Russia’s production of unrefined, semi-refined or powdered gold decreased by 0.6% YoY and by 11.7% MoM in October, the Federal State Statistics Service reported. In January-October, production of gold grew by 1.1%. No absolute figures were disclosed. (Prime/Ukrainian metal)
Zaporozhye Non-Ferrous Metals Works LLC has commissioned a shop to produce TV and communication cable. The cable is used for high-seed networks. The capacity of the new shop is 65 thousand km of cable per year. The shop is equipped with the manufacturing line of Rosendahl Nextrom GmbH, Austria and the Maschinenfabric niehoff GmbH &…
After a small break, the state enterprise Reni Sea Trade Port has resumed processing Moldova Iron and Steel Works products. The port has accepted 1.135 thousand tons or 19 carriages of rolled wire in coils. The metal was loaded onto the Latotica (flag of Slovenia). MMZ transit went to Serbia (Prakhovo Port). In January-October, the…
Metinvest has started preparing the construction site for the new shop to produce cold-rolled metal, galvanized and painted coils at the Mariupol Ilyich Iron and Steel Works. Investments in the project will exceed $1 billion. The length of the shop will be 750 meters and width – 140 meters. The construction will be carried out…
Irshansk Mining and Processing Works, a subsidiary of the United Mining and Chemical Company, has concluded an agreement with United Global Logistics LLC on transportation services valued at 58.8 million UAH. Until March 31, 2022, the company has to organize transportation of ilmenite concentrate from the Nova Borova station in hopper cars (65-72 tons). In…
In January-October, Interpipe increased steel output by 23.3% YoY, to 790 thousand tons. Railroad products manufacture dropped by 12.2%, to 141.5 thousand tons, while that of pipes grew by 28.8%, to 499.7 thousand tons. In October, Interpipe produced 63.2 thousand tons of steel, 14 thousand tons of railroad products and 56.3 thousand tons of pipes.…
In January-September, Russia produced 268 tons of gold. Ore gold amounted to 219 tons, auxiliary gold – 13 tons, secondary gold – 25 tons and gold in concentrates – 11 tons. This year, the Union of Gold Miners expects output to reach 366 tons. At the same time, demand could drop by 3%, to 362…
In January-October, trade turnover with Turkey amounted to $1.67 billion, including $260.09 million of exports, up by 66.4%, and $1.42 billion of imports, up by 25.3%. The export of semi-finished products of pig iron and unalloyed steel occupied the fifth place in the export structures, accounting for 37742 tons, up by 42.6%. Revenue totaled $20.34…