In January-March, Uzbekistan exported $3.06 billion worth of gold, up by 1.4% YoY. In the first quarter of 2022, foreign supplies reached $2.4 billion, down by 17.2%. Uzbekistan supplied $4.11 billion worth of gold abroad in 2022, compared to $4.1 billion in 2021. (Uzreport/Ukrainian metal)
This year, ArcelorMittal Kriviy Rih intends to increase investments to $130 million. Moreover, in 2024, the company plans to export 50% of its products to Europe. “In 2022, we invested $120 million, and in 2023 we plan to invest $130 million. Our grand project is the construction of the third card tailings, which is ongoing…
In January-April, global steel output totaled 622.74 million tons, down by 0.34% YoY. According to Worldsteel, China remained the leader, having produced 354.39 million tons, up by 4.1%. The country’s share in global steel output is 56.9%. Ukraine produced 1.81 million tons of steel, up by 46% YoY. The country has gone up from the…
On May 18, Ukrgazvydobuvannya ordered Interpipe Ukraine steel pipes for 401 million UAH. Until November, the company has to supply 4044 tons of hot-deformed seamless steel pipes produced by Interpipe Niko Tube with protective coating. The coating has to be manufactured either by Interpipe Novomoskovsk Pipe Works or Ukrtruboizol. The only competitor of Interpipe was…
The State Investigation Bureau has notified of four ex-CEOs of the state enterprise Volynugol of suspicion of activities resulting in a damage of 1.17 billion UAH to the environment and subsoil. The CEO managed the enterprise from 2017 to 2022. In 2018, the enterprise’s special allowances for coal extraction at two out of five mines…
A criminal case has been opened on the fact of illegal gold mining in Chatkal district of Kyrgyzstan, press service of the Prosecutor General’s Office reports. “It was found out that in 2021 the officials of Chatkal forestry entered into an agreement with a LLC on the lease of a land plot at Karatyube-Buzuk deposit…
A repaired VBSH-250 drilling machine has been commissioned at the quarry of the Ingulets Mining and Processing Works. The repair was carried out by the engineers of the drilling machines. The replacement of basic units of the machine has increased its productivity by 15%. In one shift the machine can drill 80 meters of shafts.…
Last week, Interpipe Ukraine LLC won a tender of Ukrnafta to supply 282 million UAH worth of compressor-pump pipes. Special pipes have to be made according to API Spec 5CT June 2018. Before the Russian invasion in February 2022, Interpipe supplied such pipes to Ukrgazvydobuvannya. While last year the price was EUR 2598 per ton,…