In July Russia imported 2.1 thousand tons of aluminum scrap and wastes, down by 32% MoM and by 29.4% YoY. Kazakhstan, USA and Kyrgyzstan have decreased their deliveries by 33%, 31% and 40% respectively. In 7 months imports totaled 16.4 thousand tons, down by 27.8% YoY. In monetary terms since the start of the year…
Mining holds the largest share in the industrial production in Azerbaijan. Mining of precious metals such as gold and silver is increasing in volume. Thus, gold mining amounted to 2,405 kg in January-August, up by 7.2% YoY, the State Statistics Committee stated. In August alone 344.8 kg of gold was mined in Azerbaijan and transferred…
The gold-bearing deposit Polyanka, situated in the Nikolayevsk Advanced Development Territory, has been put into operation. NGK Resurs will be mining and processing some 1.5 million tons of gold-bearing ore per year. The resources of the deposit amount to 100 tons of gold. Until 2025 the investor plans to mine 7.7 tons of gold and…
The three-month nickel price on the London Metal Exchange was higher during morning trading on Wednesday September 18, edging back above the $17,000-per-tonne resistance level despite moderate turnover, while the rest of the complex consolidated lower. Nickel’s outright price was recently seen at $17,170 per tonne, while trading volumes over the morning were modest at…
In July Russia imported 79 thousand tons of chromium ore and concentrate, up by 4% MoM and by 14.3% YoY. Most of the ore was imported from Kazakhstan. But deliveries have been falling for several months: April – 82.9 thousand tons, May – 77.1 thousand tons, June – 69.8 thousand tons and July – 61.5…
In January-August Russia produced 34.1 million tons of pig iron, down by 1.9% YoY. In August the output dropped by 0.8% YoY, but grew by 1.3% MoM. According to the Federal Service of State Statistics, Russia produced 39.4 million tons of unalloyed steel and semi-finished products, down by 1.1% YoY. In August the manufacture decreased…
In January-August rolled metal consumption in Ukraine dropped by 10.99% YoY, to 2.83 million tons. Imports accounted for 953.4 thousand tons, or 33.7%, up by 3.5%. In 8 months of 2018 the domestic market consumed 3.141 million tons of rolled metal, including 948.5 thousand tons, or 30.2% of imports. The share of flat rolled metal…
Magnitogorsk Iron and Steel Works’ (MMK) representatives took part in the Second Congress of the Russian Steel Association on labor protection, industrial and environment safety held in Stary Oskol. MMK invests around 2.5 billion rubles in occupational safety every year. The event was held on September 10-11 on the site of the Oskol Electrometallurgical Plant…