In August NLMK shipped 986.6 thousand tons of metal via railroad, down by 9.4% YoY. In January-August sales increased by 1.1% YoY, to 8.5 million tons. Russian customers received 2.6 million tons, up by 6.3% YoY, while exports totaled 5.57 million tons, down by 1.4%. (Ukrainian metal)Details
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In August MMK shipped 994.2 thousand tons of metal via railroad, up by 9.2% YoY. In January-August, according to railroad statistics, sales grew by 1.1% YoY, to 7.2 million tons. Russian customers received 4.68 million tons of metal, up by 8.5%, while exports dropped by 10.5%, to 2.48 million tons. (Ukrainian metal)Details
In August Evraz-NTMK shipped 310.3 thousand tons of metal via railroad, up by 4.6% YoY. According to the railroad statistics, in January-August sales reached 2.38 million tons, down by 9.2% YoY. Russian customers received 1.35 million tons of metal, up by 3.2%, while exports fell by 21.6%, to 1.03 million tons. (Ukrainian metal)Details
Russdragmet LLC (a part of Highland Gold Mining Ltd) in January-June sold $146.9 million worth of precious metals. Net profit grew by 10.5% YoY, to $28.6 million. Gold sales dropped by 6%, to 121.2 thousand ounces. EBITDA totaled $71.4 million, down by 2.5%. (Ukrainian metal)Details
In August Krasniy Octyabr had to produce 2500 tons of rolled metal, but in fact manufactured 2625 tons. For September the company output plan is 2800 tons. The goals set by the company management have been met. Krasniy Octyabr supplies high-quality steel products to all its foreign customers in time. (Ukrainian metal)Details
MMK is reconstructing its hot-rolling mill-2500 in the sheet-rolling shop No. 4. The project will increase the size and grade portfolio of the mill and improve the quality. The capacity will grow from 4 to 5 million tons of metal per year. (Ukrainian metal)Details
Since the start of the year UralKuz has shipped 100 thousand tons of metal products, up almost 2-fold YoY. Railroad car and locomotive axles account for the major part of sales. “The increase in sales has to do with the high demand for our products on the market, mostly from the railroad companies. We have…Details
The Russian Finance Ministry is considering canceling value-added tax (VAT) to help repatriate dozens of billion rubles in a move the market has been waiting for dozens of years, Deputy Minister Alexei Moiseyev declared on September 7. “The issue is only discussed, and an additional stimulus for its solution has appeared. You can already see…Details
Novocherkassk Electrode Works has commissioned a new pitch impregnation line. According to the company managing director Yevgeniy Churikov, this will allow decreasing the capacity of grafitized electrode manufacture 2-fold. The modern autoclaves’ pressure on pitch is 40% higher than in the existing machinery, which makes the structure of the electrodes more solid. The cost of…Details
In August direct deliveries of ferrous metals to railroad machine-building enterprises totaled 126.4 thousand tons. According to the railroad statistics, this was up by 23.6% YoY. In January-August deliveries grew by 25.2% YoY, to 1.2 million tons. (Ukrainian metal)Details
In August direct deliveries of rolled metal to companies manufacturing ferroconcrete structures and to integrated house-building factories totaled 13.5 thousand tons. According to the railroad statistics, this is down by 29.7% YoY. In 8 months railroad deliveries decreased by 33.4% YoY, to 119.4 thousand tons. (Ukrainian metal)Details
In August direct railroad deliveries of metal to major service metal centers specializing in metal wares manufacture (light metal structures, metal roofing, profiled sheeting, etc.) totaled 186.3 thousand tons. According to the railroad statistics, this is down by 11.8% YoY. In January-August deliveries reached 1.55 million tons, up by 3.1% YoY. (Ukrainian metal)Details
Kopy Goldfields AB has started operating at two prospecting project in Irkutsk and Amur regions. In June the company started prospecting at an alluvial deposit in Amur region. The work is expected to be complete in 2020-2021. So far prospecting for gold at the site has not been carried out. Under the second project Kopy…Details