European integration of Ukraine is very important for the local mining and metallurgical complex. “The Ukrainian metal sphere was among the first to choose the European way of development. Europe has been our main consumer for the last 15 years. And for over 10 years we’ve been considering Europe our home market. So the European…
In January-August mining companies of Zabaikalye region mined 7772 tons of gold and 30657 tons of lead concentrate, up by 14.45% and 20.15% YoY respectively. According to the Ministry of natural resources and industrial policy of the region, zinc concentrate output, on the other hand, dropped by 2.45% YoY, to 4.89 thousand tons. (Ukrainian metal)
Russian President Vladimir Putin issued a number of assignments after the meeting on rare-earth metals production and consumption held in Velikiy Novgorod on July 29, website of the Kremlin said. In particular, the government is tasked “to consider reduction of the mineral extraction tax (MET) rate in respect of rare and rare-earth metals” by December…
Because of the Ukrzaliznytsia problems with cargo transportation, metal works suffer from raw materials deficiency and lose market opportunities and export revenues. “Weak spots in railroad infrastructure, shortage of locomotives and fuel, ineffective coordination of Ukrzaliznytsia resources cost our country some $1.8 billion of not received foreign currency revenues in metal sector. And that’s almost…
In January-July Ukrainian metal companies consumed 7.5 billion kWh of electricity, up by 6% YoY. Electricity consumption in 2015 dropped by 13% YoY, to 12.4 billion kWh. In January-July Ukraine produced 14.49 million tons of steel, 14 million tons of pig iron and 12.68 million tons of rolled metal, all up by 10.5%, 16.3% and…
At present Ukrzaliznytsia cannot transport cargo for mining-metallurgical complex of Ukraine in full due to the lack of cars and trains, as well as weak purchases of fuel and spare parts. “This is mostly our fault. We can’t satisfy the needs of our clients”, said the state enterprise head Wojciech Balczun. According to him, Ukraine…
According to the Ilyichevsk trade seaport, as of July 11 there were 4 vessels under loading/unloading at its quays. Terminal 1 saw unloading of slabs for further loading onto vessels. This is the new cargo. The port also stocks sheet, rolls and wire rod. In July-August it plans to process 26.26 thousand tons of Metinvest-Shipping…
In January-May Ukraine sold 660.8 billion UAH worth of industrial products (588.2 billion UAH in January-May 2015), including 177.2 billion UAH exported (174.5 billion UAH). According to the State Statistics Committee, metal and metal wares accounted for 17% of the total volume, while mining products totaled 12.1%. In May mining sales went up by 15.7%…
