In January-June Stoilensky Mining and Processing Works received two excavators with 12-cubic meter ladles and two drilling rigs. The new machines have been purchased due to the increase in ore output. “By 2021 Stoilensky GOK intends to have reached the ore mining of 42 million tons per year. For this we buy modern and highly…
In January-June Priisk Dambuki net profit amounted to 84.8 million rubles, up from 83 thousand rubles last year. Revenue grew 10.2-fold, to 241.1 million rubles. Sales profit increased 12-fold, to 131.9 million rubles. EBITDA was 107 million rubles, up from 339 thousand rubles. As of August 8 the company has extracted 245 kg of gold…
Severstal-Metiz is supplying a number of metal wares for the construction of the Novatek-Murmansk center for the construction of bulk sea structures. On the western shore of the Kola Bay Novatek is building the largest center in Russia to produce liquefied gas plants on ferroconcrete platforms of the gravitation type. Severstal-Metiz ships fasteners, steel shaped…
In July the price of electricity for ArcelorMittal Kriviy Rih increased by 20% MoM, which negatively affected the product cost. “The increase of electricity price will result in expenses growth. Electricity prices have grown not only for us, but also for many of our suppliers of services, raw materials and various products”, the company noted.…
In July Ukraine exported 3.5 million tons of iron ore and concentrate, up by 16.2% MoM, valued at $391.8 million, up by 75.7%. According to the State Fiscal Service, in 7 months Ukraine exported 23.3 million tons of ore valued at $2.09 billion. The share of the iron ore raw materials in the overall export…
Zagorsky Pipe Works has received a right to supply pipes according to API made of steel with the strength of X80. Prior to that the company could supply large-diameter pipes with the strength of X70. The audit of the X80 pipes began in February. This year the company planned to export over 50 thousand tons…
Kamchatskoye Zoloto, developing deposits in the Bystrinsky district of Kamchatka region, intends to commission the first stage of the Baranievsky Mine in the second quarter of 2020. The mine is expected to yield 73 thousand tons of ore per year. The second stage, during which the mine will reach the design capacity of 200 thousand…
In January-July Ukraine exported 5.07 million tons of rolled metal, up by 4.5% YoY, valued at $2.676 billion, down by 6.5%. In particular, the exports of flat rolled metal increased by 6.9%, to 3.190 million tons valued at $1.63 billion, down by 3.6%, bars and sections – by 0.3%, to 1.71 million tons valued at…