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Author Archives: admin

Russia: Susumanzoloto net profit up in Q1 2019

SusumanzolotoBy admin13.05.2019Leave a comment

In January-March, Susumanzoloto extracting gold in Magadan region, received 1.486 billion rubles of revenue, down by 16% YoY. Sales profit grew 2-fold, to 306.4 million rubles. The company net profit increased by 53%, to 106.5 million rubles. In 2018 Susumanzoloto received 2.039 billion rubles of net profit, with the total volume in 5 years reaching…

Russia: metal deliveries to traders up in April 2019

metal industryBy admin13.05.2019Leave a comment

In April, the deliveries of metal via railroad to the trade network warehouses reached 0.95 million tons. According to the railroad statistics, deliveries grew by 5% YoY. In January-April, railroad deliveries increased by 2% YoY, to 3.54 million tons. (Ukrainian metal)

Russia: NLMK supplies steel for new Liebherr heavy-duty mobile cranes

NLMKBy admin13.05.2019Leave a comment

NLMK Group has delivered its first batch of high-strength Quend 1100 steel to Liebherr, one of the world’s largest manufacturers of construction machinery. NLMK Clabecq (NLMK Group’s Belgian company) will supply steel to produce telescopic booms for a new type of Liebherr mobile cranes with a load capacity of 230 t. The prototype has been…

Azerbaijan: palladium prices up on May 13, 2019

precious metalsBy admin13.05.2019Leave a comment

Some precious metals prices decreased in Azerbaijan on May 13 compared to the prices of May 10. The price of gold dropped by 4.3775 manats, to 2,183.0125 manats per ounce. The price of silver went down by 0.1518 manats, to 24.9944 manats per ounce. The price of platinum fell by 6.0775 manats, to 1,451.4515 manats…

Ukraine: EMSS supplies 380 tons of products to metal companies

EnergomashspetsstalBy admin13.05.2019Leave a comment

In April, Energomashspetsstal shipped 380 tons of various products to 10 Ukrainian companies. According to the agreements concluded, EMSS supplied rolls, tyres, rods, wheels, etc. The company has also shipped another batch of parts for the manufacture of wind turbines. At present EMSS is working on rolls for Mariupol Ilyich Iron and Steel Works and…

Ukraine: DSS increases suppliers list

Dneprospetsstal electrometallurgical worksBy admin13.05.2019Leave a comment

On May 7, the sales department of Dneprospetsstal held a meeting with the Energosteel Plant LLC representatives. The parties have reached an agreement on the supplies of a trial batch of 200 tons of milling balls in May. The company is interested in supplying balls with the diameter of 80 mm, the monthly sales of…

Ukraine: iron ore raw materials exports up in January-April 2019

iron oreBy admin13.05.2019Leave a comment

In January-April, Ukraine increased iron ore raw materials exports by 7.2% YoY, to 12.705 million tons valued at $1.049 billion, up by 15.1%. According to the State Fiscal Service, deliveries were made to China (20.35%), Poland (14.35%) and the Czech Republic (11.23%). Ukraine also imported 45 tons of iron ore raw materials valued at $24…

Azerbaijan: precious metals market on May 6-10, 2019

precious metalsBy admin13.05.2019Leave a comment

The price of one ounce of gold increased by 7.429 manats or by 0.3% last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2,184.0027 manats. The price of one ounce of silver decreased by 0.1095 manats or by 0.4%, to 25.291 manats. The price of one ounce of platinum…

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