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Author Archives: admin

Ukraine: metal output up in 2018

rolled metal output, Ukrainian pig iron output, Ukrainian steel outputBy admin03.01.2019Leave a comment

In 2018 Ukraine produced 21.06 million tons of steel, up by 0.3% YoY. Pig iron output grew by 4%, to 20.531 million tons, while that of rolled metal – by 3%, to 18.446 million tons. In December 2018 Ukraine produced 1.803 million tons of pig iron, 1.845 million tons of steel and 1.603 million tons…

Azerbaijan: precious metal prices varying on January 3, 2019

precious metalsBy admin03.01.2019Leave a comment

The prices of precious metals varied in Azerbaijan on January 3, the Central Bank reported. The price of gold increased by 18.207 manats, to 2,190.2715 manats per ounce on January 3 compared to the price on December 28, 2018. The price of silver grew by 0.5232 manats, to 26.4805 manats per ounce. The price of…

Russia: NLMK-Kaluga produces 4 million tons of rolled metal

NLMK-KalugaBy admin03.01.2019Leave a comment

NLMK-Kaluga has produced 4 million tons of rolled metal. The high quality steel is used to produce some 20 types and sizes of bars and sections, as well as square billets. In early 2018 the company increased its product portfolio by adding channel. The company main customers are construction enterprises. (Ukrainian metal)

Uzbekistan: AGMK to construct new copper-processing factory

Almalyk Mining and Processing WorksBy admin03.01.2019Leave a comment

Almalyk Mining and Processing Works intends to construct a new copper-processing factory. The project to be commissioned in 2022 will be developed by the Scientific-research and design institute TOMS (Russia). The institute will also help modernize two current copper factories. This year AGMK intends to attract over $180 million of investments. (Ukrainian metal)

Russia: Beringpromugol mines 600 thousand tons of coal in 2018

BeringpromugolBy admin03.01.2019Leave a comment

Last year Beringpromugol LLC mined 600 thousand tons of coal in Chukotka. Some 400 thousand tons were exported to the APR, Japan, Korea and Vietnam. A special attention is paid to the environment and the support of the locals. In late 2018 the company concluded an agreement with the Association of the indigenous peoples of…

Ukraine: AMKR gets its mining license prolonged

ArcelorMittal Kriviy Rih ore mining and metallurgical worksBy admin03.01.2019Leave a comment

The State Service of Subsoil Use has prolonged the special allowances for ArcelorMittal Kriviy Rih to use subsoil. At two of its main quarries AMKR will be able to operate for 20 years. In particular, the license to develop the magnetite quartzite quarry No. 3 at the Valyavkinskoye deposit is valid until January 9, 2038.…

Belarus: BMZ earnings past $1.5 billion in 2018

Belarus Iron and Steel WorksBy admin02.01.2019Leave a comment

In January-November 2018 the Belarus Iron and Steel Works shipped $1.5 billion worth of merchandise, up by $293 million from the whole 2017, BMZ Press Secretary Alexander Olesik reported. A batch of reinforcing bars shipped to BMZ’s trading house in the Baltic States on the night of December 27-28, 2018 raised the year’s total earnings…

Russia: HGM not to change output plan after snow slide hits mine

Highland Gold MiningBy admin02.01.2019Leave a comment

Highland Gold Mining (HGM) has no plans to change the production plan after a snow slide has hit its mine Mnogovershinnoye in the Khabarovsk region. “Works on tunnel 1 were suspended. The other tunnels of mine Mnogovershinnoye are working as usual, the plant is working as well, and the plan for ready product output remains…

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