Ukraine decided to address the World Trade Organization on the issue of Kazakhstan limiting exports of Ukrainian pipes. In late August the Ministry of economic development and trade hosted a meeting with representatives of pipe industry, where obstacles on the way of delivering pipes to world markets, including the Eurasian Economic Union, in particular Belarus…
According to Severstal, this year metal consumption in Russia will increase by 5% YoY. Next year, consumption is expected to increase further by 3%. “This year we saw the growth of some 5% in H1, we believe H2 will not be worse. In 2018 construction will revive, especially railroad. We will still see metal consumption…
The license to develop a coal deposit in Sulukta is being sold for $8.2 million, the website of the State Committee for Industry, Energy and Subsoil Use reported. It is noted that field No. 11 is put up for tender. The tender commission has set the cost of payment for the right to use the…
The U.S. Department of Commerce continues an antidumping duty investigation into imports of carbon and certain alloy steel wire rod, originated Ukraine, Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, the United Arab Emirates and UK. The U.S. Department of Commerce said on September 15, that it was aligning the final determinations in the…
Gold production on Russia’s Chukotka peninsula decreased by 12% YoY, to 17.178 tons in January-August, the regional government said in a statement. Alluvial gold output grew by 17%, to 1,822 kilograms. Silver production in the area fell by 20%, to 87.8 tons in the period. Chukotka Mining and Geological Company, a unit of Kinross Gold,…
The fifth bulk carrier with 75,000 tons of anthracite from South Africa for Prydniprovska and Kriviy Rih thermal power plants (TPP) of DTEK Energy has arrived in Ukraine, the company’s press service has said. According to its data, two bulk carriers with imported anthracite are being unloaded at the port, which will allow the company’s…
The Yuzhural Group of Companies has sold the Darasun Mine LLC with a large discount – just for $1 million. At present the mine is not operating. UGK bought the mine in October 2007 from Highland Gold Mining Ltd for $15 million after a fire that in September 2006 claimed the lives of 25 miners.…
In the city of Ussuriysk, Lider Stal Vostok LLC has opened a new manufacture of coil steel with polymer coating. At the works, employing 20 people, the steel imported from China is cleaned, polished, cut, coated and coiled again. Investments into the project totaled 58 million rubles. The capacity of the enterprise is some 80…
