Metals and mining

Major Russian steel players reduce production

In the first 9 months, the largest Russian metallurgical companies show a decline in steel output against the background of a decrease in world prices.

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In January-September, Russia increased gold production by 20.2%

In January-September 2019, Russia increased production of raw or semi-processed gold, or in powder form compared to the same period a year earlier by 20.2%, the Russian State Statistics Service inf

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MMK increased sales of high-margin products in January-September

In the first 9 months of this year, Magnitogorsk metallurgical plant reduced steel production compared to the same period in 2018 by 1.7% to 9.392 million tons, it follows from the company's re

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Severstal increases sales of polymer-coated steel by 24% within nine months.

Within the first nine months of 2019 Severstal, a large Russian producer of large diameter pipes (LDP), increased sales of polymer-coated metal products by 24%, Lkmportal informs with reference to

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Priisk Solovievskiy reduces gold mining.

According to the results of nine months of 2019, the gold mining company JSC Priisk Solovyevskiy produced 2,462.5 kg of gold. Compared to last year, precious metal production decreased by 2.2%.

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If coal miners increase volume of supplies, coal to go to the West at a discount

Russian Railways have give coal miners a long-awaited discount on the north-western export route, which levels the export surcharge and is designed to relieve the eastern route.

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Seligdar mines almost 5 tons of gold within 9 months.

Seligdar increased gold production by 15%.

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Severstal increased sales to Russian customers in the fuel and energy industry by 37%

Severstal, one of the world's largest vertically integrated steel and mining companies, supplied over 740,000 tonnes of steel products to Russian fuel and energy customers in the first nine mon

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80 million rubles to be spent by Buryatzoloto for modernization of Irokinda gold recovery plant

By the end of 2019, Buryatzoloto (part of Nordgold) plans to complete modernization of a flotation line at the gold recovery plant of the Irokinda mine.

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ChTPZ group signs memorandum of cooperation with Saudi Arabian companies

As part of the state visit of the Russian President Vladimir Putin to Saudi Arabia, ChTPZ Group signed cooperation agreements with industrial companies of the Kingdom.

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