Tajikistan: TALCO to start mining gold

TALCO Gold plans to construct a precious metals extracting and processing works in the north of Tajikistan. Construction is expected to have been completed by the end of 2019. Around 1 thousand jobs will be created. TALCOo Gold is a part of Talco. The latter received the gold deposits on the territory of Aynin district…

Russia: aluminum consumption growing

Even though aluminum consumption per capita is lower in Russia, than in EU, in 2017 Russia claimed the first place in aluminum consumption growth (by 10%) as a whole and primary aluminum (by 11%) in particular. The main drivers of consumption growth are construction, car manufacture, and machine-building. Combined they will soon account for 80%…

Russia: ChTPZ and SAP to cooperate

During the St. Petersburg International Economic Forum, ChtPZ Group and SAP CIS have concluded a memorandum of cooperation in digital transformation. According to the document, in 2018-2025 ChTPZ plans to unify and increase efficiency of its business processes with the help of a unified system on the basis of SAP S/4HANA. “Digital transformation is a…

Russia: Mechel output down in Q1 2018

In January-March Mechel produced 1.055 million tons of steel, down by 6% YoY. Pig iron output also dropped by 6%. “We’ve focused on the manufacture of sections and mastering new sizes of beams. Because of the stable demand for these products, we have increased their output by 17%. We now produce some 20 types of…

Ukraine: coking coal provision down in April 2018

In April Ukrainian by-product coke enterprises received 1.12 million tons of coking coals, down by 18% MoM. In particular, Ukraine-produced coal deliveries totaled 0.24 million tons, down by 4%, and imported – 0.88 million tons, down by 21%. In January-April by-product coke plants received 4.74 million tons of coal, down by 1% YoY, including 1.02…

Ukraine: SevGOK output up in January-April 2018

In January-April Severniy Mining and Processing Works produced 2.917 million tons of pellets, up by 40% YoY.

According to the company statement, concentrate output grew by 5.2%, to 3.835 million tons.

In April the works produced 820 thousand tons of pellets and 1.002 million tons of concentrate. (Ukrainian metal)

Russia: metal prices up in April 2018

In April industrial prices increased by 1.2%.

According to the Federal Service of State Statistics (Rosstat), coal prices grew by 3.5%, and non-ferrous metals ores – by 2.6%.

At the same time pig iron, steel and ferroalloy prices increased by 2.4%, while of lead, zinc and tin – by 2%. (Ukrainian metal)

Russia: nickel exports down in Q1 2018

In January-March Russia exported 33.7 thousand tons of raw nickel valued at $444 million, down by 11.3%, but up by 20.4% YoY respectively.

In March average price was $13216 per ton FOB Russian border, down by 1.9% MoM, but up by 32.5% YoY. (Ukrainian metal)

Ukraine: coal imports up in April 2018

In April coal imports increased by 21.1% YoY, or by $42.484 million, to $243.788 million, while exports dropped by 99.7%, or by $6.636 million, to $0.019 million. According to the State Fiscal Service, Russia was the main supplier of coal ($171.08 million). In January-April coal imports grew by 30.3% YoY, or by $233.424 million, to…