In January-September Magadan region mined 22.21 tons of gold and 680.08 tons of silver, up by 9.3% and down by 22.18% YoY respectively. In 2015 Kolyma companies mined 24.5 tons of gold and 1127.5 tons of silver, up by 1.5% and 17.3% YoY respectively. This year the local administration expects gold mining to reach 27…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.489* Export, Ukraine, $/t, FOB Black sea ports min max min max min max July 409 518 343 392 375 385 August 385 493 343 360 370 380 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16…
In January-August Russia imported 2.76 million tons of ferrous metals, down by 1.63% YoY. Far foreign countries supplied 1.81 million tons of ferrous metals. According to the Federal Customs Service, steel imports (not counting pig iron, ferroalloys and scrap) decreased by 8.59%, to 2.28 million tons. Steel pipes imports grew by 19.76% YoY, to 0.29…
In January-August Russia exported 28.65 million tons of ferrous metals, up by 3.4% YoY. According to the Federal Customs Service, pig iron exports went up by 3.6%, to 3.39 million tons, that of carbon steel semi-finished products – by 3.8%, to 9.72 million tons, all YoY. In monetary terms ferrous exports fell by 16.6% YoY,…
Machine-building works of Corum Group are loaded at more than 100%. “Our clients are returning to their old investment projects. The underground mining equipment sees the largest demand. This is all due to the increase of demand for and prices of coking coal and the preparation to the heating season”, said the company CEO Yakov…
Metinvest doesn’t see steel prices growing considerably in 2017. “We believe everything will be on this year’s level”, Yuri Ryzhenkov, Metinest CEO, reported. According to him, results of the antidumping investigations by EU will be important for Ukrainian producers. “From the point of view of Ukrainian manufacturers, everything depends on antidumping investigations. If they end…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.91* min max July 493 493 August 493 493 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.08.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
NLMK Group, an international steel producer with operations in Russia, Europe and the USA, and KAMAZ, Russia’s leading heavy-duty truck manufacturer, have held their first Coordinating Council. At a meeting held in Naberezhnye Chelny, the two companies discussed steel deliveries, as well as the possibility of manufacturing new machinery for NLMK, including with the use…
