Since the start of the washing season Vitim, developing alluvial sites in Irkutsk region, has extracted 2,693 kg of gold, down by 4% YoY. The operation at the sites will traditionally end in November. This year the company intends to extract 2,800 kg of gold. In 2018 the output totaled 2,936 kg of gold. (Ukrainian…Details
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In January-October Mechel-Service increased sales of high value products: flanged beams, metal wares and bars. In particular, growth of beam sales amounted to 10%, metal wares – 20% and bars – 25% YoY. Mechel-Service sells over 100 types and sizes of beams of S255 and S345 steel grades. (Ukrainian metal)Details
In January-September Russian exports amounted to $311.4 billion, down by 4.8% YoY. Metal accounted for 9.3%, down from 10%. Exports of aluminum grew by 14.2% and ferroalloys – by 5.1%. At the same time the exports of pig iron dropped by 19.9%, rolled metal – by 15.2%, and semi-finished products – by 7.9%. (Ukrainian metal)Details
The board of directors of Russian metals giant Norilsk Nickel has recommended paying 604.09 rubles per common share, or a total of around 95.59 billion rubles, in dividends for January-September. The shareholders will consider the recommendation at an extraordinary general meeting on December 16. The shareholder register for the meeting will close on November 22.…Details
In September Russia exported 8.7 thousand tons of ferromanganese, up by 9% MoM and by 58% YoY. Deliveries to the USA dropped by 48%, to 1.5 thousand tons, and by 7% to Ukraine, to 516 tons. At the same time, Russia resumed exports to Turkey (1.4 thousand tons) and Canada (902 tons). Deliveries to Kazakhstan…Details
Over 900 tons of Evraz NTMK hot-rolled flanged beams have been used in the construction of the Ryazanskaya transfer hub of the Moscow Subway. The company produced 45 B2 and 60 B2 class flanged beams with the strength class of S255. The beams have been delivered by Evraz Metal Inprom. (Ukrainian metal)Details
In October Dneprospetsstal increased metal output by 3.1% MoM, to 18,756 tons. Rolled metal manufacture grew by 10.8%, to 13,125 tons. In monetary terms output increased by 14.7%, to 725.614 million UAH. All the shops exceeded their sales plan. (Ukrainian metal)Details
In 2019 steel consumption in Russia will grow by 7.6% YoY, to 42.5 million tons. According to the Chermet Corporation Vice-President Yuri Mishin, there was no growth in consumption last year, it even decreased by 1.7%, to 39.5 million tons. In H1 2019 steel exports dropped by 9.7%, or by 1.5 million tons. Imports decreased…Details
In January-October Ukraine exported 40.736 thousand tons of ferrous scrap valued at $11.31 million, down 7.8-fold and 9.1-fold YoY respectively. According to the State Fiscal Service, in October 103 tons of scrap were exported, in September – 3.551 thousand tons, in August – 155 tons, in July – 204 tons, in June – 208 tons,…Details
Irshansk Mining and Processing Works has concluded an agreement with Imex Minerals LLC for the delivery of sodium carbonate valued at 8.44 million UAH. Until the end of the year the company has to supply 1045 tons of sodium carbonate of grade B according to GOST 5100-85 at 8074 UAH per ton. In January IrGOK…Details
In January-October Ukraine exported 2 million tons of pig iron valued at $645.3 million, down by 20% and by 26.7% YoY respectively. According to the State Tax Service, in October Ukraine exported 505.2 thousand tons of pig iron valued at $234.6 million. The main customers were the USA (59.69%), Italy (13.6%) and Turkey (8.6%). (Ukrainian…Details
A silver-containing ore anomaly with the length of 3 km and width of 500 meters has been found in Yakutia, on the Kyunkyunyur site. NGGMK Capital LLC is the owner of the license to develop silver ore deposit at the site. Silver contents are estimated at 2.5 to 14.2 thousand g per ton. (Ukrainian metal)Details
In August Russia imported 2.3 thousand tons of aluminum wastes and scrap, up by 9.6% MoM and by 23.3% YoY. Deliveries from Kazakhstan increased by 28%, to 1.4 thousand tons. Imports from the USA dropped from 706 tons to 410 tons. In 8 months imports totaled 18.7 thousand tons, down by 24% YoY. In monetary…Details