In 2019 transportation of metal and mining products via roads decreased. In particular, transportation of iron ore dropped by 41%, to 1.15 million tons, and metals – by 9.7%, to 3.2 million tons (including 533.7 thousand tons abroad). According to the State Statistics Service, automobile transportation of iron, pig iron, steel and ferroalloys went down…
Mining at a depth of more than 47,000 meters was performed at all fields of Azerbaijan’s AzerGold CJSC mining company, Chairman of the Executive Board of AzerGold Zakir Ibrahimov said at a company’s press conference on the results of 2019. Ibrahimov added that this indicator was the highest in the mining industry in Azerbaijan. “Thus,…
In 2019, 19 metal and mining companies entered the top-100 taxpayers in Ukraine according to the Rating Magazine. In particular, among them Yuzhniy Mining and Processing Works paid the most – 3404.5 million UAH, up by 1.19% YoY. It is followed by Severniy GOK – 3399.3 million UAH (+20.11%), ArcelorMittal Kriviy Rih – 3311.02 million…
In 2019 the volume of capital investments in metal manufacture grew by 29.7% YoY, to 30.49 billion UAH. At the same time, the growth of capital investments in Ukrainian economy slowed down to 15.5%. In 2018 investments grew by 16.4%, and in 2017 – by 22.1%. (Ukrainian metal)
Tulachermet, a part of PMH, intends to shut down its blast furnace No. 3 for capital repairs in late March. Earlier the company intended to conduct repairs in April-May. The furnace will be shut down for a month. The blast furnace No. 3 is the largest at Tulachermet. It is capable of producing 4.5 thousand…
In March Tula-Steel expects to decrease rebars output and sales. This is explained by higher profits from the sales of pig iron and steel billets, as well as the transfer of scheduled blast furnace No. 3 repair at Tulachermet from April to March. “With the launch of Tula-Steel, PMH has become more flexible – we…
In 2019, VSMPO-Avisma increased revenue from 89069 million rubles to 90128 million rubles, or by 1.2% YoY. Sales profit dropped by 25%, to 23807 million rubles. Net profit grew by 23.8%, to 23264 million rubles. EBITDA increased by 6339 million rubles, to 34494 million rubles. The corporation paid 7900 million rubles of taxes last year.…
In December 2019, Russia imported 14.2 thousand tons of ferrosilicomanganese, down by 9% MoM and by 30% YoY. Deliveries from Georgia decreased from 7.1 thousand tons to 5.5 thousand tons and from Kazakhstan – from 7.5 thousand tons to 7.1 thousand tons. In 2019 imports totaled 179 thousand tons, down by 7% YoY, with value…
