Russia: gold output down in June 2018

Russia’s production of finished, semi-finished, and powdered gold fell by 13% YoY but rose by 26.5% MoM in June, the Federal State Statistics Service said in a report. In January-June gold production decreased by 1.2% YoY. Previously, absolute figures on production of non-ferrous metals were a state secret. The figures are no longer classified, but…

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Russia: Arkonik SMZ to increase output

The chairman of the Samara region Dmitriy Azarov has visited Arkonik SMZ, the largest manufacturer of aluminum semi-finished products in Russia. The company manufactures unique products – light-alloyed drilling pipes, parts for the newest Russian aircraft MS-21, as well as the first in Russia aluminum hoppers and bridges. In 2016 the company underwent modernization, the…

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