In January-September Russia increased pig iron exports by 27% YoY, to 4.3 million tons valued at $1.6 billion, up by 40%. According to the customs statistics, exports to US accounted for 53.1%, up by 3.2%. Hong Kong imported 572 thousand tons of pig iron, Italy – 492.2 thousand tons of pig iron, up 2.5-fold, and…
The state enterprise Ukrpromvneshexpertisa forecasts that in mid-December the average price of ferrous scrap on the domestic market will grow by 4.11% MoM, to 7756 UAH per ton. In November prices increased by 7.97% MoM, to 7450 UAH per ton. Last month metal companies continued increasing purchase prices in order to revitalize deliveries. The main…
In October Ukraine exported $33.929 million worth of iron ore, up by 15.7% YoY, while imports totaled $5.522 million. According to the State Fiscal Service, China was the largest importer of iron ore. In January-October Ukraine increased exports of iron ore by 7.9% YoY, to $2352.3 million, while imports dropped by 95.6%, to $0.954 million.…
The Ministry of economic development and trade has created a list of goods, the export and import of which are subject to licensing, as well as quotas for 2019. The ministry suggests zeroing quotas for silver, gold (except for bank metals), scrap and waste of precious metals again next year. It is also suggested to…
The board of directors of Bashkiria Soda Company (produces 80% of soda in Russia) has approved the creation of the titanium dioxide manufacture with the capacity of 100 thousand tons and zirconium oxychloride (25 thousand tons) in 2024-2026 together with Kazakhstan. BSC will have 51% in the project valued at $905 million. The manufacture will…
The mining company Bystrinskoye LLC is preparing the machinery for commission at the Bystrinsky Mining and Processing Works. All will be ready in 2019. And in 2020 the company intends to reach the scheduled capacity of 10 million tons of ore per year. So far the company has hired some 2 thousand employees and is…
The borders of the Kamchatka priority development area have been extended. 12 new land plots have been added to its territory. There investors intend to construct mining and processing works to develop gold and silver deposits. The company Ametistovoye will construct a mine and modernize its gold-extracting factory. Kamchatskoye Zoloto will develop the Zolotoye, Kungurtsevskoye…
Kyshtym Electrolytic Copper Plant has carried out a scheduled repair of its main copper-smelting machine – the MAERZ furnace with the volume of 380 tons and the capacity of 125 thousand tons of anode copper per year. The furnace was shut down for only 24 hours. 20 tons of refractory bricks were used in repair.…