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Author Archives: admin

Russia: OMK and Belenergomash-BZEM agree on cooperation

OMKBy admin22.11.2018Leave a comment

The United Metallurgical Company and Belenergomash-BZEM LLC have concluded an agreement on joint deliveries of sheets, pipes, metal structures and pipeline joints to Rosatom. “We are opening a new page in our relations, and I am absolutely sure that the partnership will be the basis for the development of the two companies”, OMK board member,…

Russia: CherMK sales via railroad up in January-October 2018

Cherepovets Iron and Steel WorksBy admin22.11.2018Leave a comment

In October Cherepovets Iron and Steel Works shipped 501.4 thousand tons of metal to Russian customers and for exports, down by 3.2% YoY. In January-October sales reached 6.47 million tons, up by 3.9% YoY. Exports grew by 15.5% YoY, to 1.93 million tons, while domestic customers received 4.54 million tons, down by 0.3% YoY. (Ukrainian…

Russia: MMK railroad sales up in October 2018

MMKBy admin22.11.2018Leave a comment

In October MMK shipped 949.5 thousand tons of metal via railroad abroad and to local customers, up by 7.4% YoY. In 10 months sales grew by 0.7% YoY, to 9 million tons. Russian customers received 5.8 million tons, up by 5.2%, and exports totaled 3.21 million tons, down by 6.4%. (Ukrainian metal)

Russia: NLMK rolled metal deliveries down in October 2018

NLMKBy admin22.11.2018Leave a comment

In October NLMK rolled metal deliveries to Russian customers and abroad via railroad totaled 956.4 thousand tons. According to the railroad statistics, this is down by 17.4% YoY. In January-October NLMK shipped via railroad 10.55 million tons of metal, up by 0.3% YoY, with 3.54 million tons delivered to local customers, down by 4.2%, and…

Azerbaijan: precious metal prices up on November 22, 2018

precious metalsBy admin22.11.2018Leave a comment

Precious metal prices increased in Azerbaijan on November 22, according to the data published by the Central Bank. The price of gold went up by 9.7325 manats, to 2,085.22 manats per ounce on November 22 compared to the price on November 21. The price of silver grew by 0.3015 manats, to 24.6391 manats per ounce.…

Kyrgyzstan: MP wants to know details of new agreement on Kumtor

goldBy admin22.11.2018Leave a comment

Member of the Parliament, Bakyt Torobaev, asked the government to provide information on the activities of Kumtor gold mine at a meeting of Parliament. According to him, the Prime Minister spoke about new agreement with the Canadian company Centerra Gold Inc. Members of the Parliament know nothing about it. “How many funds are received, what…

Russia: cooperation on platinum metals market agreed with South Africa

platinumBy admin22.11.2018Leave a comment

Russia and South Africa have signed a roadmap for the implementation of joint projects on the market of platinum group metals, as well as agreement on exploration, extraction and processing of mineral resources until 2025. The Minister of Natural Resources and Environment Dmitry Kobylkin signed the documents. “Russia and South Africa, possessing rich reserves of…

Russia: SUEK to increase coal output in Zabaikalye region

SUEKBy admin22.11.2018Leave a comment

This year SUEK (Siberian Coal Power Company) intends to mine some 5.92 million tons of coal in Zabaikalye region, up by 14.7% YoY. To reach this goal the company is constantly replacing and adding new mining and auxiliary machines. Last year the region yielded 21.3 million tons of coal, with SUEK accounting for 83%. (Ukrainian…

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