In May Ukraine increased steel output by 2.9% YoY, to 1.695 million tons. According to Worldsteel, Ukraine dropped back to the 14th position among 67 countries-manufacturers of steel. The first place is traditionally occupied by China (81.127 million tons, up by 8.9%). Taiwan, though decreasing output by 14.4%, to 1.715 million tons, was able to…
In April, according to the customs statistics, Russia imported 152.8 thousand tons of pig iron from Ukraine. In March the deliveries totaled 136.8 thousand tons. Ukraine started supplying pig iron to Russia in November 2017 and in 6 months exported 590 thousand tons. Rostov region accounted for some 60% of purchases, followed by Moscow region…
In April, according to the customs statistics, Russia imported 50.2 thousand tons of flat galvanized rolled metal, up by 14.6% MoM, but down by 15.5% YoY. In January-April imports fell by 19.4% YoY, to 172.8 thousand tons. Kazakhstan was the main supplier (58 thousand tons, down by 16%), followed by South Korea (26.5 thousand tons,…
In April Russia imported 28.7 thousand tons of galvanized polymer-coated rolled metal, up by 7.6% MoM, but down by 34.6% YoY. In January-April imports totaled 84.1 thousand tons, down by 33.2% YoY. The main supplier was China (26.2 thousand tons, down by 53.3%), followed by Kazakhstan (19.4 thousand tons) and South Korea (14.6 thousand tons).…
The specialists of the mine department of Gaysky Mining and Processing Works are busy constructing a crushing-conveyer line at the depth of 1095 meters. The line, bearing the number of 11, upon completion will be connected to other two lines. At present the Metco crusher is being assembled. The length of the conveyer belt will…
The cost of the construction of the second stage of the Pavlik Mining and Processing Works in Magadan region is expected to amount to 15.5 billion rubles. The construction started in 2012. The development of the open pit began in late 2014. The first stage was commissioned in August 2015. In 2017 Pavlik reached the…
Pipe Metal Company has held an annual meeting of the shareholders. According to the company statement, it was decided to distribute 2017 net profit as dividends of 2.28 rubles per ordinary share for the total amount of 2.355 billion rubles. Ernst & Young was selected as the company auditor. (Ukrainian metal)
Polymetal International plc has put into operation a gold-processing factory at the Kyzyk deposits ahead of schedule and with lower expenses. On June 25 the first gold concentrate was obtained. The construction is expected to cost $325 million, down by 3% from the originally planned amount. The first deliveries to customers will start in late…