Uzbekistan exported gold worth $4.1 billion from January through June. According to the data from Uzbekistan’s Statistics Agency, this figure has decreased by 4.6% YoY. Meanwhile, the total volume of Uzbekistan’s goods and services exports amounted to $12.9 billion from January through June, up by 4.8%. The gold holds the country’s majority of reserves, totaling…
In January-June, global steel output amounted to 954.62 million tons, down by 0.01% YoY. According to Worldsteel, China was the largest producer with 530.57 million tons, down by 1.1%. China’s share in global steel output was 55.6%. Ukraine, producing 3.87 million tons of steel, up by 136.96%, went up to the 21st place among 71…
Navoi Iron and Steel Works has launched another mill-block – No. 7 at the hydrometallurgical plant No. 3. Annual capacity of the plant is 8 million tons of ore. With the new mill block, the capacity will exceed 9 million tons. In the future the company will expand its shops of flotation, bio-oxidation, filtration, drying…
This year, Ukraine will produce more than 7.2 million tons of steel, the president of Ukrmetallurgprom Olexander Kalenkov believes. Compared with the first half of 2023, steel output grew by 37%. Mining enterprises increased output by about 50%. “The increase was due to our enterprises doing everything possible to decrease prime cost and make their…
The price of electricity for metal enterprises is constantly growing, including because of the unreasonable decision to change the share of imports for companies that what uninterrupted supply of electricity. The president of Ukrmetallurgprom Olexander Kalenkov highlights the fact that due to the continuous cycle of manufacture, metal companies cannot physically shut down and then…
In January-June, Georgia’s trade turnover with Turkiye, its largest trade partner, amounted to $1.53 billion, including $1.28 billion of imports, up by 17.2% YoY. According to the National Statistics Service, exports grew by 9.6%, to $243.79 million. Imports of steel pipes totaled 33134 tons, up by 80.8%. In monetary terms impost grew by 57.4%, to…
In January-May, large enterprises produced 12.4 thousand tons of copper pipes. Compared to the corresponding period in 2023, the volume of production increased by 27.1%. In May, large enterprises produced 2.8 thousand tons of copper pipes. (Statistics Agency)
The so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, has started forming lists of operating mines that will soon be privatized. According to the Center of the National Resistance, for the occupiers this means that they will give the assets to adjoining structures, which will then cut the machinery for metal.…