Izhorsky Pipe-Rolling Plant LLC and Siberian Industrial Holding Trading House LLC have supplied pipe products for a joint project of RN-Exploration LLC and Union CubaPetroleo (CUPET) on Cuba. According to the order ITPZ produced compressor-pump pipes with the diameter of 89 mm to be used for capital repairs of shafts at the oil deposit. And…
In January-July industrial metallic ores output grew by 2.2%, while metal and wares – by 1%. According to the State Statistics Service, in July ores output went up by 0.4% MoM, while metal – by 9.5%. In particular, in 7 months Ukraine produced 93.9 million tons of non-sintered iron ore, down by 1.3%, 37 million…
Centerra Gold Inc. announced that the remaining Kyrgyz legal proceedings affecting Kumtor project and the international arbitration proceeding at the Permanent Court of Arbitration had been terminated, in accordance with the Strategic Agreement on Environmental Protection and Investment Promotion previously entered into with the Government of the Kyrgyz Republic. Accordingly, the parties have achieved the…
Ukrainian Railways have ordered Interpipe Ukraine LLC the delivery of tyres valued at 149.8 million UAH. This year the company will supply 5713 pieces of tyres of carbon steel produced by Interpipe NTZ not earlier than March 2018. The price of the agreement was 0.001% below the expected cost of the purchase. The only competitor…
With gold prices up at near six-year highs, markets remain nervous on Wednesday August 28 about just how much damage the United States-China trade war is doing and whether it will be reversible before it leads to a global recession. Most base metals prices have fallen to low levels and are failing to get any…
World crude steel production for the 64 countries reporting to the World Steel Association was 156.7 million tonnes in July 2019, a 1.7% increase compared to July 2018. China’s crude steel production for July 2019 was 85.2 million tonnes, an increase of 5.0% compared to July 2018. India produced 9.2 million tonnes of crude steel…
A summary of base metals premiums from across the globe for the week to Tuesday August 27. Please click… Source of information
The Edge Markets reported that dragged by lower selling prices, Southern Steel Bhd reported a net loss of RM34.85 million for the fourth quarter ended June 30, 2019, as compared with a net profit of RM35.21 million a year ago. This is the third consecutive quarterly net loss, resulting in a full year loss of…