Ukrainian companies have almost exhausted their individual quota to supply rebars to the European Union till July 30. So far 154.87 thousand tons have been exported of the allowed amount of 157.78 thousand tons. Thus, the quota has been 98.15% fulfilled. Having exhausted their individual quota, Ukrainian companies could export rebars to EU via global…
In January Interpipe Steel decreased steel output by 8% YoY, to 65.2 thousand tons. At the same time compared with December 2019 manufacture grew by 14%. In 2019 Interpipe steel produced 854.5 thousand tons of steel, down by 4.2% YoY. (Ukrainian metal)
In January Kazakhstan produced 343,322 tons of steel, up by 54.5% YoY. According to the statistics committee of the Ministry of National Economy, flat rolled metal output grew by 147.6%, to 173,117 tons. Kazakhstan also produced 189,621 tons of ferroalloys, up by 5%. (Ukrainian metal)
Employees of two shops have started a strike at the Alchevsk Iron and Steel Works, situated in Lugansk region, a part of which is occupied by Russia-backed separatists. The strike began due to wage arrears. In particular, the blast furnace and the railroad shops went on a strike. Wives of the employees intend to strike…
Chelyabinsk Iron and Steel Works has produced almost 500 tons of rebars for the construction of a Leroy Merlin mall in Novosibirsk. The size of the mall will be 10-15 thousand square meters. This will be the fourth site of the company in Novosibirsk. (Ukrainian metal)
In 2019 Izhstal increased exports to CIS by 8% YoY, to 31 thousand tons. The company exports rolled metal to Kazakhstan, Belarus, Azerbaijan, Armenia, Moldova and Uzbekistan. Metal is shipped via various Mechel subsidiaries. Belarus accounts for 45% of exports. (Ukrainian metal)
In January Chukotka extracted 1763 kg of gold, up by 6% YoY. Silver output dropped by 12%, to 7.6 tons. Kinross Gold accounted for almost all the output – 1169 kg of gold and 7.4 tons of silver. Mayskoye produced 369 kg of gold, Rudnik Valunistiy – 33.2 kg of gold and 237 kg of…
In H2 Polymetal Int plans to start developing the Primorskoye gold ore deposit in Magadan region. Excavation will start in Q4. The ore mined will be transported to be processed at the Lunnoye deposit factory, and a part will be exported. Primorskoye deposits amount to 3 tons of gold and 700 tons of silver. Annual…