Azerbaijan, Russia Metals and Mining

Russia Minerals:Review and forecast of market development: Q3

In the first nine months of 2015, the Russian index of mineral resources mining grew by 0.3%, and the index of mining of metal ores increased by 1.6%. The index of metallurgical production and output of finished metal products fell by 5.7%.
In the non-ferrous metallurgy production the index decreased by 8.1% due to the reduced putput of products of increased technological readiness, delivered to the domestic market. The index of mining and enrichment of non-ferrous metals grew by 3.1%. The domestic demand for non-ferrous metals decreased by 20%, while the export grew by 1.7%.
According to the Russian Statistics Committee, in January-September 2015, the ore mining and production of gold concentrates decreased by 4.1%, the production of gold bullions - by 2.1%. According to the Ministry of Finance, the total gold production decreased by 0.6% to 215.868 tons, including primary production decreased by 0.7% to 173.82 tons, byproduct production - by 26.5% to 9.69 tons, and scrap production grew by 11.9% to 30.95 tons.

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MMK to expand its presence in the Azeri market

​«Caspian Oil&Gas-2015» workshop took place in Baku. MMK participated in it.
The main focus was made on the products for the oil and gas sector which is actively developing in the region: proved oil reserves at the Caspian shelf are assessed at over 10 bln tons.
In large infrastructure projects on oil and gas transportation of the Caspian the products of the mill-5000 of MMK might be required. The mill produces high-quality tubing stock for producers of large diameter pipes. Due to its unique characteristics MMK participates in the majority of large pipeline projects in the CIS.
Azerbaijan actively constructs pipelines for oil and gas pumping. Among them are Baku-Novorossiysk, Baku-Supsa, Baku-Tbilisi-Ceyhan, Baku-Tbilisi-Erzurum, TANAP. The realization of the largest project on the foundation of  new oil and gas processing and oil chemicals complex near Baku has stated.

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MMK considers Azerbaijan as a promising market.

Today the 22nd International Exhibition "Caspian Oil and Gas-2015", which takes part in the Magnitogorsk Metallurgical Plant, started its work in Baku.
The widest range of products and plant businesses, the Group OJSC "MMK", is traditionally on the stand of the largest enterprise of metallurgical industry of Russia. The main focus is on products for the oil and gas sector, actively developing in the region: proven oil reserves in the Caspian shelf are estimated at over 10 billion tons.

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