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Russia

FEATURED 

Russia restarts gold and currency purchases at $19 million per day

August 16, 2023August 10, 2023 admin 0 Comments Gold, Russia

Russia’s finance ministry announced late last week that it would start buying currencies and gold again in August after 18

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FEATURED World 

Russia’s gold reserves a target in U.S. defense spending bill

December 13, 2022December 12, 2022 admin 0 Comments Gold, Russia, USA

The U.S. continues to target Russia’s massive  gold reserves in an effort to sanction the country for its nearly year-long

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Non-Metal 

Gas and oil: Russia is heading for economic oblivion

August 25, 2022August 24, 2022 admin 0 Comments Russia

Russia is heading for economic oblivion according to YALE Chief Executive Leadership Institute (Yale CELI) Review of the Impact of

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Europe Precious Metals 

Polymetal posts gold equivalent production declines 9% in Q2

August 17, 2022August 14, 2022 admin 0 Comments Gold producer, Russia

Russia’s Polymetal, a senior global gold and silver producer, reported today that its quarterly gold equivalent production decreased by 9% year-on-year to

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Base Metals Europe 

TIN: Rusolovo back on track with strong Q2

August 3, 2022August 1, 2022 admin 0 Comments Russia, Tin

Rusolovo recovered from a poor Q1 to equal second quarter results from last year. Tin production of 712 tonnes, was

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Europe News 

Demand for Russian metals remains robust despite sanctions

June 29, 2022June 27, 2022 admin 0 Comments Russia

Russia produces typically 3% to 6% of global metals supply and significantly more of the world’s palladium and high-quality iron-ore

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Europe News 

EU to ban Russian coal from August 2022, followed by ban on oil products

June 24, 2022June 23, 2022 admin 0 Comments Coal, Russia

The war in Ukraine is transforming energy and commodity markets. Oil prices are constantly above US$100/bbl and diesel has been

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FEATURED 

Why a Russia’s Gold Standard Is Not Happening

June 15, 2022June 9, 2022 admin 0 Comments Gold, Russia

According to Gary Wagner the Editor of TheGoldForecast.com and Jeff Christian of CPM Group, Russia did not return to a

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News 

Is Putin’s war the fossil war?

April 9, 2022April 8, 2022 admin 0 Comments Gas, oil, Russia

Burning oil, gas and coal is causing warming and impacts we need to adapt to. And Russia sells these resources

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Non-Metal 

Fascist Russia demands rubble payments for its oil and gas

April 2, 2022April 1, 2022 admin 0 Comments Gas, oil, Russia

Western countries say Putin’s real aim was to swiftly topple Ukraine’s government, and that its failure is a strategic catastrophe,

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Base Metals Europe 

Ukraine war affects Russia exports of copper

March 15, 2022March 14, 2022 admin 0 Comments Copper, Russia

Sanctions imposed by Europe and the US on Russia are adopted along with the serious Ukraine crisis. In addition to

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Precious Metals 

Gold behaves unpredictably as the Ukraine conflict evolves

February 28, 2022February 27, 2022 admin 0 Comments Gold, Russia

Inflationary pressures will likely continue to spiral higher as the Russian invasion of Ukraine continues. Russia produces roughly 10% of

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News 

As Russia invades, some commodities will benefit more than others

February 24, 2022February 23, 2022 admin 0 Comments Copper, oil, palladium, Platinum, Russia

Additionally to oil, Russia is also a key supplier of several strategic commodities, all of which should benefit from heightened

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Europe Precious Metals 

Norilsk Nickel’s net profit jumps 92% in 2021 

February 16, 2022February 15, 2022 admin 0 Comments Norilsk Nickel, palladium, Russia

Russia-based Norilsk Nickel (Nornickel), the world’s largest palladium and high-grade nickel producer, has reported that its consolidated revenue increased 15%

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Europe 

Russia should increase gas availability to Europe

September 24, 2021September 24, 2021 admin 0 Comments Gas, Russia

The International Energy Agency, which is backed by developed countries including many of the world’s largest energy consumers, has suggested that Russia could “do more to

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Europe Precious Metals 

Norilsk Nickel concentrator to return to full operations in October

August 26, 2021August 25, 2021 admin 0 Comments Norilsk Nickel, PGM metals, Russia

Norilsk Nickel has reported that its consolidated revenue in H1 of 2021 increased 33% YoY to USD 8.9 billion owing

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Recycling &Environment 

Ball to increase its aluminium-recycling manufacturing capacity

July 22, 2021July 20, 2021 admin 0 Comments Aluminium, Russia, UK

As one of the world’s leading manufacturers of infinitely recyclable aluminium beverage packaging, Ball Corporation is planning to significantly increase

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Europe Ferrous Metals 

Ecolant to build Russia’s first green metallurgy plant

June 9, 2021June 8, 2021 admin 0 Comments carbon-neutral steelmaking, Russia

Ecolant announced the signing of SPIC 2.0 for the construction of Russia’s first green metallurgy plant. A special 20 year

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Europe Product News 

Danieli Corus to modernize blast furnace at Severstal

April 28, 2021April 27, 2021 admin 0 Comments Blast Furnace, Russia

Danieli Corus has signed a contract with Severstal to modernize Blast Furnace No 5 in Cherepovets in Russia on a

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Base Metals Europe FEATURED 

En+ Metals produces breakthrough aluminium with world’s lowest carbon footprint

April 19, 2021April 18, 2021 admin 0 Comments Aluminium, Russia

The Metals segment of En+ Group, the world’s largest producer of low carbon aluminium and independent hydropower, has announced that

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Europe Ferrous Metals 

Russian steelmaker tests new anti-corrosion coating

April 9, 2021April 8, 2021 admin 0 Comments Russia, steelmaking

NLMK Group has begun testing zinc-aluminium-magnesium coating TsAM for cold-rolled products in cooperation with the Institute of Physical Chemistry and

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Precious Metals World 

South Africa to lead platinum production recovery in 2021

March 18, 2021March 17, 2021 admin 0 Comments Platinum, Russia, South Africa, Zimbabwe

At the time of writing 269 million doses of COVID-19 vaccines have been administered and the IMF forecast global economic

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Base Metals Europe 

RUSAL to modernise aluminium smelters in 2021

March 5, 2021March 5, 2021 admin 0 Comments Aluminium, Rusal, Russia, Smelters

Moscow – RUSAL, a leading global aluminium producer, will invest RUB 4.5 bn this year in modernizing the Sayanogorsk and

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Ferrous Metals News World 

Global crude steel output decreases by 0.9% in 2020

January 28, 2021January 27, 2021 admin 0 Comments China, European Union, Russia, steelmaking, USA

Asia produced 1,374.9 Mt of of crude steel in 2020, an increase of 1.5% compared to 2019. China’s crude steel

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Europe Ferrous Metals Precious Metals 

Nornickel shuts down its outdated smelter

January 10, 2021January 9, 2021 admin 0 Comments Norilsk Nickel, Russia, Smelters

MOSCOW – Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, is shutting down

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Base Metals Europe 

EUR 100 million key equipment for new zinc plant

January 4, 2021January 3, 2021 admin 0 Comments Russia, Zinc

HELSINKI – Metso Outotec has signed a contract to deliver a complete package of key process equipment for a greenfield

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Europe Product News 

Processing equipment for Norilsk Nickel

January 3, 2021January 2, 2021 admin 0 Comments Ball mill, Crusher, Norilsk Nickel, Processing Equipment, Russia

Metso Outotec has signed an agreement to deliver its industry-leading comminution equipment for Nornickel’s refurbishment project at the Talnakh processing

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Europe Precious Metals 

Russia’s gold industry set for modest production growth

December 3, 2020December 3, 2020 admin 0 Comments Gold, Russia

Russia’s gold industry will see modest production growth, supported by a solid project pipeline and improving gold prices. While the

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Europe Non-Metal 

Pink diamond sells for $26.6M at Sotheby’s auction

November 14, 2020November 14, 2020 admin 0 Comments ALROSA, Auction, Diamond, Russia, Switzerland

GENEVA – The beautiful pink rock hit the block at Sotheby’s “Magnificent Jewels and Noble Jewels” sale in Geneva, Switzerland

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Base Metals Recycling &Environment 

Aluminium: eco-friendly pitch to reduce emissions by 60%

October 20, 2020October 20, 2020 admin 0 Comments Aluminium, Environment, Europe, pollution, Russia, Smelters

As part of its environmental modernization program, RUSAL, a leading global aluminium producer, plans to completely switch the reduction area

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REFRACTORIES & FURNACES

MFG enters refractory market supplying chromite and magnesia
Refractories/Insulation 

MFG enters refractory market supplying chromite and magnesia

November 13, 2023November 8, 2023 admin 0

Raw material producer and trader to the foundry and steel industry MFG, based in Meerbusch, Germany, has diversified into supplying

CO2 emissions down in SiC production by converting it to electric operation
Refractories/Insulation 

CO2 emissions down in SiC production by converting it to electric operation

November 1, 2023October 30, 2023 admin 0
Cast house furnaces and equipment for aluminum dynamics facilities
Refractories/Insulation 

Cast house furnaces and equipment for aluminum dynamics facilities

October 25, 2023October 20, 2023 admin 0
Relining of tilting hearth-type melting furnace completed at Nachrodt
Refractories/Insulation 

Relining of tilting hearth-type melting furnace completed at Nachrodt

October 23, 2023October 18, 2023 admin 0

LIVE PRECIOUS METAL PRICES



PRODUCT NEWS

Most modern SBQ rolling mill to operate in Mexico
Product News 

Most modern SBQ rolling mill to operate in Mexico

November 23, 2023November 20, 2023 admin 0

TYASA has contracted Danieli for the supply of a new 350,000 tpy green-field SBQ rolling mill, to be installed in

New modular high rate thickening solution shortens lead times
Product News 

New modular high rate thickening solution shortens lead times

November 23, 2023November 20, 2023 admin 0
Stahl Donawitz selects Danieli Digimelters for its BF technology transition
Product News 

Stahl Donawitz selects Danieli Digimelters for its BF technology transition

November 22, 2023November 17, 2023 admin 0
Comprehensive QM solution helps to streamline steel strip handling
Product News 

Comprehensive QM solution helps to streamline steel strip handling

November 21, 2023November 17, 2023 admin 0
Krakatau Steel to modernize hot strip mill no.1
Product News 

Krakatau Steel to modernize hot strip mill no.1

November 17, 2023November 13, 2023 admin 0
NMDC Nagarnar blast furnace #1 commissioned
Asia Product News 

NMDC Nagarnar blast furnace #1 commissioned

November 15, 2023November 10, 2023 admin 0
ESP line at Chinese steel producer has exceptionally fast startup
Asia Product News 

ESP line at Chinese steel producer has exceptionally fast startup

November 14, 2023November 10, 2023 admin 0

SERVICES

Paul Wurth completes reline of ArcelorMittal blast furnaces
Services 

Paul Wurth completes reline of ArcelorMittal blast furnaces

January 12, 2022January 12, 2022 admin 0

Paul Wurth, part of SMS group, has completed its work relining the blast furnaces of ArcelorMittal’s Juiz de Fora steel

Maersk intends to form joint venture with Grindrod in South Africa
Services 

Maersk intends to form joint venture with Grindrod in South Africa

December 4, 2021December 3, 2021 admin 0
HBIS Wusteel signs maintenance contracts with Primetals
Services 

HBIS Wusteel signs maintenance contracts with Primetals

June 1, 2021May 31, 2021 admin 0
Shutdown services tailored to suit customers
Services World 

Shutdown services tailored to suit customers

March 3, 2021March 2, 2021 admin 0

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