Gold producers of the Magadan region have produced 48.4 tons of gold since January 1, and total 2021 output should reach 51 tons, similar to the region’s second largest gold output in the history that was reached in 1945, Magadan region’s governor Sergei Nosov said on December 9 at a government meeting. “In 1942, Dalstroy…
President Vladimir Zelenskiy has signed a law to increase scrap export duty from EUR 58 to EUR 180 per ton. The Verkhovnaya Rada decided to increase the duty on December 2. 242 members of the parliament voted in favor. In January-November, scrap export grew 16.5-fold, to 547.5 thousand tons. (Ukrainian metal)
In January-October, ArcelorMittal Kriviy Rih increased pig iron output by 9.6% YoY, to 4.9 million tons. Rolled metal manufacture grew by 3.4%, to 4.2 million tons, and steel – by 6.2%, to 4.5 million tons. In November, AMKR produced 320 thousand tons of rolled metal, 330 thousand tons of pig iron and 340 thousand tons…
Ukrzaliznytsia intends to buy 3.4 thousand tons of rails valued at 116.2 million UAH from Metinvest-SMC LLC. The purchase will be carried out via a negotiations procedure, as the previous two auctions have been cancelled due to the lack of participants. Metinvest-SMC will supply R-65 rails with the length of 25 meters. (Ukrainian metal)
Dneprovskiy By-Product Coke Plant has finished constructing a temporary quenching tower in the coke shop. Investments amounted to 15.8 million UAH. The tower will be operating until a new quenching tower is constructed. The old ferroconcrete tower will be completely disassembled and a new one will be constructed. Around 70 tons of metal was used…
Corum Group has received a new order to produce a lifting machine for Zaporozhye Iron Ore Complex to increase ore output at the Pereverzevskaya mine. The machine will be produced at the Corum Druzhkovka Machine-building Works. The drum of the machine will be 6.3 meters in diameter. 235 tons of steel will be used. In…
Interpipe Nike Tube LLC intends to supply over 25.5 thousand tons of pipes valued at 2.3 billion UAH to the largest gas-extracting company Ukrgazodibycha. The Interpipe company has won in three auctions having offered the price of 501.2 million UAH, 901.8 million UAH and 884.8 million UAH. The starting price was 576.7 million UAH, 1…
In January-September, Metinvest increased exports to Europe 2.5-fold YoY, to $5.21 billion. The share of European countries grew from 27% to 38%. Exports of pellets went up by 53%, semi-finished products – by 39% and rolled metal – by 42%. Sales in Ukraine accounted for 26% of revenue, down by 2%, to $3.5 billion. Revenue…