Russia: copper output up in January 2017

In January Russia increased raw copper output by 5.6% YoY.

According to the Federal Service of State Statistics, copper alloys manufacture went up by 50.4%, that of powders and flakes dropped by 3.9%, of rods and shapes – by 58.9%. Copper wire output increased by 6%, that of foil – 2.1-fold. (Ukrainian metal)

Russia: nickel exports down in 2016

In 2016 Russia exported 185.7 thousand tons of raw nickel to the world market, down by 18% YoY.

According to the Federal Customs Service, exports to far foreign countries dropped by 18%, to 185.3 thousand tons, but to CIS-countries – doubled to 0.4 thousand tons. (Ukrainian metal)

Russia: Amurmetal back in action

On February 28, Amurmetal resumes operation after an almost monthly stand still. The company will be working at night under cheaper energy tariffs. So far 9 thousand tons of scrap have been accumulated. In late January Amurmetal was purchased by Torex (Khabarovsk) for 2.46 billion rubles. The purchase agreement has not been signed yet, though…

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Ukraine: Mariupol metal companies not to fire employees

Following the increase of the minimal wage to 3200 UAH from January 1, metal companies of Mariupol, nevertheless, do not plan to fire employees. According to Azovstal HR director Konstantin Voitsekhovsky, all the jobs have been kept. “As of January the average salary was 10 thousand UAH. That’s considerably higher compared to the average salary…

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Ukraine: coke output down in January 2017

In January Ukrainian by-product coke works produced 1.008 million tons of 6% moisture coke, down by 7.5% YoY. December 2016 saw the output on the level of 997 thousand tons. “In January there was a slight increase in production, but February will be a failure. Alchevskkoks has halted, Yenakievo, Makeevka, and Yasinovsky Coke Works all…

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Russia: PGK ferrous metals throughput up in January 2017

In January the Novosibirsk subsidiary of the First Cargo Company (PGK) transported 13.6 thousand tons of cargo, up by 44.5% YoY.

The main cargo was wood and ferrous metals.

The cargo was shipped to local consumers as well as to Asian countries. (Ukrainian metal)

Russia: Yakutugol buys new excavator

The Neryungrinsky open-pit mine, a part of Yakutugol, has put into operation a Liebherr R 9200 excavator valued at 220 million rubles.

The machine was purchased within the modernization program.

This is the first time that such an excavator is used at the Neryungrinsky open-pit mine. (Ukrainian metal)