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The price of one ounce of gold decreased by 12.903 manats or by 0.61% last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2,117.0032 manats. The price of one ounce of silver increased by 0.1562 manats or by 0.63%, to 24.9032 manats. The price of one ounce of platinum…
DetailsPrecious metal prices decreased in Azerbaijan on December 17, the Central Bank reported. The price of gold dropped by 7.4545 manats, to 2,103.2570 manats per ounce on December 17 compared to the price on December 14. The price of silver fell by 0.2062 manats, to 24.7628 manats per ounce. The price of palladium went down…
DetailsIn November Ukrainian by-product coke enterprises received 1.29 million tons of coking coal, down by 2% MoM, including 0.25 million tons of local coal, up by 7%, and 1.04 million tons of imported, down by 4%. In 11 months enterprises received 13.38 million tons of coking coals, up by 7% YoY, including 2.42 million tons…
DetailsIn November Ukrainian metal companies received 2.15 million tons of iron ore raw materials, down by 8% YoY. No materials were imported. In January-November metal companies received 26.89 million tons of iron ore raw materials, up by 14% YoY, including 26.86 million tons of locally produced, up by 14%, and 25 thousand tons of imported,…
DetailsIn November Ukrmetallurgprom forecast that Ukraine would manufacture 1.8 million tons of pig iron and steel each, as well as 1.6 million tons of rolled metal. But the output was 1.64 million tons of pig iron, 1.66 million tons of steel and 1.48 million tons of rolled metal, all down by 8%, 7% and 3%…
DetailsThe Ukrainian rolled wire has become an alternative to the Chinese products, previously used when manufacturing railroad brake shoes. According to ArcelorMittal Kriviy Rih, in October it shipped the first batch of metal products of 20 tons to the Tribo plant, the only manufacturer of brake shoes in Ukraine. To produce brake shoes the plant…
DetailsIn January-November Uzbekistan mined 3751.3 thousand tons of coal, up by 1.4% YoY. In January-August coal supplies were down by 10% YoY, or by 280 thousand tons. In 9 months the shortage was 1.4%. (Ukrainian metal)
DetailsIn 2018 the group of companies Kolmar intends to have attracted 15 billion rubles of investments. In 2019 the volume is expected to increase to 30 billion rubles. In the South Yakutia territory of advanced development Kolmar is carrying out two major projects – Denisovsky GOK and Inaglinsky GOK. 7.8 billion rubles were spent on…
DetailsIn January-November the Nurkazgan mine of Kazakhmys extracted 4218 thousand tons of ore, up by 5% from the annual target (4 million tons). As to the iron content in the ore, the annual plan was 39200 tons. But the miners were able to reach 40850 tons, or 104% of the target. (Ukrainian metal)
DetailsTrubodetal pipeline joints manufactured for the Surgut hydropower plant-2 have been awarded the diploma of the “100 Best Products of Russia”. The joints are made of heat-resistant pipe with the shelf life of some 23 years. “The market of heat and nuclear energy is a new direction for Trubodetal. Gradually we master these complex types…
DetailsThe employees of Izhstal have celebrated the 50th anniversary of the arc-furnace shop. The first pile in the construction of the shop was laid in March 1964. On December 14, 1968 the first arc-furnace produced the first steel. The construction of the shop was completed in 1976. In 1996 the shop commissioned the vacuum-oxygen decarbonization…
DetailsThree Chinese companies applied for an investment contest for creation of a joint venture at Makmal deposit. All companies contributed $100,000 as a bank guarantee fee and 100,000 soms for a package of information on the project. Thus, the application was filed by Munson Group LLC. The founder and leader of the company is Xu…
DetailsThe Central Commercial Court of Appeals has returned the Zaporozhye Titanium and Magnesium Works to state ownership under a case to cancel an agreement between the works and a Dmitry Firtash company. The company in question is Tolexis Trading Limited, registered in Cyprus. The creation of the joint venture allowed Firtash to get the works…
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