Precious metal prices increased in Azerbaijan on December 6, according to the Central Bank. The price of gold grew by 8.4915 manats, to 2,107.8555 manats per ounce on December 6 compared to the price on December 5. The price of silver went up by 0.0295 manats, to 24.6038 manats per ounce. The price of palladium…
DetailsEmployees of Eti Bakir Tereksai left their working places and do not go to work because of the provocation of individuals, Company CEO Mahir Tezdzhan reported. According to him, earlier law enforcement agencies detained 14 residents of Terek-Sai village for beating up company employees. On December 2 local residents held a rally demanding the release…
DetailsSiberian Coal Energy Company (SUEK) plans to invest about 42 billion rubles in expansion of port capacities and at least 30 billion rubles in buying cargo rail cars, Director for Logistics Denis Ilatovsky reported. The company plans to invest 25-30 billion rubles in expansion of capacities of the Daltransugol terminal to 40 million tons from…
DetailsThe Uralelectromed subsidiary (Manufacture of Polymetals) has finished the construction of a main overpass. The overpass will have 9 pipelines for air, heat, gas and black oil supply. The preparation to assembly the pipeline will start in December. The construction of the overpass began in 2016. Metal structures weighing 342 tons were used. (Ukrainian metal)
DetailsA meeting between representatives of Azerbaijan State University of Oil and Industry, the Azerbaijani Ministry of Ecology and Natural Resources, scientists of the Azerbaijan’s National Academy of Sciences (ANAS) and a group of geologists was held in the administrative building of AzerGold CJSC on December 3. Chairman of the Board of AzerGold, Zakir Ibrahimov spoke…
DetailsBelarus Iron and Steel Works has shipped a trial batch of metal cord for 50l35/20NT bulk tires. 252 coils with new products have been shipped to Belshina. The metal cord at BMZ is produced only in the steel wire shop No. 2. The main customer is Belshina. In January-November BMZ manufactured 83 thousand tons of…
DetailsAntidumping duties on galvanized rolled metal from Russia and China could be introduced in December already. On October 3 the Ministry of Economic Development and Trade initiated an antidumping investigation on the import of rolled metal with corrosion-resistant coating from the two countries. The results will be known only in a year, but the legislation…
DetailsAksu Ferroalloy Works has commissioned a processing enterprise with the capacity of 130 thousand tons of chromium-metallic concentrate per year. Now all the current and accumulated slag fractions at the works will be processed to produce the concentrate. The enterprise is expected to process some 1 million tons of slag of 0-10 mm fraction. In…
DetailsKorshunovsky Mining and Processing Works has shipped 5.6 thousand tons of scrap valued at 57 million rubles. The ferrous and non-ferrous scrap originates form the company activities, as well as repair and replacement of machinery. 90 railroad cars were used to transport the scrap. Most scrap is sent to Chelyabinsk Iron and Steel Works for…
DetailsIn October railroad transported 9.8 million tons of iron ore, up by 10.1% YoY. In 10 months 96.3 million tons of ore were transported, up by 5.5%. In October local transportation grew by 13%, while exports dropped by 7% due to the decrease of supply to Turkey (2-fold) and China (by 25%). At the same…
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