In May Russia imported 818 tons of magnesium, including scrap, down by 4.8% MoM, but up by 549.3% YoY. In 5 months imports grew by 32%, to 3.7 thousand tons. China decreased deliveries in May by 13%, to 704 tons, followed by Hong Kong – 12.7%. In monetary terms imports since the start of the…
In January-June Vorkutaugol, one of the largest coal-processing companies in Russia, increased output by 44% YoY. In particular, coal manufacture grew by 6%, to 4.3 million tons. Metallurgical coal output increased 4-fold, to 332.5 thousand tons. In H2 Vorkutaugol intends to commission two long faces at the Troynoy layer of the Vorkutinskaya and Zapolyarnaya mines.…
This year the Aldan district of Yakutia has set a record of gold output – 12.6 tons. “This means there is a development, new techniques are implemented, new jobs are created, and the district itself is developing”, the Yakutia governor Aisen Nikolayev noted while visiting Polyus Aldan gold-extracting factory. According to him, gold extraction is…
Krasnoyarsk region governor Alexander Uss has visited Boguchansky Aluminum Works where a construction of a foundry complex with the capacity of 120 thousand tons is drawing to an end. The alloys to be produced by the new line will be used in car manufacture. This is the first official visit to the site after the…
The authorities of Chelyabinsk region want to relaunch the manufacturing sites of Ufaleinickel, shut down several years ago. The regional governor Alexei Teksler has visited the town of Verkhniy Ufalei and the site of the plant. The main thing is to find investors. So far, only small investors have shown interest to the site. If…
Seversky Pipe Works is assembling the main machinery within a project to construct a new site of pipe heat treatment. The site No. 3 will be commissioned until the end of the year. The new site will allow STZ to master new types of products. The site capacity will be 300 thousand tons. The machinery…
The acting governor of Kurgan region Vadim Shumkov has discussed cooperation with the delegation of the MMK. In particular, he pointed to several priority ways of cooperation. “The first is to resume developing iron ore deposits in the region. We are also interested in creating a metal wares manufacture. Such products are in great demand…
The Eurasian Economic Committee has decided to suspend the imposition of an antidumping duty of 34.22% on steel railroad wheels from Ukraine. The decision comes into effect 30 days after publication and is valid through June 1, 2020. The repeated antidumping investigation on import of wheels from Ukraine was initiated by BelAZ and Kazakhstan Railways.…