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In 2018 Sukhaya Balka increased iron ore output by 8.4% YoY, to 2.725 million tons. In December 2018 the enterprise produced 238 thousand tons of ore. In 2017 the output dropped by 2% YoY, to 2.513 million tons. (Ukrainian metal)
DetailsGold and silver prices decreased in Azerbaijan. The price of gold dropped by 3.0515 manats, to 2,178.822 manats per ounce on January 24 compared to the price on January 23. The price of silver fell by 0.0824 manats, to 26.052 manats per ounce. At the same time the price of platinum grew by 9.741 manats,…
DetailsAccording to the president order dated January 17, the Navoi Mining and Processing Works will soon be divided into two enterprises – the state enterprise to mine and process uranium, and a joint-stock company to mine and process precious metals. The latter will be given to the trust management. A road map to reorganize the…
DetailsIn 2018 Kazakhstan produced 97.429 tons of gold, up by 14.2% YoY. According to the Statistics Committee of the Ministry of the National Economy, silver output dropped by 8.6%, to 968.941 tons. (Ukrainian metal)
DetailsAt its manufacturing site in Verkhnyaya Salda in Sverdlovsk region, VSMPO-Avisma has commissioned a new site of bulk titanium rings treatment. Such rings are used in aviation engines. In 2018 the Fund of the industry development supported the corporation and provided it with 70 million rubles, with 30 million rubles more given by the Fund…
DetailsGaysky Mining and Processing Works has put into operation a new floatation machine. The SOMEX machine has been assembled at the main premises of the processing factory replacing outdated machinery. “The new machine is twice smaller than its predecessor. Each of its six compartments has the volume of 25 cubic meters as opposed to 50…
DetailsIn 2018 steel pipe exports grew by 29.9% YoY, to $737.852 million, while imports – by 50.5%, to $181.471 million. According to the State Fiscal Service, in December 2018 pipe exports dropped by 1.1% YoY, to $56.405 million, while imports increased by 47.4%, to $19.572 million. US were the largest importer of steel pipes in…
DetailsThe project to reconstruct the existing and build new gas-purifying machines in the blast furnace shop of the Mariupol Iron and Steel Works named after Ilyich has entered an active stage. Investments amount to some $20 million, A new line of dry gas-purification of the blast furnace foundry yard will be constructed. And the wet…
DetailsRussian gold production rose by 1.8% YoY in 2018, the Federal State Statistics Service said. In December 2018, gold production decreased by 0.5% YoY and by 2.1% MoM. No absolute figures were disclosed. (Prime/Ukrainian metal)
DetailsUkrainian galvanized metal manufacturers have been harmed by the increase in imports from China and Russia. According to Metinvest Holding marketing director Roman Kurashev, unless state authorities take measures, the situation could worsen. “Following the protective measures taken by Europe, US, Canada and Turkey, we expect a considerable increase of imports from China and Russia,…
DetailsIn 2018 Interpipe Steel produced 873 thousand tons of steel, up by 13.8% YoY. In December 2018 the output grew by 15.8% MoM, to 82 thousand tons. In 2017 the company produced 855 thousand tons of steel billets, up by 38%. (Ukrainian metal)
DetailsIn 2018 Tomsk-based Sibcable processed some 17.5 thousand tons of metal, on par with the previous year. In particular, the plant processed almost 15 thousand tons of copper and 2.5 thousand tons of aluminum wire rod, the main raw materials in the cable manufacture. Copper is preferred over aluminum because of its higher thermal and…
DetailsIn 2018 Cherepovets Iron and Steel Works produced 9.9 million tons of converter steel. This year output is expected to further grow due to the modernization of the converter No. 3 in November 2018. In 2019 two more converters will be modernized. (Ukrainian metal)
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