Russia: Rusolovo output up in 2017

In 2017 Rusolovo produced over 1 thousand tons of tin, up by 60% YoY. This year the company intends to increase output by 10% YoY. By 2022 the annual ore processing volume is expected to have reached 1 million tons yielding around 6.5-7 thousand tons of tin concentrate a year. Rusolovo is developing the Festivalnoye,…

Russia: UralKuz output up in 2017

In 2017 UralKuz increased output volumes by 28% YoY. Last year the company sold 96 thousand tons of stampings, up by 28% YoY. In December 2017 UralKuz sold over 10 thousand tons of stampings, the maximum for the past 30 years. The metal to manufacture hot-formed products is supplied by Chelyabinsk Iron and Steel Works.…

Russia: MMK recognized as leader in the National Ratings for Procurement Transparency

Magnitogorsk Iron and Steel Works (MMK) occupies the highest position among steel producers in the National Ratings of Procurement Transparency in 2017 in the “Private commercial buyers” category. The awards ceremony for the highest rated organizations took place at Russian Chamber of Commerce and Industry in Moscow. Among the participants were representatives from state, regional,…