In January-September Russia increased raw zinc output by 3.3% YoY. According to the Federal Service of State Statistics, in September raw zinc output dropped by 6.3% YoY and by 14.5% MoM. (Ukrainian metal)Details
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In January-September KAZ Minerals produced 97.1 thousand tons of copper (in cathodes), up by 66% YoY. In Q3 the company produced 44.5 thousand tons of copper cathodes, up by 43% QoQ. KAZ Minerals increases output volumes at its Bozshakol and Aktogay works, which will allow it to reach the target of 135-145 thousand tons of…Details
In January-September Bratsk Ferroalloys Works (a part of Mechel) produced over 23 thousand tons of FS-75 ferrosilicon, up by 80% YoY. This ferrosilicon is used in the production of electric steels, as well as springs, construction and car parts. The increase was the result of the improvement of the world market situation. The company exports…Details
Since the beginning of the year Azertexnolayn has supplied 47 million manats worth of pipes to Turkmenistan. In January the company signed an agreement to supply $40 million worth of pile pipes for the construction of Turkmenbashi seaport. Another $20 million contract presupposes the delivery of pipes for water pipelines. The company is able to…Details
Mechel-Service has sold 20 million tons of metal since it has been created. Mechel-Service was founded in 2005 in Chelyabinsk, where its main supplier – Chelyabinsk Iron and Steel Works – is situated. Now the company offices are present in all the federal districts of Russia, with 57 warehouses in 42 cities. Having started with…Details
Since the year start over 300 thousand square meters of buildings have been constructed using the metal structures produced by Severstal Stalnie Resheniya. Over 2700 tons of metal structures have been produced and supplied for the construction of a tire-producing plant in Ulyanovsk. The construction ended in September. Some 450 tons of metal structures have…Details
Novolipetsk Iron and Steel Works has successfully finished the project of replacing cold-rolled metal thermal treating equipment. 15 new stands of bell furnaces have been put into operation. The new equipment will increase cold-rolled metal with increased finishing quality output by 30%, and that with the highest quality – 4-fold. Fuel usage at the new…Details
The assets of the bankrupt Aluminum Casting Works (Altai) have been put on sale once again for 504.47 million rubles, down by 16%. The auction will be held on November 28. The previous sale at 600 million rubles was canceled due to the absence of offers. The company, created in 1992, was named bankrupt in…Details
Kurilgeo, the sole gold miner in Sakhalin region, plans to mine 1.6 tons of gold at its Urup island deposits. “In January-September we mined 1.2 tons of gold and 3.5 tons of silver, receiving 1.18 tons of gold and 3.42 tons of silver. Our plan is to receive 1.6 tons of gold this year”, a…Details
Viktor Vekselberg and Leonard Blavatnik, for $700 million. Vekselberg earlier reported that his company wanted to increase the stake in RUSAL because it saw a high potential in the asset. According to one of the sources, the deal can be closed by the end of November. The money to pay for the stake will be…Details
Azovstal Iron and Steel Works has received the pilot tank with pulverized coal fuel. At the same time the PCI machine is being constructed there at the blast furnace No. 4. The Metinvest investments into the major project total $17 million. The fuel was delivered from the Mariupol Ilyich Iron and Steel Works in the…Details
On behalf of the Military prosecutors of the South region the General prosecutor’s office has addressed the Ministry of economic development and trade asking it to punish Ukrainian Chemical Products (ex-Crimean Titan) by stopping its economical activities. The prosecutors said, that despite the ban to trade with Crimea, in 2015-2016 the company supplied raw materials…Details
On October 26, the chairman of the Volyn regional state administration Vladimir Gunchik had a phone conversation with the minister of energy and coal industry Igor Nasalik on the Volynugol situation, Novovolynskaya mine No. 10 construction and salary debts to miners. The parties have reached the agreement that by the end of the week 100%…Details