In May Russia imported 1.1 tons of tantalum, including scrap, up by 172.7% MoM, but down by 0.7% YoY. Deliveries from Kazakhstan grew 2-fold, to 774 kg, and from China – more than 5-fold, to 201 kg. In 5 months tantalum imports totaled 3.6 tons, down by 35% YoY. In monetary terms since the start…Details
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Russian Copper Company, the initiator of the Tomino Mining and Processing Works construction in Chelyabisnk region, intends to discuss the project corrections with the local dwellers. On August 5 the company will present the results of the assessment of the GOK environment impact. One of the leaders of the StopGOK movement Vsailiy Moskovets claims that…Details
In January-June the net profit of VSMPO-Avisma increased by 47%, to 12.828 billion rubles. The increase is due to the drop of the dollar exchange rate by 9%. The company revenue grew by 10%, to 42.273 billion rubles. Sales did not change and totaled 15 thousand tons of titanium. (Ukrainian metal)Details
In April-June Rusal increased aluminum sales by 20.8% QoQ, to 1.082 million tons. The increase is due, among other things, to the sales of stocks accumulated during the sanctions. At the same time, the company experts believe the trade war between US and China has resulted in the drop in aluminum demand. Rusal fears the…Details
Metinvest has laid claims to Dneprovsky Iron and Steel Works. On July 5 the Commercial Court of the Dniepropetrovsk region initiated the bankruptcy procedure of DMK. Metinvest is one of the suppliers of raw materials to DMK. “We have for a long time tried to settle with ISD (Industrial Union of Donbass, owner of DMK)…Details
AzerGold, a company engaged in the extraction of precious metals in Azerbaijan, is expecting new decisions from startups to optimize processes in the mining industry and develop existing potential, as well as to improve human resource management and increase professional knowledge. The company is expecting proposals for nearly all areas of its activity, ranging from…Details
ChTPZ Group and Metalloinvest have held another meeting of the coordination council at UralSteel, where they discussed price, quality and sheet delivery issues. The sheet is used at Chelyabinsk Pipe Works to produce large-diameter pipes. UralSteel is one of the key suppliers of sheet steel to ChTPZ. Last year it shipped 270 thousand tons of…Details
In January-June Uralskaya Kuznitsa increased sales of railroad locomotive axles by 71% YoY. Sales of stainless steel heat-resistant and high-alloy stampings grew by more than 30%. The company is increasing sales of such stampings to power machinery and defense enterprises, including under state contracts. UralKuz revenue went up by 13%, and net profit – by…Details
In May Russia exported 175 tons of flat rolled copper, down by 34% MoM and by 33.6% YoY. Belarus accounted for a half of all exports, and Ukraine – for one quarter, down by 15% and by 55% Mom respectively. In 5 months exports totaled 1.1 thousand tons, down by 10.9% YoY. Since the start…Details
Since the start of the year Rosterminalugol has exported 13 million tons of coal. On July 21 the 13-millionth ton became a part of the Eastern Glamour batch of 105.2 thousand tons of coal. This was the 184th vessel to dock at the port. In the record-setting 2017, the 13-millionth ton was shipped on July…Details
In January-June PMH, one of the world major suppliers of pig iron and the largest manufacturer of coke in Russia, increased output. Thus, pig iron manufacture grew by 2% YoY, to 1.223 million tons, coal concentrate – by 1%, to 1.213 million tons, and 6% moisture coke – by 13%, to 1.373 million tons. At…Details
Russian aluminum producer RUSAL has started the last stage of preparation for the launch of Taishet Anode Plant, the company said in a statement. The launch is scheduled for March 2020, and the second stage is to be launched in 2023. The capacity of the first stage stands at 217,500 tons of product per year.…Details