In April, Vitim started extracting alluvial gold in Irkuts region. In just one month the company has extracted 200.2 kg of gold. At the same time, in April 2018 the company yielded 206 kg of gold. This year Vitim intends to extract 2800 kg of gold. The extraction season will last till November. (Ukrainian metal)
In 2018 Chelyabinsk Iron and Steel Works decreased net profit by 20.69% YoY, to 4.2 billion rubles, Sales revenue grew by 4%, to 124.3 billion rubles. The cost of assets as of the end of the year totaled 230 billion rubles, up by 57%. (Ukrainian metal)
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…
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)
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…
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…
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…
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…