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The Velikomostovskaya mine of the state enterprise Lvivugol has exceeded its annual plan by 112.6%. On September 10 the mine completed its annual plan on rock mining. Since the start of the year the enterprise has mined 1550 meters of rock. (Ukrainian metal)
DetailsIn January-August the Republic of Buryatia extracted 3482.8 kg of gold, down by 2% YoY. In particular, ore gold accounted for 2269.8 kg, on par with the previous year results. The republic has also obtained 1213 kg of alluvial gold, down by 5%. In January-July gold output totaled 2929.7 kg, up by 7% YoY. (Ukrainian…
DetailsRushydro and Rusal have taken a pause in the construction of the Taishet Aluminum Plant because of the sanctions. Earlier the Rushydro CEO Nikolai Shulginov noted that the company deemed it necessary to review the initial conditions of participation in the project. Rusal began constructing the plant in Irkutsk region in 2006, but had to…
DetailsIn January-August deliveries of steel products to construction companies (including imports) decreased by 7.8% YoY. Bars accounted for 43.6% of the total deliveries. The result dropped by 8% YoY. Shapes and sections accounted for 34%, down by 8%. The share of roofing steel, including galvanized, was 8.1%, down by 11.7%. The share of steel pipes…
DetailsIn June-August direct deliveries of ferrous scrap to the major metal companies and pipe plants totaled 4.31 million tons. According to the railroad statistics, this is up by 13.7% YoY. At the same time it is down by 2.8%, up by 22.6% and by 12% compared to 2014, 2015 and 2016 respectively. (Ukrainian metal)
DetailsAccording to the statistics committee of the Ministry of National Economy, in August Kazakhstan produced 0.374 million tons of steel (0.367 million tons in July), down by 5.2% YoY. In January-August steel manufacture dropped by 0.5%, to 3.061 million tons. Flat rolled metal output grew by 7.1%, to 2.017 million tons, with 0.279 million tons…
DetailsMagnitogorsk Iron and Steel Works will take part in the Expert Group for the Development in Russia of Standards for the Implementation of Technology and Innovation. A unified methodology will increase demand for Russian technology and help boost Russian companies’ competitiveness. The standards will constitute recommendations on working with external innovations, along with other measures…
DetailsThe prices of precious metals varied in Azerbaijan on September 12, according to the data published by the Central Bank. The price of gold decreased by 0.5355 manats, to 2,029.222 manats per ounce on September 12, compared to the price on September 11. The price of silver decreased by 0.0787 manats, to 23.9715 manats per…
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