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Author Archives: admin

Ukraine: VostGOK to buy 20 million UAH worth of black oil

VostGOKBy admin06.03.2019Leave a comment

Vostochniy Mining and Processing Works has announced an auction to buy black oil with the expected cost of 20.19 million UAH. This year for its Ingulskaya and Novokonstantinovskaya mines in Kirovograd region the company intends to order 1230 tons of M-100 black oil valued at 16411 UAH per ton. Only two companies were allowed for…

Kyrgyzstan: Kyrgyzaltyn was on the verge of bankruptcy 3 years ago

goldBy admin06.03.2019Leave a comment

Chairman of the Board of Kyrgyzaltyn Almaz Alimbekov said how the company was saved from bankruptcy. – There is lot of criticism of Kyrgyzaltyn. How difficult is the situation in the company? – There are only two deposits in the structure of Kyrgyzaltyn OJSC now – Makmal and Solton-Sary. Reserves of both are depleted. We…

Ukraine: Lvivugol buys mining machinery for 100 million UAH

LvivugolBy admin06.03.2019Leave a comment

The state enterprise Lvivugol has concluded an agreement with Corum Trading LLC on the purchase of mining machinery valued at 107.4 million UAH. According to the agreement, the state enterprise will buy a CLS450 heading machine for 45 million UAH and an armored conveyer for 62.5 million UAH. The machinery will be operating at the…

Ukraine: VAT reimbursement in February 2019

VAT reimbursementBy admin05.03.2019Leave a comment

In February ArcelorMittal Kriviy Rih received the most of VAT returns – 1.342 billion UAH, up almost 2-fold MoM (723.6 million UAH). According to the State Treasury Service, Mariupol Ilyich Iron and Steel Works and Azovstal were among the top-3 VAT receivers with 1.108 billion UAH and 987.8 million UAH respectively (1.013 billion and 1.032…

Russia: Karelsky Okatysh puts new rolling stock in operation

Karelsky OkatyshBy admin05.03.2019Leave a comment

Karelsky Okatysh has put into operation a new train consisting of 12 dump cars. Unlike the previous model, the new dump cars can transport 10 tons more. Thus each car can now transport 115 tons of ore. The power of the locomotive allows moving the rolling stock loaded with over 2 thousand tons of ore.…

Russia: Rusal expecting domestic aluminum consumption to grow

RusalBy admin05.03.2019Leave a comment

According to Rusal, in 2018 Russian aluminum consumption increased to 1 million tons. The company intends to help the Russian market develop. The government has developed a program to increase processing capacities. According to the program, aluminum consumption on the domestic market will grow to 2.8 million tons by 2023. (Ukrainian metal)

Russia: Evraz NTMK masters manufacture of 14 new rolled metal products

Evraz NTMKBy admin05.03.2019Leave a comment

In 2018 Evraz NTMK mastered the manufacture of 14 new rolled metal sections. In particular, the wheel-tyre shop started producing 7 new types of railroad wheels. The bar shop mastered the manufacture of a tube billet with the diameter of 156 mm. The rail and beam shop began producing new rails for subway. The beam…

Ukraine: Metinvest buys 47 million UAH worth of scrap from Ukrzaliznytsia

Metinvest Group of Companies, scrapBy admin05.03.2019Leave a comment

On March 4, Metinvest-Resource LLC purchased 7.3 thousand tons of scrap valued at 47.2 million UAH at the trades in the ProZorro system. Metinvest-Resource is the sole supplier of scrap to Metinvest enterprises. The initial price of the lot 13B increased from 46.788 million UAH to 47.256 million UAH. Thus, 1 ton of scrap costs…

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