In January-October, Interpipe increased pipes sales by 16.6% YoY, to 459.1 thousand tons. Sales of OCTG pipes grew more than 2-fold, to 135.3 thousand tons, linear pipes – by 5.6%, to 257.5 thousand tons, and pipes for machine-building – by 37%, to 20 thousand tons. Welding pipes sales dropped by 32.3%, to 46.3 thousand tons.…
Energomashspetsstal has successfully passed the inspection of billets for the nuclear reactor of the Akkuyu NPP block No. 3 (Turkey). The inspection of three billets for the reactor body and the main circulating pump has been carried out in 4 days. The billets will be shipped in late November. The batch will comprise two spheres…
In January-September, Silver Bear Resources, developing silver deposits in Yakutia, produced 806.8 thousand ounces, down by 46.3% YoY. The decrease is due to the drop in output (-30.1%) and processing of ore (-37.6%). In particular, in Q2 the company special machinery was mostly used to expand the Vertikalniy quarry. Moreover, silver content in ore fell…
In January-September, Pobuzhye Ferronickel Plant processed 1.025 million tons of ore, down by 11.6% YoY. This corresponds to 54.573 thousand tons of ferronickel (-15.8%) or 11.7 thousand tons of nickel (-4.6%). The decrease is due to repairs in January-February, which began in 2020. EBITDA amounted to 6.8 million UAH, with profit tax at 2.7 million…
In January-October, Ukraine increased railroad transportation of metal by 6.4% YoY, to 18.1 million tons. In October, compared with October 2020, transportation grew by 1.67 million tons, with exports up by 5.9%, to 1.17 million tons, and domestic transportation – by 6.7%, to 400 thousand tons, while transit dropped by 50.6%, to 56 thousand tons,…
The Aleksandrovskaya 1 LLC miners team has finished the alluvial season in Amur region with the result of 225 kg of gold. The precious metal was extracted at 3 deposits – Dzhalon, Dzhuvaskit and Dep. In annual comparison output dropped by 7% due to long winter and rainy summer, which resulted in the start of…
The State Expertise Service of Russia has approved the construction of a gold-extracting factory at the Teutedzhak deposit in Magadan region. Reserves are estimated at 16.596 tons of gold and 12.2 tons of silver. The size of the ore site is 14.6 square km. The design capacity of the factory will be 1 million tons…
The regional subsidiary of Ukrzaliznytsia – Odessa Railways – has ordered Metinvest-SMC LLC the delivery of rails valued at 35.47 million UAH. This year, the company has to supply 1040 tons of R-65 rails of category 2 with the length of 25 meters produced not earlier than in 2021 at 34,104 UAH per ton. The…