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Yearly Archives: 2017

Russia: VEB not knowing what to do with ISD

Industrial Union of DonbassBy admin27.12.2017Leave a comment

The chairman of the Vnesheconombank Sergey Gorkov said that the strategy on the Industrial Union of Donbass corporation was developed last year. “Some time is needed to carry it out. The Fund of investment assets appeared as a part of this strategy implementation. Has this strategy not been implemented, that would have been a really…

Russia: pig iron exports down in October 2017

pig iron exportBy admin27.12.2017Leave a comment

In October Russia exported 214.4 thousand tons of pig iron, down by 55% YoY. According to the Federal Customs Service, in January-October exports decreased by 15% YoY, to 3.59 million tons, while revenue grew by 29.4%, to $1.22 billion. USA remain the leader among importers, having purchased 65.7% of all pig iron, up by 15.4%.…

Kyrgyzstan: issue of licenses for deposits proposed to be changed

miningBy admin27.12.2017Leave a comment

It is proposed to change the procedure for issuing licenses to develop deposits in Kyrgyzstan, a member of the Board of the Association of Miners and Geologists of the Kyrgyz Republic, Honored Worker of Industry of the Kyrgyz Republic, Kartabek Mukambetov, said at a press conference on December 27. According to him, to restore order…

Russia: corrosion-resistant steel scrap exports up in October 2017

scrapBy admin27.12.2017Leave a comment

In October, according to the Customs Statistics, Russia exported 12.3 thousand tons of corrosion-resistant steel scrap and waste valued at around $12.5 million, up by 10.4% MoM and by 18.3% YoY. Moreover, this is the second highest result for the past several years (the largest was recorded in June 2011 – 16 thousand tons). Revenue…

Russia: Khiagda sells 693 tons of uranium

uraniumBy admin27.12.2017Leave a comment

In 2017 Khiagda is expected to sell 693 tons of uranium, while in 2008 it sold just 60 tons. For the next year the company has the same goals: further decrease of the prime cost of the products and the manufacturing processes. At the same time it also has new challenges: improve efficiency, increase output…

Russia: AEM-Tekhnologii to supply machinery for Severstal sheet-rolling shop

SeverstalBy admin27.12.2017Leave a comment

AEM-Tekhnologii has produced for Severstal a cylinder to modernize the accumulator station of the water decaling unit at the 2000 rolling mill. In 2015 the company supplied 2 similar cylinders to Cherepovets. The volume of the cylinder is 9.25 cubic meters. It has successfully passed the tests. (Ukrainian metal)

Ukraine to procure 3.7 million tons of scrap in 2017

scrapBy admin27.12.2017Leave a comment

In 2017 ferrous scrap procuring companies will amass 3.7 million tons of scrap, and 80% (2.96 million tons) will be in the shade. As the result the budget will get only 53.3 million UAH. “One of the main issues is the deshading of the scrap market”, Ukrmetallurgprom president Alexander Kalenkov believes. According to him, in…

Ukraine: gold and silver exports prohibited

gold, silverBy admin27.12.2017Leave a comment

Ukraine has retained the zero quota on gold, silver, precious metals wastes and scrap exports for 2018. The corresponding norm is contained in the Cabinet of Ministers decree dated December 20 and published in the state newspaper Uryadovy Courier on December 23. (Ukrainian metal)

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