In February, Armenia produced 887 tons of molybdenum concentrate, up by 7.9% MoM and by 6.4% YoY. FeMo manufacture grew to 555 tons, by 14.2% MoM and by 51% YoY. The increase is due to the growing demand in Europe, the main sales market for Armenia. In January-February, molybdenum concentrate output dropped by 4.6% YoY,…
In March, Far Eastern Railroad transported 4.27 million tons of cargo, up by 1.8% YoY. In particular, iron and manganese ore transportation grew by 9.3%, to 533 thousand tons, and metal wares – by 22.4%, to 290 thousand tons. At the same time transportation of coal decreased by 5.8%, to 4.596 million tons. (Ukrainian metal)
In March, Electrum Plus LLC, a part of Susumanzoloto, extracted 35.5 kg of gold at the Vetrenskoye mine in Magadan region. The combined result for the first quarter is 95.1 kg of gold with the target at 72 kg. At the same time YoY results dropped – in Q1 2018 Electrum Plus produced 96.8 kg…
Beloretsk Iron and Steel Works has supplied trial batches of steel ropes with polymer coating to Kazakhstan, Belarus, Uzbekistan, Kyrgyzstan, Bulgaria and Estonia. These ropes have higher wear-resistance compared with ropes without polymer coating. BMK is the first company in Russia to produce such ropes. Beloretsk Iron and Steel Works exported ropes with diameter of…
In January-February Russia exported 675.8 thousand tons of aluminum valued at $1.232 billion, up by 49.4% and by 49.7% YoY respectively. According to the Federal Customs Service, nickel exports grew by 41.4%, to 26.3 thousand tons valued at $312.6 million, up by 27.4%. And the exports of copper went up by 4.9%, to 131.8 thousand…
Mines of the two state enterprises – Toretskugol and Lisichanskugol – have received warnings that they will not be provided with electricity due to debts. At some enterprises electricity has already been partially cut off. The trade unions noted that the order of the Cabinet of Ministers to provide 450 million UAH from the state…
Energomashspetsstal has concluded an agreement with the daughter company of the global industrial concern SalzgitterAG. Salzgitter Flachstahl GmbH has become the new business partner of the company. According to the agreement, EMSS will produce and ship 2 supporting rolls to Germany. The total weight of the rolls to be delivered in Q4 is 80 tons.…
In January-March Electrostal Tyumeni produced 131.3 thousand tons of rolled metal, including 33 thousand tons of bars, up by 53% YoY. The company intends to have reached its full design capacity by late 2019. Last year Electrostal Tyumeni sold 549 thousand tons of rolled metal, up by 17% YoY. The company has mastered the manufacture…