In November 2019 Russia exported 13.3 thousand tons of copper rolled wire, up by 6% MoM, but down by 9% YoY. Deliveries to Kuwait grew by 27%, to 6.8 thousand tons, and to Egypt – from 2.8 thousand tons to 2.9 thousand tons. At the same time sales to Belarus dropped from 1.2 thousand tons…
Atomredmetzoloto (ARMZ), a subsidiary of Russian state nuclear power corporation Rosatom, launched a gold mining venture in the republic of Yakutia in 2019, and plans to produce its first gold in 2020, ARMZ said in a statement on January 27 without disclosing the name of the field that was launched. “The gold production project in…
Last week, the price of one ounce of gold increased by over 13.3 manats ($7.8) or by 0.5%. The average price of one ounce of gold stood at 2,651 manats ($1,559). The price of one ounce of silver decreased by 0.1 manats ($0.06) or by 0.4%, to 30.3 manats ($17.8). The price of one ounce…
The Belarusian steel mill BMZ sold about 740,000 tons of innovative products to customers in 2019 or virtually one third of all the deliveries. The sum of the shipments exceeded Br770 million. The share of innovative products in the total shipments amounted to 27.3%. In 2019 BMZ manufactured 265 kinds of innovative products, including 12…
In 2019 Tigers Realm Coal Ltd (TIG) developing the Fandyushinskoye coal deposit in Chukotka extracted 650 thousand tons, up by 30.2% YoY. The growth is explained with the commission of new mining machinery. Out of the total volume 581 thousand tons of coal were exported, up by 47.7%. Early in 2019 the company intended to…
In 2019 Russian Railroads transported over 5 million TEU containers, up by 12.6% YoY. In particular, RZD transported 287.8 thousand containers with metal wares, up by 8.3%, 140.7 thousand containers with ferrous metals, up by 14.4%, and 114.6 thousand containers with non-ferrous metals, up by 6.3%. (Ukrainian metal)
In 2019 Russia produced 5.1 million tons of metal structures, up by 5.8% YoY. According to the Federal Service of State Statistics (Rosstat), in December 2019 output dropped by 4.7% YoY, but grew by 9.5% MoM. (Ukrainian metal)
In 2019 Ukrainian metal companies decreased gas consumption by 2% YoY, to 1.8 billion cubic meters. Electricity consumption dropped by 5%, to 11.2 billion kW-h. (Ukrainian metal)