The repair service of Kosaya Gora Iron and Steel Works has started a new project – creating an additional site to stock products. The decision has been taken due to the warehouses of the blast furnace shop being not enough. The project will allow the company guaranteeing the fulfillment of orders in time. The company…
Electrocable has supplied 70 km of cable for the construction of the second stage of UGMK-Agro greenhouse complexes. The total volume of deliveries, including for the first stage, reached 400 km. The construction of the first stage ended in 2017. The second 5-generation greenhouse with the area of 6.8 ha will have been commissioned by…
The Volgograd-based Krasniy Octyabr is carrying out the program of technical revamping. The next step is the assembly of boiler houses. So far subcontractors have prepared foundation for 4 mini-boiler houses. The foundation for 2 more is under construction. Viessmann Group will supply the machinery. (Ukrainian metal)
The price of one ounce of gold increased by 3.621 manats or by 0.1796% last week, to 2022.385167 manats. The price of one ounce of silver decreased by 0.361 manats or by 1.4372%, to 25.01767 manats. The price of one ounce of platinum decreased by 15.4785 manats or by 1.1519%, to 1343.92083 manats. And the…
Since the start of the year Silver Bear Resources Plc has sold 3.3 tons (118.3 thousand ounces) of silver extracted within the Mangazey project in Yakutia. In March-June the company produced 1822 kg (64.287 thousand ounces) of silver in powder form. In June Prognoz, controlled by Silver Bear Resources, produced some 1000 kg of silver…
The board of directors of the gold-extracting company Poluys has recommended the extraordinary general meeting of the shareholders to pay dividends for January-June in the amount of 131.11 rubles per ordinary share. The total amount of dividends to be paid reached 17.35 billion rubles ($253.2 million), or 30% of the EBITDA. In H1 the company…
According to the state enterprise Ukrpromvneshexpertiza, in September, scrap stocks of metal companies will decreased by 11.11% MoM, or by 10 thousand tons, to 80 thousand tons. At the same time in October scrap stocks will grow by 18.75% MoM, or by 15 thousand tons, to 95 thousand tons. As of mid-August scrap stocks at…
In July railroad deliveries of metal to the major oil and gas enterprises totaled 298 thousand tons, down by 22% YoY. In January-July deliveries dropped by 10.7% YoY, to 2.5 million tons. According to the railroad statistics, this is the lowest result in the past 9 years. (Ukrainian metal)