According to the National Statistics Department of Georgia, in January-March the total trade with Turkey amounted to $330.7 million, including $54.79 million of exports, up by 9.6% YoY, and $275.96 million of imports, down by 5.5%. Pig iron and alloyed steel semi-finished exports reached 17443 tons valued at $6.32 million, up by 186.2% and by…Details
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In January-March Russia increased raw copper output by 3.3% YoY, while the production of copper alloys dropped by 22.7%. According to the Federal Service of State Statistics, copper flakes and powders output decreased by 5.4%, of rods and shapes – by 28.4%, at the same time wire production went up by 15%, and foil –…Details
In 2017 Novokuznetsk Aluminum Works, a part of RUSAL, will increase its investments by 27.3%, to 280 million rubles. According to the company managing director Victor Zhirnakov, aluminum output will remain on the 2016 level – 213 thousand tons. 180 million rubles will be invested in various environment protection measures, and 100 million rubles –…Details
In January-March the Pipe Metal Company sold 850 thousand tons of pipes to customers, up by 0.6% YoY. According to the company statement, seamless pipes sales increased by 16.7%, to 658 thousand tons thanks to the stable demand form oil-and-gas companies. Welded pipes sales dropped by 31.8%, to 192 thousand tons, mostly because of the…Details
At Ural Steel, part of Metalloinvest, the roller treatment furnace No. 1 and heat treatment machine No. 1 complex is undergoing construction. Currently, design and surveying work is ongoing. 1.5 billion rubles have been invested in the project, which is planned to be completed in 2018. The project entails the installation of new high-performance equipment…Details
In 2017 Olenegorsky Mining and Processing Works, a part of Severstal, will buy four 136-ton Catterpillar-785 dump trucks, the first will be delivered in August. “The company also plans to buy two drilling rigs and a forklift loader”, the company acting CEO Alexei Scherbakov said. OGOK investments in 2017 will total 1.4 billion rubles. Earlier…Details
Aluminum producer RUSAL plans to keep its output on the level of 2016, or 3.685 million tons, in 2017, CEO Vladislav Solovyov said on the sidelines of a forum on April 21. “No less than last year. I think, at last year’s level,” Solovyov said. The Kemerovo region said that RUSAL would raise its investment…Details
The National Bank of Ukraine forecasts that most of metal and coke plants will have improved their output to the level of 2016 by the end of 2017. “The enterprises on the Ukraine-controlled territory, which received raw materials from uncontrolled territory, would gradually reorient themselves to other supply sources, either by increasing output on controlled…Details
According to Module-Ukraine purchasing manager Ilya Begichev, Ukrainian coated metal market in the galvanized rolled metal segment is as follows: 0.7-1.2 mm – 35%, 0.42-0.65 mm – 36%, 0.33-0.4 mm – 30%. Polymer-coated metal market: 0.33-0.4 mm – 29%, 0.42-0.5 mm- 52% and 0.6-0.8 mm – 16%. Module-Ukraine goes on developing and increasing output and…Details
In January-March the Amur region yielded 4677 kg of gold. The state enterprise Petropavlovsk mined the most gold: 1689 kg by Pokrovsky mine, 14171 kg by Albynsky mine and 512 kg by Malomorsky mine. Berezitoviy mine of Nordgold yielded 751 kg. Gold-mining in Amur region continues falling due to the low metal contents in ore.…Details
In 2016 Chelyabinsk Pipe Works sold 1.735 million tons of pipes, down by 16% YoY. The group explains the decrease with the change in supply time to Gazprom and the drop of demand from the traditional pipe consumers. Local ChTPZ sales dropped by 20% YoY, to 1450 thousand tons, while exports grew by 31%, to…Details
In 2016 VSMPO-Avisma received 26.633 billion rubles of net profits, up 1.8-fold YoY. Revenues increased by 4.9%, to 76.2 billion rubles, sales profits – by 1.4%, to 30.27 billion rubles. The company fixed liabilities dropped by 15.9%, to 41.495 billion rubles, current liabilities – by 16.1%, to 31.672 billion rubles. By 2021 the company intends…Details
The authorities of the Schelkovo district of the Moscow region were presented the project of modernization of Schelkovo Iron and Steel Works and the putting into operation of the tin-plate line. According to the production workshop head Vladimir Merkulov, investments will total some 3.5 billion rubles. The main problem in the realization of the project…Details