Russia: US postpones sanctions against RUSAL

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has extended the deadline for investors to wind down business with Russia’s En+ Group and aluminum giant UC RUSAL until December 12. The deadline for termination of contracts with GAZ Group remained on October 23. RUSAL shares and Global Depositary Receipts of En+…

Russia: NLMK sales up in September 2018

In September railroad deliveries of metal from NLMK totaled 1.1 million tons, up by 14.8% YoY.

In 9 months sales reached 9.6 million tons, up by 2.5% YoY.

Deliveries to Russian customers increased by 0.6%, to 3.2 million tons, while exports grew by 3.5%, to 6.4 million tons. (Ukrainian metal)

Russia: Amurstal sales up in September 2018

In September railroad sales of steel from Amurstal totaled 55.1 thousand tons, up 2.6-fold YoY.

In January-September sales grew 5.2-fold, to 406.5 thousand tons.

This year Russian customers received 138.2 thousand tons, while 268.3 thousand tons were exported. (Ukrainian metal)

Russia: RM-Steel to double output

RM-Steel, specializing in the metal structures for the construction of ships, plans to double its output next year. “For this we intend to buy another heating furnace, which will allow us increasing output from 11 thousand tons to 22 thousand tons. The cost of the new machinery is around 90 million rubles”, the company owner…

Russia: coal output in Amur region down in January-September 2018

Since the start of the year Amur region has mined 2.5 million tons of power-generating coal, up by 5% YoY.

In the region coal is mined at the Erkovetsky and Severo-Vostochniy pits.

To further increase Erkovetsky capacities, Amur Coal will by new machines – a hydraulic excavator and bulldozers. (Ukrainian metal)

Russia: TMK not allowed to buy Technomash

The Federal Antimonopoly Service of Russia has rejected the offer of the Pipe Metallurgical Company to buy 100% of the “Tekhnologii bureniya” Company, owned by Hilong Energy (China). The FAS believes the deal will limit competition on the Russian market of drilling pipes. TMK is the largest manufacturer of drilling pipes in Russia – in…

Russia: Rosgeologia defines non-ferrous metals resources in Chelyabinsk region

Chelyabinskgeosyemka, a part of the state concern Rosgeologia, has fulfilled the prospecting works at the Oktyabrskaya field scheduled for Q3. The field is situated in the Chelyabinsk region. The reserves of the Karakulsko-Podovinnaya copper ore zone are 930 thousand tons of copper and 210 thousand tons of zinc. The resources of the Troitskiy molybdenum-tungsten ore…

Russia: Rusolovo tin output up in January-September 2018

In January-September Rusolovo produced 958.9 tons of tin concentrate, up 1.5-fold.

In three quarters the company has produced 631.3 tons of tin.

The increase has to do with the growth of the company capacities.

By the end of the year Rusolovo intends to have produced 1600 tons of tin concentrate. (Ukrainian metal)

Russia: ferrous metals deliveries to agriculture machine producers up in September 2018

In September direct railroad deliveries of ferrous metals to the major Russian manufacturers of tractors, combines and other agricultural machines totaled 24.1 thousand tons.

According to the railroad statistics, this is up by 22.2% YoY.

In 9 months deliveries grew by 0.9% YoY, to 189 thousand tons. (Ukrainian metal)

Russia: car manufacturers increase steel purchases in January-September 2018

In September direct railroad deliveries of rolled steel to Russian car manufacturers (AvtoVAZ, KamAZ, GAZ, AMO Zil, Sollers, OAT, etc.) totaled 99.2 thousand tons.

According to the railroad statistics, this is down by 10.7% YoY.

In 9 months deliveries reached 812.65 thousand tons, up by 6.41% YoY. (Ukrainian metal)

Russia: metal deliveries to ship-builders down in September 2018

In September direct railroad deliveries of rolled steel, pipes and semi-finished products to the major shipbuilding and repairing enterprises totaled 8.1 thousand tons.

According to the railroad statistics, this is down by 41.4% YoY.

In 9 months deliveries dropped by 21.8% YoY, to 85.5 thousand tons. (Ukrainian metal)