In 2021, Yuzhniy Mining and Processing Works intends to invest 5 billion UAH in its development. The main funds will be directed to increase output capacity, improve product quality and modernize machine fleet. In particular, UGOK will spend 3 billion UAH on the modernization of the processing capacities. It will repair 4 technological sections at…
In January-May, Interpipe Steel increased steel output by 10.6% YoY, to 368.2 thousand tons. In May, the company produced 86 thousand tons of steel, down from 90 thousand tons in April. In 2020, steel output dropped by 11.2% YoY, to 758.7 thousand tons. (Ukrainian metal)
In May, Ukraine exported 53.5 thousand tons of pipes, up by 37.3% YoY, valued at $60.8 million, up by 45.6%. According to the State Customs Service, in 5 months exports grew by 8.7%, to 208.6 thousand tons valued at $239.1 million, up by 5.8%. Seamless pipes accounted for 146.7 thousand tons at $187.6 million and…
In May, Hergu extracted 58 kg of alluvial gold in Amur region, down by 3% YoY. The washing season, which began in May, will be finished in late November. Last year, the company extracted 649 kg of alluvial gold, down from 969 kg in 2019. The drop is due to the decrease of gold content…
The Samsonovskaya-Zapadnaya mine has been on fire for two days near Krasnodon, situated in the so-called Lugansk People’s Republic, a terrorist organization created and supported by Russia. The fire started underground on June 14. There were no casualties. All the miners were able to evacuate. Before the Russian occupation, the mine was a part of…
Interpipe NTZ has won a tender in the Prozorro.Public sales system to supply 4.4 thousand solid wheels to Ukrzaliznytsia valued at 136 million UAH. Wheels have to be delivered until the end of the year. MS Trade Ukraine LLC also participated in the auction offering the wheels of Prommashkomplekt, Kazakhstan, but Interpipe NTZ had the…
In April, Kazakhstan exported 44 thousand tons of ferrous scrap to Russia, down by 12% MoM and by 70% YoY. In March, the results were +168% and +41.8% respectively. Average price on the Russian border was $330.5 per ton, down by 2.7% MoM, but up by 64% YoY. In January-April, exports totaled 151 thousand tons,…
Metinvest-SMC has won two auctions in the Prozorro.Public sales system to supply 775.5 tons of metal valued at 35.9 million UAH to the national nuclear energy-generating company Energoatom. In particular, Metinvest-SMC has to supply metal sheets of various sizes. Metal has to be delivered until the end of August. (Ukrainian metal)