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Russia: manganese ore imports up in April 2019

manganese oreBy admin24.06.2019Leave a comment

In April Russia imported 105 thousand tons of manganese ore and concentrate, up by 54% MoM and by 6.6% YoY. In 4 months imports dropped by 21.6% YoY, to 306.4 thousand tons. Since the start of the year in monetary terms imports decreased by 31.8%. (Ukrainian metal)

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Ukraine: metal industry revenue up in 2018

metal industryBy admin24.06.2019Leave a comment

In 2018 metal industry demonstrated a profit of 689.6 million UAH as opposed to 9.8 billion UAH of losses in 2017. According to the State Statistics Service, 76.8% of enterprises received a profit of 34.5 billion UAH, with 23.2% having loses of 33.8 billion UAH. The metal industry profit constituted just 0.6% of the entire…

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Ukraine: UGOK to modernize processing factories

UGOKBy admin21.06.2019Leave a comment

Yuzhniy Mining and Processing Works has repaired the technological section No. 13 of its ore-processing factory No. 2. Investments in modernization totaled 400 million UAH. All the technological sections at its 2 factories UGOK will modernize until 2022. The work started last autumn. This year it is planned to spend some 2.5 billion UAH on…

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Russia: KMEZ gets first electrolytic cells to produce foil

Kyshtym Electrolytic Copper PlantBy admin21.06.2019Leave a comment

Kyshtym Electrolytic Copper Plant has received 2 first electrolytic cells for the copper foil electrolysis shop being constructed. The equipment arrived from Japan. Assembly is scheduled for Q3. Six foundation pits have been prepared for the cells in the shop, as well as the site for the foil-coating machine, which is being manufactured in Japan…

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Ukraine: Ferrexpo now sole owner of PGOK

Ferrexpo, PGOK, Poltava GOKBy admin21.06.2019Leave a comment

Ferrexpo AG, which owns 99.11% of the Poltava Mining and Processing Works shares, has squeezed-out shares from the minor shareholders and accumulated all the 100%. Ferrexpo announced the squeeze-out in May. The price of the shares was 34.24 UAH as opposed to their initial cost of 9.96 UAH. In 2018 PGOK increased net profit by…

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Russia: KZOTsM to assemble new machinery for rod treatment

Kirov Non-ferrous Metals Processing WorksBy admin21.06.2019Leave a comment

Kirov Non-Ferrous Metals Processing Works will have new machinery in its rolling and press shop – a VRM-75 leveling machine. The assembly and commissioning of the machine are scheduled for Q3. The machine will allow leveling rods with the diameter of up to 75 mm at the speed of 150 meters per minute. (Ukrainian metal)

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Russia: new metal structures enterprise to appear in Moscow region

metal structuresBy admin21.06.2019Leave a comment

A metal structures plant will soon start operating in the Uspenskiy multi-functional park in Moscow region. The new enterprise will create 100 jobs. The total size of the plant will be 8 thousand square meters. The enterprise will produce welded structures of steel and aluminum. (Ukrainian metal)

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Russia: Moskoks commissions new machinery

Moscow Coke-Gas WorksBy admin21.06.2019Leave a comment

Moscow Coke-Gas Works has put into operation a new gasholder to regulate gas pressure in its gas system. Investments in the project exceeded 117 million rubles. The stable gas pressure is important for the coke-oven battery operation. The new gasholder will prevent accidental gas emission. (Ukrainian metal)

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Russia: RUSAL approves building of Taishet anode plant second stage

RusalBy admin21.06.2019Leave a comment

Russian aluminum giant UC RUSAL has approved construction of a second stage of its Taishet anode plant, the company said in a statement published on June 21 on the Hong Kong Stock Exchange. The second stage’s launch is scheduled for 2023. RUSAL would need to spend about $90 million on the project in 2019. The…

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Russia: copper exports up in January-April 2019

copperBy admin21.06.2019Leave a comment

In April, Russia exported 73 thousand tons of copper, up by 13.6% MoM and by 52% YoY. In 4 months exports increased by 20.1% YoY, to 269 thousand tons. In monetary terms exports grew by 8%. (Ukrainian metal)

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Russia: pipe exports down in January-April 2019

pipesBy admin21.06.2019Leave a comment

In January-April, Russia exported 534.4 thousand tons of steel pipes valued at $478 million, down by 43% and by 56.5% YoY respectively. The largest importer was Kazakhstan – 26%, up by 46.7%, followed by US (24.2%, up almost 3-fold) and Belarus (14.5%, up by 3.2%). (Ukrainian metal)

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Russia: gold output up in Q1 2019

gold, silverBy admin21.06.2019Leave a comment

In January-March, Russia produced 61.464 tons of gold, up by 13.3% YoY. The Gold Miners’ Union has increased its output forecast for 2019 to 340 tons, up by 3.1%, including 306 tons (+3.6%) of primary gold. Earlier it was expected to obtain 300 tons of primary gold. At the same time, silver output in Q1…

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Russia: Krasniy Octyabr decreases prices

Krasniy Octyabr Iron and Steel WorksBy admin21.06.2019Leave a comment

From June 21, Krasniy Octyabr has decreased prices for alloyed metal waste it purchases. The price drop is 500-2,000 rubles depending on the waste type. The average nickel content in the batch of alloyed scrap should be not less than 9.3%. The minimal batch is 5 tons. From June 17, the company has decreased prices…

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Ukraine: Vallourec Niko Tube reaches design capacity

InterpipeBy admin21.06.2019Leave a comment

Vallourec Niko Tube, a joint venture of Vallourec and Interpipe, was created in April 2018 to produce seamless pipes for the European market. The manufacture is situated in the city of Nikopol and consists of two lines in the pipe-rolling shops Nos. 2 and 7 of Interpipe Niko Tube. Interpipe is responsible for the manufacture…

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