Last week the price of one ounce of gold decreased by over 72.2 manats ($42.5) or by 2.8%. Accordingly, the average price of one ounce of gold stood at 2,537 manats ($1,492). The price of one ounce of silver dropped by over 1.8 manats ($1.1) or by 6.1%, to 30 manats ($17.6). The price of…
DetailsIn August Russia exported 23.8 thousand tons of ferrosilicon, down by 37% MoM and by 31.6% YoY. Deliveries to the Netherlands grew almost 2-fold, to 7 thousand tons. At the same time exports to Turkey dropped by 74%, to 1.5 thousand tons, to Japan – by 64%, to 5.8 thousand tons and to Korea –…
DetailsIn October the Sverdlovsk Railroad transported 12.1 million tons of cargo, up by 1.3% YoY. In 10 months throughput totaled 117.8 million tons, up by 1.1% YoY. In particular, 8.7 million tons of ferrous metals and 1.9 million tons of coke were transported, up by 0.4% and by 4.7% YoY respectively. At the same time…
DetailsSince the start of the season in May the Mezhsopochniy site of the Nizhneyakokitskiy Mining and Processing Works has extracted 840 kg of gold, up by 350 kg from the target. This year the enterprise has implemented the solution re-circulation scheme, enabling it to additionally produce 25 kg of gold from the earlier processed ore.…
DetailsZlatoust Electrometallurgical Works exceeded the target output in October. The company produced 5756 tons of liquid steel, up by 9.3%. In particular, electric arc furnace shop manufactured 5199 tons of steel, up by 9.7%. Stainless nickel-containing steel and alloys accounted for 2230.2 tons. The rolling shop No. 1 produced 2175 tons of sections. The mill-1150…
DetailsVolnogorsk Mining and Steel Works has concluded an agreement with the company Promtekhsnab on the purchase of diesel fuel valued at 55.62 million UAH. This year the company has to supply 1800 tons of diesel fuel at 30,900 UAH per ton. The price is almost a quarter higher than the average price on the wholesale…
DetailsInterpipe had been forced to initiate an antidumping investigation of the imports of seamless hot-deformed steel pipes from China, as they grew 2-fold in 2018 and their share in overall imports increased to 50-55%. “We have felt the threat of the Chinese imports. In 2018 Chinese imports grew 2-fold, to 35 thousand tons, while in…
DetailsDneprovsky Iron and Steel Combine has finished repairs of the continuous casting machine No. 3. The machine is being commissioned. The repair cost 3.6 million UAH, though earlier DMK estimated the cost at 2.5 million UAH. (Ukrainian metal)
DetailsEnergomashspetsstal has received a new order from Thyssenkrupp Steel Europe. The German company has ordered two supporting rolls for the hot-rolling mill-1800. According to the contract the rolls have to be delivered in Q1 2020. Their combined weight is 70.93 tons. (Ukrainian metal)
DetailsZagorsky Pipe Works has successfully confirmed its certificate of the correspondence of pipe quality to European standards. In late October the company underwent an audit re-certification of products for the correspondence to 2014/68/ЕU as well as AD 2000/W0, 305/2011 Regulation and EN 10219-1. The audit has been carried out in 2 days. The certificate allows…
DetailsIn January-September Svyatogor, a part of UGMK, invested over 120 million rubles in labor protection, industrial and fire safety, etc. This amounted to 34.8 thousand rubles per each employee. In particular, to improve working conditions the company has spent 45.325 million rubles. 56.463 million rubles were invested in the purchase of special clothes, shoes and…
DetailsKUMZ is actively certifying its plates and sheets from the new rolling site for Boeing. This meets the company goal of market development and optimal loading of the new rolling manufacture. Boeing is treated as the first foreign corporation to audit KUMZ. (Ukrainian metal)
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