In January-March Raspadskaya sold 1.9 million tons of coal concentrate, up by 12% YoY and by 6% QoQ. Domestic sales accounted for 545 thousand tons and exports for 1.4 million tons. The sales price grew by 12% QoQ, with domestic prices up by 15%, and export prices by 13%. Coal output increased by 4% YoY…
DetailsSince April 20 the processing factories of Rusolovo have started operating in normal mode. This is the first time that the season starts so early. Prior to the official commissioning the factories were operating in the testing mode. The commissioning of the Solnechnaya factory was complicated by the problems with the frozen water pipeline. “The…
DetailsIn January-March Norilsk Nickel produced 54 thousand tons of nickel, up by 1% YoY. The manufacture of the company own raw materials totaled 53 thousand tons, up by 8%. The increase has to do with the growth of converter matte processing. Copper output totaled 112 thousand tons, up by 18%. The manufacture of copper from…
DetailsSeverstal has started manufacturing high-strength and wear-resistant steel grades. Their usage decreases the thickness of rolled metal used by increasing its strength, thus affecting the railroad cargo throughput. The company has also presented two-layer steel grades. “The Cherepovets Iron and Steel Works two-layer metal could replace foreign analogues on the Russian market, which the railroad…
DetailsThe industrial port of Cherepovets Iron and Steel Works has started the 2018 navigation. The first vessels with metal will head to St Petersburg, Samara, Ulyanovsk, Taganrog and Nizhny Novgorod. The warehouses stock some 40 thousand tons of metal. The warehousing territory has been increased by one third. In 2017 the CherMK port throughput was…
DetailsIreland has considered several scenarios of intervention in operations of a local plant of Russian aluminum maker RUSAL Aughinish Alumina after the U.S. sanctions. Yet all of them have been rejected, Reuters reported, citing a source with knowledge of the situation. On April 6 the U.S. imposed sanctions against 38 Russian tycoons, officials and companies…
DetailsRussia’s RUSAL will overhaul its board and management in the hope the U.S. will remove the aluminum firm from a sanctions list so it can restart shipments to its customers around the world, Reuters reported citing two sources. The sources, familiar with the developments but who asked not to be named because they were not…
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