Metallurgy news
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They said: "Let's go!"Pavel Shilyaev, General Director of MMK PJSC, and Director of the Magnitogorsk Rolling Mill (MZPV, part of the MMK Group) Valery Yakhontov pressed the symbolic button to launch the first stage of the new steel roller workshop.About the project in numbers:Implementation: alternately -…
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MMK Operating results 2kv \ '25The first report from ferrous metallurgy production and dynamics year by the year cast iron 2.4 million tons (-10%) coal 0.8 million tons (24%) yellow-rund 0.4 million tons (-21%) steel 2.6 million tons of 2.6 million tons (-22%) Sales of 2.5 million tons (-18%) Steel sales accelerated a fall from…
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Dry beam put into operation a new ore unit with iron content 58.5%Sukha Balka mine (Krivoy Rog, Dnepropetrovsk Region), which is part of the DCH group Alexander Yaroslavsky, put into operation a new block on the yuvilein mine with total iron ore reserves 35.6 thousand tons. The eighth sub -board deposits on the horizon of -1420 m on the Juvilein mine were…
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In the coming months, the price of silver will reach 40 per ounce, and in 6-12 months - 43 per ounce, according to CitigroupSilver currently costs just over 38 per ounce.The price of silver has increased by 31% since the beginning of the year (for comparison, the price of gold has increased by 27%).Investors have another conservative asset.Concerns about US trade policy also contributed to the rise in precious metal…
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In our photo circuit today there are vivid and sincere moments of the opening of the photo exhibition “Different generations. One character ”in Cherepovets!On the anniversary for Chermk, our employees and their families gathered in the square of the Ice Palace to get acquainted with the stories of ten dynasties. Metallurgy has become a family business for them, and the plant is part of life. The total experience of the dynasties has more than 1,500…
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Diamond imports to India sank to annual minimumsAccording to the results of June, India, the largest diamond guard, reduced the purchase of stones by 23% in carats and by 4.33% in dollars in an annual comparison. The export of already processed stones, diamonds also fell by almost a quarter in kind and by 15% in monetary. Reducing stones…
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Construction fittings are not increasing in priceBy the beginning of July, the cost of rebar products in Russia fell by 20% YoY, to 53.5 thousand rubles/ton, including VAT, returning to the levels of early 2023. This is due to unjustified expectations of demand from the construction industry — the recovery in the MCD sector * has not occurred…
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Message of the Ministry of Natural Resources on Molibden - the second strong "bell " on the issue since 2022Then the Deputy Prime Minister Abramchenko made an instruction to reject the NDP for this metal and tungsten, which apparently was not agreed with the Ministry of Finance. As a result, the tungsten received nothing, and according to Molibden, the case ended not contradicting the NK as an individual…
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Rare Earth metals (RMZ): Strategic call for RussiaThe Eurasian Union of Subsoil Use and the Platform Center Platform published a report on the state of the RMZ market in the country and scenarios of its restart. , Russia is included in the TOP-5 countries for the reserves of rare-earth metals, its share in world prey is less than 1%. In order to…
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China in June reduced the production of steel by 9.2%China in June reduced the production of steel by 9.2% compared to the same month of last year - to 83.18 million tons, the country's state statistical administration reports. This is the most significant fall since August 2024, while production was the lowest since the beginning of this year. 3.9%…
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