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)
The construction of electricity lines for the Taryn Mining and Processing Works in the Republic of Sakha (Yakutia) will receive 638 million rubles. The current lines are very old. Last year electricity was cut 23 times. For the GOK, which is operating round the clock, this means the shut down of the manufacture. The construction…
Kopy Goldfields AB decided to sell rights to develop Kopylovsky project deposits. The deal estimated at $6 million is expected to be finalized in Q3. The Kopylovsky project comprises 4 deposits in Irkutsk region: Kopylovskoye, East field, as well as Pravovesenniy and Takhtykan sites. The licenses to develop the deposits are owned by Kopy Goldfields…
Rosterminalugol, the largest specialized coal terminal in the European part of Russia, has handled 11 million tons of coal since the beginning of the year. The 11-millionth ton was loaded onto the Miho Pracat. The 149th vessel since the start of the year is bound for India. Last year the 11-millionth ton was loaded on…
