From December Irbit Pipe Works will commission a site to apply PPU insulation on pipes. The machinery produced by Polimer Complex (Moscow) will be used. It will allow applying insulation to the pipes with the diameter of 57 to 820 mm. The maximum length of such pipes will be 12 meters. (Ukrainian metal)
In January-September Susumanzoloto revenue grew by 26.2% YoY, to 12.349 billion rubles. Profit increased by 17.4%, to 3.691 billion rubles. Net profit went up by 22.9%, to 2.806 billion rubles. Accounts payable as of September 30 totaled 2.794 billion rubles, up from 1.24 billion rubles as of December 31, 2017. The value of the company…
Beringpromugol is preparing to ship its last bulker this year. The 9th vessel this year will head to Vietnam carrying 18 thousand tons of coal. The coal export season is expected to have been completed by December 1. Beringpromugol LLC is responsible for all Chuikotka coal exports (400 thousand tons this year). In 10 months…
In January-September the Republic of Sakha (Yakutia) mined 13.078 million tons of coal, up by 5.2% YoY. The increase is due to the operation of Kolmar and Elgaugol LLCs. Kolmar mined 3.83 million tons of coal, up by 24%. And Elgaugol mined 3.9 million tons, up by 28%. (Ukrainian metal)
Uzbekistan is carrying out a project to construct in the city of Tashkent a metal plant of the new generation to produce cold-rolled sheet with coating. The plant is expected to be commissioned in Q4 2019. Investments are estimated at EUR 286.7 million. The design capacity of Tashkent Iron and Steel Works will be 0.5…
Precious metal prices increased in Azerbaijan on November 19, according to the data published by the Central Bank. The price of gold grew by 7.208 manats, to 2,073.6345 manats per ounce on November 19 compared to the price on November 16. The price of silver went up by 0.0933 manats, to 24.4446 manats per ounce.…
The price of one ounce of gold increased by 10.523 manats or by 0.51% last week in Azerbaijan, to 2055.0552 manats. The price of one ounce of silver grew by 0.2308 manats or by 0.96%, to 24.0674 manats. The price of one ounce of platinum dropped by 19.2372 manats or by 1.34%, to 1,434.6028 manats.…
Armenia’s aggression policy causes great damage to Azerbaijan in all spheres, including the economic and environmental ones, Zakir Ibrahimov, chairman of the board of AzerGold CJSC, declared. He noted that a report was prepared regarding illegal activities in the occupied Azerbaijani territories, and was sent to the country’s Prosecutor General’s Office. He said that the…
