Prime Minister Bakytzhan Sagintayev makes a series of working trip to the regions of the country. On September 14 Sagintayev arrived in Pavlodar region, where as part of the meetings with representatives of the region’s public and activists, issues and measures for further development of industry, small and medium businesses, as well as improving the…Details
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The prices of precious metals increased in Azerbaijan on September 14, according to the data published by the Central Bank. The price of gold grew by 1.394 manats, to 2048.908 manats per ounce on September 14 compared to the price on September 13. The price of silver went up by 0.025 manats, to 24.2162 manats…Details
The prices of precious metals increased in Azerbaijan on September 13, according to the data published by the Central Bank. The price of gold grew by 18.292 manats, to 2,047.514 manats per ounce on September 13 compared to the price on September 12. The price of silver went up by 0.2197 manats, to 24.1912 manats…Details
Panyutino Wagon-Repair Works, a subsidiary of Ukrzaliznytsia, has concluded agreements with Sota Ukraine LLC for the delivery of steel valued at 161.94 million UAH. This year the company has ordered 6374 tons of various steel grades. The largest order for 43.2 million UAH presupposes the delivery of 1849 tons of plate steel made by Mariupol…Details
Energomashspetsstal has shipped a large batch of rolls to ABB. The total weight of the batch was 164 tons. The rolls will be used to produce electric engines. The companies have been cooperating for over 10 years. (Ukrainian metal)Details
In August the deliveries of rolled metal via railroad from Chelyabinsk Iron and Steel Works totaled 266.5 thousand tons, up by 2% YoY. According to the railroad statistics, in January-August sales reached 2.15 million tons, down by 1.6% YoY. Russian customers received 1.84 million tons, down by 4.9%, while exports grew by 23.4%, to 0.31…Details
The Alardinskaya mine was the first among Raspadskaya enterprises to have exceeded the level of 2 million tons of coal this year. “On the Russian market of coking coal Alardinskaya occupies some 10-15%. This is a powerful enterprise of the country, and one of the leaders of Raspadskaya Coal Company”, Raspadskaya CEO Sergey Stepanov noted.…Details
The commissioning of the project to develop Baimskoye copper deposits was discussed at the meeting of the KAZ Minerals chairman Oleg Novachuk and the president representative in the Far East Federal District Yuri Trutnev. The company might be granted the status of the territory of advanced development resident. This status provides for some tax preferences…Details
Kolmar, the Republic of Sakha (Yakutia) and Baosteel Resources (China) have concluded an agreement to continue cooperation. The memorandum provides for a long-term cooperating and exports of coking coals to China. By 2021 Kolmar intends to have increased coal mining and processing at all of its enterprises to 20 million tons. The company has started…Details
ChTPZ will buy 49.813% of shares in Eterno LLC for 5.3 billion rubles from Mountrise Limited. According to the company statement, the shares have to be paid for not later than on November 1. The deal was concluded on September 10. Eterno LLC is the joint project of ChTPZ and Rosnano to produce joint parts…Details
Ukraine can easily solve the problem of Crimean Titanium and the environment catastrophe, which the Russian occupants have created in the town of Armyansk. For this the plant has to stop operation. “The only raw material that the company needs is ilmenite. The ore containing titanium is mined in Ukraine, and then from Odessa is…Details
Eastern Mining Company and Marubeni Corporation (Japan) have signed a memorandum of understanding on cooperation. The companies will be developing the loading and warehouse infrastructure of the main EMC logistics hub – the coal seaport of Primorsk. EMC investment program until 2022 presupposes the development of manufacturing capacity to 20 million tons. This year the…Details
The Trading House MMK LLC intends to sell 250 thousand tons of metal in Kazakhstan in 2018. Kazakhstan has become the first country where a foreign office of the company opened due both to the proximity to MMK and the developing economy of the region with high metal consumption. The first office was opened in…Details