Deliveries of rolled metal and pipes to Russia in January-November 2018 grew by 20.7% YoY, to 2.11 million tons. Bars and sections account for 53% of exports, up by 28.3%. Rebars and rolled wire saw the growth of almost 2-fold. Flat rolled metal exports increased by 3.9%, to 33.7%. The sales of semi-finished steel products…Details
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Magnitogorsk Iron and Steel Works (MMK) took the first place among Russian producers of flat products, as well galvanized and coated steel, in the rating of leading manufacturers and suppliers of ferrous and non-ferrous metallurgy in the second half of 2018 MMK once again took the first place among the Russian producers of flat products,…Details
The prices of precious metals varied in Azerbaijan on January 16. The price of gold decreased by 2.431 manats, to 2,192.6005 manats per ounce compared to the price on January 15. The price of silver dropped by 0.1644 manats, to 26.4819 manats per ounce. The price of platinum fell by 8.67 manats, to 1,359.4475 manats.…Details
Companies located in Magadan region produced 36.8 tons of gold in 2018, a record for the past 20 years, as the Natalka field of gold producer Polyus reached its projected capacity, the region’s government said in a statement on January 16. Lode gold output in the region amounted to 18.9 tons, and alluvial gold production…Details
Last year Kuzbassrazrezugol mined 48.4 million tons of coal, up by 1% from the annual target. On December 22, 2018 the Baimskaya mine reached its annual output. It was followed by the Krasnobrodskiy pit on December 24, 2018, and after that by Mokhovsky and Kaltansky pits, as well as Kedrovsky pit. On December 28, 2018…Details
In 2018 Beloretsk Iron and Steel Works increased sales of metal wares to car and plane manufacturers, as well as to construction companies. Rods used in machine-building and aviation to produce springs and fasteners saw the highest increase – 25%. Sales of cold-deformed rebars used in construction enjoyed a growth of 23%. Low-carbon wire for…Details
Zaporozhogneupor specialists have completed the repair of the blast furnace No. 2 at Azovstal Iron and Steel Works, The repair has been carried out in 10 days, while the usual term is 14 days. As refractory materials some 35 tons of Zaporozhogneupor concrete were used. With this repair Azovstal was able to additionally produce some…Details
Russky Ugol increased coal output at the Sayano-Partizansky pit in Krasnoyarsk region by 22% YoY, to 1030 thousand tons in 2018. For the first time in its 15-year history the pit has reached the output of 1 million tons of coal per year. The reserves of the deposit, where the pit is situated, exceed 1.5…Details
Russian metals and mining giant Mechel has prolonged a contract with Turkish steel producer Kardemir to raise exports of metallurgic coke by almost 70%, to 200,000 tons in 2019, Mechel said in a statement on January 15. The company will sell coke produced by Mechel’s Moscow Coke and Gas Plant through the Mechel-Temryuk port in…Details
Steel scrap exports in January-November 2018 increased by 9% YoY, to 5.2 million tons. According to the customs statistics, deliveries to Turkey grew by 11.2%, to 2.288 million tons, and to Belarus – by 2%, to 1.222 million tons. At the same time sales to South Korea dropped by 8.9%, to 832 thousand tons. (Ukrainian…Details
ArcelorMittal Kriviy Rih, the biggest mining and steelmaking company of Ukraine, summarized the results of its investment program implementation in 2018. Capex and Opex were increased by one third YoY, from $337 to $443.4 million, including $348.8 million of Capex and $94.6 million of Opex. One of the key 2018 projects was construction of two…Details
In 2018 the Belarusian steel mill BMZ shipped over 2.36 million tons of metal products, 106.2% as against 2017. Innovative products represented over 26% of the sold merchandise, BMZ Press Secretary Alexander Olesik reported. In 2018 BMZ shipped over $380 million worth of innovative products to customers. The company started making 18 new kinds of…Details
Subsidiaries of the United Mining and Chemical Company have concluded agreements with the Eco-Service Trading House LLC on the delivery of fuel valued at 280.96 million UAH. In particular, Volnogorsk Mining and Processing Works ordered 8275 tons of diesel fuel at 30 thousand UAH per ton for the total amount of 248.25 million UAH. This…Details