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Author Archives: admin

Russia: Rosatom to produce first batch of gold in Yakutia in 2020

goldBy admin27.01.2020Leave a comment

Atomredmetzoloto (ARMZ), a subsidiary of Russian state nuclear power corporation Rosatom, launched a gold mining venture in the republic of Yakutia in 2019, and plans to produce its first gold in 2020, ARMZ said in a statement on January 27 without disclosing the name of the field that was launched. “The gold production project in…

Azerbaijan: precious metals market on January 20-24, 2020

precious metalsBy admin27.01.2020Leave a comment

Last week, the price of one ounce of gold increased by over 13.3 manats ($7.8) or by 0.5%. The average price of one ounce of gold stood at 2,651 manats ($1,559). The price of one ounce of silver decreased by 0.1 manats ($0.06) or by 0.4%, to 30.3 manats ($17.8). The price of one ounce…

Belarus: BMZ innovative products sales up in 2019

Belarus Iron and Steel Works, Belarus Metal CompanyBy admin27.01.2020Leave a comment

The Belarusian steel mill BMZ sold about 740,000 tons of innovative products to customers in 2019 or virtually one third of all the deliveries. The sum of the shipments exceeded Br770 million. The share of innovative products in the total shipments amounted to 27.3%. In 2019 BMZ manufactured 265 kinds of innovative products, including 12…

Russia: Tigers Realm Coal coal output up in 2019

coalBy admin27.01.2020Leave a comment

In 2019 Tigers Realm Coal Ltd (TIG) developing the Fandyushinskoye coal deposit in Chukotka extracted 650 thousand tons, up by 30.2% YoY. The growth is explained with the commission of new mining machinery. Out of the total volume 581 thousand tons of coal were exported, up by 47.7%. Early in 2019 the company intended to…

Russia: RZD metal transportation up in 2019

metal industryBy admin27.01.2020Leave a comment

In 2019 Russian Railroads transported over 5 million TEU containers, up by 12.6% YoY. In particular, RZD transported 287.8 thousand containers with metal wares, up by 8.3%, 140.7 thousand containers with ferrous metals, up by 14.4%, and 114.6 thousand containers with non-ferrous metals, up by 6.3%. (Ukrainian metal)

Russia: metal structures output up in 2019

metal structuresBy admin27.01.2020Leave a comment

In 2019 Russia produced 5.1 million tons of metal structures, up by 5.8% YoY. According to the Federal Service of State Statistics (Rosstat), in December 2019 output dropped by 4.7% YoY, but grew by 9.5% MoM. (Ukrainian metal)

Ukraine: energy consumption in metal industry down in 2019

metal industryBy admin27.01.2020Leave a comment

In 2019 Ukrainian metal companies decreased gas consumption by 2% YoY, to 1.8 billion cubic meters. Electricity consumption dropped by 5%, to 11.2 billion kW-h. (Ukrainian metal)

Ukraine: manganese ore imports up in 2019

manganese oreBy admin24.01.2020Leave a comment

In 2019 Ukraine imported 1.209 million tons of manganese ore and concentrate valued at $210.6 million, up by 28.8% and by 15.2% YoY respectively. According to the State Tax Service, Ghana supplied 75.94% of the ore. Deliveries from Russia accounted for 19.12% and Georgia – 2.7%. Last year Ukraine exported 33.2 thousand tons of manganese…

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