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News

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Release of zinc in Russia fell in the first half of 2013
As can be seen from the data published by the Federal Service of State Statistics, the volume of the release of untreated zinc in Russia in the first half of this year fell by 6.1% compared to the same period of 2012. It is only for the month of June 2013 compared with June 2012, production of this metal in the country decreased by 13.2%, as compared to May 2013 - decreased by 11.2%.
30 July 2013
Norilsk Nickel may earn less profit in 2013
According to the statement of Vladimir Potanin, the General Director of OJSC MMC "Norilsk nickel", his company has every chance of under-collection of about one billion dollars in revenue in the current year in view to falling metal prices.
29 July 2013
RUSAL is the organizer of the congress Non-ferrous metals in 2013
The world's leading aluminum producer - United Company RUSAL - took up the functions of the organizer of the fifth International Congress and Exhibition "Non-ferrous metals in 2013". The event starts on 3rd September at Krasnoyarsk and runs until the 6th of the same month. Congress - as has repeatedly happened in the past - will combine the conference "The Gold of Siberia", "Metallurgy of non-ferrous and rare metals" and "Siberian Aluminum."
26 July 2013
Boliden reduces the production of copper
The Swedish company «Boliden», working in the mining industry, copper production decreased (compared with the same time interval in 2012) to 12% in the first half of this year. The current rate of the enterprise production for the abovementioned period on this resource fell to 146.2 ths. Tons, while in the first half of 2012 this figure amounted to 166.3 thous. Tons.
23 July 2013
Global titanium prices continue to fall
As the specialized media reports, over the past few months in the global market prices for titanium and its products on the basis of much "thinner". In particular, according to the «Metal-Pages Ltd.», in European trading floors of the cost of 70% ferrotitanium decreased from 6.2-6.4 US dollars per kilogram to 5,5-5,65 USD per kilogram, and cost 1 kg of titanium chips fell to US $ 5,39-5,56 to 4,45-4,78 dollars. At the same time, according to statistics «Metal Bulletin» magazine, the weighted average price of ferrotitanium decreased to 5,85-5,95 thousand. Dollars per ton.
22 July 2013
Baosteel lowers the cost of export austenitic stainless steel
According Yieh.com, Chinese corporation «Baosteel» has recently taken a decision to reduce export prices for austenitic stainless steel at 100 US dollars per ton since the fall in nickel prices on the world markets.
19 July 2013
Japan plans to mine rare earth metals in Central Asia
Recently, geological prospecting was started by Japanese scientists in the former Soviet Union - namely, in Central Asia. Apparently, the start of production of rare earth metals (namely, those resources will be looking for geologists Land of the Rising Sun), another Asian power with deposits of CIS countries is not far off.
19 July 2013
Prices in the global nickel market continues to decline
In a recent statement to analysts «Standard Bank» says that the steady decline in world prices for nickel lately as close as possible to the threshold value of the resource profitability. Now, experts say, the price of the metal will be in the corridor quotations as long as the volume of its release, the leading market operators have been significantly reduced.
16 July 2013
CFO aluminum plant in Montenegro arrested for theft
According to Russian media reports, the statement of representatives of the holding «En +» Oleg Deripaska said that the recent arrest of Dmitry Potrubacha (CFO Montenegrin aluminum smelter - «Kombinat Aluminijuma Podgorica» (KAP)), is the only "repression against the legitimate shareholders." The details of the incident reported that the top managers of the enterprise have been charged with stealing electricity from the European energy system.
15 July 2013
Volgograd aluminum plant increases the proportion of products with high added value
Representatives of the company JSC "Volgograd Aluminum Plant" recently reported that the leadership of the organization intends for the current year to increase the share of products with high added value (for the most part it's alloys) to levels exceeding half of the total production
11 July 2013
World copper reserves will last for a century
According to the view expressed by analysts «Monash University» (State University of Australia), the world's copper reserves able to cover the growing demand for the red metal for at least a century. Such a conclusion was made by analysts on the basis of data received from mining companies around the world as part of a recent study by Australian scientists special.
9 July 2013
CMP will supply stainless steel for Russian Helicopters holding company
As stated in a recent statement to the press service of the company "Mechel", "Chelyabinsk Metallurgical Plant" (CMP) has committed itself to ensure the purchase order class of innovative stainless steel with high strength for the helicopter. Customer in this transaction is the holding company "Russian Helicopters".
8 July 2013
VSMPO-AVISMA titanium products presented at the exhibition in Japan
Titanium Corporation "VSMPO-AVISMA Corporation" (the first time in its history) participated in professional exhibition held in Japan. We are talking about the participation of Russian companies in the 17 th «M-TECH 2013" international exhibition of components, parts and components for industrial equipment, which, according to tradition, took place in the first month of summer in Tokyo.
4 July 2013
In Australia, increasing volumes of refined nickel release
As stated in the recently released forecast of experts BREE ( «Australian Bureau of Resources and Energy Economics» - Division of Resources and Energy under the Australian Government), local producers of nickel in the 2012-2013 fiscal year may increase the volume of refined metal release of 5% (in compared to the figures of the financial year 2011-2012). Analysts Bureau predicts that the production of refined nickel in Australia in a specified period of time could reach 128 thousand. Tonnes.
2 July 2013
Alcoa closes aluminum production plant in Italy
Representatives of the company «Alcoa» (Pittsburgh, USA) announced their intention to close the plant by «Fusina» aluminum producer, which is located in Venice (Italy). This measure will lead to the fact that in the second quarter of 2013, the corporation will suffer losses, estimated at 30-35 mln. US dollars.
1 July 2013
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