Uralelectromed has commissioned a line to produce welded foot grating with the capacity of 200 tons per month. Investments have amounted to 57 million rubles. The new line will satisfy the demand of UGMK enterprises in this type of product and will also allow reaching new sales markets. The machine can produce grating with the…
In November 2019, Russia exported 29.5 thousand tons of ferrosilicon, down by 9% MoM, but up by 41% YoY. Deliveries to Turkey dropped from 4.7 thousand tons to 3 thousand tons, and to Japan – by 18%, to 10.4 thousand tons. At the same time sales to Korea and the Netherlands grew by 10% and…
In November 2019, Russia imported 380.3 tons of ferroniobium, up by 23% MoM, but down by 47% YoY. In 11 months of 2019, imports totaled 4.5 thousand tons, up by 5% YoY. In monetary terms imports have grown by 4%. Price in November 2019 remained unchanged at $21.1 per kg. (Ukrainian metal)
Metal product sales of ММК Metalurji, a Turkish affiliate of Russia’s Magnitogorsk Iron and Steel Works (MMK), decreased by 15.9% QoQ, to 158,000 tons in October-December 2019 due to a tough market situation, MMK said in a statement on January 21. In the whole of 2019, the sales fell by 6.2%, to 720,000 tons, it…
In 2019, the net profit of Kyrgyzaltyn OJSC, excluding Centerra Gold dividend income, amounted to 286.5 million soms, press service of the company reported. Compared with 2018, the figure has reportedly tripled. In addition, the company has transferred 400 million soms in taxes and payments to the budget. Including dividends, 100 million soms have been…
In 2019 Lena LLC, developing alluvial gold sites in Irkutsk region, extracted 337.5 kg of gold, up by 19% YoY. The target output was 330 kg. In 2018 the company extracted 282.8 kg of gold. (Ukrainian metal)
In 2019, Olkon produced 4.339 million tons of concentrate, up by 2.4% YoY. The growth was due to the increase of deliveries to Cherepovets Iron and Steel Works. Average iron content in concentrate reached 68.45%, an absolute record for the company, with the maximum reached in December 2019 – 68.81%. This year output volume is…
In 2019, Yuzhniy Kuzbass mined 8.7 million tons of coal, up by 26% YoY. Factories processed 8.7 million tons, up by 4%. Some 6.5 million tons of coal have been shipped to customers, up by 20%. Excavation works increased by 36%, to 40 million cubic meters of rock. In December 2019, over 1 million tons…
