Orel Steel Works is increasing its range of railroad fasteners. So far the portfolio of butt fittings consists of three types: M27, M24 and M22. For the M27 and M24 nuts a new steel grade was chosen. “Very often in order to decrease the prime cost some manufacturers replace quality metal with cheap one, and…Details
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In January-March, Ukraine exported 19.638 thousand tons of scrap valued at $5.461 million, down 7.1-fold and 8.8-fold YoY respectively. According to the State Fiscal Service, in March Ukraine exported 8.246 thousand tons of scrap, in February – 8.252 thousand tons and in January – 3.14 thousand tons. At the same time Ukraine increased scrap imports…Details
In January-March, Ukraine exported 629.55 thousand tons of pig iron valued at $205.85 million, down by 25.9% and by 27.2% YoY respectively. According to the State Fiscal Service, the main importers were the US (66.31%),Turkey (9.74%) and Italy (8.84%). In Q1, Ukraine imported 216 tons of pig iron valued at $140 thousand as opposed to…Details
In March, Ukraine exported 77.06 thousand tons of ferroalloys valued at $86.1 million, up by 34.4% and by 34.3% MoM respectively. According to the State Fiscal Service, in Q1 Ukraine exported 238.16 thousand tons of ferroalloys valued at $262.9 million. The share of ferroalloys in foreign trade was 2.14%. In March, Turkey (11.9 thousand tons),…Details
In January-March Ukraine increased aluminum ore and concentrate (bauxite) imports by 22% YoY, to 1.4 million tons valued at $61.13 million, up by 35.3%. According to the State Fiscal Service, Guinea supplied most of the ore (58.47%), followed by Guyana (36.49%) and Brazil (4.77%). Ukraine did not re-export this raw material neither in Q1 2019,…Details
Precious prices increased in Azerbaijan on April 11 compared to the prices on April 10. The price of gold grew by 8.1777 manats, to 2,222.4185 manats per ounce. The price of silver went up by 0.0584 manats, to 25.8824 manats per ounce. The price of platinum increased by 25.857 manats, to 1,540.574 manats. While the…Details
Magnitogorsk Iron and Steel Works (MMK) is taking part in the international industrial exhibition Vietnam Expo 2019 in Hanoi. As one of the fastest growing economies in South-East Asia, Vietnam is one of MMK’s key markets. In 2018, MMK’s metal product shipments to Vietnam doubled compared to 2017, amounting to 540,000 tons and making MMK…Details
Two robot trucks made by the Belarusian automobile engineering company BelAZ are being tested in the Abakansky open pit in the Republic of Khakassia. The 130-tonne BelAZ-7513R trucks were shipped to Khakassia in early 2019. There are plans to solemnly commission the vehicles in August. BelAZ and VIST Group developed the first remotely operated haul…Details
In January-February, Armenian metal industry decreased output by 17.6% as opposed to a drop of 10.8% last year. The only increase was registered for ferromolybdenum manufacture – by 46%, to 1041 tons, as opposed to a drop of 38.6%. In February, ferromolybdenum output totaled 555 tons, up by 14.2% MoM. Copper concentrate manufacture fell by…Details
In January-March, Chukotka Autonomous District extracted 5315 kg of gold, almost unchanged YoY. Silver output dropped by 6.6%, to 25.6 tons. At present 5 enterprises are mining gold in the region: Chukotka Mining and Geological Company, Severnoye Zoloto LLC, Mayskoye LLC, Rudnik Karalveyem and Rudnik Valunistiy LLC. Alluvial gold extraction will last from May till…Details
In February, Armenia produced 887 tons of molybdenum concentrate, up by 7.9% MoM and by 6.4% YoY. FeMo manufacture grew to 555 tons, by 14.2% MoM and by 51% YoY. The increase is due to the growing demand in Europe, the main sales market for Armenia. In January-February, molybdenum concentrate output dropped by 4.6% YoY,…Details
In March, Far Eastern Railroad transported 4.27 million tons of cargo, up by 1.8% YoY. In particular, iron and manganese ore transportation grew by 9.3%, to 533 thousand tons, and metal wares – by 22.4%, to 290 thousand tons. At the same time transportation of coal decreased by 5.8%, to 4.596 million tons. (Ukrainian metal)Details
In March, Electrum Plus LLC, a part of Susumanzoloto, extracted 35.5 kg of gold at the Vetrenskoye mine in Magadan region. The combined result for the first quarter is 95.1 kg of gold with the target at 72 kg. At the same time YoY results dropped – in Q1 2018 Electrum Plus produced 96.8 kg…Details
Beloretsk Iron and Steel Works has supplied trial batches of steel ropes with polymer coating to Kazakhstan, Belarus, Uzbekistan, Kyrgyzstan, Bulgaria and Estonia. These ropes have higher wear-resistance compared with ropes without polymer coating. BMK is the first company in Russia to produce such ropes. Beloretsk Iron and Steel Works exported ropes with diameter of…Details
In January-February Russia exported 675.8 thousand tons of aluminum valued at $1.232 billion, up by 49.4% and by 49.7% YoY respectively. According to the Federal Customs Service, nickel exports grew by 41.4%, to 26.3 thousand tons valued at $312.6 million, up by 27.4%. And the exports of copper went up by 4.9%, to 131.8 thousand…Details
Mines of the two state enterprises – Toretskugol and Lisichanskugol – have received warnings that they will not be provided with electricity due to debts. At some enterprises electricity has already been partially cut off. The trade unions noted that the order of the Cabinet of Ministers to provide 450 million UAH from the state…Details
Energomashspetsstal has concluded an agreement with the daughter company of the global industrial concern SalzgitterAG. Salzgitter Flachstahl GmbH has become the new business partner of the company. According to the agreement, EMSS will produce and ship 2 supporting rolls to Germany. The total weight of the rolls to be delivered in Q4 is 80 tons.…Details