In 2019, Kurilgeo LLC, developing gold sites in Sakhalin, received 3.5 billion rubles from the sales, on par with the previous year results. Net profit decreased by 6.4%, to 971.8 million rubles. Tax payments exceeded 1.4 billion rubles, including 1.1 billion rubles of profit tax. Last year, the company produced 1106 kg of gold, down…
Ferrexpo has decided not to apply for tax holidays and will pay taxes to all budgets during the pandemic in full. This decision is aimed at supporting territorial communities to allow them not to cut social programs and have an opportunity to transfer additional funds to health sphere. “We understand, that what we pay to…
In March, Ukraine decreased steel output by 10.3% YoY, to 1.765 million tons, but was able to go from the 13th position to the 12th in the world steel rating. In Q1, Ukraine went up from the 12th position to the 11th. In March, 64 countries produced 147.054 million tons of steel, down by 6%…
In 2019, Priisk Ust-Kara, developing alluvial gold deposits in Zabaikalye region, increased net profit 2.7-fold, to 553.9 million rubles. Revenue grew from 1587.3 million rubles to 2546.1 million rubles. Sales profit increased 2-fold, to 685.9 million rubles. Last year the company extracted 863 kg of gold. This year the output is expected to remain at…
In January-March, Ukraine imported 258 thousand tons of limestone, down by 67% YoY. Lime imports, at the same time, grew by 13%, to 17 thousand tons. The decrease in import is due to the drop of demand from metal companies, the main customers. Steel industry accounts for two thirds of overall consumption. This year, limestone…
In January-March, metal companies produced 4.62 million tons of rolled metal, up by 1.8% YoY. Some 3.96 million tons, or 85.6%, were exported. In Q1 2019, the export share was 89.7% (4.07 million tons out of 4.54 million tons). Semi-finished products accounted for 51.89% of exports (44.9% in Q1 2019), flat rolled metal – 30.31%…
In February, Russia imported 289 tons of unrefined copper, up by 69% MoM and by 154% YoY. Kazakhstan delivered all copper. Price dropped from $13.8 to $13.4 per kg. In January-February, exports totaled 460.7 tons, up 2-fold YoY. In monetary terms exports have grown by 112%. (Ukrainian metal)
In January-March, domestic companies received 918.7 thousand tons of rolled metal, including 255.7 thousand tons (27.8%) of imported metal. In Q1 2019, domestic market received 764.1 thousand tons of metal, including 297.1 thousand tons (38.9%) of imported metal. Thus, in Q1 metal consumption grew by 20.2%, while the import share dropped by 11.1%. (Ukrainian metal)