In January-July, Chukotka Autonomous District produced 14,083 kg of gold, up by 2% YoY. Ore gold accounted for 13,013 kg and alluvial – for 1,070 kg. Kekura deposit yielded 315.2 kg, Kupol – 6,356.5 kg, Karalveyem – 929 kg and Rudnik Valunistiy LLC – 1,080.3 kg of gold. ZK Mayskoye LLC at the Mayskoye deposit…
In January-August, Zaporizhstal increased steel output by 8% YoY, to 2.7 million tons. Rolled metal manufacture grew by 7.7%, to 2.24 million tons, and pig iron – by 1.2%, to 2.9 million tons. In August, Zaporizhstal produced 339 thousand tons of steel, 284.4 thousand tons of rolled metal and 399.4 thousand tons of pig iron,…
In January-July, Severniy Mining and Processing Works increased pellets output by 30.7% YoY, to 4.05 million tons. In July, 685 thousand tons were produced. Iron ore concentrate output grew by 6.5%, to 7.94 million tons, with 1.155 million tons produced in July. (Ukrainian metal)
Azerbaijan’s gold mining company AzerGold’s net profit increased by 287.3% YoY in 2020, the company’s press service reported. In 2020, the company’s net profit increased by about $35.8 million and exceeded $48.2 million. Moreover, the company’s gross profit, profit margin, as well as EBITDA increased. Thus, the total profit of the company increased by $43.04…
In January-June, Metinvest B.V. increased consolidated revenue by 70% YoY, to $8.47 billion. Steel sales grew by 12% and pellets – by 36%. Metal segment revenue amounted to $6.4 billion, up by 65%. The group EBITDA went up 5.3-fold, to $3.795 billion, and the metal segment EBITDA – 7.3-fold, to $1.74 billion. Capital investments grew…
In 2020, ArcelorMittal Temirtau received a net loss of 29.652 billion tenge as opposed to a net profit of 80.648 billion tenge in 2019. Revenue grew by 12%, to 720.498 billion tenge, while gross profit decreased 3.7-fold, to 41.467 billion tenge. EBITDA was -32.23 billion tenge versus 106.046 billion in 2019. Last year, AMT produced…
Value of steel exports from Turkey to Azerbaijan grew from January through July, the Turkish Ministry of Trade reported. According to the ministry, this indicator amounted to over $56.1 million, up by 0.5% YoY. In July, Turkey exported steel worth more than $7.9 million to Azerbaijan, up by 18.9%. (AzerNews/Ukrainian metal)
Yuzhkoks intends to completely reconstruct gas-heating system of coke-oven batteries Nos. 5, 6 and 7. In particular, gas heaters will be removed from the battery tunnels. In January-July, Yuzhkoks produced 439 thousand tons of coke, up by 16.8% YoY, with 62 thousand tons produced in July. (Ukrainian metal)
