Ukraine: coal imports down in January 2020
In January Ukraine consumed 3.42 million tons of coal, up by 6.3% MoM, but down by 24.2% YoY. According to the State Tax Service, coal imports dropped by 8.4% YoY, to 1.63 million tons. (Ukrainian metal)
Ukraine: Metinvest Mariupol plants increase tax payments in 2019
In 2019 Mariupol enterprises of Metinvest increased tax payments by 35.7% YoY, or by 315.6 million UAH, to 1.2 billion UAH. The amount of personal tax grew 1.4-fold, to 1.02 billion UAH. 90% of taxes paid by Metinvest to the budget of Mariupol accounted for taxes of metal companies and repairmen. 10% is the share…
Ukraine: one position in Worldsteel rating gained in January 2020
In January global steel manufacture increased by 2.12% YoY, to 154.44 million tons. China is still the leader with 84.27 million tons, up by 7.22% YoY. Ukraine went up from the 13th place to the 12th with 1.84 million tons, down by 0.4%. (Ukrainian metal)
Ukraine: Avdiivka Coke suffering from sulfuric acid shortage
Avdiivka Coke and Chemical Works sulfuric acid stocks have fallen to the record-low level. In February the company received 387 tons of acid, while the need was 1020 tons. The shortage of acid threatens the operation of the company. Torgservice is the main supplier of sulfuric acid to Avdiivka Coke. It is the official representative…
Russia: Kirovsky Coal Pit output down in 2019
In 2019 Kirovsky Coal Pit, developing the Kirovskoye deposit in the Republic of Sakha (Yakutia), extracted 24.2 thousand tons of coal, down by 8% YoY. This year some 18-20 thousand tons will be mined. As of January 31, the company has already extracted 4.6 thousand tons of coal. Last year Kirovsky Coal Pit sold 27.7…
Russia: HGM to invest $210 million in projects in 2020
Highland Gold Mining Limited has set the volume of capital investments in 2020 at the level of $205-210 million. Last year investments amounted to $94 million. Kekura deposit in Chukotka will account for almost a half of funds. The rest will be invested in Valunistiy mine in Chukotka, as well as Belaya Gora and Zabaikalye…
Russia: stainless steel output up in January 2020
In January Russia produced 4.8 million tons of unalloyed steel and semi-finished products, down by 5.5% YoY and by 2.6% MoM. Stainless steel manufacture grew by 9.1% and by 26.2% respectively, to 16.6 thousand tons. Alloyed steel production totaled 1.5 million tons, up by 24% YoY and by 6.1% MoM. Rolled metal output in January…
Russia: ferrotitanium exports down in December 2019
In December 2019 Russia exported 1.5 thousand tons of ferrotitanium, down by 24% MoM and by 3% YoY. Deliveries to the Netherlands decreased 1.5-fold, to 985 tons, and to Germany – 2-fold, to 85.7 tons. At the same time China imported 177.5 tons, up by 67% MoM. In 2019 exports totaled 20 thousand tons, up…
