Russia’s gold refining rose by 1.65% YoY, to 231.65 tons in January-September, the Finance Ministry said, citing gold supplies to refining plants data. Mined gold output rose by 3.44%, to 194.86 tons, while by-product gold output decreased by 12.83%, to 11.69 tons, and gold scrap production fell by 3.79%, to 25.10 tons. Russia’s silver output…
ArcelorMittal Kriviy Rih has purchased 4 new BelAZ trucks with the lifting capacity of 136 tons, two sprinkler machines and a bulldozer all valued at 162.5 million UAH. The dump trucks will be used at the construction of the Stepnoy-2 dumpsite. The large-scale replenishing of the fleet is due to the increase of ore mining…
In January-September Russia increased pig iron exports by 27% YoY, to 4.3 million tons valued at $1.6 billion, up by 40%. According to the customs statistics, exports to US accounted for 53.1%, up by 3.2%. Hong Kong imported 572 thousand tons of pig iron, Italy – 492.2 thousand tons of pig iron, up 2.5-fold, and…
The state enterprise Ukrpromvneshexpertisa forecasts that in mid-December the average price of ferrous scrap on the domestic market will grow by 4.11% MoM, to 7756 UAH per ton. In November prices increased by 7.97% MoM, to 7450 UAH per ton. Last month metal companies continued increasing purchase prices in order to revitalize deliveries. The main…
