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In January-October, Interpipe increased steel output by 23.3% YoY, to 790 thousand tons. Railroad products manufacture dropped by 12.2%, to 141.5 thousand tons, while that of pipes grew by 28.8%, to 499.7 thousand tons. In October, Interpipe produced 63.2 thousand tons of steel, 14 thousand tons of railroad products and 56.3 thousand tons of pipes.…
DetailsIn January-September, Russia produced 268 tons of gold. Ore gold amounted to 219 tons, auxiliary gold – 13 tons, secondary gold – 25 tons and gold in concentrates – 11 tons. This year, the Union of Gold Miners expects output to reach 366 tons. At the same time, demand could drop by 3%, to 362…
DetailsIn January-October, trade turnover with Turkey amounted to $1.67 billion, including $260.09 million of exports, up by 66.4%, and $1.42 billion of imports, up by 25.3%. The export of semi-finished products of pig iron and unalloyed steel occupied the fifth place in the export structures, accounting for 37742 tons, up by 42.6%. Revenue totaled $20.34…
DetailsNikopol Ferroalloy Plant has started returning its furnaces to operation, after it decreased output in October due to a drop in demand for ferroalloys and another growth of electricity prices. All the company employees have returned to work, and the enterprise is increasing output. The furnaces Nos. 8 and 15 have already been switched on,…
DetailsIn January-October, Ukraine produced 8 million tons of 6% moisture coke, on par with the previous year level. In October, output totaled 738 thousand tons, in September – 702 thousand tons, in August – 811 thousand tons and in July – 826 thousand tons. By-product coke plants received 10.662 million tons of coking coals, down…
DetailsIn January-October, Magadan region extracted 45.43 tons of gold, up by 6% YoY. Ore gold accounted for 26.88 tons (+6%) and alluvial – 18.55 tons (+5.6%). Silver output grew by 11%, to 544 tons. This year, gold output is expected at the level of 48 tons and silver – 580 tons. (Ukrainian metal)
DetailsA new initiative will see metallic rare-earth elements (REE) products manufacturing set up in Ida-Viru County, thanks to a deal between the Estonian state and the private sector. The project fits into the state’s green transition strategy. Estonian metallurgy firm NPM Silmet is to construct a major plant in Sillamae, Ida-Viru County, which will produce…
DetailsThe Russian state corporation VEB.RF will provide $800 million to Almalyk Mining and Processing Works for construction of the copper-processing factory. Earlier, the enterprise concluded a contract with UZTM-Kartex (Uralmashzavod) and Enter Engineering for $2 billion for the financing of the construction and delivery of machinery in 2022. Enter Engineering will build the factory, while…
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