 yuan ($537) per tonne over the September 11-20 period, up 100 yuan per tonne from its… Source of information
The European Commission implemented amendments to the EU’s safeguard measures starting from 1 October. The effects of these changes are expected to be relatively limited, however, Indonesia is losing its developing country exemption that is likely to restrict their export volumes of stainless into the EU significantly. The European Commission implemented adjustments to the safeguard…