Metals and mining

Gold production at Maysky made up 5.2 thousand ounces in Q1

The production volume fell by 51% compared with Q1 2016.

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The "Izhstal" plant (part of the Mechel Group) improves production indicators for Q1 2017 compared to the same period of the previous year.

Steel smelting increased by 39% to 75 thousand tons, finished steel production - by 24% to 80 thousand tons. Shipment of finished products increased by 43% and amounted to 91 thousand tons.

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The Zaporozhye iron ore plant will pay the Czechs, the Slovaks and Rinat Akhmetov 1.4 billion hryvnia in dividends.

On May 31 shareholders of PJSC "Zaporozhye Iron Ore Plant" intend to consider the issue of paying 1.361 billion UAH in dividends for 2014-2015, the company's message on holding a meet

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In 2016, Siberia-Polymetals invested over 1 bln rubles in development

Last year, Siberia-Polymetals (Altai region, a part of UGMK Holding) invested 1.80 million rubles in the development, the company's annual report informs.

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Severstal reports growth in price of pellets in Q1

According to the Platts, on April 20, the Russian company Severstal reported that its average quarterly prices for iron ore pellets grew to $86 per ton compared to the last year's figure of $36

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Test of hot briquetted iron shop №3 carried out at Lebedinsky GOK

Lebedinsky GOKe (LGOK, Belgorod region, a part of Metalloinvest) is approaching the final stage of the construction of the third hot briquetted iron shop.

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Subsoil Use Department in Yakutia offers placer Malyi Taryn with reserves of over 2 tons of gold

On June 22, there will be three auctions for subsoil sites with placer gold reserves in Yakutsk.

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MMK increased plates shipment by 12.6% to 473 thousand tons

In 2016 MMK shipped 473 thousand tons of metal products to the car manufacturing enterprises. This is by 12.6% higher than in 2015.

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Aluminium semi-finished goods output sets records

In Q1 2017 primary aluminium production in Russia fell by 3.7%, alloys on its basis grew by 13.4%, the Federal Service for State Statistics reports.

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Severstal announces its financial results in Q1

Severstal has announced its financial results in the first quarter of 2017.

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