In January-February Kazakhstan produced 0.074 million tons of raw copper, up by 5.4% YoY. In February copper manufacture grew by 2.8% YoY, but dropped by 1.2% MoM, to 0.037 million tons. Zinc output in 2 months decreased by 4% YoY, to 0.052 million tons. In February Kazakhstan produced 0.027 million tons of zinc, down by…Details
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MMK Trading House is now among the top 1,000 most successful Russian suppliers, according to the electronic trading platform B2B Center. The study was conducted with 406,000 companies. The list of the most successful Russian suppliers was compiled based on the results of 2018 by a special computer algorithm with a number of different criteria.…Details
In 2018 Pobuzhye Ferronickel Plant invested 74.1 million UAH in the repair of its main machinery. In Q1 the company plans to repair the ore-smelting furnace No. 1 (the repair will be carried out in 53 days) and the tube-type rotary kiln No. 1 (50 days). “The repair will result in the decrease of capacity…Details
Lugansk region administration has addressed the prime minister on the issue of some mines being cut off grid. In particular, the administration has received a letter from Ukrinterenergo saying that Pervomayskugol and Lisichanskugol mines will be left without electricity. The reason is the electricity debts of 77.33 million UAH. If the mines are cut off…Details
In January Armenia produced 822 tons of molybdenum concentrate, down by 8.8% MoM and by 14.1% YoY, and 485 tons of FeMo, down by 31.7%, but up by 41% respectively. The molybdenum output decrease is due to the low demand from Europe, the key sales market. In mid-January FeMo (60-70% Mo) prices in Europe fell…Details
Representatives of the Copper Pipe Works, a part of UGMK, have visited Ferrocrtalic, Slovenia, the largest manufacturer of the sand blasting equipment in the Balkans. The goal of the visit was to see the manufacture of machinery to clean inner surface of copper pipes. The new machine, that the company intends to purchase, will decrease…Details
This year BMZ the managing company of the Belarus Iron and Steel Works intends to increase its presence on the African continent. In January-February exports to Africa exceeded 57 thousand tons, or 15% in the total exports. In order to strengthen its position, in early March BMZ held negotiations with potential customers from Senegal, as…Details
Gold production at Kumtor mine in 2018 was 534,563 ounces or 16,626.78 kg, Public Relations Department at Kumtor Gold Company reports. Gold sales in 2018 were 530,448 ounces or 16,498.79 kg with a revenue totaling $660.1 million. Contribution to the national budget in taxes and mandatory payments in 2018 is more than 9.6 billion soms.…Details
ArcelorMittal Kriviy Rih intends to construct a tube-type furnace in the benzene department of the by-product recovery shop. “When the new furnace is constructed and put into operation, the old one in use since 1983 will be decommissioned. For that a part of the coke gas pipeline will be disassembled, and some pumps replaced”, the…Details
In February Dneprospetsstal increased steel output by 15.5% MoM, to 16.803 thousand tons. According to the company statement, rolled metal manufacture dropped by 6.1%, to 10.742 thousand tons. In 2 months DSS produced 31.351 thousand tons of steel and 22.183 thousand tons of rolled metal, down by 24.7% and by 20.4% YoY respectively. (Ukrainian metal)Details
In 2018 Electrozinc fulfilled its annual manufacturing plan by 79%. The reason was the fire on October 21, 2018, which destroyed the electrolysis shop. Last year the company produced 63.065 thousand tons of zinc (73.676 thousand tons in 2017), including 31.584 thousand tons of zinc-aluminum alloy, 105.476 thousand tons of sulfur acid and 274 tons…Details
In February Ukraine increased iron ore exports by 2.7% YoY, to $228.542 million. At the same time, imports grew 3-fold, to $0.012 million. According to the State Fiscal Service, Poland was the main customer – $34.282 million. In January-February Ukraine exported $463.2 million worth of iron ore, up by 0.02% YoY, while imports dropped by…Details
In 2018 Zagorsky Pipe Works produced over 491 thousand tons of pipes, up 3-fold YoY. The main customer was Gazprom, which needed pipes for the construction of the Nord Stream and Sila Sibiri pipelines, as well as for repairs. This year the company intends to enter new markets. In particular, ZTZ will look for pipe…Details