In 2021, Zaporizhstal kept rolled metal output on the 2020 level – 3.204 million tons. At the same time, manufacture of steel dropped by 0.1%, to 3.778 million tons, while of pig iron grew by 0.1%, to 4.473 million tons. In December 2021, Zaporizhstal produced 400.4 thousand tons of pig iron, 340.1 thousand tons of…
Raiz LLC has won in the auction to develop the alluvial gold deposit on the Bolshoy Kaparveyem River in Chukotka. The auction was held on December 28, 2021. The initial price grew 6-fold, to 154.58 million rubles. The reserves are estimated at over 1 ton. (Ukrainian metal)
The government on January 5 transferred the rights of 15% of Zangezur Copper and Molybdenum Combine CJSC to the management of the Armenian National Interests Fund. Prime Minister Nikol Pashinyan said the state had a share in the Zangezur Combine and weighed in on criticism concerning possible corruption risks. “This deal seemed dubious to many,…
In 2021, Ukraine procured 4.136 million tons of scrap, up by 34.6% YoY. According to the UAVtormet Association, scrap deliveries to metal companies grew by 15%, to 3.323 million tons. Exports went up 17-fold, to 615.7 thousand tons, while import dropped by 12.8%, to 23 thousand tons. As of January 1, scrap reserves amounted to…