Mechel reports launching an online store to market the company’s rolls. Mechel Service LLC’s online store offers a wide range of rolls, including over 40,000 articles in 49 categories such as flat and section rolls, pipes, hot- and cold-rolled products, hardware, stainless rolls and others. The store’s website is www.mechelservice.ru. The website also shows updated…
DetailsEmployees of the Scheglovskaya-Glubokaya mine in the temporarily occupied Donbass received 4 and 6 rubles as salary. “4 and 6 rubles, not thousand rubles. This shows the level of salary and life in the so-called republic”, wrote one of the miners in the social networks. Miners also share screenshots of their wages. One “boasts” receiving…
DetailsIn January-November 2018 Russia exported 61 thousand tons of semi-finished steel products to Ukraine, up by 93.6% YoY, and the highest result in the past 6 years. Rostov region accounts for almost a third of all exports, up by 18%. The share of Sverdlovsk region is 29%, up 6-fold. And that of Belgorod region –…
DetailsThe steel output of Magnitogorsk Iron and Steel Works (MMK) fell by 7.8% QoQ, to 3.112 million tons in October-December 2018, the company said in a statement. Cast iron output decreased by 2.4%, to 2.558 million tons. In 2018, the company’s steel output went down by 1.5%, to 12.664 million tons, and cast iron output…
DetailsRussia’s output of unrefined and semi-refined or powder platinum and platinum group metals decreased by 38.4% YoY and by 19.2% MoM in December 2018, the Federal State Statistics Service said in a statement without disclosing absolute figures. Silver output fell by 17.4% YoY and by 8.9% MoM. In 2018, the output of platinum and platinum…
DetailsGold and silver prices increased in Azerbaijan. The price of gold grew by 0.663 manats, to 2,179.485 manats per ounce on January 25 compared to the price on January 24. The price of silver went up by 0.0467 manats, to 26.0987 manats per ounce. The price of platinum increased by 14.3225 manats, to 1,367.9475 manats.…
DetailsThe state enterprise Ukrpromvneshexpertisa forecasts that in February ferrous scrap metal prices on the local market will drop by 3.4-16%, to 5.7-7.9 thousand UAH per ton. Until mid-February some drastic change of price is not expected, as rolled metal manufacturers will only begin testing opportunities to raise prices for their products. In March the increase…
DetailsIn 2018 Zaporozhye Iron Ore Complex increased iron ore output by 1.2% YoY, to 4.5 million tons. In December 2018 the company manufactured 380 thousand tons of ore. Annual plan was fully met. The same results were reached in 2017. (Ukrainian metal)
DetailsIn 2018 Ukrainian by-product coke plants increased metallurgical coke (6% moisture) manufacture by 4.1% YoY, to 10.826 million tons. In December 2018 the output totaled 924 thousand tons of coke, up from 917 thousand tons in November 2018. In January this year the output decreased somewhat due to the drop in orders. But all the…
DetailsIn 2018 Vostochniy Mining and Processing Works increased uranium oxide concentrate manufacture by 41.1% YoY, to 1.179 thousand tons. December 2018 saw the maximum monthly output last year – 199.8 tons. In 2017 VostGOK decreased output by 16.8% YoY, to 836.1 tons. (Ukrainian metal)
DetailsIn 2018 Severstal – Bar Works Balakovo produced 904 thousand tons of steel, up by 15.5% YoY. Bars output grew by 19.8%, to 807 thousand tons. Last year the company sold 804 thousand tons of metal, up by 19%. 96% of the products were sold domestically. Since its commissioning the works has produced and sold…
DetailsKarabashmed has started disassembling the first of its three outdated converters in the metal shop. All the three converters are expected to have been decommissioned by H2. Instead of the outdated machinery Karabashmed has already assembled three new Kumera converters with dust caps with the volume of 150 tons. Two converters have already been put…
DetailsIn 2018 Russia produced 4.8 million tons of metal structures, down by 1.5% YoY. According to the Federal Service of State Statistics, in December 2018 output grew by 9% YoY and by 12% MoM. (Ukrainian metal)
DetailsAccording to preliminary estimates, in 2018 Kamchatka region extracted 5432,2 kg of gold, down by 20% YoY. Ore gold accounted for 5386 kg, down by 20%, and the rest (4.61 kg) for alluvial gold (down by 74%). Silver output decreased by 8.6%, to 16.2 tons. 10 companies were developing gold and silver deposits last year.…
DetailsKazakhstan exported 14,200 tons of uranium in January-September 2018 valued at $699.1 million. Thus, uranium exports in physical terms decreased by 18.8%, and in money by 17% YoY due to a drop in demand on the market of uranium products. The largest supplies of uranium were sent to China (57% of total exports, 8,000 tons,…
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