In February Ukraine exported $31.203 million worth of pig iron, with imports on the level of $0.223 million. According to the State Fiscal Service, the main importer of Ukrainian pig iron in February was Italy ($10.166 million). In January-February Ukraine exported $99.642 million worth of pig iron, while imports totaled $0.286 million. Pig iron exports…
Following the cave-in of the Stepnaya mine in the Lviv region the government commission will check 300 mining companies. “We are checking all the documents at 300 enterprises of the mining complex which are deemed dangerous”, the Vice Prime Minister Gennadiy Zubko said. The commission started operating on March 6. According to Zubko the Stepnaya…
In 2017 Pobuzhye Ferronickel Plant intends to increase ore processing by 14% YoY, to 1.618 million tons, ferronickel output by 3.5%, to 82.7 thousand tons, and nickel manufacture by 3.3%, to 18.7 thousand tons. According to the company CEO Oleg Bespalov, in H1 the ferronickel output is expected to reach 40 thousand tons, nickel –…
Chepets Mechanical Works has concluded a 5-year contract for the delivery of a large batch of rolled titanium to Hermith GmbH. According to the agreement, the works will supply over 1 thousand tons of various titanium products to the European market valued at $34.5 million. “We plan to supply the ChMZ metal to all the…
In January-June Pobuzhye Ferronickel Plant intends to carry out repairs of its main machinery valued at 46.9 million UAH. According to the company CEO Oleg Bespalov, in 2016 the plant carried out repairs valued at 50.33 million UAH. This year the company will also spend 31.3 million UAH on environment protection. The works intends to…
In 2016 Avdiivka Coke and Chemical Works received 808.74 million UAH of net profits, up 2.6-fold YoY. According to the company statement, the cost of its assets at the end of 2016 totaled 19.07 billion UAH. The company accounts receivable reached 11.61 billion UAH, current liabilities – 10.53 billion UAH and fixed liabilities – 817.24…
U.K. Highland Gold Mining (HGM), which operates in Russia, has estimated capital expenditures on the Unkurtash deposit in Kyrgyzstan to amount to $322 million, the company said in a statement on March 20. The field’s annual gold output is expected at 133,000 ounces, or 4.14 tons, on average with operating expenses of $616 per ounce…
In 2016 the largest pig iron producer Tulachermet received 1.8 billion rubles of net profits, up from 253 million rubles in 2015. At the same time net profits in 2014 totaled 1.9 billion rubles. The company revenues last year increased by 15% YoY, to 34.57 billion rubles. Sales revenue dropped to 1.39 billion rubles from…