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Russia: magnesium import up in September 2019

magnesiumBy admin21.11.2019Leave a comment

In September Russia imported 437 tons of magnesium, up from 433 tons in August, and 60-fold YoY. China accounted for 435 tons, up by 8%. In 9 months imports totaled 6.2 thousand tons, up by 88% YoY. In monetary terms since the start of the year the imports have increased by 99%. Import price in…

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Russia: Tuapse port metal throughput down in January-September 2019

metal industryBy admin21.11.2019Leave a comment

In January-September Tuapse Sea Trade Port transported 10 million tons of cargo, up by 5.5% YoY. Ferrous metals accounted for 1.9 million tons, down by 15.4%. In particular, the port transported 1.7 million tons of slabs, down by 13.3%. (Ukrainian metal)

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Russia: TMK revenue down in January-September 2019

TMKBy admin21.11.2019Leave a comment

In January-September TMK received $3,667 million of revenue, down by 4% YoY. The Russian division revenue grew by 4%, to $2,719 million. EBITDA reached $508 million, down by 3%, with Russian EBITDA amounting to $438 million, up by 21%. Net debt as of September 30 totaled $2,671 million. (Ukrainian metal)

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Russia: Evraz Metal Inprom supplies rolled metal for CherMK BF3 construction

EvrazBy admin21.11.2019Leave a comment

Evraz has shipped some 400 tons of S255 and C345 beams manufactured at NTMK for the construction of the blast furnace No. 3 at Cherepovets Iron and Steel Works. The construction began in 2018, and the furnace will be blown in H2 2020. The rolled metal was shipped in April-October. (Ukrainian metal)

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Russia: OMZ-Spetsstal strengthening positions in Belarus

OMZ-SpetsstalBy admin21.11.2019Leave a comment

OMZ-Spetsstal has signed a partnership agreement with a major trader on the tool steel market – Interstal, which will promote its products in Belarus. The yearlong agreement will allow OMZ-Spetsstal improving the efficiency of sales on the Belarusian market, while Interstal will increase its product portfolio. The company customers are over 400 enterprises, including MAZ,…

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Azerbaijan: silver production up in January-October 2019

silverBy admin21.11.2019Leave a comment

Azerbaijan increased its silver production by 22.1% in 2019 compared to 2018. The country produced 3,218.1 kg of silver in January-October, the State Statistics Committee reported. In particular, silver mining in Azerbaijan amounted to 348 kg in October. Reserves of mined silver in the warehouses of manufacturing companies were 36.3 kg as of October 31.…

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Russia: ferrosilicomanganese imports down in September 2019

ferrosilicomanganeseBy admin21.11.2019Leave a comment

In September Russia imported 7.6 thousand tons of ferrosilicomanganese, down by 48% MoM and by 23% YoY. Deliveries from Georgia and Kazakhstan dropped by 64% and by 6%, to 2.6 thousand tons and 5 thousand tons respectively. In 9 months imports totaled 135 thousand tons, down by 5% YoY. In monetary terms since the start…

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Russia: Maristyi gold output up in 2019

goldBy admin21.11.2019Leave a comment

Maristyi LLC, developing alluvial sites in Amur region, has extracted 622.8 kg of gold this season, up by 19% YoY. Last year the output totaled 522 kg. The company operates on the territory of the Zeisk district. As of June it had 29 licenses to use subsoil, including 4 for prospecting. (Ukrainian metal)

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Russia: Evraz supplies over 2 thousand tons of flanged beams for largest mall in Yekaterinburg

Evraz NTMKBy admin21.11.2019Leave a comment

One of the largest malls in Russia – the VEER mall in Yekaterinburg – is being constructed out of flanged beams manufactured at the Evraz NTMK. The seamless rolled flanged beams provide more strength to the structure, as they can withstand more load compared with welded flanges. The metal is supplied by Evraz Metal Inprom.…

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Russia: Norilsk Nickel to hold IPO of Bystrinsky after 2020

Norilsk NickelBy admin21.11.2019Leave a comment

Russian metals producer Norilsk Nickel does not rule out holding an initial public offering (IPO) of the Bystrinsky GOK ore-dressing plant project after 2020, CFO Sergei Malyshev announced. “IPO is one of the market tools for this project. A decision by shareholders whether to hold or not to hold the placement must be made. We…

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Ukraine: Pavlogradugol profit up in January-September 2019

DTEK PavlogradugolBy admin21.11.2019Leave a comment

In January-September DTEK Pavlogradugol received 7.9 billion UAH of profit, up by 46% YoY. Net income totaled 25 billion UAH, the prime cost of the manufactured products – 14.7 billion UAH and the gross profit – 10.3 billion UAH. In 9 months the enterprise mined 14 million tons of coal. DTEK owns 100% of the…

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Ukraine: Brazil introduces duties on plates

antidumpingBy admin20.11.2019Leave a comment

The Brazilian Ministry of Industry has prolonged for 5 years antidumping duties on plate steel with the thickness from 4.75 mm and the width of over 600 mm originating from China, Ukraine, Republic of South Africa and South Korea. The duty for Ukrainian companies is the lowest – $52.02 per ton. The duty was first…

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Russia: metal companies not to cut investments

metal industryBy admin20.11.2019Leave a comment

Despite crisis, Russian metal companies Evraz, Severstal and MMK, accounting for over 50% of steel output in the country, do not intend to decrease investments. In particular, next year Severstal will spend 1.7 billion rubles on investments, up by 23% YoY. Evraz will increase its annual investments to $1 billion in 2020-2023 from the previous…

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Ukraine: fire extinguished at Toretskugol mine

ToretskugolBy admin20.11.2019Leave a comment

A fire broke out at the Severnaya mine, a part of the state enterprise Toretskugol. All the operation was suspended. According to the firefighters, the fire engulfed 1500 square meters of an administrative building roof. The fire has been extinguished. There were no casualties or injured. (Ukrainian metal)

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