Russia’s output of unrefined and semi-refined or powder platinum and platinum group metals decreased by 38.4% YoY and by 19.2% MoM in December 2018, the Federal State Statistics Service said in a statement without disclosing absolute figures. Silver output fell by 17.4% YoY and by 8.9% MoM. In 2018, the output of platinum and platinum…
Gold and silver prices increased in Azerbaijan. The price of gold grew by 0.663 manats, to 2,179.485 manats per ounce on January 25 compared to the price on January 24. The price of silver went up by 0.0467 manats, to 26.0987 manats per ounce. The price of platinum increased by 14.3225 manats, to 1,367.9475 manats.…
The state enterprise Ukrpromvneshexpertisa forecasts that in February ferrous scrap metal prices on the local market will drop by 3.4-16%, to 5.7-7.9 thousand UAH per ton. Until mid-February some drastic change of price is not expected, as rolled metal manufacturers will only begin testing opportunities to raise prices for their products. In March the increase…
In 2018 Zaporozhye Iron Ore Complex increased iron ore output by 1.2% YoY, to 4.5 million tons. In December 2018 the company manufactured 380 thousand tons of ore. Annual plan was fully met. The same results were reached in 2017. (Ukrainian metal)
In 2018 Ukrainian by-product coke plants increased metallurgical coke (6% moisture) manufacture by 4.1% YoY, to 10.826 million tons. In December 2018 the output totaled 924 thousand tons of coke, up from 917 thousand tons in November 2018. In January this year the output decreased somewhat due to the drop in orders. But all the…
In 2018 Vostochniy Mining and Processing Works increased uranium oxide concentrate manufacture by 41.1% YoY, to 1.179 thousand tons. December 2018 saw the maximum monthly output last year – 199.8 tons. In 2017 VostGOK decreased output by 16.8% YoY, to 836.1 tons. (Ukrainian metal)
In 2018 Severstal – Bar Works Balakovo produced 904 thousand tons of steel, up by 15.5% YoY. Bars output grew by 19.8%, to 807 thousand tons. Last year the company sold 804 thousand tons of metal, up by 19%. 96% of the products were sold domestically. Since its commissioning the works has produced and sold…
Karabashmed has started disassembling the first of its three outdated converters in the metal shop. All the three converters are expected to have been decommissioned by H2. Instead of the outdated machinery Karabashmed has already assembled three new Kumera converters with dust caps with the volume of 150 tons. Two converters have already been put…