In 2018 Telen intends to mine 180 thousand tons of coal in the Republic of Sakha (Yakutia). This year the company is operating at the Kharbalakhskoye deposits. So far 160 thousand tons of coal have been mined, or 90% of the target. In short-term Telen wants to increase coal reserves to 10 million tons at…Details
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In January-September Electrozinc exceeded the zinc output target by 2.5%. In three quarters the company produced 59.01 thousand tons of zinc, including 29.18 thousand tons of zinc-aluminum alloy, 98.45 thousand tons of sulfur acid and 240 tons of cadmium in sows. Sales totaled 4.041 billion rubles, up from 3.477 billion rubles last year. Sales profit…Details
According to the Spetsstal Association, in January-October Russia increased rolled stainless steel output by 2.9% YoY, to 64.55 thousand tons. Bars were responsible for the increase, having grown by 18.6%. Other metal types manufacture decreased: hot-rolled flat metal – by 10.6%, pipes billets – by 13.3% and cold-rolled flat metal by 22%. The main stainless…Details
In November Ukraine produced 2.775 million tons of coal, or 99% of the plan. This was reported by the Coal Miners Union of Ukraine with reference to the data provided by the Energy and Coal Industry Ministry. In particular, mines subordinated to the Energy and Coal Industry Ministry produced 332,543 tons of coal, or 87.1%…Details
In January-October Armenia decreased metal output by 2.7% YoY as opposed to the growth of 12% last year. In particular, ferromolybdenum manufacture grew by 4%, to 5744 tons, with 758 tons produced in October, up by 2.8% MoM. Molybdenum output increased by 1.5%, to 9346 tons, with 1006 tons produced in October, up by 21.6%.…Details
The city of Magnitogorsk hosted a meeting of the coordination board of MMK and Uraltrubprom. The parties summed up the results of the January-October operation and agreed to further strengthen cooperation. In particular, it was decided to start producing welding wire at MMK-Metiz according to Uraltrubprom specifications. Uraltrubprom is one of the key consumers of…Details
NTZ TEMPO has mastered the manufacture of steel electric-welded pipes with the diameter of up to 630 mm. But soon the Russian market will also see pipes with the diameter of up to 720 mm. The pipes will be produced at the mill commissioned in summer. The capacity of the mill is 8-10 thousand tons…Details
In January-November Azovstal increased rolled metal output by 0.8% YoY, to 3.53 million tons. Steel manufacture dropped by 5.6%, to 3.724 million tons, and that of pig iron – by 1.7%, to 3.407 million tons. In November Azovstal produced 256 thousand tons of rolled metal, 300 thousand tons of steel and 258 thousand tons of…Details
In accordance with the order of the General Director of PJSC MMK, some appointments have been made. In particular, Sergey Ushakov, who previously held the position of Deputy General Director for Production, was appointed Deputy General Director for Sales of PJSC MMK. Oleg Shiryaev, who previously held the position of Director of OJSC MMK-METIZ (Magnitogorsk…Details
The quotas to deliver metal products to the European Union countries have been 42-89% fulfilled. As of November 30 EU received 2.137 million tons of hot-rolled metal (50.06% of quota used). The quota for the delivery of cold-rolled metal has been 42.54% fulfilled (561 thousand tons), plate – 48.81% (704 thousand tons), rebars – 75.91%…Details
In October world pig iron manufacture increased by 7.66% YoY, to 107.287 million tons. China was still the largest manufacturer with 67.736 million tons of pig iron, up by 12.86% YoY. Ukraine retained the 9th place with 1.785 million tons. (Ukrainian metal)Details
Precious metal prices varied in Azerbaijan on December 3, according to the data published by the Central Bank. The price of gold increased by 0.7055 manats, to 2,083.2735 manats per ounce on December 3 compared to the price on November 30. The price of silver decreased by 0.0258 manats, to 24.342 manats per ounce. The…Details
Vysochaishiy has received a license to use the Svetlovodskoye ore filed. The company has paid 697.44 million rubles to use the field ahead of schedule. R1 reserves are estimated at 61 tons, and R2 – at 59 tons. The average gold content is 2 g per ton. The size of the site is 40 square…Details