In September ArcelorMittal Kriviy Rih and Zaporizhstal received the most VAT reimbursement among metal and mining companies. In particular, according to the State Treasury Service, AMKR received 1154.609 million UAH and Zaporizhstal – 864.267 million UAH. The third largest receiver was Mariupol Ilyich Iron and Steel Works (476.712 million UAH). (Ukrainian metal)
Polymetal intends to enter the development of the Tomtorskoye rare-earth metals deposit in Yakutia. According to the chairman Vitaliy Nesis, the board will discuss the issue in December. Before making its choice, Polymetal has looked at several other projects, including Chuktukon in Krasnoyarsk region and Belozimenskoye deposit in Irkutsk region, but had to stop at…
In January-August Uzbekistan Iron and Steel Works exported 275.6 thousand tons of metal products, up by 12.2% YoY. Ferrous metals accounted for the lion’s share of exports. Enamelware accounted for the rest. “At present the company exports to 8 countries. Afghanistan and Kazakhstan purchase rolled metal, Kyrgyzstan and Russia – copper and alloys products, Tajikistan…
The site of free advertisements Avito.ru now has an unusual lot. A plant to produce metal structures in Ulan-Ude, the capital city of Buryatia, is up for sale. The capacity of the bankrupt works is 40 thousand tons of metal structures per year. The cost of the enterprise is 528.6 million rubles. At first the…
The Federal Agency on Technical Regulation and Metrology (Rosstandard) has approved three new standards on metal products made of aluminum and alloys. In particular, from February 1, 2020 instead GOST 20967-75 a new GOST 20967-2019 “Aluminum alloys rolled wire. Technical Specifications” will be introduced. From December 1, a new GOST 13843-2019 “Aluminum rolled wire. Technical…
Russian Platinum and Norilsk Nickel have submitted documents on creating a joint venture to the Federal Antimonopoly Service. The JV will be organized to create on Taimyr one of the largest platinum manufacturers in the world. Combined investments will total some $5 billion. The deal could be concluded in mid-2020. The JV will comprise Maslovskoye,…
In September Ukraine exported 3.2 million tons of iron ore and concentrate, down by 1.8% MoM, valued at $400 million, down by 2.4%. According to the State Tax Service, in January-September exports totaled 30.4 million tons valued at $2.8 billion. Exports in August grew by 4% MoM, to $409.9 million, or 3.9 million tons, up…
In September Electrostal produced 1 thousand tons of billets and once again shut down its manufacture because of the unfavorable market situation. In January-September output decreased 3.3-fold YoY, to 73 thousand tons. From January till mid-March the company was idle, but after it resumed operation it worked only at one third of its capacity, In…