In November railroad sales of rolled steel and pipes by the major Russian companies totaled 5.05 million tons, down by 2.2% YoY. Deliveries to the local market dropped by 3.4%, to 2.73 million tons, and exports – by 0.6%, to 2.32 million tons. In January-November deliveries reached 57.8 million tons, up by 2.7% YoY. Local…
Precious metal prices varied in Azerbaijan on December 7. The price of gold increased by 0.238 manats, to 2,108.0935 manats per ounce on December 7 compared to the price on December 6. The price of silver grew by 0.0246 manats, to 24.6284 manats per ounce. The price of palladium decreased by 77.843 manats, to 2,039.915…
Baku Steel Company has concluded a deal worth $1.17 billion with China CAMC Engineering Co., Ltd. The agreement was signed by Deputy Director General of Baku Steel Company Mardan Aliyev and Deputy Director General of China CAMC Engineering Wang Yuhang. The document envisages the construction of the Azerbaijan Integrated Steel Mill Complex in Ganja. The…
Urangeo, a part of the state holding Rosgeologia, has started prospecting works for uranium at the Kuldur field of the Khingan plateau. The corresponding state contract was signed between Rosgeologia and the Department of subsoil use of the Far East Federal District in July. The work will be carried out in the Arkharinsky district of…
In January-October Kosaya Gora Iron and Steel Works increased ferromanganese sales by 2.3 thousand tons YoY, to 53.6 thousand tons. In 10 months the works mined 62 thousand tons of ferromanganese, up by 9.1 thousand tons. In January-October 2018 the company produced 52.9 thousand tons of ferromanganese and sold 51.3 thousand tons. (Ukrainian metal)
Cherepovets Iron and Steel Works has started an active phase of the project to assemble the coil-rewinding machine with the capacity of 650 thousand tons per year. The machine, to be situated in the metal finishing shop No. 2, will be rewinding pickled cold- and hot-rolled metal coils manufactured at mills 1700 and 2000. The…
Mikhailovsky Mining and Processing Works has successfully passed the integrated management system audit. The TUV SUD Management Service GmbH (Germany) experts have checked the energy management system for the compliance with ISO 50001:2011. The quality management system was check for compliance with ISO 9001:2015, labor and health safety management system – with OHSAS 18001:2007 with…
Gaysky Mining and Processing Works intends by the end of the year to have mined 8 million tons of copper ore. In 2021 the company plans to reach the output of 9 million tons. “Next year the investment program of Gaysky GOK will be 10 billion rubles, and will focus on developing the mine infrastructure”,…