Russia: Rusal BGZ output up

Rusal has announced the completion of Boksitogorsk Alumina Works modernization. Within the project, lasting from October 2015 till May 2017 the works received grinding and processing equipment to increase the corundum output to 79 thousand tons. In particular, the company increased refractory capacities by 6 thousand tons, and abrasive – by 4 thousand tons per…

Russia: TMK Chermet scrap procurement up in Q1 2017

In January-March TMK Chermet outperformed the scrap procurement target by 26%. TMK enterprises received 494 thousand tons of scrap.

The company keeps increasing the share of its own scrap deliveries: in particular it supplied 160.5 thousand tons, up by 10.6% YoY. (Ukrainian metal)

Ukraine: UGOK shares deals prohibited

The National commission on securities and stock market has stopped amendments to the system of depository accounting on securities of 20 issuers.

Among them are the Yuznhiy Mining and Processing Works and Stakhanov Ferroalloy Plant

The companies have not disclosed their annual regulatory information on stock market for the last 2 years. (Ukrainian metal)

Russia: Tulachermet gets losses in Q1 2017

In January-March the largest pig iron manufacturer of Russia – Tulachermet – received 469.2 million rubles of net losses against the net profit of 147 million rubles in Q1 2016. According to the company statement, its income increased by 53%, to 10.966 billion rubles, sales losses totaled 1.14 billion rubles. In September Tulachermet will put…

Kazakhstan: KazZinc catches fire

On May 18 KazZinc in Ust-Kamenogorsk, Eastern-Kazakhstan region, caught fire. The accident happened on the territory of the copper shop around 21:41 local time. At 00:25 the fire was extinguished. The size of the fire was 50 square meters. According to the emergency service, there were no casualties. The manufacturing process was not affected by…

Russia: ChMK produces rebars for new Barnaul embankment

Chelyabinsk Iron and Steel Works has supplied 1200 tons of rebars for the construction of the embankment in the city of Barnaul.

ChMK metal is used for concrete reinforcement of the bank – the first and the most vital part of the project.

The length of the embankment will be 500 meters. (Ukrainian metal)

Ukraine: Mariupol Ilyich developing galvanized steel range according to international standards

Mariupol Ilyich Iron and Steel Works continues to develop the range of galvanized structural steel coils. In Q1 it mastered the production of zinc-coated rolled steel of SS Grade 50 according to American standard ASTM A653/A653M. This product has the guaranteed strength properties and is used for the production of formed Z-, C-, Sigma- and…

Azerbaijan: gold and silver output down in January-April 2017

In January-April Azerbaijan produced 372.1 kg of gold, down by 37.7% YoY.

According to the State Statistics Committee, as of May 1 gold stocks reached 3.4 kg.

Azerbaijan also produced 109.7 kg of silver, down by 5.7% YoY. As of May 1 silver stocks were 15.9 kg. (Ukrainian metal)

Russia: Amur region yields 6 tons of gold

Gold mining companies of Amur region obtained 6.182 tons of gold in January-April. Ore gold constituted the main share. Only Priisk Solovievsky has started obtaining alluvial gold. “We see a positive dynamics this year. Gold output has increased by 1.2 tons YoY. The growth has been provided by Petropavlovsk state enterprise mines Pokrovsky, Pioneer, Malomyr…