Head of State Nursultan Nazarbayev has visited one of Karaganda region largest enterprises, which produces rolled ferrous metals. The President of Kazakhstan got familiar with the technologies for the manufacture of long products and was informed about the further plans concerning the development of the metallurgical plant. In addition, Nursultan Nazarbayev was informed about the…Details
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A firm, owned by the wife of the former bodyguard of ex-Kyrgyz President of Kyrgyzstan Almazbek Atambayev Erkin Mambetaliev, Aichurok Adieva, is behind illegal gold mining at Naiza field in Chatkal district. According to the Ministry of Justice, the founders of Muraz Sintez firm, which intends to extract gold in the territory of Besh-Aral nature…Details
In January-August Ukraine imported 3.273 million tons of aluminum ore and concentrate valued at $131.251 million, up by 7.65%, but down by 0.1% YoY respectively. According to the State Fiscal Service, the main suppliers were Guinea (56.62%), Guyana (37.75%) and Brazil (4.59%). Ukraine re-exported 45 tons of bauxites valued at $5 thousand to Poland, while…Details
The acting governor of Krasnoyarsk region Alexander Uss and Rusal president Vladislav Soloviev have visited one of the major Russian enterprises to produce car wheels of aluminum alloys – the Casting-Mechanical Works SKAD LLC. The company is situated in the city of Divnogorsk and has been a part of Rusal since 2017. SKAD produces over…Details
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
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