Russia: MMK railroad sales up in October 2018

In October MMK shipped 949.5 thousand tons of metal via railroad abroad and to local customers, up by 7.4% YoY.

In 10 months sales grew by 0.7% YoY, to 9 million tons.

Russian customers received 5.8 million tons, up by 5.2%, and exports totaled 3.21 million tons, down by 6.4%. (Ukrainian metal)

Russia: Bryansk region to produce tungsten and molybdenum oxides

Unecha Works of Refractory Metals will open a manufacture of tungsten and molybdenum oxides in the Bryansk region.

At present molybdenum oxide is not produced in Russia.

Under the project the Unecha Works will be provided with a loan of 500 million rubles.

The manufacture will help decrease imports to 26%. (Ukrainian metal)

Russia: Kamchatka PDA territory expanded to construct new GOKs

The borders of the Kamchatka priority development area have been extended. 12 new land plots have been added to its territory. There investors intend to construct mining and processing works to develop gold and silver deposits. The company Ametistovoye will construct a mine and modernize its gold-extracting factory. Kamchatskoye Zoloto will develop the Zolotoye, Kungurtsevskoye…


Russia: nickel export revenue up in January-September 2018

In January-September the export of Russian raw nickel totaled 101.8 thousand tons valued at $1366 million.

The export volumes fell by 1.5%, while revenue grew by 36.1% YoY.

In September the average price was $11646 per ton FOB, up by 4.8% YoY. (Ukrainian metal)