Russia: MGOK commissions truck scales
Mikhailovsky Mining and Processing Works has put into operation its second truck scales. They will increase shipping volumes 2-fold. The lifting capacity of the new equipment is 100 tons. (Ukrainian metal)
Russia: Svobodniy Sokol supplies piles to Austria and Germany
In May Svobodniy Sokol made another successful delivery of pile products of high quality pig iron to Europe. 800 meters of piles with the diameter of 170 mm were shipped to construction sites in Austria and Germany via Ingenieurburo Maurer R. In July the company intends to send another batch of 825 meters of piles…
Russia: tungsten ore exports up in April 2019
In April Russia exported 125 tons of tungsten ore and concentrate, up by 96% MoM and by 102.4% YoY. All the materials were exported to the South Korea. In January-April exports grew by 20.1% YoY, to 375 tons. Since the start of the year in monetary terms the exports have increased by 0.8%. In April…
Russia: Svetloye gold output up in Q1 2019
Since 2016 Svetloye LLC, a part of Polymetal, has produced 10 tons of gold at the Svetloye deposit in Khabarovsk region. Gold is obtained by ways of heap leaching. Last year output increased by 28% YoY, to 4.2 tons. In Q1 2019 the company extracted 286 kg of gold, up by 10%. The deposit was…
Russia: Krasniy Octyabr returns to the Uzbekistan market
Representatives of Krasniy Octyabr have held a number of successful negotiations in Uzbekistan. The talks have been held within the business mission of the Volgograd region to Uzbekistan. In Soviet times and in 2000s special steel of Krasniy Octyabr held a niche on the Uzbek market. But several years ago the trade relations were suspended.…
Russia: Severstal-Metiz turns 15
In July Severstal-Metiz is celebrating 15 years since its creation. The company was founded on July 1, 2004 to manage three plants: Cherepovets Steel-Rolling Plant, Orel Steel-Rolling Plant and VolgoMetiz. Since then the company has invested over 12 billion rubles in the modernization of the enterprises. The plant in Orel since 2014 has been manufacturing…
Russia: RZD ferrous metals throughput down in June 2019
In June Russian Railways throughput totaled 101.6 million tons, down by 5.4% YoY. In H1 throughput dropped by 1.5%, to 633.6 million tons. Ferrous metals accounted for 38.2 million tons, down by 3.3%. In January-June 6.9 million tons of ferrous metals scrap were transported, down by 0.2%. At the same time transportation of iron and…
Russia: ChTPZ to pay 4.7 billion rubles of dividends
Chelyabinsk Pipe-Rolling Works will spend all of its 2018 net profit and a part of the profit from the previous years to pay dividends. The decision was taken on June 28 at the annual shareholders meeting. Shareholders and their representatives, owing 97.2715% of shares, participated in the meeting. The total amount to be paid is…