Zaporizhstal was the first in Ukraine to get an eco-loan valued at $1 million for the construction of the gas-purifying system within the cooperation with the Ministry of ecology and natural resources and the state-run Ukrgazbank. According to the company statement, the money will be used to disassemble the outdated machinery and assemble a new…
In 2016 Seligdar enterprises produced 4332 tons (139.277 ounces) of gold, up by 24.5% YoY. According to the company statement, tin output increased by 6.9% YoY, to 578.618 tons. “Last year we have shown the highest growth of output in our history. For the first time we have exceeded the 4-ton mark”, board of directors…
Guryevsk Iron and Steel Works has increased the quality of its products sorting. The management of the works pays special attention to the demands of the customers. If the clients want to get a good product, the employees will provide quality metal products. The employees examine each channel, angle, beam and other sections to check…
The Ministry of energy and coal industry has increased the sale price of power-generating coal mined by state-run companies by 24.1%, or by 330 UAH, to 1700 UAH per ton. The price increase was announced on December 22, 2016. Last time the ministry increased coal price was on August 1, 2016 – from 1200 to…
The public joint stock company Ukrgazvydobuvannya has ordered Interpipe to supply 189.36 million UAH worth of casing seamless steel pipes. By the end of January Interpipe will have supplied 3900 tons of pipes produced at its NTZ works and 100 tons of triangular thread pipes according to D TU 14-3-1557-88 produced by Chelyabinsk Piperolling Works.…
In 2016 Ukrainian metal companies consumed 1.74 billion cubic meters of gas, down by 14% YoY. In December 2016 gas consumption increased by 35 million cubic meters MoM, to 190 million cubic meters. Average daily gas consumption in December 2016 went up by 0.9 million cubic meters MoM, to 6.1 million cubic meters. In 2016…
Russian silver and gold producer Polymetal International will buy 5% in the Prognoz silver field for $3 million through an acquisition of 10% in Polar Silver Resources, which indirectly controls 50% in the field, Polymetal said in a statement. Polymetal also has an option for raising the stake in the field, located in the republic…
Aktau city is planning to build a steelworks in the territory of Aktau Seaport. The project is to be launched from Q1. The plant will produce molded steel and cast iron items for various sectors of national economy. Progressive method – lost foam casting – will be applied at the plant. Its territory will cover…