Azerbaijan: German company conducts audit of equipment at Ganja Aluminum Plant

Specialists of the German company Achenbach Buschhutten, one of the world’s leading manufacturers of aluminum alloys, have conducted an audit of the technical equipment of the company CNPT, launched in 2013 at the Ganja Aluminum Plant, the Azerbaijan Industrial Corporation (AIC) reported. Specialists of the German company conducted the audit at the invitation of the…


Russia: Polyus Verninskoye gold output up in Q1 2019

In January-March, Polyus Verninskoye produced 2.08 tons of gold, up by 30% QoQ and by 14% YoY.

Average gold content grew by 10% QoQ, to 2.9 g per ton.

Rock mining increased by 35%, to 5.6 thousand tons.

Ore output totaled 978 thousand tons, up by 51% QoQ. (Ukrainian metal)

Ukraine: AMKR to spend UAH 125 million on repair and maintenance of recreation facilities

ArcelorMittal Kriviy Rih is completing the preparation of its social facilities for summer season. They are three country tourist camps, two children’s camps and two health complexes on the Black and Azov seaside. The maintenance of all social facilities, including Dzherelo sanatorium-preventorium, will cost the company UAH 103 million. In addition, the metallurgical plant will…


Ukraine: scrap imports up in January-April 2019

In January-April, Ukraine imported 22.404 thousand tons of scrap valued at $11.368 million, up by 76.4%, but down by 0.6% YoY respectively.

The main suppliers were Russia (49.09%), Turkey (43.03%) and Korea (3%). (Ukrainian metal)

EAEU: EEC to limit aluminum belt imports

The department of the inner market protection of the Eurasian Economic Committee has started an antidumping investigation of the aluminum belt originating from Azerbaijan and China and imported to the territory of the Union. The information available points to dumping imports of aluminum belt, produced by Azerbaijani and Chinese companies, and damages to the EAEU…


Ukraine: Azovstal profits in 2018

In 2018 Azovstal received 3.57 billion UAH of net profit as opposed to 130.947 million UAH of net loss in 2017.

EBITDA totaled 4.372 billion UAH.

Net income grew by 18.8%, to 81.96 billion UAH.

Undistributed profit reached 9.72 billion UAH. (Ukrainian metal)

Russia: Reddragmet to start producing tungsten in Zabaikalye

Reddragmet Engineering is commissioning manufacture of tungsten concentrate of tail dumps of Bom-Gorkhonskaya Processing Factory in Zabaikalye region. The company specialists have already started assembling two processing modules. The trial commissioning is scheduled for May 15. The company plans to extract tungsten concentrate from waste. The total volume of tail dumps of the factory is…