On January 11-18 metal prices in the Central region dropped by 5.9 points, or by 1.03%, to 567.7. Rebars saw the largest decrease – 2.84%. Rounds lost 1.55%, electric welded pipes – 1.53%, and beams – 0.88%. The price of channel fell by 0.38%, galvanized flat metal – by 0.13%, and hot-rolled sheet – by…
In 2018 Kuzbass region extracted 255.3 million tons of coal, up by 5.7% YoY. In particular, pits yielded 165.8 million tons and mines – 89.5 million tons. The output of coking coal was 73.2 million tons, and power-generating coal – 182.1 million tons. Factories processed 182.1 million tons, up by 6.1%. (Ukrainian metal)
Khujir Enterprise LLC has started resuming mining at the Konevinskoye gold deposit in the Republic of Buryatia. The work of the mine was suspended in 2014. The decision to resume operation was taken in December 2018. The C1+C2 reserves of the deposit are over 2 tons of gold. (Ukrainian metal)
In 2018 Amur region extracted 3.5 million tons of power-generating coal, up by 100 thousand tons YoY. The coal is mined at the Yerkovetskiy and Severo-Vostochniy pits. In particular, coal output of the Yerkovetskiy pit, commissioned in 1991, grew by 3%. Severo-Vostochniy pit, operating since 1932, increased output by 4% YoY. (Ukrainian metal)
Uralelectromed has prepared a site for the construction of the third stage of the copper electrolysis shop. The site is situated on the territory of the old electrolysis shop, constructed in 1934 and now partly demolished. A foundation pit with the depth of 4 meters has been dug. Its total depth will be 5 meters.…
In 2018 Severstal increased steel output by 3%, to 12.04 million tons mostly due to the commissioning of the ladle furnace No. 2. Pig iron output remained unchanged at 9.15 million tons. Consolidated sales grew by 2%, to 11.18 million tons. Coking coal concentrate sales from Vorkutaugol increased by 2%, to 3.37 million tons. (Ukrainian…
In 2018, NLMK Group sales grew to 17.6 million tons, by 7% YoY. Steel output grew by 2%, to 17.5 million tons. Steel capacity utilization rate was 99%. Sales grew driven by growth of demand on key sales markets. Sales growth was supported by a +20%YoY increase of semi-finished product sales, to 6.8 million tons.…
The prices of precious metals varied in Azerbaijan on January 18. The price of gold increased by 0.799 manats, to 2,196.4255 manats per ounce on January 18 compared to the price on January 17. The price of silver decreased by 0.024 manats, to 26.4263 manats per ounce. The price of palladium grew by 96.1945 manats,…
