Russia: Amurmetal makes 30,000 tons of steel

The Amurmetal plant, the only metallurgical facility in Russia’s Far East, resumed operations in late July after a 6-month shutdown to produce 30,000 tons of steel, the Far East Development Ministry said quoting Vladimir Lebedev, CEO of Torex-Khabarovsk, a resident of the Khabarovsk priority development area. “Torex bought the facility in late January to become…

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Tajikistan: TALCO output up amid world prices rise

Tajikistan Aluminum Company is increasing primary aluminum output, the country main export product. According to the company representatives, the output increase is spurred by the world prices growth. “We have both resources and ability to increase output and reach the annual target by year-end”, TALCO information-analytical department director Igor Satarov said. This year the company…

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Russia: ChTPZ earnings up in H1 2017

In January-June ChTPZ Group received 72.566 billion rubles, up by 6% YoY. Gross profit decreased by 21%, to 17.297 billion rubles, EBITDA – 11.001 billion rubles. In H1 the group profits totaled 2.101 billion rubles (5.81 billion rubles in H1 2016). In January the group was able to refinance its consortium loan of 75.689 billion…

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Russia: new cold-rolled sheet standard to be implemented in 2018

According to the Federal Agency on technical regulation and metrology (Rosstandart), the GOST R 52146-2003 “The cold-rolled sheet and cold-rolled dip-galvanized sheet with polymer coating from continuous lines. Technical conditions” has been terminated, and a new standard GOST 34180-2017 “Cold-rolled steel sheet and cold-rolled dip-galvanized sheet with polymer coating from continuous lines. Technical conditions” has…

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