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Russian metals and mining group Mechel keeps plans to raise coal output in 2019 despite a 16% reduction in January-June, the company said in a statement on August 15. “Growth of coal production volumes will continue in the coming periods. Despite the planned reduction in production in the first quarter of 2019, coal production will…
DetailsRussian gold production rose by 12.9% YoY and by 10.6% MoM in July, the Federal State Statistics Service said in a report. In January-July gold production grew by 21.5% YoY. No absolute figures were disclosed. (Prime/Ukrainian metal)
DetailsLast year metal-processing enterprise SIA Jensen Metal situated in the Liepaja Special Economic Zone increased revenue by 276.2% YoY, to EUR 29.286 million. The company profit grew by 57.8%, to EUR 4.567 million. Sales in Latvia totaled EUR 227 thousand, as most of the products were exported. In 2017 Jensen Metal received EUR 23.2 million…
DetailsUkrzaliznytsia (Ukrainian Railways) is auctioning another batch of scrap via the Prozorro.Sales – the company is offering 12 lots with the combined weight of over 73 thousand tons. The initial price is almost 379 million UAH, but the company intends to receive at least 400 million UAH. The auctions will be held in August. The…
DetailsIn January-July Ukraine produced 12.7 million tons of steel and 10.9 million tons of rolled metal, up by 4% and by 2% YoY respectively. Pig iron manufacture dropped by 0.2%, to 11.9 million tons. In July steel output went up by 8% MoM, to 1.8 million tons, rolled metal – by 1%, to 1.5 million…
DetailsRepresentatives of Hermith GmbH – Hermith Rus CEO Natalia Chernenko and the chief technical officer Sergey Altynbayev – have discussed further cooperation with the managing director of Zlatoust Electrometallurgical Works Alexander Yefimushkin and director of reconstruction and development Andrey Lyska. In particular, the parties discussed the issues of titanium products manufacture for European and other…
DetailsIn 2018 Borisovka Bridge Metal Structures Works named after Sklyarenko increased net profit by 16.2% YoY, to 596 million rubles. Revenue grew by 8%, to 5.3 billion rubles, and gross profit by 7%, to 1 billion rubles. The company is one of the major manufacturers of steel bridges in Russia. As a result of the…
DetailsIn July Beloretsk Iron and Steel Works increased sales of certain types of metal wares. All in all in a month BMZ sold over 39 thousand tons of metal wares. The sales of low-carbon welding wire for the manufacture of electrodes and steel shaped sections for the manufacture of fasteners for car industry increased by…
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