In January-September, Interpipe EBITDA amounted to $216.394 million, up by 8% YoY. Revenue dropped by 23%, to $660 million, and capital investments – by 34%, to $27 million. Net debt amounted to $12 million. In Q3, revenue decreased by 12% QoQ, to $192 million, while EBITDA grew by 7%, to $67 million, and capital investments…
In 2020, Russia registered 110 new deposits with combined gold reserves of 145.39 tons. Moreover, one large platinum deposit with reserves of 10 tons was discovered – Konder in Khabarovsk region. Alluvial gold accounts for the most part of new deposits – 95 with the reserves of 28.629 tons. 13 ore gold deposits contain 113.935…
Mariupol Ilyich Iron and Steel Works has just finished one of the largest environment projects in the history of the independent Ukraine – the reconstruction of the sintering factory with investments at the level of over $160 million. The reconstruction lasted for more than 7 years. The Mariupol Ilyich sinter factory is one of the…
The new DSP-70 complex in the Energomashspetsstal electric arc shop has carried out its 7000th smelting. The complex was commissioned in 2012. This was the last stage of the 7-year program to modernize the works. Investments in 2005-2012 exceeded $300 million. The maximum weight of an ingot produced at EMSS is 415 tons. (Ukrainian metal)
This year Zaporizhstal has mastered the manufacture of 8 new types of hot- and cold-rolled metal. “Next year we intend to start producing 7 more”, the company CEO Alexander Mironenko has said. In particular, Zaporizhstal has mastered the manufacture of DC01 cold-rolled coils for Marcegaglia with full correspondence to European quality standards. (Ukrainian metal)
On December 4-11, metal companies increased purchasing prices of scrap by 950 UAH per ton, to 6900 UAH per ton. The increase is driven by a growth of raw materials prices and improvement of the global market situation. Scrap deliveries last week amounted to 68.6 thousand tons as opposed to 64.9 thousand tons a week…
In January-November, Amur region extracted 22349.1 kg of gold, down by 7.9% YoY. Ore gold accounted for 14030.2 kg and alluvial – 8318.9 kg. The decrease was mostly due to a drop of production at Petropavlovsk enterprises: by 11% of ore gold and by 2% of alluvial. At the same time, it was Petropavlovsk, which…
In November, Ukraine decreased ferroalloys exports by 9.5% YoY, to 42.7 thousand tons valued at $43.04 million, down by 22.4%. According to the State Customs Service, in 11 months, 578.3 thousand tons were exported valued at $611.3 million, down by 25.4% and by 28.3% YoY respectively. The share of ferroalloys in foreign trade turnover amounted…