In January global steel manufacture increased by 2.12% YoY, to 154.44 million tons. China is still the leader with 84.27 million tons, up by 7.22% YoY. Ukraine went up from the 13th place to the 12th with 1.84 million tons, down by 0.4%. (Ukrainian metal)
Avdiivka Coke and Chemical Works sulfuric acid stocks have fallen to the record-low level. In February the company received 387 tons of acid, while the need was 1020 tons. The shortage of acid threatens the operation of the company. Torgservice is the main supplier of sulfuric acid to Avdiivka Coke. It is the official representative…
In 2019 Kirovsky Coal Pit, developing the Kirovskoye deposit in the Republic of Sakha (Yakutia), extracted 24.2 thousand tons of coal, down by 8% YoY. This year some 18-20 thousand tons will be mined. As of January 31, the company has already extracted 4.6 thousand tons of coal. Last year Kirovsky Coal Pit sold 27.7…
Highland Gold Mining Limited has set the volume of capital investments in 2020 at the level of $205-210 million. Last year investments amounted to $94 million. Kekura deposit in Chukotka will account for almost a half of funds. The rest will be invested in Valunistiy mine in Chukotka, as well as Belaya Gora and Zabaikalye…
In January Russia produced 4.8 million tons of unalloyed steel and semi-finished products, down by 5.5% YoY and by 2.6% MoM. Stainless steel manufacture grew by 9.1% and by 26.2% respectively, to 16.6 thousand tons. Alloyed steel production totaled 1.5 million tons, up by 24% YoY and by 6.1% MoM. Rolled metal output in January…
In December 2019 Russia exported 1.5 thousand tons of ferrotitanium, down by 24% MoM and by 3% YoY. Deliveries to the Netherlands decreased 1.5-fold, to 985 tons, and to Germany – 2-fold, to 85.7 tons. At the same time China imported 177.5 tons, up by 67% MoM. In 2019 exports totaled 20 thousand tons, up…
Russian gas producer Novatek, nuclear power corporation Rosatom and hydropower company RusHydro have offered alternative layouts of power supply to the Baimsky GOK ore-dressing plant on the Chukchi Peninsula, sources with knowledge of the results of a meeting with the Far East Development Ministry have reported. The plant owned by KAZ Minerals needs 250 megawatts…
Mines will not be closed or liquidated until their employees get another job, Ukrainian President Volodymyr Zelensky has said during an all-Ukrainian meeting of coal workers on February 25. “No mine can be closed or liquidated until people get a new job, secure and decent pay. First, new jobs for these people, and only then…
