Official launch of a gold processing plant took place at Jerooy mine on March 17. The Presidents of Kyrgyzstan Sadyr Japarov and Russia Vladimir Putin, as well as the head of the Alliance Group Musa Bazhaev and the Chairman of the Board of VTB Bank Andrey Kostin participated in the ceremony. The leader of Russia…
In 2020, Velikoanadolskiy Refractory Works decreased net profit by 62.8% YoY, to 2.185 million UAH. The undistributed profit reached 53.019 million UAH. The shareholders will consider the issue of spending the profit on the development of the company at an annual meeting on April 21. The company was founded in 1993. (Ukrainian metal)
Since the start of the year, Azovstal has mastered the manufacture of 4 new types of metal products. In particular, this is plate with the thickness of 100 mm of S355-6 steel according to GOST 27772-2015 and plate of 60 mm made of S355J2W steel according to EN 10025-5. Moreover, the company has also started…
In January-February, Magadan region extracted 4.7 tons of gold, up by 0.4 tons YoY. Silver output amounted to 92.2 tons. Alluvial season will begin in late April. Tenkinskiy city district yielded the most gold – 3.4 tons, while Omsukchansk district – 86.5 tons of silver. (Ukrainian metal)
Since the start of the year Ukrzaliznytsia has successfully carried out 27 auctions in the Prozorro.Sales system to sell ferrous scrap. In particular, on March 9-11 the company held 16 auctions selling 85.6 thousand tons of scrap for 569.1 million UAH. Last year, the company sold 145 thousand tons of scrap for 567 million UAH.…
In 2020, Metinvest enterprises paid 22.1 billion UAH of taxes to budgets of all levels, up by 5% YoY. This equals almost half of what all companies in Ukraine pay to the budget in a month. “Thanks to this, the government was able to survive the first and the most difficult year of the coronacrisis.…
In January-February, Yuzhniy Mining and Processing Works increased iron ore concentrate manufacture by 4.7% YoY, to 2.007 million tons. In February, UGOK produced 959.6 thousand tons of concentrate, up by 3.2%. In January, output grew by 6.2%, to 1047.4 thousand tons of concentrate. Sinter is no longer produced. (Ukrainian metal)
In January-February, metal companies increased consumption of natural gas and electricity. In particular, consumption of the natural gas grew by 6.5% YoY, to 330 million cubic meters. Metal companies also used 1920 million kW-h of electricity, up by 4.9%. (Ukrainian metal)