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Moscow Coke-Gas Works has put into operation a new gasholder to regulate gas pressure in its gas system. Investments in the project exceeded 117 million rubles. The stable gas pressure is important for the coke-oven battery operation. The new gasholder will prevent accidental gas emission. (Ukrainian metal)
DetailsRussian aluminum giant UC RUSAL has approved construction of a second stage of its Taishet anode plant, the company said in a statement published on June 21 on the Hong Kong Stock Exchange. The second stage’s launch is scheduled for 2023. RUSAL would need to spend about $90 million on the project in 2019. The…
DetailsIn April, Russia exported 73 thousand tons of copper, up by 13.6% MoM and by 52% YoY. In 4 months exports increased by 20.1% YoY, to 269 thousand tons. In monetary terms exports grew by 8%. (Ukrainian metal)
DetailsIn January-April, Russia exported 534.4 thousand tons of steel pipes valued at $478 million, down by 43% and by 56.5% YoY respectively. The largest importer was Kazakhstan – 26%, up by 46.7%, followed by US (24.2%, up almost 3-fold) and Belarus (14.5%, up by 3.2%). (Ukrainian metal)
DetailsIn January-March, Russia produced 61.464 tons of gold, up by 13.3% YoY. The Gold Miners’ Union has increased its output forecast for 2019 to 340 tons, up by 3.1%, including 306 tons (+3.6%) of primary gold. Earlier it was expected to obtain 300 tons of primary gold. At the same time, silver output in Q1…
DetailsFrom June 21, Krasniy Octyabr has decreased prices for alloyed metal waste it purchases. The price drop is 500-2,000 rubles depending on the waste type. The average nickel content in the batch of alloyed scrap should be not less than 9.3%. The minimal batch is 5 tons. From June 17, the company has decreased prices…
DetailsVallourec Niko Tube, a joint venture of Vallourec and Interpipe, was created in April 2018 to produce seamless pipes for the European market. The manufacture is situated in the city of Nikopol and consists of two lines in the pipe-rolling shops Nos. 2 and 7 of Interpipe Niko Tube. Interpipe is responsible for the manufacture…
DetailsIngulets Mining and Processing Works has rendered assistance in the restoration of the Shirokoye settlement, where some 20 cottages and 55 yards were flooded in late May – early June. In 2 weeks the settlement has been flooded 4 times. Metinvest, owner of InGOK, has already transferred over 2 million UAH for the purchase of…
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