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,…
In January-March, steel consumption in the Czech Republic decreased by 130 thousand tons YoY, to 1.37 million tons, due to low demand, because of high energy-carriers prices, high inflation and uncertain geopolitical situation caused by the Russian invasion of Ukraine. At the same time, steel consumption grew from the historical low of 1.23 million tons…
According to the Minister of Industry and Construction of the Republic of Kazakhstan, Kanat Sharlapaev, the East Kazakhstan region is likely to become a hub for lithium production. Earlier President Kassym-Jomart Tokayev of Kazakhstan hosted his South Korean counterpart Yoon Suk Yeol in the Akorda presidential residence. During the meeting in Akorda, Minister Sharlapaev highlighted…
Due to the necessity to import 80% of electricity, the prime cost of Centravis products will grow and the company will find it difficult to compete with others. The technical development director of the company Olexander Gripas said that in summer the share of imported electricity could amount to 40% and in winter to 50%.…