Russia: lead output down in January 2017

In January raw lead output in Russia dropped by 22.3% YoY and by 23.7% MoM.

According to the Federal Service of State Statistics, in 2016 raw lead production in Russia dropped by 8.6% YoY. (Ukrainian metal)

Russia: Evraz to produce balls at NTMK

The construction of the ball-rolling mill has started in the rail-beam shop of Nizhny Tagil Iron and Steel Works, a part of Evraz. According to the group statement, the site for the equipment is being prepared. The new machinery will produce 60-120 mm diameter balls of the special V group of hardness. At present Russia…

Russia: VSMPO-Avisma improving titanium plate production

Mashprom (Yekaterinburg) is supplying and assembling machinery for titanium plates to the sheet-rolling complex of VSMPO-Avisma.

The line is expected to be put into operation in the nearest future. Delivery and assembly of the equipment are carried out in full accordance with the schedule.

VSMPO-Avisma should start operating the new line in August. (Ukrainian metal)

Russia: lead concentrate output in January 2017

In January Russia increased lead concentrate output by 45.3% YoY.

According to the Federal Service of State Statistics, the results are below December 2016 by 1.8%.

The Federal Service does not inform of lead concentrate output in 2016. (Ukrainian metal)

Russia: Nordgold postpones LSE delisting

Gold mining company Nordgold, controlled by Russian businessman Alexei Mordashov, has postponed delisting from the London Stock Exchange (LSE) to March 16, from Thursday to synchronize the delisting with closing of a buyback offering, the company said in a statement. Nordgold may acquire global depositary receipts (GDRs) from minority shareholders for $118 million, or $3.45…