Ukraine: 2 mines cave-in in occupied Donbass

On June 7, rock caved-in at two mines in the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia. One person perished and another sustained injuries. One of the accidents happened at the Kholodnaya balka mine of the state enterprise Makeyevugol, while another at the Komsomolets Donbassa mine in the town of…

Russia: gold output up in January 2020

In January, Russia produced 19.92 tons of gold, up by 13.9% YoY. The share of by-product gold amounted to 1.49 tons, up by 23.1%, and secondary gold – 2.31 tons, up by 2.7%. The rest was extracted gold (16.12 tons). Traditionally, the Far Eastern Federal District provides for over 50% of extracted gold. In January,…

Ukraine: ferrous metals export revenue down in January-May 2020

In January-May, Ukraine decreased revenue from ferrous metals export by 19% YoY, to $3.3 billion. According to the customs statistics, in May revenue totaled $601.5 million. The share of ferrous metals in the overall export currency volume decreased by 16.86% from 19.47%. Import of ferrous metals dropped by 23.4%, to $377.9 million. (Ukrainian metal)

Ukraine: scrap deliveries down in May 2020

In April, metal companies were provided with scrap for 94.2% and in the first 5 months – for 101.3%. In May, scrap deliveries decreased by 44.6%, to 174.9 thousand tons, and in January-May – by 19.7%, to 1.1 million tons. The largest consumers were Metinvest enterprises and Dneprovsky Iron and Steel Combine (41.2 thousand tons),…