Backstar Holdings Limited (Cyprus) has purchased 15.46% of Seligdar shares, having increased its share from 3.75% to 19.21%. All in all the company has bought 186.6 million voting shares. The price of the purchase was not disclosed. Now the Cyprus company owns 190.4 million shares. Backstar Holdings increased its share in Seligdar in November 2019…
In November 2019 Russia exported 63.3 thousand tons of refined copper, down by 4% MoM and by 7% YoY. Deliveries to China continued growing and reached 28 thousand tons (13 thousand tons in October 2019 and 7 thousand tons in September 2019). Exports to Germany stopped. The Netherlands imported 35% of the total volume (22…
In November 2019 Russia imported 4.6 thousand tons of aluminum scrap and wastes, up by 70% MoM and by 60% YoY. Deliveries from Kazakhstan remained unchanged at 16.8 thousand tons. At the same time, purchases from US grew 3-fold, to 2.3 thousand tons. In 11 months of 2019 imports totaled 27.6 thousand tons, down by…
NLMK Group has published its Q4 2019 and 2019 operating results. In 2019, steel output decreased by 10% YoY, to 15.7 million tons, due to major repairs at NLMK Lipetsk blast furnace and steelmaking operations. Sales volumes decreased to 17.1 million tons, or by 3%, following the decrease in output. Sales to “home” markets grew…
The railway wheel production by Vyksa Steel Works, a part of United Metallurgical Company (OMK), increased by 11% YoY, to 951,000 in 2019, the company said in a statement on January 20. Exports to the non-CIS states fell by 66.7%, the company said without disclosing absolute figures. The share of foreign contracts in the portfolio…
In the fourth quarter of 2019 the total production volume of the Anglo Asian Mining PLC gold mining company operating in Azerbaijan increased by 1.7%, to 82,800 ounces in gold equivalent (81,400 ounces in 2018). Gold production amounted to 70,100 ounces, which down by 3.7%. At the same time, copper production amounted to 2.2 tons,…
According to the decree of the President of Uzbekistan dated January 9, until the end of the year the Tashkent Agricultural Machinery Works will start producing pig iron castings. In December the first stage of the manufacture with the capacity of 12 thousand tons of castings per year and the investments of $16.3 million will…
In November 2019 Russia exported 2 thousand tons of ferrotitanium, down by 7.4% MoM, but up by 35% YoY. Deliveries to the Netherlands have dropped from 15.5 tons to 15.2 tons. Sales to China decreased by 61%, to 106 tons, and to Germany – by 13%, to 162 tons. In 11 months of 2019 exports…
