Boguslavets LLC intends to put the Malo-Tarynskoye gold ore deposit in operation and produce the first gold in spring 2020. This year prospecting work will continue. Design and construction of the manufacturing site will also be carried out this year. After commissioning the annual output is planned on the level of 2 tons of gold.…
In January Russia produced 4.4 million tons of pig iron, down by 4% YoY and by 1.4% MoM. According to Rosstat, rolled metal output dropped by 4.5% MoM, to 5.1 million tons. Pipe manufacturers decreased output by 7.7% YoY and by 10.7% MoM, to 0.882 million tons. (Ukrainian metal)
In January Ukrainian by-product coke plants imported 1.01 million tons of coking coal and coal concentrate, down by 2% MoM, but up by 11% YoY. In December 2018 coal imports totaled 1.03 million tons, as in November 2018. Local coal deliveries dropped by 8% MoM and by 9% YoY, to 250 thousand tons. In general,…
In January Ukrainian by-product coke plants produced 896 thousand tons of 6% moisture coke, down by 5.9% YoY. In December 2018 coke production was 924 thousand tons, up from 917 thousand tons in November 2018. Imports grew to 59 thousand tons in January from 28 thousand tons in December 2018. In October-November 2018 Ukraine did…
In January Ukrainian metal companies decreased natural gas consumption by 3% MoM and by 8% YoY. In December 2018 gas consumption grew by 13% MoM, to 170 million cubic meters. Electricity consumption in January was 1.01 billion kW-h, down by 1% MoM and by 6% YoY. (Ukrainian metal)
The Far Eastern Shipbuilding and Ship Repair Center (FESRC) Zvezda may begin using Russia-made steel instead of foreign with Magnitogorsk Iron and Steel Works (MMK) and Amurstal among the supplier options. Currently, steel for Zvezda is delivered from South Korea. In 2016, Rosneft and Ural Mining and Metallurgical Company (UMMC) established a joint venture to…
Starting from this week, new vehicle KrAZ-63221 that will deliver ArcelorMittal Kriviy Rih miners to workplaces at open pits and remote dumps has been released on the roads. In total, 5 such vehicles are used for these purposes in Mining Department, and the entire fleet of crew change vehicles at the plant amounts to 26…
The prices of precious metals increased on February 18. The price of gold grew by 18.258 manats, to 2,250.2900 manats per ounce compared to the price on February 15. The price of silver went up by 0.3925 manats, to 26.8884 manats per ounce. The price of platinum increased by 35.7 manats, to 1,370.2850 manats, and…
