In January-August, Ferrexpo increased iron ore pellets output by 4% YoY, to 7.36 million tons. Concentrate output grew by 4.5%, to 9.23 million tons. In August, Ferrexpo produced 980 thousand tons of pellets and 1.19 million tons of concentrate, up from 780 thousand tons and 1.04 million tons in July respectively. (Ukrainian metal)
In January-June, Interpipe EBITDA dropped to -$5 million, while revenue decreased by 26% YoY, to $236 million. Interpipe had to adapt its production to new reality affected by the pandemic and low oil prices. The return of the 34.22% antidumping duty on Ukrainian railroad wheel in the EAEU also affected sales. In Ukraine, railroad products…
Ukrzaliznytsia (Ukrainian Railways) was unable to buy 21.5 thousand tons of R65 railroad rails for 571.8 million UAH in the Prozorro system due to the insufficient number of participants. Only Skinest Rail UA LLC participated in trade. This year, Ukrzaliznytsia intends to repair 507.1 km of railroad. For this it will need 70.2 thousand tons…
According to Telegram-channels from the occupied territory, Alchevsk Iron and Steel Works intends to increase salary. “AMK received a decree to increase salary. Percent and amount are not stated”, the messages state. At the same time, such initiatives look ridiculous taking into account gigantic salary debts. The last fully paid month was June. (Ukrainian metal)
Azerbaijan exported precious metals worth $97.5 million in January-July, with Switzerland accounting for the whole volume of export. 4,179 tons of gold and silver were exported to the world markets during the reporting period. The share of gold in the total amount of precious metals export amounted to 2,320 tons worth $96.4 million, while silver…
In January-August, Ukraine produced 6.46 million tons of metallurgical coke, down by 6% YoY. In August, output totaled 820 thousand tons. In 8 months, Avdiivka Coke and Chemical Works decreased manufacture by 14.6%, to 2 million tons (239 thousand tons in August), Dneprokoks – by 9.6%, to 330 thousand tons (50 thousand tons), Kharkiv By-Product…
In January-August, Dneprospetsstal retained rolled metal output at the previous year level – 100 thousand tons. Steel manufacture was also flat – 145 thousand tons. In August, DSS produced 13 thousand tons of rolled metal and 21 thousand tons of steel. (Ukrainian metal)
Production of gold and silver has risen by 16% and by 1%, respectively in Kazakhstan. The country has also reported increases in production of aluminum, copper and lead, thus the production of the base precious and non-ferrous metals amounted for 2.4 trillion tenge in 8 months of 2020. More than half of the total production…
