In January-June the Tajik Aluminum Company produced 49.101 thousand tons of aluminum, down by 32.8% YoY. The decrease had to do with the world price jumps on aluminum and the usage of outdated technology, which makes TALCO products uncompetitive. According to the industry and new technologies minister Shavkat Bobozoda, the only aluminum manufacturer and the…
In January-June Uralelectromed produced 172.9 thousand tons of copper cathodes, up by 2.7% YoY. Gold and silver output also increased – by 2.3% and by 23.2% YoY respectively. The company has also improved its technical tellurium manufacture – by 11.9% and powder wares – by 15.7%. (Ukrainian metal)
In January-June VSMPO-Avisma produced 14.2 thousand tons of titanium, up by 20.4% YoY. At the same time, because of the drop of the exchange rate, the company earnings decreased by 0.4%, to 36.232 billion rubles, and its net profits by 35.6%, to 8.793 billion rubles. The strengthening of the ruble resulted in the decrease in…
The Splav Corporation has received an order for pipe vales from a major Russian oil extractor and processor – Surgutneftegaz. According to the agreement, in autumn the corporation will start supplying 1200 gland type globe valves to Kirishnefteorgsintez for the construction of the complex of pump petrol and diesel fuel. (Ukrainian metal)
NLMK Group has participated in the 18th International Specialized Exhibition “Construction Machinery and Technologies/ STT 2017” in Moscow. There the group presented the premium wear-resistant steel of the Quard grade. KAMAZ presented dump trucks and truck bodies made of Quard450 steel. NLMK produces Quard steel at its NLMK Clabecq works in Belgium. The steel sheets…
In June Ukrainian market received 269 thousand tons of scrap, up by 18 thousand tons MoM, with 1421 thousand tons delivered since the year beginning. According to the state enterprise Ukrpromvneshexpertisa deputy director Yuri Dobrovolsky, the raw materials shortage is still felt on the market. Since the year started, the demand in scrap has been…
At a meeting held on July 28, NLMK Group’s Board of Directors recommended the company’s shareholders to approve payment of Q2 2017 dividends at the upcoming Extraordinary General Shareholder Meeting (EGM) to be held on September 29. NLMK Group’s Board of Directors recommended NLMK shareholders approve Q2 dividends of RUB 3.20 per share, equivalent to…
At the plant for production of metallurgical-grade silicon of Tau-Ken Temir LLP, Prime Minister of Kazakhstan Bakytzhan Sagintayev has checked the current measures for technological modernization and prospects for development of the enterprise. Sagintayev examined the operational shops for silicon, refining, teeming and production, and visited the silicon intermediate storage facility. Murat Zhukenov, the Board…