Krasniy Octyabr Iron and Steel Works is taking part in Metal-Expo 2019. The company is actively developing contacts with potential customers. In particular, the company has met with Boya Precision Industrial Equipments co., LTD (China), which produces leveling machines for rolled sheet. Among other potential partners are PromMashTest, which inspects industrial safety, and Janitza Electronics…
In October Ukraine exported 2.86 million tons of iron ore raw materials, down by 4% MoM. In 10 months exports grew by 8%, to 33.25 million tons. In October metal companies received 2.4 million tons of raw materials, up by 14%. In 10 months deliveries dropped by 3%, to 23.9 million tons. Iron ore concentrate…
In December metal companies intend to produce 1.7 million tons of pig iron and steel each, as well as 1.6 million tons of rolled metal. In October Ukraine decreased steel output by 10.5% MoM, to 1.56 million tons. Pig iron manufacture dropped by 9.1%, to 1.59 million tons, and rolled metal – by 2.3%, to…
In October Ukraine procured 254 thousand tons of scrap, up by 7% MoM. All the scrap procured was supplied to domestic metal companies. In January-October scrap procurement decreased by 13%, to 2.635 million tons. Deliveries to Ukrainian companies dropped by 5%, to 2.594 million tons, and exports – by 87%, to 41 thousand tons. (Ukrainian…
In October Ukrainian metal companies decreased natural gas consumption by 7% MoM, to 130 million cubic meters. In 10 months consumption grew by 1%, to 1.53 billion cubic meters. Electricity consumption in October decreased by 4%, to 850 million kW-h, and in 10 months – by 3%, to 9.47 billion kW-h. (Ukrainian metal)
President Volodymyr Zelensky has stated that the government has transferred the needed amount of funds to pay off wage arrears to coal miners. In a post on his Facebook page, he wrote: “Wage arrears to coal miners have been paid off! I thank the Finance Ministry of Ukraine for understanding and resolving the problem”. President…
At least 308 deposits may be affected due to the law banning development of uranium and thorium in Kyrgyzstan, an independent expert, and member of a government group Alik Zhanuzakov believes. He noted that the expert community provided its vision as soon as discussion of the bill began. “Then we said: if you pass such…
Head of Centerra Gold is expected to visit Kyrgyzstan at the end of November. The government will discuss with him payment of dividends, the Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev has announced at a meeting of the Parliament. According to him, the strategic agreement on Kumtor has entered into force. It was signed back in…