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Author Archives: admin

Russia: OEMK managing director dies in a car accident

OEMK, Oskol Electrometallurgical WorksBy admin16.01.2019Leave a comment

Oskol Electrometallurgical Works managing director Alexander Tischenko and the driver of the works Vitaliy Yumashev have perished in the collision of a Lexus with two other cars. The accident happened on January 15. After the collision all three cars exploded. The accident took the life of 8 people. Tischenko has been working at NLMK since…

Russia: Yakutia in top-3 gold miners

goldBy admin16.01.2019Leave a comment

Yakutia has entered the top-3 gold-mining regions in Russia. For the first time since Soviet Union the region has exceeded the level of 28 tons of gold output in 2018. Oil and coal output was 12 and 17.7 million tons respectively. (Ukrainian metal)

Russia: ITZ to supply pipes for Poland – Slovakia gas pipeline

Izhorsky Pipe WorksBy admin16.01.2019Leave a comment

Izhorsky Pipe Works will produce and supply over 11 thousand tons of large diameter pipes for the Poland – Slovakia gas pipeline. The first batches have already been shipped to the customer (Eustream). According to the agreement, the company has to supply the pipes with the diameter of 1016 mm and the length of 18…

Ukraine: iron ore imports down in 2018

iron oreBy admin16.01.2019Leave a comment

In 2018 Ukraine exported 36.91 million tons of iron ore and iron ore concentrate valued at $2.869 billion, down by 1.3%, but up by 10.6% YoY respectively. According to the State Fiscal Service, the share of the iron ore in the overall exports was 6.06%. Almost half of volumes was sold to China, Poland and…

Ukraine: steel exports to Russia up in January-November 2018

steelBy admin16.01.2019Leave a comment

Deliveries of rolled metal and pipes to Russia in January-November 2018 grew by 20.7% YoY, to 2.11 million tons. Bars and sections account for 53% of exports, up by 28.3%. Rebars and rolled wire saw the growth of almost 2-fold. Flat rolled metal exports increased by 3.9%, to 33.7%. The sales of semi-finished steel products…

Russia: MMK takes first place in rating of producers of flat and coated steel

MMKBy admin16.01.2019Leave a comment

Magnitogorsk Iron and Steel Works (MMK) took the first place among Russian producers of flat products, as well galvanized and coated steel, in the rating of leading manufacturers and suppliers of ferrous and non-ferrous metallurgy in the second half of 2018 MMK once again took the first place among the Russian producers of flat products,…

Azerbaijan: palladium price up on January 16, 2019

precious metalsBy admin16.01.2019Leave a comment

The prices of precious metals varied in Azerbaijan on January 16. The price of gold decreased by 2.431 manats, to 2,192.6005 manats per ounce compared to the price on January 15. The price of silver dropped by 0.1644 manats, to 26.4819 manats per ounce. The price of platinum fell by 8.67 manats, to 1,359.4475 manats.…

Russia: Magadan region produces 20-year record of gold in 2018

gold, silverBy admin16.01.2019Leave a comment

Companies located in Magadan region produced 36.8 tons of gold in 2018, a record for the past 20 years, as the Natalka field of gold producer Polyus reached its projected capacity, the region’s government said in a statement on January 16. Lode gold output in the region amounted to 18.9 tons, and alluvial gold production…

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