Kazakhstan: gold output up in January-April 2018

The gross output of raw and semi-processed gold in the powder form reached 28,848 kg in January-April, up by 8.4% YoY.

The overall output of raw and semi-processed silver in the powder form amounted to 334,194 kg, down by 6.5% YoY, the Statistics Committee of the Kazakh National Economy Ministry reports. (Kazinform/Ukrainian metal)

Russia: SUMZ to invest 200 million rubles in Vanyukov furnace repair

Sredneuralsky Copper-Smelting Works has started the scheduled repair of the Vanyukov furnace No. 1.

The company intends to invest some 238 million rubles in the repair.

The furnace commissioning is scheduled for June 8.

The Vanyukov furnace No. 1 was put into operation in 1994, and No. 2 in 2009. (Ukrainian metal)

Russia: Rusal revenue up in Q1 2018

In January-March Rusal revenue totaled $2.744 million, up by 19.5% YoY. The revenue grew following the increase of aluminum prices at the LME by 16.7%, to $2.159 thousand per ton from $1.85 thousand per ton. As the result the adjusted EBITDA increased by 20.4%, to $572 million from $475 million. Aluminum output in January-March dropped…

Russia: Karelsky Okatysh commissions new rope carriers

Karelsky Okatysh has put into operation a new unique rope carrier.

The machine is intended to quickly replace steel ropes at 10- and 20 cubic meters excavators.

The first rope carrier was assembled 9 years ago by KamAz specifically for Karelsky Okatysh. (Ukrainian metal)

Ukraine: LBS participants visit Zaporizhstal

Representatives of the world leaders in IT, sales, consulting and oil industries, studying at the London Business School, have visited Zaporizhstal. The company CEO Rostislav Shurma presented the environment modernization of the works. The guests have visited the central control room, and took a look at the new pickling line in the cold-rolling shop No.…

Russia: Dmitriy Kolomytsyn appointed NLMK Group Director, IR & Capital Markets

NLMK Group, a global steel company, has appointed Dmitriy Kolomytsyn Director, IR & Capital Markets. Kolomytsyn previously held the position of Head of Corporate Development. Sergey Takhiev, who previously headed NLMK Group’s Investor Relations, has decided to continue his professional growth in another company. Dmitriy Kolomytsyn joined NLMK Group in 2016. As Head of Corporate…