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In September Russia imported 1.6 thousand tons of aluminum scrap and waste, down by 32% MoM, but up by 47% YoY. Deliveries from Kazakhstan dropped by 36%, to 912 tons. Imports from USA fell from 410 to 251 tons. In 9 months imports totaled 20.3 thousand tons, down by 26% YoY. In monetary terms since…
DetailsIn September Russia exported 1.3 thousand tons of raw chrome, down by 27% MoM, but up by 23% YoY. Deliveries to US grew 2.5-fold, to 332 tons, but to the Netherlands fell by 44%, to 800 tons. In 9 months exports totaled 14 thousand tons, down by 3.5% YoY. In monetary terms since the start…
DetailsLast week the price of one ounce of gold increased by over 5.1 manats ($3) or by 0.5%. The average price of one ounce of gold stood at 2,498 manats ($1,469). The price of one ounce of silver grew by 0.2462 manats ($0.14) or by 0.85%, to 29 manats ($17). The price of one ounce…
DetailsOrsu Metals Corporation intends to carry out another estimation of the Sergeyevskoye gold deposit reserves in Zabaikalye region. The company has discovered new sources at the Koziy Severniy, Pik Klyuchi and Sergeyev sites. The operation at the deposit began in July. 13 shafts have been drilled with the combined length of 3,555 meters. The average…
DetailsIn 2020 Razrez Tugnuiskiy, a part of SUEK, intends to mine 5.2 million tons of coal at the Nikolskoye coal deposit in the Republic of Buryatia. Until the end of the year 4.645 million tons of coal will be shipped. As of late October the pit has extracted 3.645 million tons of coal, up by…
DetailsSeligdar has exceeded its annual gold output target in advance. As of November 22 the group enterprises have extracted 6.064 tons of gold. The Poisk miners team has exceeded its annual target by 180 tons, Ryabinoviy Mining Works – by 750 kg and Mezhsopochniy site – by 336 kg. Last year Seligdar extracted 6.056 kg…
DetailsKlyuchevsky Ferroalloys Works has produced 555 thousand tons of metallic chrome. The event happened around the company 78th anniversary. On November 22, 1941 the works made the first trial batch. The 500-thousandth ton was produced in May 2012. In the next 7 and half years the company has manufactured 55 thousand tons of chrome. Since…
DetailsHead of Ukraine’s Federation of Metallurgists Serhiy Bilenky says the Ukrainian metallurgical enterprises have been operating at a loss since the beginning of 2019 due to falling demand for steel in global markets. Most of the world’s metallurgical giants are forced to either reduce production or stop operating altogether. “Unfortunately, the situation in Ukraine is…
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