“The events at Kyzyl-Ompol were politicized. We know who is behind this,” the President of Kyrgyzstan Sooronbai Jeenbekov said at a meeting with the residents of Balykchy town. According to him, the organization of such a commotion at the time when preparations for the tourist season were underway could be assessed as malicious action aimed…
The Krasniy Octyabr shaped casting shop has mastered the manufacture of special steel grades. Now the shop is capable of producing such complex steel grades as 18X11MNFB-Sh, 12X18N12T, 06X15N6MVFB, etc. One of the main peculiarities of the shop operation is the use of two-slag technique, when the oxidizing and restoration periods are carried out in…
Alexander Brechalov, governor of the Udmurtia Republic, has visited Izhstal under its industrial tourism program. In particular, he paid a visit to the electric arc shop. In 2010 a new steel smelting complex was commissioned in the shop. The complex consists of an arc furnace with the capacity of 40 tons of liquid metal, a…
Russian aluminum producer RUSAL is reregistering the business in a special administrative zone in Kaliningrad, Yelena Bezdenezhnykh, vice-president for regional policies and government relations, said at the St. Petersburg International Legal Forum. “RUSAL is relocating to Kaliningrad, as you know, there is reregistration,” Bezdenezhnykh said. “In this case this is one of the good examples…
Metalloinvest has in advance bought a part of its bonds issued in 2013 with maturity in 2020. In order to optimize its loan portfolio, the company using its own funds has bought back bonds valued at $62.114 million. Thus, there are now bonds valued at $270.615 million with maturity in April 2020 in free float.…
Ukrainian Railways will soon announce new trade in scrap in the ProZorro system. “In early May, Ukrzaliznytsia announced 8 auctions in the ProZorro system. 1 auction was cancelled due to a technical error, while there were no bids on the other 7 auctions”, the company reported. Ukrzaliznytsia intends to reform the lots and announce new…
On May 16, 4 auctions to sell scrap via the ProZorro system, organized by Ukrzaliznytsia, did not take place. The Ukrainian Railways intended to sell 8.7 thousand tons of scrap for 50.5 million UAH, 4.5 thousand tons for 25.3 million UAH, 7 thousand tons for 44.6 million UAH and 16.2 thousand tons for 103.7 million…
Precious metals prices decreased in Azerbaijan on May 17 compared to the prices of May 16. The price of gold fell by 17.034 manats, to 2,187.0500 manats per ounce. The price of silver dropped by 0.4213 manats, to 24.7221 manats per ounce. The price of platinum went down by 27.302 manats, to 1,412.2070 manats per…
