In June Russia produced 6.12 million tons of steel, up by 8.9% YoY (6.077 million tons in May). In 6 months steel manufacture increased by 2.8% YoY, to 36.066 million tons. Ukraine increased output by 7.5% YoY, to 1.711 million tons (1.695 million tons) and produced 10.391 million tons of steel in 6 months, up…
Seligdar has reached the manufacture of gold at over 1 ton per month. In particular, in July the output totaled 1008 kg or 32408 ounces. This is the fist time that the company has exceeded the 4-digit level of gold output. In January-June Seligdar also processed 10 million cubic meters of rock, while some 3…
In January-June Izhstal exported 31 thousand tons of metal, up 2.2-fold YoY. The share of exports in the overall output reached 14%. Belarus is one of the main export markets for the company. In 6 months exports there grew by 63% YoY. In particular, deliveries to the Minsk Tractor Works increased by 40%. (Ukrainian metal)
In April-June Raspadskaya, one of the Russia’s largest coking coal manufacturers, decreased output by 19% QoQ, to 2.43 million tons. June output dropped because of the decrease of operating long faces from 3 to 2. Moreover, in May the mine had to stop operation to improve industrial safety. “In H2 Raspadskaya mine will resume operation…
Uralelectromed has commissioned the first stage of steel structures manufacture. The new site is in the old copper foil shop. The new manufacture is expected to completely cover the need of UGMK in steel structures. The capacity of the first stage is 6 thousand tons per year. 500 million rubles were invested in the project…
Prices of precious metals in Azerbaijan fell on July 30, according to the data published by the Central Bank. The price of gold decreased by 7.2505 manats, to 2074.3825 manats per ounce on July 30, compared to the price on July 27. The price of silver decreased by 0.0345 manats, to 26.2126 manats per ounce.…
Prices of precious metals in Azerbaijan changed over to decline on July 27, according to the data published by the Central Bank. The price of gold decreased by 12,0445 manats, to 2081,633 manats per ounce on July 27, compared to the price on July 26. The price of silver decreased by 0,2755 manats, to 26,2471…
Erunakovskaya-VIII mine has started extracting coal from the new long face 48-6. The reserves of the site are estimated at 2.9 million tons of coking coal. The long face is situated at the depth of over 500 meters. It is planned to mine 250-300 thousand tons of coal per month. The mine is the youngest…