Pobuzhye Ferronickel Plant intends to resume purchases of nickel ore in Ukraine. According to the company director Oleg Bespalov, the ore will be bought from Zapadno-Loschevskoye deposits in Nikolayev region. The first batch will arrive on July 15. The company will buy 25% of its need locally, the rest, as previously, will be purchased from…
In January-May Poltava Mining and Processing Works exported 3.663 million tons of iron ore pellets. At the same time Karelsky Okatysh exported 2.165 million tons, Mikhailovsky GOK – 1.502 million tons, Lebedinsky GOK (all three Russia) – 1.153 million tons, and Central GOK – 784.1 thousand tons. In 5 months PGOK produced 4.234 million tons…
In January-June Pobuzhye Ferronickel Works produced 7.7 thousand tons of nickel, down by 13.4% YoY. According to the company statement, ferronickel output dropped by 9%, to 36.121 thousand tons, while the total volume of the ore processed decreased by 9.1%, to 640.312 thousand tons. The decrease was the result of scheduled repairs of the main…
Gold production on Russia’s Chukotka peninsula decreased by 14.34% YoY, to 11.795 tons, in January-June, a spokesperson for the regional industry policy, construction, and housing and utilities department reported on July 11. Silver production in the area fell by 21.71%, to 64.709 tons. Chukotka Mining and Geological Company, a unit of Kinross Gold, produced 4.775…
In June the public joint stock company “Kiev research works Ugol” changed hands. Revenco Limited (Cyprus) and an individual sold 42% and 37% of the works shares to a number of legal entities, among which is Andilero Holdings Ltd (Cyprus) and Vtorpolymery LLC (Kiev). Ugol, despite its name (which means coal) has been away from…
In May, according to the customs statistics, Russia exported 391.5 thousand tons of ferrous metals scrap, down by 13.2% MoM and by 29% YoY. In April the figures stood at +29% and –33% respectively. In January-May Russia exported 1.64 million tons of scrap, down by 28% YoY. And this is also the lowest result for…
By August Ukrzaliznytsia intends to have shipped all its scrap sold at three auctions in early June. “The loading is underway. We expect to receive all the volumes this month”, Interpipe finances and economy director Denis Morozov said. According to him ArcelorMittal Kriviy Rih, Metinvest-Resource and Interpipe NTZ have already received some 30-50% of the…
In May, according to the customs statistics, Russia exported 391.7 thousand tons of pig iron, up 3-fold MoM, but down by 12% YoY. In January-May pig iron exports totaled 1.71 million tons, down by 15% YoY. USA imported 62% of all pig iron, with Spain exporting 10% and Turkey 9%. (Ukrainian metal)