The price of one ounce of gold decreased by 5.9245 manats or by 0.27% last week in Azerbaijan. The average price of one ounce of gold stood at 2,209.4917 manats. The price of one ounce of silver dropped by 0.2679 manats or by 1.04%, to 25.7731 manats. The price of one ounce of platinum fell…
Lydian International Limited announced the Administrative Court of Armenia ruled in favor of Lydian and instructed the Armenian Police to remove trespassers and their property from the company’s Amulsar Project site and assure Lydian free passage to Amulsar. On September 20, 2018, Lydian filed an appeal with the Administrative Court of Armenia to have the…
In January-March, Ukrainian metal companies received 2.37 million tons of coke, down by 7% YoY. In particular, domestically produced coke accounted for 2.2 million tons, down by 5%, and imported – 170 thousand tons, down by 26%. The share of the imported coke was 7.2%. In March metal companies received 828 thousand tons of coke,…
In January-March by-product coke plants of Ukraine imported 2.93 million tons of coking coal and coal concentrate, up by 1% YoY, to 1.05 million tons. Local coking coal deliveries dropped by 13%, to 630 thousand tons, with 190 thousand tons supplied in March (on par with February). All in all, in Q1 plants received 2.56…
In January Metinvest B. V. (the Netherlands) decreased revenue by 7%, or by $68 million MoM, to $900 million. EBITDA grew by 22.3%, to $126 million. The metal division EBITDA dropped by $9 million, to $18 million, while that of mining division – by $14 million, to $99 million. Consolidated revenue of the metal division…
In 2019 ArcelorMittal Kriviy Rih intends to increase rolled metal output by a quarter YoY, to 5.3 million tons. “First of all, we need to restore pig iron output to the previous level – some 5.6 million tons per year, after that we will be able to increase rolled metal output to 5.3 million tons”,…
The Antimonopoly Committee of Ukraine has postponed the review of the issue of Metinvest buying over 50% in Dneprovsky By-Product Coke Plant. The Committee had to review the issue on April 11. In 2017 Evraz Dneprodzerzhinsk By-Product Coke Plant changed its name to Dneprovsky By-Product Coke Plant. (Ukrainian metal)
Severstal – Bar Works Balakovo is carrying out an investment project to construct a new machine – a press to briquette metal shavings. The construction began in 2018. Machinery was supplied by ATM, Austria. The cost of the project is 145 million rubles. The line will yield 40 thousand tons of shavings briquettes per year…