Metals and mining

Severstal not to invest in production capacities

As the Reuters reports, the Russian company Severstal has predicted a drop in its steel production in 2017 by 1-2% compared to the last year's result of 11.6 million tons.

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"Neryungri-Metallic" opens the field season of geological exploration.

The "Neryungri-Metallic" company(part of Nordgold) has started geological exploration work since April 15.

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In January-March, Russia increased gold production by 6%

In January-March 2017, the Russian Federation increased the production of raw gold in ingots or in the form of powders by 6% compared to the same period of the previous year, the Russian Federal St

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2.2 tons of gold are mined in the Irkutsk Region within three months.

In January-March the gold mining companies of the Irkutsk Region produced 2,220 kg of ore gold - 17% or 444 kg less than within the same period last year.

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Raspadskaya mine produced 1 mln tons of coal since the beginning of 2017

"Since the end of last year, the staff of the mine hasn’t slowed down the taken pace for extraction and stripping.

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Evraz KGOK extends sale markets

Evraz KGOK has shipped a shipment of pellets to Slovakia. The customer of Kachkanar products was the largest steel plant of the country - U. S. Steel Košice.

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Alrosa’s new president renews team of top managers

Recently appointed president of Alrosa Sergei Ivanov has undertaken a significant update of the team of company’s VIP-managers.

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Rolled products output grew by 2.5% in Q1 – Rosstat

In Q1 2017 the metallurgical enterprises of Russia produced 13 mln tons of cast iron. In annual terms the fall made up 1.1%.

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In Q1, production of metal structures grew by 15.5%

According to the Federal State Statistics Service, in the first quarter of 2017, the output of metal structures by Russian enterprises increased by 15.5% compared to the same period of the previous

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