The government of Ukraine will ask the president to sign the decree on the extension of the scrap export duties of 30 euro per ton, the Prime Minister Vladimir Groysman said in London. “Under the military aggression Ukraine needs metal to provide for its own defense”, he said. In September 2016 the president Petr Poroshenko…
In January-June Ukraine increased ferrous metals exports revenue by 21.9% YoY, to $4.081 billion. According to the State Fiscal Service, ferrous metals exports amounted to 19.77% of all export revenue as opposed to 20.13% in H1 2016. In June Ukraine exported $703.436 million worth of ferrous metals. Imports in 6 months increased by 37.7%, to…
According to the results of the “Best Kazakhstani Product-2017” competition ArcelorMIttal Temirtau was among the winners of the “Best industrial product”. The company cold-rolled metal was named one of the best products. The local contents in the cold-rolled metal exceed 90%, while exports reach 90%. AMT intends to start producing channels and improve its position…
In January-March trade turnover with Russia increased by 34%, to $3.384 billion. Exports increased by 26%, to $1.67 billion, and imports – by 43%, to $1.714 billion. Ferrous and non-ferrous metals exports amounted to $283 million, up by 80%. (Ukrainian metal)
In 2018 the Kazakhmys Corporation LLC intends to put the Karashoshak mine into operation. “It was an open-pit copper mine, but now all the mining will be done underground. The ore lies deep, so it’s easier and more efficient to mine it that way”, the company said. The construction of the mine started in 2016.…
The Central Mining and Processing Works has implemented an energy saving model, which would decrease the product prime cost. According to the company CEO Dmitry Shevchik, it now uses frequency regulation systems. They allow decreasing electricity usage and increasing the lifecycle of the equipment. At present the company operates 12 electric devices to control pumps,…
The miners of the DTEK Pavlogradskoye Mine Group have yielded 2 million tons of coal ahead of plan. In 2016 the enterprise put 6 new long faces into operation and invested 471 million UAH, which allowed it to reach such results. This year the company intends to put 3 more long faces into operation and…
Baikalrud LLC intends to construct a Yugo-Zapadniy mine at the Noion-Tologoyskoye polymetallic ore deposits. “Its projected capacity will be 850 thousand tons of ore per year. Earlier we were allowed to start constructing the Yugo-Vostochniy mine with the capacity of 350 thousand tons. It is being constructed. In 2019 we intend to put both of…