Kazakhstan: gold output up in January-September 2017

In January-September Kazakhstan produced 62697 kg of raw gold, up by 16.3% YoY.

According to the Statistics Committee of the Ministry of the national economy, raw silver output totaled 792535 kg, down by 12.5% YoY. (Ukrainian metal)

Russia: steel exports to US up in January-August 2017

According to the American Iron and Steel Institute, in 2017 USA will import 35.9 million tons of steel, up by 20% YoY. Russian companies will contribute the most.

In January-August US imported 24.09 million tons of steel, up by 20.5% YoY.

In particular, Russia supplied 2.12 million tons, up by 65.6% YoY. (Ukrainian metal)

Russia: Electrocable Kolchuginsky Plant masters the production of silicone rubber insulated cables

JSC “Electrocable “Kolchuginsky Plant” a part of the “Cable Alliance Holding”, integrating UMMC cable assets) mastered the production of silicone rubber insulated control cables NIKI. Unique properties of this innovative material ensures cables’ high fire-resistance designed for broadcasting signals from sensors to control equipment and for remote control of various machinery. Under flame silicone rubber…

Russia: TMK sees US demand doubling in 2017

Russian oil and gas pipe maker TMK expects that the U.S.’ demand for the company’s products will double to around 5 million tons in 2017, Sergei Alekseyev, director for global marketing, reported. “Thanks to the U.S. market recovery demand will be about twice as high as in 2016 and will amount to around 5 million…

Russia: bankruptcy proceedings started at Ufaleinickel

The arbitrary court of Chelyabinsk region declared Ufaleinickel bankrupt following the claim of Rost-bank because of the debt of 202.6 million rubles.

The total debt of the company to the bank is 14.6 billion rubles.

In August the company shareholders decided to shut down Ufaleinickel. (Ukrainian metal)