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In June Russia exported 25.7 tons of long-rolled nickel products, down by 3.3% MoM and by 38.5% YoY. Exports to Hungary are growing, reaching 14.3 tons in June, up 2-fold MoM. At the same time deliveries to Ukraine fell 2-fold, to 1.7 tons, and to Latvia – to 2.3 tons. In 6 months exports totaled…
DetailsLast week the price of one ounce of gold decreased by 11.4495 manats or by 0.4%. Accordingly, the average price of one ounce of gold stood at 2,603.1114 manats. The price of one ounce of silver increased by 0.2987 manats or by 0.9%, to 32.0191 manats. The price of one ounce of platinum went up…
DetailsIn June Russia imported 486 tons of ferroniobium, up by 204% MoM and by 6.2% YoY. Deliveries from Brazil grew 3-fold, to 474 tons, and 12 tons were supplied from Canada. In H1 ferroniobium imports totaled 2 thousand tons, down by 15.4% YoY. In monetary terms since the start of the year the exports have…
DetailsIn January-August Irkutsk region extracted 16,118 kg of gold, up by 1% YoY. Ore gold companies accounted for the most output – 9,437 kg, up by 1.7% YoY. In particular, Polyus Verninskoye produced 5,341 kg, while Vysochaishiy and its daughter company Ugakhan – 3,346 kg. Druze LLC extracted the least gold – 750 kg. Alluvial…
DetailsChelyabinsk Iron and Steel Works and Mechel-Koks have switched to a special mode of operation to decrease pollution during unfavorable weather conditions. ChMK has shut down a part of its machinery, and decreased output in a number of shops, as well as considerably reduced the gas usage at the operating machinery. Mechel-Koks is also working…
DetailsIn January-August Ukraine imported 12.98 million tons of coal, down by 8.3% YoY, valued at $1.83 billion, down by 7.5%. According to the State Fiscal Service, Russia supplied $1.09 billion worth of coal (or 59.81%), USA – $596.65 million (32.63%), Kazakhstan – $85.54 million (4.68%) and other countries – $52.64 million (2.88%). At the same…
DetailsNucor Corporation announced that Mr John J Ferriola 67 will retire as Chairman and Chief Executive Officer on December 31, 2019 and that the Board of Directors elected Mr Leon J Topalian, 51, to be President and Chief Operating Officer, effective September 5, 2019, and to succeed Mr. Ferriola as CEO on January 1, 2020,…
DetailsBase metals prices on the Shanghai Futures Exchange were broadly down during morning trading on Monday September 9 with weak data from the United States and China last week weighing on the complex. US job growth slowed more than expected in August, with data released on Friday showing total non-farm employment rising by 130,000 –…
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