Kyrgyz Ministry of Economy offers to introduce export duties on gold ore and concentrate. The interdepartmental commission hasn’t voiced the size of rates yet, the ministry reported. A number of experts and heads of state structures offer to prohibit mining companies exporting ore and concentrate, allowing its processing only in the country. Enterprises export abroad…
In January-November 2016 Russia decreased raw titanium output by 2.4% YoY, while that of titanium alloys grew by 15.5% YoY. According to the Federal Service of State Statistics, in November 2016 raw titanium output decreased by 1.6% YoY and by 3.1% MoM, while titanium alloys output went up by 38.6% YoY and by 17.7% MoM.…
In 2016 Russian railroads transported 1.222 billion tons of cargo, up by 0.6% YoY. In particular coal transportation grew by 1.7% YoY, to 328.6 million tons, iron and manganese ore – by 0.5%, to 109.5 million tons. At the same time transshipment of ferrous metals dropped by 0.5% YoY, to 71.01 million tons. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR64.9* min max October 493 493 November 493 493 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
In 2016 Ukraine exported 272.569 thousand tons of scrap, down by 77.5% YoY. According to the customs statistics, published by the State Fiscal Service of Ukraine, exports also fell by 83.3% YoY, to $48.623 million. In particular, in July-September 2016 Ukraine did not export any scrap, with 6.855 thousand tons exported in October 2016, 11.862…
Kazakhstan plans to reduce uranium production by 10% in 2017, Kazakhstan’s National Atomic Company Kazatomprom said in a message. This decision was made considering current oversupply on the uranium market. The target uranium production for 2017 will be reduced by 2,000 tons, which is 3% of the total global uranium production, according to 2015 UxC…
In 2016 Ukrainian metal manufacturers increased prices by 35.7% YoY. In 2015 prices grew by 25.4% YoY, in 2014 – by 31.7%. According to the State Statistics Service, coal and metallic ore prices saw the largest increase – by 18.6% and by 18.9% YoY. In December 2016 iron ore prices grew by 20.4% and of…
In February Mariupol Ilyich Iron and Steel Works intends to receive the first metal structures for construction of the new continuous-cast machine No. 4. “We have already produced and supplied over 1.5 thousand tons of rolled sheet to local manufacturers to produce the structures”, the company CEO Yuri Zinchenko said. “We have disassembled all the…