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Russia: Almetievsk Pipe Works expands product range

Almetievsk Pipe WorksBy admin28.01.2020Leave a comment

Almetievsk Pipe Works has mastered the manufacture of electric-welded longitudinal welded galvanized pipes The company can now produce round pipes with the diameter of 15 to 57 mm and section pipes with the size of 15×15 to 60×40 mm. Galvanized coating provides for the protection from corrosion. Such pipes are widely used in construction and…

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Ukraine: 13th place retained in steel manufacturers list in 2019

Ukrainian steel outputBy admin28.01.2020Leave a comment

In December 2019 Ukraine decreased steel manufacture by 17.2% YoY, to 1.561 million tons, having advanced from the 15th to the 12th position in the Worldsteel rating. In the whole 2019 Ukraine produced 20.848 million tons of steel, down by 1.2% YoY, having remained at the 13th place. In 2018 Ukraine was also on the…

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Russia: Sibantrazit UHG anthracite output up in 2019

coalBy admin28.01.2020Leave a comment

Sibantrazit has improved the operation of its processing factories in Novosibirsk region, where Sibirskiy Antrazit and Razrez Vostochniy operate. Since August 2019, the output of Ultra High Grade concentrate has grown from 19% to 25.2%. The company intends to retain this level in 2020. Sibantrazit is the leading manufacturer and exporter of UHG in the…

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Russia: ZTZ to buy UralSteel

Zagorsky Pipe WorksBy admin28.01.2020Leave a comment

Zagorsky Pipe Works intends to buy Ural Steel from Metalloinvest. According to RBK, the price could exceed 32 billion rubles. ZTZ needs Ural Steel, which produces strips and pipe billets, for a new project – the manufacture of OCTG seamless pipes. (Ukrainian metal)

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Russia: Polymetal silver output down in 2019

PolymetalBy admin28.01.2020Leave a comment

In 2019 Polymetal International plc produced 1.316 million ounces of gold, up by 8% YoY, and 21.6 million ounces of silver, down by 15%. Total manufacture in gold equivalent grew by 3%, and by 4% exceeded the initial output target of 1.55 million ounces, having reached 1.614 million ounces. Copper manufacture dropped by 37%, to…

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Russia: Severstal Distribution increases strips capacity

Severstal DistributionBy admin28.01.2020Leave a comment

Severstal Distribution service metal center in Cherepovets has commissioned its second slitting line with the capacity of 30 thousand tons per year. The Italian machinery will allow cutting metal with the thickness of up to 4 mm. Now the company can cut metal with the thickness of 0.4 to 4 mm of coils with the…

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Russia: Kamchatskoye Zoloto gold and silver output up in 2019

gold, silverBy admin28.01.2020Leave a comment

In 2019 Kamchatskoye Zoloto, developing sites in Kamchatka region, produced 626 kg of gold and 374 kg of silver. Gold output grew by 52% YoY, and silver – by 68%. In Q2 the company intends to commission the first stage of the Baranievskoye mine with the capacity of 73 thousand tons. (Ukrainian metal)

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Russia: Rustitan to construct metal works in Komi

titaniumBy admin28.01.2020Leave a comment

The head of the Republic of Komi Sergey Gaplikov and president of the Russkie titanoviye resursy group of companies Anatoliy Tkachuk have signed an agreement to construct a vertically integrated mining and metallurgical works to process titanium ores and quartz sands of the Pizhemskoye deposit. Until 2021 Rustitan will perform prospecting work at the deposit,…

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Russia: molybdenum imports up in November 2019

molybdenumBy admin28.01.2020Leave a comment

In November 2019 Russia imported 32 tons of molybdenum including scrap, down by 20% MoM, but up by 40% YoY. Deliveries from China dropped from 28 tons to 23 tons, and from Germany – by 45%, to 6 tons. In 11 months of 2019 imports totaled 319 tons, up by 9% YoY. In monetary terms…

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Tajikistan: Talco aluminum output up in 2019

TALCOBy admin28.01.2020Leave a comment

In 2019 Talco produced 100.8 thousand tons of aluminum, up by 5.8 thousand tons YoY. Last year the manufacturing process was slowed down by raw materials delivery delays from Turkmenistan. In particular, the company had to shut down 90 of its electrolysis baths. (Ukrainian metal)

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Russia: Tycoon Trotsenko to raise stake in Geopromining to 98.5%

GeoProMiningBy admin28.01.2020Leave a comment

Businessman Roman Trotsenko is raising his ownership in the mining business and can boost the stake Geopromining metals company to 98.51% by acquiring a stake from the current controlling shareholder Siman Povaryonkin. According to the Federal Antimonopoly Service, Cyprus-based Nakilep Overseas Limited controlled by Trotsenko has asked the agency to allow it to buy a…

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Russia: Polyus gold output up in Q4 2019

gold, PolyusBy admin28.01.2020Leave a comment

Gold production of Polyus increased by 7% QoQ, to 804,000 ounces in October-December 2019, the company said in a statement. Revenue rose by 20%, to $1.277 billion, while an average gold price stood at $1,482 per ounce. In the whole of 2019, gold output increased by 16%, to 2.841 million ounces. Sales revenue rose by…

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Russia: Gazprombank to sell stake in Elga coalfield to A-Property

coalBy admin28.01.2020Leave a comment

Gazprombank is interested in selling its 49% stake in the Elga coalfield to A-Property, a company of co-founder of telecom operator Yota Albert Avdolyan, Gazprombank’s press secretary Anton Trifonov reported on January 28. On January 27, a source said that A-Property asked the Federal Antimonopoly Service to approve an acquisition of 100% in the Elga…

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Kazakhstan: Kazatomprom remains world’s largest seller of uranium

uraniumBy admin28.01.2020Leave a comment

First President of Kazakhstan-Elbasy Nursultan Nazarbayev has held a meeting with Chairman of the Board of Kazatomprom JSC Galymzhan Pirmatov. Galymzhan Pirmatov briefed Elbasy on the results of the company’s work in 2019 and revealed its plan for the current year during the meeting. The Chairman of the Board highlighted the fact that Kazatomprom remained…

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