In August the shop of steel formed section of Severstal-Metiz set another record having made 8,960 pressings with the pressure of 2 thousand tons. In particular, tool manufacture reached 1 thousand pieces. “In 2017 we carried out a large-scale reconstruction of press equipment and renewed our manufacturing park of the tool shop. This helped us…
In June Russia exported 25.7 tons of long-rolled nickel products, down by 3.3% MoM and by 38.5% YoY. Exports to Hungary are growing, reaching 14.3 tons in June, up 2-fold MoM. At the same time deliveries to Ukraine fell 2-fold, to 1.7 tons, and to Latvia – to 2.3 tons. In 6 months exports totaled…
Last week the price of one ounce of gold decreased by 11.4495 manats or by 0.4%. Accordingly, the average price of one ounce of gold stood at 2,603.1114 manats. The price of one ounce of silver increased by 0.2987 manats or by 0.9%, to 32.0191 manats. The price of one ounce of platinum went up…
In June Russia imported 486 tons of ferroniobium, up by 204% MoM and by 6.2% YoY. Deliveries from Brazil grew 3-fold, to 474 tons, and 12 tons were supplied from Canada. In H1 ferroniobium imports totaled 2 thousand tons, down by 15.4% YoY. In monetary terms since the start of the year the exports have…
In January-August Irkutsk region extracted 16,118 kg of gold, up by 1% YoY. Ore gold companies accounted for the most output – 9,437 kg, up by 1.7% YoY. In particular, Polyus Verninskoye produced 5,341 kg, while Vysochaishiy and its daughter company Ugakhan – 3,346 kg. Druze LLC extracted the least gold – 750 kg. Alluvial…
Chelyabinsk Iron and Steel Works and Mechel-Koks have switched to a special mode of operation to decrease pollution during unfavorable weather conditions. ChMK has shut down a part of its machinery, and decreased output in a number of shops, as well as considerably reduced the gas usage at the operating machinery. Mechel-Koks is also working…
In January-August Ukraine imported 12.98 million tons of coal, down by 8.3% YoY, valued at $1.83 billion, down by 7.5%. According to the State Fiscal Service, Russia supplied $1.09 billion worth of coal (or 59.81%), USA – $596.65 million (32.63%), Kazakhstan – $85.54 million (4.68%) and other countries – $52.64 million (2.88%). At the same…
Nucor Corporation announced that Mr John J Ferriola 67 will retire as Chairman and Chief Executive Officer on December 31, 2019 and that the Board of Directors elected Mr Leon J Topalian, 51, to be President and Chief Operating Officer, effective September 5, 2019, and to succeed Mr. Ferriola as CEO on January 1, 2020,…