In January-July industrial prices in Ukraine grew by 8.1% YoY, including domestic prices by 9.6% and export prices by 1.6%. According to the Service of State Statistics, the prices in metallic ore mining increased by 14.5%, including by 3.8% locally and by 24.7% for exports. At the same time, in metal manufacture prices dropped by…
Kamensk-Uralsky Non-Ferrous Metals Processing Works has been named the Exporter of the Year in the Urals Federal District in two nominations – Exporter of the Year in industry and New Geography. 200 companies participated in the event, with 46 from Sverdlovsk region. Having won at this stage, KUZOTsM will compete with winners of other federal…
Dneprovsky Iron and Steel Combine is continuing its capital repair of machinery, having spent, in particular, 17 million UAH on the repair of the AKAR-40/35 air separator unit in the oxygen-compressor shop. The repair started in July, and is still underway. The machine will be put into operation in late August. At the same time…
Russian state industrial corporation Rostec has left the Tomtor rare earth metals field it has been developing jointly with ICT Group of Alexander Nesis since 2013. Rostec transferred its 25% plus one share in the field’s developer ThreeArc Mining to Cyprus-registered Zaltama Holding Ltd, affiliated with Oleg Misevra, chairman of the board of directors of…
ArcelorMittal Kriviy Rih was visited by Stephen Douglas, OSCE observer (Organization for Security and Cooperation in Europe) in Ukraine. This is the first visit of a representative of the OSCE special monitoring mission to the plant. Recently, Douglas has been appointed OSCE Coordinator for Economic and Environmental Security in Dnipropetrovsk, Zaporizhzhya and Kirovograd regions. As…
In January-June Kurilgeo LLC, developing gold and silver deposits on the island of Urup, increased precious metals output. Thus, the company has extracted 510.6 kg of gold, up by 48% YoY. Silver output increase totaled 63%, to 2371 kg. At the same time ore mining dropped by 16%, to 298.5 thousand tons. Revenue reached 1.474…
Energomashspetsstal has concluded a new agreement to supply rolls to Voestalpine Stahl GmbH. For its Austrian customer EMSS will produce three supporting rolls for the cold-rolling mills. The total weight of the order is 117 tons. The rolls have to be shipped in Q2-3 2020. The companies have been cooperating since 2010. (Ukrainian metal)
Priargunskoye Manufacturing Mining and Chemical Enterprise named after Slavsky (PPGHO) intends to decrease the construction terms of the mine No. 6 in Zabaikalye region. Previously the company planned to start construction not earlier than in 2021 and commission it in 2023. Now it has been decided to decrease construction time 2-fold. Thus, the company intends…