CIS: steel output up in 2018

In December 2018 Russia produced 5.87 million tons of steel, down by 5.9% YoY (5.68 million tons in November 2018). In the whole year steel manufacture increased by 0.3% YoY, to 71.68 million tons. Ukraine, though no longer a part of CIS, decreased steel output in December 2018 by 0.6%, to 1.885 million tons (1.659…

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Russia: EZOTsM to increase exports to Uzbekistan

In late 2018 a delegation of Yekaterinburg Non-Ferrous Metals Processing Works visited Uzbekistan. The members of the company met with the representatives of two mining and processing works, cement manufacturer and continuous basalt fiber enterprise. The latter is already a customer of EZOTsM. The company intends to increase exports to Uzbekistan at least 2-2.5-fold. The…

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Armenia: re-launch of Teghut mine possible

The Teghut mine might get re-launched, according to Minister of Economic Development and Investments Tigran Khachatryan. When asked about the chances of Teghut resuming operations, the minister said: “Yes, there is hope, nothing is hindering them to start restoration works after clarifying their relations with the bank,” he said. In 2017, Teghut produced and exported…

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