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Last year enterprises extracting gold in Amur region obtained 22.7 tons, down by 12% YoY. Ore gold accounted for 14.1 tons and alluvial gold – for 8.7 tons. The decrease in the output has to do with the drop in the manufacture at Petropavlovsk enterprises and at the Berezitoviy mine (Nordgold). Thus, last year Petropavlovsk…
DetailsNLMK reports the appointment of Stanislav Olkov the CEO of VIZ-Stal. He has replaced Valeriy Shevelev in this office. Shevelev will focus on a new strategy stage of NLMK Group. The goal of Olkov is to improve product quality and business process efficiency. Stanislav Olkov has been working with VIZ-Stal since 2007. Since 2013 he…
DetailsIn January-November 2018 Russia exported 2.3 million tons of steel pipes valued at $2.46 billion, up by 23% and by 38.4% YoY respectively. According to the customs statistics, Finland remains the leading importer, having purchased 19.7% of all pipes. Still exports to Finland fell by 23.5% YoY. Kazakhstan holds the share of 17.5%, up by…
DetailsOJSC Magnitogorsk Metalware and Calibration Plant MMK Metiz has successfully passed the certification audit for compliance with the requirements of the new international standard in the railway industry ISO/TS 22163:2017. The company is one of the first Russian metalware companies to be certified in line with this standard. Over the course of a week, specialists…
DetailsIn December 2018 Dneprospetsstal produced 18,165 tons of steel, down by 3.1% MoM. Rolled metal output dropped by 3.5%, to 11,888 tons. The total cost of products manufactured in December 2018 was 768,510 thousand UAH, up by 0.7% MoM. In 2018 the company produced 247,028 tons of steel and 162,638 tons of rolled metal, all…
DetailsIn 2018 the total amount of tax and duties payments of PJSC ArcelorMittal Kriviy Rih increased by UAH 1.1 billion YoY and amounted to UAH 8.8 billion, up by 14.2% (UAH 7.7 billion). The company is still the largest taxpayer in the industry. Out of the total amount of taxes and duties – UAH 8.8…
DetailsSinarsky Pipe Works has mastered the technique to produce casing pipes with the diameter of 177.8 mm and the wall thickness of 9.2 mm, strength group E and Buttress joints. Such pipes are used to construct oil and gas shafts. Previously SinTZ did not produce casing pipes with such a diameter. Last year the company…
DetailsThe prices of precious metals decreased in Azerbaijan. The price of gold dropped by 4.1225 manats, to 2,193.986 manats per ounce on January 14 compared to the price on January 11. The price of silver fell by 0.213 manats, to 26.4543 manats per ounce. The price of platinum went down by 23.749 manats, to 1,374.671…
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