Here are five Fastmarkets MB stories you might have missed on Wednesday August 21 that are worth another look. Swiss trading house Trafigura has begun blending copper concentrates in Malaysia, with small batches of output being offered to the market, Fastmarkets has learned. Zinc premiums in the United States widened upward in the week to Tuesday…
Global crude stainless steel production is predicted to reach a new record annual total of 53.1 million tonnes, in 2019. This would exceed the previous high figure, set last year, by more than 4.6 percent. Despite strong expansion in emerging countries, such as India and Indonesia, Chinese growth continues to outstrip the world average. MEPS’…
NLMK Group (LSE: NLMK; MOEX: NLMK) is pleased to announce that it has joined the United Nations Global Compact, the world’s largest sustainable development and corporate social responsibility initiative. As a participant of the UN Global Compact, NLMK Group voluntarily commits to align its operations and strategy with ten universally accepted principles in the areas…
Moscow, 30 April 2019 – RUSAL, a leading global aluminium producer, announces its operating results for the first quarter 2019 (“1Q19”). Key highlights Aluminium Aluminium production in 1Q19 totaled 928 thousand tonnes (-1.6% quarter-on-quarter (“QoQ”)), with Siberian smelters representing 93% of total aluminium output; In 1Q19, aluminium sales amounted to 896 thousand tonnes. In 1Q19…
RUSAL (486 Hong Kong, RUAL Moscow Exchange), one of the largest aluminium producers in the world, will plant 500 thousand trees in the Irkutsk region, as part of the Company’s climate strategy on greenhouse gas absorption. During the St. Petersburg Economic Forum, RUSAL, the Federal Forestry Agency and the Government of the Irkutsk region signed…
The Gornaya mine in Lugansk region is operating in emergency mode and could drown because of electricity debts. Since August 1 the Pervomayskugol mine has not been able to operate in normal mode. The mine is also lacking spare parts. If the situation is not stabilized, the mine will be flooded. (Ukrainian metal)
Rustechnogroup has paid a multi-million tax debt after the regional bailiffs arrested the company fleet. The Belgorod-based enterprise of the company producing construction metal structures owed 5.4 million rubles of taxes. The bailiffs asked to arrest the company accounts and prohibit any registration activities with its cars. As of today all the prohibitions have been…
Kyshtym Electrolytic Copper Plant has received a set of power machinery for the copper foil electrolysis shop under construction. In particular, the company has received two out of six rectifiers and four dry transformers with the capacity of 3.2 MW each. The machinery will be assembled when the construction works in the new shop are…