In October Russia exported 148 tons of flat rolled copper, down by 23% MoM and by 47% YoY. Deliveries to Belarus have been decreasing for 3 months in a row, and fell by 10%, to 79 tons in October, with exports to Kazakhstan and Ukraine down by 37% an 29%, to 24.3 tons and 41.3…
Baltkat, a resident of the special economic zone in Ozersk, will be producing oxygen-free copper wire rod. Investments in the project totaled 90.8 million rubles. Annual output is estimated at 5 thousand tons. In 2018 the company was the first in Russia to receive a Fund of Industry Development loan of 56 million rubles. The…
In October Russia exported 65.1 thousand tons of refined copper, down by 1.6% MoM and by 2% YoY. Deliveries to China grew almost 2-fold, to 13 thousand tons, and to Germany – 2-fold, to 16.3 thousand tons. The Netherlands accounted for 40% of all exports (26.1 thousand tons). In 10 months exports totaled 573 thousand…
The prospecting company Azarga Metals Corp. intends to invest some $187 million in the development of the Unkur copper deposit in Zabaikalye region. The company started inspecting the deposit in 2015. The reserves were estimated at 62 million tons of ore with a 53% of copper content and silver content of 38.6 g per ton.…
In September Russia exported 8.2 thousand tons of copper rolled wire, down by 50.5% MoM and by 46% YoY. Deliveries to Kuwait dropped from 5.6 thousand tons in August to 3.1 thousand tons. Exports to Belarus decreased by 14%, to 1 thousand tons, and to Egypt – by 40%, to 478 tons. In 9 months…
In September Russia exported 65.8 thousand tons of refined copper, down by 2.5% MoM, but up by 78% YoY. Deliveries to China dropped to 7 thousand tons from 17.3 thousand tons in August. Germany increased imports of copper by 28%, to 7.7 thousand tons. The share of the Netherlands was 62%, or 41 thousand tons.…
In August Russia imported 631.2 tons of non-refined copper, up by 59.6% MoM and 10-fold YoY. Kazakhstan increased deliveries from 395.5 tons to 630.9 tons. In 8 months imports totaled 1.9 thousand tons, up by 12.8% YoY. In monetary terms since the start of the year the imports have increased by 30%. Import price in…
In August Russia exported 16.6 thousand tons of copper wire rod, up by 94.6% MoM and by 8.4% YoY. Deliveries to Kuwait grew 4-fold, to 5.6 thousand tons, while to Egypt dropped by 75%, to 798 tons. In 8 months exports totaled 91.3 thousand tons, down by 7.6% YoY. In monetary terms since the start…