Sayanogorsk mayor Leonid Bykov and Sayanogorsk Aluminum Works managing director Yevgeniy Popov have signed an agreement on cooperation in 2018. Under the agreement, SAZ will provide financing for the repair of premises of the school No. 6 valued at over 55 million rubles. The repair will start shortly. The work at the operating premises will…
The copper-smelting shop of Uralelectromed has started assembling works at the anode furnace No. 2 casting complex. Commissioning is scheduled for the second half of July. Similar work has been carried out at the anode furnace No. 3 casting complex and has already allowed decreasing repair and maintenance costs. Previously UEM has modernized casting complexes…
The Central Electric Power Plant of MMK has received a new steam turbine, which will replace the existing one and provide for the increase of the plant energy efficiency. Soon the company specialists will start assembling it. The machine has been produced by Ural Turbine Works. Its service life is 40 years. The engine for…
The prices of main precious metals, except palladium, decreased in Azerbaijan on July 2, according to the data published by the Central Bank. The cost of gold decreased by 0.7905 manats, to 2,126.3855 manats per ounce compared to the price on June 29. The cost of silver decreased by 0.1468 manats, to 27.2361 manats per…
In January-June Zaporizhstal increased steel output by 7.7% YoY, to 2.038 million tons. According to the company statement, pig iron manufacture grew by 28.2%, to 2.14 million tons, and rolled metal – by 14.4%, to 1.811 million tons. In June Zaporizhstal produced 33.2 thousand tons of steel, 349.1 thousand tons of pig iron and 300.9…
In April, according to the customs statistics, Russia imported 35.2 thousand tons of ferrous metals scrap from Kazakhstan. This is more than was imported in March 1.8-fold, but lower by 23% YoY. In January-April scrap imports reached 94 thousand tons, down by 46% YoY. (Ukrainian metal)
In January-April Russia exported 281.9 thousand tons of copper valued at $1922 million, up by 16.9% and by 43.1% YoY respectively. Primary copper accounts for 80% of deliveries. In April the average price was $6766 per ton, up by 24% YoY. Copper wire rod price was $6558 per ton, up by 21.6%. (Ukrainian metal)
In January-April Russia exported 44.6 thousand tons of raw nickel valued at $598 million, down by 7.2%, but up by 29.4% YoY. This is the lowest result in the past 10 years volume-wise. In April the average price was $13920 per ton, up by 4.3% MoM and by 50.3% YoY. (Ukrainian metal)