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Ukraine: iron and manganese ore railroad transportation up in January-May 2019

In January-May Ukrzaliznytsia transported 29.8 million tons of iron and manganese ores, up by 5.7% YoY. According to the State Statistics Service, metal cargo transportation grew by 2.2%, to 43.1 million tons. Scrap transportation fell by 13.9%, to 1.1 million tons. Ukrzaliznytsia has also decreased ferrous metals transportation by 2.5%, to 8.5 million tons, and…

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Russia: Izhstal repairs bar finishing line

Izhstal has carried out capital repairs of a Kieserling bar finishing line.

The line produces trimmed rods with the diameter of 14-75 mm.

Izhstal has two similar lines. Their combined output in 2018 was some 1.5 thousand tons, up by 6% YoY. (Ukrainian metal)

Russia: Kosaya Gora Works not to pay dividends for 2018

Kosaya Gora Iron and Steel Works has held a meeting of shareholders.

One of the issues of the June 24 meeting was the dividend payment for 2018.

The shareholders decided not to pay dividends, and to spend the profit on the development of the company. (Ukrainian metal)

Russia: Rusal passes ASI certification

Three Rusal companies have passed a certification according to the standards of the Aluminium Stewardship Initiative (ASI). The certification will help improve the manufacturing-sales network. Bauxite of Timan, Ural Aluminum Works and Irkut Aluminum Works have successfully passed certification according to ASI Performance Standard and ASI Chain of Custody Standard. Rusal intends to certify all…

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Azerbaijan: gold, silver and copper production up in January-May 2019

Some 1,395 kilograms of gold were extracted in Azerbaijan in January-May, up by 9.8% YoY, the Azerbaijani State Statistics Committee reported. Silver production in Azerbaijan increased by 18.1%. According to the statistics, the total volume of the extracted silver and concentrates reached 1,364 kilograms. Some 805 tons of copper ore and concentrates (+44.9%) were extracted…

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Kyrgyzstan: reclamation of uranium tailings in Mailuu-Suu to start in autumn

Reclamation of uranium tailings in Mailuu-Suu will begin in September-October, representative of the European Commission Pascal Daures reported. According to him, all the preparatory work within EU Programme “Environmental Remediation in Central Asia” has been completed. The European Bank for Reconstruction and Development will begin holding tenders and signing work contracts in September. As Pascal…

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Russia: copper ore imports down in April 2019

In April Russia imported 15.7 thousand tons of copper ore and concentrate, down by 68.7% MoM and by 64% YoY.

The price in April dropped by 9.6%, to $1222 per ton.

In 4 months copper ore imports decreased by 22.6% YoY, to 153.4 thousand tons. But in monetary terms they grew by 11%. (Ukrainian metal)

Russia: zinc ore exports up in April 2019

In April Russia exported 22.8 thousand tons of zinc ore and concentrate up by 136.6% MoM and by 54.7% YoY.

In 4 months exports grew by 9.9% YoY, to 87.8 thousand tons.

Since the start of the year exports fell by 10.7% in monetary terms. (Ukrainian metal)

Russia: ferrous metals throughput at NMTP up in January-April 2019

In January-April the consolidated throughput of Nakhodka Sea Trade Port terminals totaled 46.636 million tons, up by 0.3% YoY.

Ferrous metals and pig iron accounted for 4.571 million tons, up by 3.4%.

Non-ferrous metals throughput dropped by 21.2%, to 0.292 million tons.

Iron ore indexes grew by 33.5%, to 0.969 million tons. (Ukrainian metal)

Russia: MMK among Top 5 metals companies with highest investment returns globally

Magnitogorsk Iron and Steel Works (MMK) took fifth place in the global 2019 Value Creators rankings among metals companies with the highest return on investment, compiled by international consulting company Boston Consulting Group. The rankings’ methodology is based on total shareholder return (TSR) generated in the past five years. Five-year TSR for MMK shareholders from…

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Ukraine: 13th place in world steel output in January-May 2019

According to Worldsteel, in January-May global steel output grew by 5.03% YoY, to 764.07 million tons.

China is a traditional leader with 404.88 million tons, up by 10.19%. China’s share in the world output is 53%.

Ukraine is still on the 13th place with 9.27 million tons produced, up by 6.9%. (Ukrainian metal)

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Ukraine: Donetsk miners go on a strike

The employees of the Yuzhnodonbasskaya No. 1 mine and partially of the Mine named after Surgay have started striking because of non-payment of salary.

The wage debt reaches 35 million UAH.

The miners have blocked a highway.

The Yuzhnodonbasskaya No. 1 miners have also suspended coal mining. (Ukrainian metal)