Russia Metals and Mining

Evraz: steel beam deficit may develop in Russia in 5 years

According to Evraz's optimistic forecast, by 2025 the demand for construction beams in Russia will more than double from the level of 2018 - to almost 1.5 million tons.

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More than 7 million tons of coal produced in the Sakhalin region in the first seven months

In January-July this year, coal companies of the Sakhalin region received 7.1 million tons of solid fuel, which is by 17% more than in the reporting period of 2018.

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Polyus Aldan increases ore processing at Kuranakh to 5.8 million tons per year.

The increase in production is due to the implementation of the technical re-equipment program.

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Mangazeya may receive subsidy for energy infrastructure.

LLC Mangazeya Zoloto (which manages the Mangazeya Group enterprises, Mangazeya Mining Ltd) may receive a state subsidy for the creation of infrastructure for electricity supply, the Trans-Baikal Re

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Dividends of VSMPO-Avisma can be 884.6 per share

Board of Directors of VSMPO-Avisma has recommended that extraordinary general meeting of the company's shareholders approve dividends for the first six months of 2019 in the amount of 884.6 rub

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In September, Alrosa to hold the second auction of colored diamonds True Colors

In September, Alrosa will hold the second annual auction for sale of colored diamonds True Colors.

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Severstal expands its product range for customers in the construction industry

Severstal, one of the world's largest vertically integrated steel and mining companies, has started production of several new types of galvanized steel products at the Cherepovets Steel Mill (p

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ALROSA to present its motor gas fuel projects at the First Oil and Gas Forum

During the First Oil and Gas Forum, ALROSA will talk about the project to convert motor vehicles to natural gas.

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Norilsk Nickel: in 2019, deficit on nickel market to be 60 thousand tons

According to expectations of Norilsk Nickel, deficit on the world nickel market will be about 60 thousand tons this year (the previous forecast is 50 thousand tons).

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Kolmar to increase coal production to 20 million tons by 2021

The launch of Inaglinskaya mine, as well as of facilities of the first stage of Inaglinskaya-2 concentrating factory is scheduled for May 9, 2020.

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