Russia: Irkutsk region obtains 5.4 tons of gold

In January-May Irkutsk region obtained 5431.42 kg of gold, with 1126.58 kg being alluvial gold, and the rest (4304.84 kg) ore gold.

In January-April the region yielded 3704 kg of gold.

This year the target is 21277 kg of gold, down by 2 tons YoY. (Ukrainian metal)

Ukraine: scrap export-import in January-May 2017

In January-May Ukraine exported 101.86 thousand tons of ferrous scrap, down by 50.7% YoY, valued at $21.586 million, down by 40.5%. According to the State Fiscal Service, scrap imports increased by 18.2%, to 11.954 thousand tons valued at $10.248 million, up 3.6-fold. The main suppliers of scrap were Turkey (84.25%), Moldova (7.9%) and Russia (4.18%),…

Ukraine: Lvivugol miners to be paid 34.5 million UAH of salary debt

On June 7 Lvivugol received 34.5 million UAH for the sale of coal.

All the money was spent to clear April salary debt to miners.

Earlier the miners informed of the intention to block the international Lviv – Rava-Russkaya road if they were not paid salary for April. (Ukrainian metal)

Ukraine: ferrous exports earnings up in January-May 2017

In January-May Ukraine increased earnings from ferrous metals exports by 24.5% YoY, to $3.378 billion. According to the State Fiscal Service, ferrous metals accounted for 19.59% of all export revenue (19.81% in January-May 2016). In May ferrous exports brought $737.999 million. At the same time, according to the customs statistics, Ukraine increased imports of ferrous…

Ukraine: ferroalloys exports up in January-May 2017

In January-May Ukraine exported 368.84 thousand tons of ferroalloys valued at $430.828 million, up by 4% and by 57.2% YoY respectively. According to the State Fiscal Service, the main importers were Turkey (25.87%), Italy (14.42%) and the Netherlands (10.04%). In 5 months Ukraine imported 24.447 thousand tons of ferroalloys valued at $53.017 million, up 2.1-fold…

Ukraine: increased scrap duty halves Russian HBI imports

In January-May Ukraine decreased imports of hot-briquetted iron from Russia by 97.8% YoY, to 980 tons. HBI is the scrap substitute in metal making.

According to the customs statistics of the State Fiscal Service, in money terms imports dropped by 96.1%, to $262 thousand.

All the imports came from Russia. (Ukrainian metal)

Ukraine: Zaporizhstal raises wages

Zaporizhstal has increased wages of its employees by 20% since June 1.

According to the company statement, its wages are among the highest in the Ukrainian mining and metal industry.

Within the program of improving working conditions Zaporizhstal will invest some 4 million UAH in installing climate control systems all over the place. (Ukrainian metal)

Russia: Kimkano-Sutarsky GOK produces 600 thousand tons of iron ore concentrate

Since being put into operation Kimkano-Sutarsky Mining and Processing Works has produced 600 thousand tons of iron ore concentrate.

In May the works produced 125 thousand tons.

The company management expects it to reach its target capacity in summer. (Ukrainian metal)

Uzbekistan offers 29 mineral deposits to foreign investors

Uzbekistan has offered 29 deposits of strategically important solid minerals, including 12 gold deposits, to foreign investors for industrial development. In accordance with the Uzbek government’s decree, published in the national legislation database, investors were also invited to develop eight deposits of tungsten and three deposits of uranium, iron and lithium, each. In addition, potential…