The Minister of Economy Gevorg Papoyan has noted that Armenia has successful metal enterprises and the goal of the country is to export finished ferrous metals products. Several dozen million dollars has been invested in the ferrous metallurgy so far. “But in the short-term investments will amount to $100 million. 550 to 750 jobs will…
In January-May, Ukraine increased coke and semi-coke imports 3-fold YoY, to 212.768 thousand tons. According to the State Customs Service, coke imports grew 2.16-fold, to $77.2 million. The main supplier was Poland (87.71% in monetary terms), followed by China (4.72%) and Hungary (4.38%). Over 5 months, Ukraine exported 340 tons of coke for $81 thousand…
Ferroalloy works continue losing the Ukrainian market due to downtime, sharp growth of imports and a drastic drop in exports. Thus, in January-May, ferroalloys exports fell 38.4-fold, to 6.67 thousand tons valued at $9.552 million, down 23.4-fold. The main export markets were Poland (43.22% in monetary terms), Romania (35.49%) and Moldova (5.32%). Over 5 months,…
In January-May, Ukraine increased ferrous metals scrap export by 32.2% YoY, to 102.366 thousand tons. According to the State Customs Service, revenue grew by 42.7%, to $32.872 million. In May Ukraine exported 14.952 thousand tons of scrap, in April – 26.153 thousand tons, in March – 20.907 thousand tons, in February – 23.194 thousand tons…
In January-May, Ukraine decreased pig iron exports by 19.6% YoY, to 507.106 thousand tons. According to the State Customs Service, revenue dropped by 22.3%, to $189.6 million. The main export market was USA (78.55% in monetary terms), followed by Italy (6.49%) and Poland (5.77%). Over 5 months, Ukraine imported 15 tons of pig iron valued…
In January-May, Ukraine produced 2568 thousand tons of rolled metal, up by 29.6% YoY. Of them, according to the State Customs Service, 1680 thousand tons, or 65,4%, were exported. In January-May 2023, the share of exports was 48.7% – 966 thousand tons of 1982 thousand tons produced. The share of semi-finished products in exports amounted…
Kazatomprom has signed a new contract on subsoil use, which presupposes uranium extraction at the site No. 3 of the Inkai deposit. The contract was concluded in June as a result of direct negotiations with the Ministry of Energy. Within 4 years, 701 tons of uranium will be extracted. Inkai is one of key uranium…
The Parliament of Kyrgyzstan in the second and third readings adopted a bill to invalidate the law “On the prohibition of activities related to geological study of subsoil for the purpose of prospecting, exploration and development of uranium and thorium deposits in the Kyrgyz Republic”. The bill banning the development of uranium and thorium deposits,…