Ukraine: scrap procurement down in January-July 2020
In January-July, Ukraine procured 1.642 million tons of scrap, down by 18.4% YoY. Exports decreased by 53.3%, to 17.2 thousand tons. Imports fell by 73%, to 10.6 thousand tons. (Ukrainian metal)
In January-July, Ukraine procured 1.642 million tons of scrap, down by 18.4% YoY. Exports decreased by 53.3%, to 17.2 thousand tons. Imports fell by 73%, to 10.6 thousand tons. (Ukrainian metal)
In July, Zaporizhstal produced 343.4 thousand tons of pig iron, up by 3.4% YoY. Steel output dropped by 5.5%, to 304.6 thousand tons, and rolled metal – by 1.8%, to 255.4 thousand tons. In H1, the company produced 2504.7 thousand tons of pig iron, 2119.7 thousand tons of steel and 1804.2 thousand tons of rolled…
Chaarat Gold Holdings Ltd produced 26,960 ounces (more than 764 kg) of gold equivalent at its Kapan mine in during the first half of 2020, and expects to produce 55,000 ounces (more than 1559 kg) of gold for the year. The company said it also took several steps to help alleviate the impact of coronavirus…
Energomashspetsstal has produced solid upper and lower parts of the turbine frame for the Slavyansk Heat and Power Plant. The weight of each half is over 50 tons. The size of the parts is 7300x4600x2100 mm. Previously the company produced such parts from smaller components and welded them. (Ukrainian metal)
On August 1, the employees of Alchevsk Iron and Steel Works received 18% of their May wages. Such payments are made weekly. At the sane time, situation at mining companies is even worse. Employees of the ex-state enterprise Centerugol ask the General Prosecutor’s Office and courts, but the salaries are still not paid. The mining…
In January-May, Russia increased gold output by 2.83% YoY, to 104.31 tons. In particular, extracted gold amounted to 86.38 tons, up by 6.66%, by-product gold – 6.79 tons, down by 7.62%, and secondary gold – 11.15 tons, up by 14.96%. Silver manufacture decreased by 7.39%, to 355.3 tons, including extracted silver – 175.39 tons, down…
In January-July, Ukraine produced 11.87 million tons of steel, down by 6.7% YoY. Pig iron manufacture decreased by 1.1%, to 11.76 million tons, and rolled metal – by 3.2%, to 10.63 million tons. In 2019, Ukraine produced 20.82 million tons of steel, 20.05 million tons of pig iron and 18.16 million tons of rolled metal.…
Due to the drop of output, Nikopol Ferroalloy Plant will provide a part of its employees with unpaid time-off. Average monthly output decreased to 35 thousand tons. Thus, due to low loading of capacities, NZF is forced to send some of its employees home, who are not engaged in manufacture and sales. In H1, NZF…