In 2020, Interpipe increased the share of exports to 81%. Sales last year amounted to 662.4 thousand tons. Pipe sales dropped by 21%, to 469.9 thousand tons as a result of a decrease in the sales of pipes for oil and gas extraction due to the fall of hydrocarbon prices. Deliveries to the Ukrainian market…
In 2020, the Republic of Sakha (Yakutia) extracted 39 tons of gold, up from 36.5 tons in 2019. This was the record-high result for Yakutia and the third largest in Russia. The Taborniy and Gross mines of Nordgold yielded the most gold – 355.3 thousand ounces (11.05 tons). Polyus Aldan extracted 7.5 tons of gold…
In 2020, Zaporizhstal actively worked on improving the quality of its metal products. Last year, the crisis in the metal industry, worsened by the pandemic, resulted in steel output drop of 1.4% YoY in Ukraine. Some companies decided to increase output and capacity loading. At the same time, Zaporizhstal, while decreasing manufacture by 5%, improved…
On January 18, Ukrzaliznytsia held an online auction at Prozorro.Sales with 12 lots of scrap. The company was able to sell 6 lots. Customers bought 8.9 thousands tons of scrap valued at 75.3 million UAH. The initial price of 6 lots was 50.4 million UAH. Thus during the auction the price rose by 49.7%. The…
The combined gold production of companies in Magadan region rose by 6.01%, to 49.143 tons in 2020, the regional government said in a statement on January 20. Output of lode gold rose by 8.64%, to 30.363 tons, and of alluvial gold by 2.02%, to 18.78 tons. Silver output fell by 13.48%, to 572.485 tons. In…
According to forecasts, taking into account average loading in December 2020, this year Ukraine could produce around 21.6 million tons of steel, up by 5% YoY. The people’s deputy Sergey Magera says, the main issue for metal companies will be sales. “Now our main market is EU. Turkey is also interesting. But with EU imposing…
In 2020, Zaporizhstal shipped 867 thousand tons of metal products via the Zaporozhye river port and 6.5 thousand tons via the Zaporozhkoks river terminal. Combined, these accounted for 95% of all cargo processed at the Zaporozhye port. Zaporizhstal decreased shipping by 4% YoY mostly due to the drop of global demand. Zaporizhstal shipped its metal…
Gold production on Russia’s Chukotka peninsula decreased by 0.16% YoY, to 25.42 tons in 2020, a representative of the regional government’s department for natural resources and environment reported in January 19. Production of silver fell by 4.99%, to 106.105 tons. Production of Chukotka Mining and Geological Company, a unit of Kinross Gold, fell by 5.4%,…