Russia: VMZ to get new Danieli machinery

Vyksa Iron and Steel Works will assemble a new seamless pipes producing machine.

The machinery will be supplied by Danieli.

The design capacity of the machinery is 0.5 million tons of pipes per year.

The commissioning is scheduled for 2021. (Ukrainian metal)

Ukraine: scrap imports up in January 2019

In January Ukraine increased scrap imports by 40.5% YoY, to 3.846 thousand tons.

The cost of scrap imported dropped by 19.7%, to $2.417 million.

The main suppliers of scrap were Turkey (54.7%), Russia (34.8%) and South Korea (8.36%). (Ukrainian metal)

Ukraine: scrap exports down in January 2019

In January Ukraine exported 3.14 thousand tons of scrap, down 10.8-fold YoY.

According to the State Fiscal Service, the value of the scrap exported dropped 10.6-fold, to $936 thousand.

In December 2018 Ukraine exported 7.488 thousand tons of scrap.

The main customers were Turkey (75.61%), the Netherlands (16.9%) and Germany (3.74%). (Ukrainian metal)

Ukraine: UGOK concentrate output up in January 2019

In January Yuzhniy Mining and Processing Works increased concentrate output by 4.6% YoY, to 1.102 million tons. According to the company statement, sinter manufacture dropped by 19.6%, to 105.7 thousand tons. In 2018 UGOK produced 12.247 million tons of concentrate and 1746.3 thousand tons of sinter, down by 0.2% and by 6.04% YoY respectively. (Ukrainian…

Ukraine: ferrous metals imports down in January 2019

In January Ukraine imported $80.345 million worth of ferrous metals, down by 9.2% YoY.

According to the State Fiscal Service, in December 2018 imports stood at $101.118 million.

The import of metal wares in January grew by 5.3%, to $63.229 million.

In December 2018 Ukraine imported $81.192 million worth of metal wares. (Ukrainian metal)

Russia: ZTZ ships pipe piles to Bangladesh

Zagorsky Pipe Works has successfully shipped the last batch of pipe piles to Bangladesh for the construction of the Ruppur NPP.

Since November 2018 the company has supplied over 10 thousand tons of pipe piles with the diameter of 630 to 1420 mm.

The pipe piles were shipped in containers. (Ukrainian metal)

Russia: Stoylensky GOK output up in 2018

In 2018 Stoylensky Mining and Processing Works increased concentrate output by 8% YoY, to 17.4 million tons, having become the second largest producer in Russia.

Sinter ore manufacture totaled 1.5 million tons.

Pellets output was 6.7 million tons, up by 12%. (Ukrainian metal)

Ukraine: AMKR informs public about the intention to obtain permits for emissions from Metallurgical Production and Mining Department

ArcelorMittal Kriviy Rih held public hearings on the intention to obtain air emissions permit from stationary sources of the industrial site No. 1 of Metallurgical Production and Underground Mining Department. The hearings were held with the participation of public environmental NGOs, deputies of the City Council, the residents of the city, as well as experts…

Russia: Polyus IFRS net profit down in 2018

The net profit of Russian gold producer Polyus plummeted by about 60% YoY, to 29.266 billion rubles in 2018, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on February 11. Revenue rose by 16.4% YoY, to 184.692 billion rubles in 2018. Gross profit gained 17%, to 117.347 billion rubles,…

Kazakhstan: country to remain uranium-mining leader

Kazakhstan will remain the world’s leader in uranium mining despite the complicated situation on the global market, said Minister of Energy of Kazakhstan Kanat Bozumbayev. “Now there is an oversupply of uranium and this trend continues,” he told the extended board meeting of the Ministry of Energy. According to the ministry’s press service, in 2018,…

Russia: Druza gold output down in January 2018

In January Druza LLC extracted 68.3 kg of gold, down by 2.4% YoY.

At present the company is developing the Nevskoye gold ore deposit in Irkutsk region.

The development of alluvial sites will start in May and last through October.

In 2018 Druza LLC yielded 944.4 kg of ore gold. (Ukrainian metal)