ArcelorMittal Kriviy Rih CEO Mauro Longobardo declared that he was mulling the possibility of buying electricity directly from nuclear power plants. According to him, recently it has become clear, that electricity tariffs in Ukraine are higher than in Europe. “Now we buy electricity from traders following auctions. But there have been some shifts on behalf…
Solway Investment Group, owner of he Pobuzhye Ferronickel Plant LLC, intends to increase nickel, copper and other non-ferrous metals output following the growth of demand. Historically the group has been focused on the manufacture of base/non-ferrous metals, the basis of infrastructure, construction and electrification development (copper, aluminum, zinc and nickel). “At present we are one…
In January-June, Chukotka extracted 11.5 tons of gold, up by 6.7% YoY. Chukotskaya Mining and Geological Company extracted the most gold – 5.2 tons, as well as 42.8 tons of silver. Rudnik Valunistiy has extracted 588.1 kg of gold and 5.7 tons of silver, while Mayskoye deposit yielded 2.4 tons of gold. Severnoye Zoloto LLC…
In January-June, Ismail Seaport decreased export transportation of iron ore by 30.2% YoY, to 1.19 million tons. This is the worst half-year result since 2014. Since then, iron ore transportation has been growing each year. In 2019, exports decreased by 13.9%, to 2 million tons, due to the decrease of demand in Europe. At the…
In June, Ukraine increased steel output by 9% YoY, to 1.809 million tons, having retained the 13th place in the ranking of 64 main steel manufacturers, compiled by Worldsteel. China remains the undisputed leader with 91.579 million tons produced, up by 4.5%. In June, all the 64 countries produced 148.295 million tons, down by 7%…
ArcelorMittal Kriviy Rih, the biggest mining and metallurgical plant in Ukraine, reports on the results of production in January-June. In particular, the company produced 2.4 million tons of steel, 2.5 million tons of pig iron and 2.2 million tons of rolled metal, all down from 2.6 million tons, 2.6 million tons and 2.3 million tons…
The state enterprise Lvivugol has ordered Azovcable LLC the delivery of conveyer belts valued at 47.06 million UAH. This year, the company has to supply 14,600 square meters of conveyer belt produced by the Kursk Factory of Technical Fibers (Russia) at 3,223 UAH per square meter. The price of the agreement is 1% below the…
The United States International Trade Commission has decided to prolong for 5 years the antidumping duties on the import of oil and gas pipes from 5 countries, including Ukraine. The commission believes that the cancellation of antidumping duties will result in a dumping of their deliveries and damage to American manufacturers. The duty for Ukraine…
