Mining sector withstanding Russian uncertainty and Trump moves
Mining Capital's Alastair Ford discusses International Relations with Russia ahead of Presidential elections.
“The Russian business climate itself in miserable statistical terms isn’t too badly off but I think the sentiment – will investment dollars from the rest of the world be flowing into Russia at the moment – that seems unlikely.”
Ford also speaks about the changing US approach to Free Trade with a focus on critical minerals.
“The thing about the Americans is that they’ve actually set up probably the most efficient global free trade network ever created and now they’re trying to shut it down, and they’re worried that they’re not going to get the raw materials and the commodities they need to operate an economy on their own, so it’s quite a paradoxical situation.”
My group in the Bratsk State University (INTRO)
CCCP DEPARTAMENT La Central Hidroeléctrica de Bratsk
CCCP DEPARTAMENT GRUPO DE MÚSICA INDUSTRIAL. La Central Hidroeléctrica de Bratsk fue grabada en directo en la Plaza Mayor de Cáceres en 1986. En la canción aparecen los poetas rusos Block, Lermotov, Maiakovswki, Nekrasov,Pushkin y Pasternack.
La Central Hidroeléctrica de Bratsk1967 fue la primera gran central construida en el mundo, Está sobre el río Angara en el óblast de Irkutsk en Rusia. Сentral hidroeléctrica de Bratsk es un largo poema epónimo de Yevgeni Yevtushenko escrito en 1965.
O sol de 13 h
O sol de 13 h em Irkutsk
ВРЕМЯ ИТОГОВ 140315 2 Youtube
Men work to construct Lenin dam across the Dnieper River in the Ukranian Soviet S...HD Stock Footage
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Men work to construct Lenin dam across the Dnieper River in the Ukranian Soviet Socialist Republic.
Life of people and developmental efforts in the Ukraine. Views of a village. Native men and women dance to the tunes of folk music. Huts in a village. Bank of the Dnieper River. Lenin dam being constructed along the river. Boulders being loaded with the help of Steam shovel. Railroad cars carry construction material to the construction site. Huge hills being dynamited. Men work with spades to construct the dam. A huge mess for the workers. Cooks prepare food in a kitchen. The workers eat the food. American and Russian engineers plan to exploit the natural resources. An American colony. Exteriors of the building. Children enjoy skating. Location: Ukraine. Date: 1930.
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World of WarCraft (clip made by WinSL from Bratsk City)
GASSER in Bratsk
GASSER in Bratsk
Russian streetmusician
From Irkutsk
SODEXO BRATSK
SODEXO BRATSK
MetalNews.Weekly review 19-26.11.2018
#antidumping duties #deripaskasanctions #chinesemetallurgicalcomplex
The US Department of Commerce has announced the preliminary results of an administrative review of anti-dumping duties for certain types of hot-rolled steel from Japan, South Korea, Australia and Turkey.
At the preliminary stage of the investigation, the DOC determined that exporters from the indicated countries were selling products at a lower price, as a result, anti-dumping duties should be imposed on this material.
The highest level of anti-dumping duties was set for BlueScope Steel (Australia) on the basis of unfavorable conclusions from the facts,
BlueScope has failed to provide requested information and has failed to cooperate by not acting to thebest of its ability to comply with the requests for information from Commerce in this review
The Department of Commerce preliminarily determines that ColakogluMetalurji A.S. and Colakoglu Dis Ticaret A.S. (collectively, Colakoglu) did not sell subject merchandise in the United States at prices below normal value during the period of review
It is expected that the final results of the investigation will be announced “no later than 120 days after the date of publication of the preliminary results”
As Platts agencyreported ,Tata Steel is looking to divest some electrical steel facilities as part of the current merger process between Tata Steel Europe and Thyssenkrupp, following concerns expressed by the European Commission
Tata has electrical steel units in the UK and Canada and its potential divestments in this area will prevent overlap with Thyssenkrupp, Koushik Chatterjee, Tata's executive director and chief financial officer told reporters in Mumbai Tuesday. The company has now closed the sale of German aluminum roofing and cladding business Kalzip, he said.
In August, UC Rusal of Oleg Deripaska obtained the consent of ING Bank to change the settlement currency from dollar to euro on a loan raised until April 6, 2018, when US sanctions were imposed on the aluminum producer. This follows from a report for the third quarter of Rusal Bratsk, the company's largest plant.
ING is a loan agent under a pre-export financing agreement of May 24, 2017 for up to $ 2 billion. “ING Bank agrees to make the necessary changes (...) in the trade documents concluded before April 6, 2018, in order to ensure the ability to make or receive payments on them in euros, ”the report says.
As reported by Reuters, most of the payments and credits En + managed to transfer from dollars to euros and pounds before April 2018, when US sanctions were imposed. According to a source from RBC, who participated in the preparation of Deripaska’s structures for these sanctions, it was much easier to transfer En + payments to other currencies than UC Rusal’s trading and procurement transactions worldwide.
As RBC wrote earlier, the term of UC Rusal's annual contracts for the supply of aluminum to foreign consumers ended on October 1. The conclusion of new agreements usually takes place in September-November, Fitch analysts reported
According to analysts from a Chinese specialized source, the Chinese metallurgical complex in general and the spot market for steel billets in particular, felt the “corrosive” effect of slower demand.
Moreover, it is possible to speak not of local softening, but of weak fundamental factors that will act for at least the next two weeks.
At the beginning of the current working week, the contract for re-bars 1901 on the Shanghai Futures Exchange lost almost 3%.
The contract for hot-rolled steel fell by 1.4%, for iron ore - by almost 1%, despite the outwardly energetic trend last week.
In the most important for the entire complex of ferrous metallurgy in China, the Tanshan district in Hebei province, during morning trading, the spot prices for billet managed to win back 20 yuan per ton to 3,680 yuan per ton ex-works after a failure of 140 yuan per ton last week
Dia de la Victoria en Irkutsk
Max, Elena, Michael y yo junto a los veteranos de la gran guerra patriotica en el Día de la Victoria 9 de Mayo de 2007 en Irkutsk, Siberia
How to pronounce Magnitogorsk (Russian/Russia) - PronounceNames.com
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Trans-siberian trip 2007
Eindrücke vom Trip Moskau - Guilin
United Company RUSAL | Wikipedia audio article
This is an audio version of the Wikipedia Article:
00:01:28 1 Company history
00:01:50 1.1 Predecessor companies 1991 – 2000
00:03:32 1.2 Founding of Rusal and company expansion 2000 – 2007
00:09:00 2 UC Rusal
00:10:11 2.1 Company consolidation and expansion projects
00:15:30 3 Company structure and activities
00:16:34 3.1 Operationssup[59]/sup
00:16:56 3.1.1 iSmelters/i
00:17:04 3.1.1.1 Russia
00:18:01 3.1.1.2 Sweden
00:18:19 3.1.1.3 Nigeria
00:18:34 3.1.2 iRefineries/i
00:18:42 3.1.2.1 Russia
00:18:58 3.1.2.2 Guinea
00:19:09 3.1.2.3 Australia
00:19:21 3.1.2.4 Italy
00:19:32 3.1.2.5 Ireland
00:19:44 3.1.2.6 Jamaica
00:19:54 3.1.2.7 Ukraine
00:20:04 3.1.3 iBauxite mines/i
00:20:13 3.1.3.1 Russia
00:20:25 3.1.3.2 Guinea
00:20:42 3.1.3.3 Guyana
00:20:52 3.1.3.4 Jamaica
00:21:02 3.1.4 iFoil mills/i
00:21:18 3.2 Joint ventures
00:22:01 4 2018 U.S. sanctions
00:23:42 5 Sustainability
00:25:16 6 Corporate social responsibility
00:25:27 6.1 2011 Japan earthquake
00:26:09 6.2 2012 Cholera outbreak in Sierra Leone
00:26:34 6.3 2013 Nigeria fresh water projects
00:26:59 6.4 2014 Ebola outbreak
00:27:52 7 See also
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- Socrates
SUMMARY
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United Company RUSAL (Russian: ОК РУСАЛ, translit. OK RUSAL) is the world's second largest aluminium company by primary production output (as of 2016). It was the largest until overtaken by China Hongqiao Group in 2015. UC RUSAL accounts for almost 9% of the world's primary aluminium output and 9% of the world's alumina production.
The United Company was formed by the merger of RUSAL (Russkiy alyuminiy) (Russian: Русский алюминий), SUAL, and the alumina assets of Glencore, completed in March 2007. According to its own statistics, UC Rusal accounts for 6.2% of the world's primary aluminium output and 6.5% of the world's alumina production, while operating assets in 13 countries over five continents, employing over 61,000 people across its international operations and offices.The company is incorporated in Jersey, where it has its financial centre, but its headquarters are in Moscow, Russian Federation. UC Rusal is a public limited company and its shares are traded on the Moscow Stock Exchange, Hong Kong Stock Exchange and European Stock Exchange.
By November 2018, Rusal's net income reached $1.54 billions.