Russia: MMK to increase flat prices

Traders working with MMK report that the management of the company’s sales services plans to review the earlier announced March prices on flat rolled metal by increasing them by 2-3%. The increase is explained by the sharp rise of raw materials prices and the world market rolled metal price growth. The increase in prices for…

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Kazakhstan: silver exports down in 2016

In 2016 Kazakhstan reduced exports of silver, however revenues grew and the country earned $584 million. Export volume in physical terms decreased by 8.8%, but in monetary terms it increased by 21.2%. In 2016 export of unprocessed or semi-finished silver and silver powder reached 1.17 thousand tons valued at $584.6 million. Kazakhstan’s main partner is…

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Russia: Yakovlevsky mine resumes operation

After a 6-months idleness Metal-group has resumed iron ore extraction at its Yakovlevsky mine in Belgorod region.

By March almost all employees have to be engaged in the work. Annual ore output is expected to increase to 100 thousand tons.

Since February 1, the operation started in limited volume, with 55% employees working. (Ukrainian metal)

Russia: Chelyabinsk Zinc modernizes indium manufacture

Chelyabinsk Zinc Works, a part of UMMC, carries on its large-scale technical modernization of the indium manufacture. According to the company spokesperson Natalia Vasilyeva, the works is the largest manufacturer of IN-00 indium with 99.999% metal content in the CIS-countries. The reconstruction of the hydrometallurgical shop saw the assembly of the new filter-press of FIL-TEC.…

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