The dumping margin of Chinese seamless hot-rolled pipe suppliers is 86%. In May the Ministry of economical development started an antidumping investigation on the import of such pipes at Interpipe’s request. According to the company, in 4 years imports of Chinese seamless hot-rolled pipes have increased more than 4-fold. In 2018 deliveries totaled 32 thousand…
A major Asian company has shown interest in the Black Rock investment project to create an iron ore manufacture in Kriviy Rih. It is reported that the investor intends to inject $50 million in the Shimanovsky Mining and Processing Works in return for the construction contract. Earlier Black Rock has addressed several European loan agencies…
In January-July Ferrexpo plc increased pellets output by 2.6% YoY, to 6.165 million tons. Concentrate manufacture grew by 6.5%, to 7.712 million tons. In July the group produced 812 thousand tons of pellets and 1.113 million tons of concentrate. (Ukrainian metal)
After capital repairs a two-section locomotive has returned to Central Mining and Processing Works. All the electric equipment has been restored in the machine. The renewed locomotive will be transporting rock from Gleyevatsky quarry. (Ukrainian metal)
In January-July Interpipe Steel produced 549 thousand tons of steel, down by 5.8% YoY. In July the company produced 73 thousand tons of steel, while in June – 75 thousand tons. In 2018 Interpipe Steel produced 973.8 thousand tons of round steel billets, up by 15% YoY. (Ukrainian metal)
During the Eastern Economic Forum in Vladivostok the Pokrovsky Autoclave Hydrometallurgical Plant will be commissioned. The enterprise will be the third in the country and the largest by capacity. Priamurie region is the third largest gold extractor in Russia. But most of the gold deposits are already depleted, so it was decided to switch to…
As of August 15 Ksenievsky Priisk has extracted 925.01 kg of alluvial gold in Zabaikalye region, up by 41% YoY. The growth is explained with successful preparation of sites in 2018. This year the company intends to extract 1300 kg of gold. Thus, the target for the year has already been 71% fulfilled. The company…
Last week the price of one ounce of gold increased by 41.03 manats or by 1.6%. Accordingly, the average price of one ounce of gold stood at 2,573.0747 manats. The price of one ounce of silver grew by 0.5347 manats or by 1.8%, to 29.1772 manats. The price of one ounce of platinum decreased by…