In October ZSMK shipped 439.3 thousand tons of metal via railroad, down by 22.4% YoY. In 10 months sales grew by 1.2%, to 5.22 million tons. Domestic customers received 1.62 million tons, down by 6.4%, while exports grew by 5.1%, to 3.6 million tons. (Ukrainian metal)
DetailsIn October Chelyabinsk Iron and Steel Works decreased sales by 7.9% YoY, to 234.8 thousand tons. According to the railroad statistics, in January-October it sold 2.63 million tons of metal, down by 3.5% YoY. Domestic customers received 2.26 million tons, down by 6.2% YoY, and foreign – 370 thousand tons, up by 17.1%. (Ukrainian metal)
DetailsIn January-October Ferrexpo exported 8.41 million tons of iron ore pellets. In particular, Poltava GOK exported 6.3 million tons of pellets and Yeristovo GOK – 2.11 million tons. Metinvest exported 4.44 million tons of pellets, with 1.925 million tons exported by CGOK and 2.516 million tons by SevGOK. Karelsky Okatysh (Russia) shipped 4.438 million tons…
DetailsThe mining-metallurgical company Fincraft Resources has concluded a deal to consolidate 22% of Petropavlovsk plc shares by buying Fincraft Holdings Ltd. The amount of the deal is not disclosed. Fincraft Holdings Ltd (Cyprus) bought 22.42% in Petropavlovsk in late 2017. (Ukrainian metal)
DetailsIn October Severstal – Bar Works Balakovo sold 71.5 thousand tons of steel products, down by 22% YoY. The plant set a record in output of 74.5 thousand tons per month in May. In January-October the company shipped 705.7 thousand tons of steel via railroad, up by 20% YoY. Local customers received 608.6 thousand tons,…
DetailsThe coal production of Russian metals and mining group Mechel fell by 8% YoY, to 14.472 million tons in January-September, the company said in a statement on November 27. Steel output shrank by 7% YoY, to 2.976 million tons in the period, and cast iron production went down by 8%, to 2.817 million tons. Sales…
DetailsPrecious metal prices mostly decreased in Azerbaijan on November 27, according to the data published by the Central Bank. The price of gold dropped by 5.4825 manats, to 2,077.349 manats per ounce on November 27 compared to the price on November 26. The price of silver fell by 0.1821 manats, to 24.2114 manats per ounce.…
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