Russia Metals and Mining

373 thousand tons of coal mined in Chukotka in the first seven months of 2019

In the first seven months of this year, volume of production of brown and hard coal in Chukotka amounted to 373.3 thousand tons.

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In Q2, net profit of En+ Group increased by 4.6% as a result of increased sales of aluminum

In the first six months of 2019, the net profit of energy metallurgical holding En+ Group under IAS decreased by 23.2% to $796 million, the company reported.

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EVRAZ sets up production of new rails according to the Korean standard

EVRAZ ZSMK successfully set up production of a new type of rail according to the Korean standard KS R 9106:2006R. Rails of the 50 N category are lightweight, they are designed for subways.

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NLMK supplies dynamo steel for the first wind farm in Rostov region

NLMK Group's flagship company, the Novolipetsk Metallurgical Plant, supplied one of Russia's largest manufacturers of electric machines, RUSELPROM, with electrical dynamo steel to produce g

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Mechel reduced coal production by 16% in the first half of the year

In the first six months of 2019, Mechel reduced coal production by 16% (to 8.136 million tons) compared to the same period in 2018. This was reported by representatives of the company.

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23.79 tons of gold are produced in Kolyma since the beginning of the year.

Compared to the same period in 2018, precious metal mining in the region grew by 25.8%.

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Gazprom expects rising pipe prices.

Gazprom expects rising pipe prices in connection with the EEC decision on rental quotas.

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Pipe enterprises of the Russian Federation increased production in January-July

In July 2019, index of industrial production in the Russian Federation amounted to 99.3% compared to the previous month, and 102.8% compared to July last year.

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Gazprombank receives Mechel’s proposal on debt restructuring

Gazprombank has received Mechel's offer to restructure its debt, a representative of the bank told reporters.

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Novolipetsk Metallurgical Plant to install another air purification system

The experts of the General Board of State Expert Review of Russia reviewed the design documentation and the results of engineering surveys for the reconstruction of the suction unit for cleaning du

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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