Ukraine: Selidovugol miners on strike

At the Novogrodovskaya mine of the state enterprise Selidovugol in Donetsk region 34 miners of the first shift refused to go above ground.

According to the chairman of the International Miners Union of Ukraine Mikhail Volynets, they demand paying salary.

“The miners want their salary debts cleared”, he wrote on his Facebook page. (Ukrainian metal)

Kyrgyzstan: investor from China not modernizing production at Makmalzoloto

“An investor from China doesn’t modernize production at Makmalzoloto,” Kyrgyzaltyn JSC cited deputy of the parliament Kozhobek Ryspayev. Yesterday he said that the investor, who was ready to work at Makmal, was tripped up. Kyrgyzaltyn specified that it was not a question of modernizing the existing production at Makmalzoloto plant. Kyrgyzaltyn signed an agreement with…

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Ukraine: Deripaska sells NGZ

The Antimonopoly Committee of Ukraine has allowed Glencore to buy Nikolaev Alumina Works from Rusal.

Glencore will own a share in Aluminiy Ukrainy LLC and Guardon Ukraina LLC, which own 13.96% and 86.04% in NGZ respectively.

In 2016 Nikolaev Alumina Works produced 1.51 million tons of alumina, up by 2% YoY. (Ukrainian metal)

Russia: metal prices up in September 2107

In September industrial product prices increased by 2.4%.

According to the Federal Service of State Statistics, in quarrying and ore processing prices increased by 14.4%, in non-ferrous metals ore – by 1.9%.

Pig iron, steel and ferroalloys became 11.2% more expensive, while non-ferrous metals prices increased by 8.3%, and copper – by 7.1%. (Ukrainian metal)

Russia: gold output up in September 2017

Russian gold bar production rose by 5.4% YoY but fell by 6.1% MoM in September, the Federal State Statistics Service said. In January-September, gold bar production increased by 8.1% YoY. In 2016, Russia’s gold bar output fell by 7.8%. Previously, absolute figures on the production of non-ferrous metals were a state secret. The figures are…

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Russia: TMK sales up in January-September 2017

In January-September TMK sold 2.56 million tons of pipes, up by 10.3% YoY.

According to the company report, in particular, it sold almost 2 million tons of seamless pipes, up by 13.1% YoY, and 625 thousand tons of welded pipes, up by 4.1% YoY. (Ukrainian metal)

Russia: TMK pipes sales up in Q3 2017

In July-September TMK sold 1.013 million tons of steel pipes, up by 5% QoQ. Sales of seamless pipes dropped by 5.3%, to 651 thousand tons because of the scheduled repairs. OCTG pipes sales remained on the level of the previous quarter. Welded pipes deliveries increased by 30.7% QoQ, to 362 thousand tons mostly because of…

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