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Aluminum producer RUSAL plans to keep its output on the level of 2016, or 3.685 million tons, in 2017, CEO Vladislav Solovyov said on the sidelines of a forum on April 21. “No less than last year. I think, at last year’s level,” Solovyov said. The Kemerovo region said that RUSAL would raise its investment…
DetailsThe National Bank of Ukraine forecasts that most of metal and coke plants will have improved their output to the level of 2016 by the end of 2017. “The enterprises on the Ukraine-controlled territory, which received raw materials from uncontrolled territory, would gradually reorient themselves to other supply sources, either by increasing output on controlled…
DetailsAccording to Module-Ukraine purchasing manager Ilya Begichev, Ukrainian coated metal market in the galvanized rolled metal segment is as follows: 0.7-1.2 mm – 35%, 0.42-0.65 mm – 36%, 0.33-0.4 mm – 30%. Polymer-coated metal market: 0.33-0.4 mm – 29%, 0.42-0.5 mm- 52% and 0.6-0.8 mm – 16%. Module-Ukraine goes on developing and increasing output and…
DetailsIn January-March the Amur region yielded 4677 kg of gold. The state enterprise Petropavlovsk mined the most gold: 1689 kg by Pokrovsky mine, 14171 kg by Albynsky mine and 512 kg by Malomorsky mine. Berezitoviy mine of Nordgold yielded 751 kg. Gold-mining in Amur region continues falling due to the low metal contents in ore.…
DetailsIn 2016 Chelyabinsk Pipe Works sold 1.735 million tons of pipes, down by 16% YoY. The group explains the decrease with the change in supply time to Gazprom and the drop of demand from the traditional pipe consumers. Local ChTPZ sales dropped by 20% YoY, to 1450 thousand tons, while exports grew by 31%, to…
DetailsIn 2016 VSMPO-Avisma received 26.633 billion rubles of net profits, up 1.8-fold YoY. Revenues increased by 4.9%, to 76.2 billion rubles, sales profits – by 1.4%, to 30.27 billion rubles. The company fixed liabilities dropped by 15.9%, to 41.495 billion rubles, current liabilities – by 16.1%, to 31.672 billion rubles. By 2021 the company intends…
DetailsThe authorities of the Schelkovo district of the Moscow region were presented the project of modernization of Schelkovo Iron and Steel Works and the putting into operation of the tin-plate line. According to the production workshop head Vladimir Merkulov, investments will total some 3.5 billion rubles. The main problem in the realization of the project…
DetailsIn 2016 Russia consumed 2.6 million tons of galvanized steel and 1.9 million tons of polymer-coated rolled metal. Metal Profile Company processed and sold some 600 thousand tons of coated metal, according to the company commercial director Dmitry Andreev. The expert noted a worrying trend of thinning metal. In 2015 0.3-0.35 mm thick steel consumption…
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