A single service for geological exploration of uranium, precious and non-ferrous metals will be created in Uzbekistan under the State Geology and Mineral Resources Committee, according to the decree of Uzbek President Shavkat Mirziyoyev. The decree published on June 16 reads that the Scientific and Production Center “Geology of Precious Metals and Uranium” of the…Details
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The salary of Evraz DMZ and Evraz Yuzhkoks employees has gone up by 15% since June. According to Evraz statement, since the beginning of the year the increase has been 18.3%. The average wages at Evraz Ukrainian companies is now 8829 UAH. The group also intends to spend 63 million UAH to improve labor conditions.…Details
In May metal companies received 700 thousand tons of coke, up by 80 thousand tons MoM, with 3.5 million tons of local coke supplied in January-May, down by 26% YoY. Imports saw 75 thousand tons (as in April), and 355 thousand tons in 5 months, down by 8% YoY. Taking imports into account, metal companies…Details
In May by-product coke plants received 320 thousand tons of local coal, up by 100 thousand tons MoM, with 1.6 million tons (down by 38% YoY) delivered in 5 months. Imports in May increased by 10 thousand tons MoM, to 790 thousand tons, but dropped by 17% YoY, to 4.3 million tons, in January-May. Thus…Details
In May metal companies received 2 million tons of local iron ore raw materials, up by 160 thousand tons MoM. In January-May the deliveries dropped by 12% YoY, to 10.3 million tons. May, as well as April, saw now imports of iron ore raw materials. In 5 months imports reached 90 thousand tons, down by…Details
In January-April Russian raw nickel exports totaled 48 thousand tons valued at $462 million. According to the customs statistics, this is down by 30.7% and by 20.8% YoY respectively, and the lowest indexes for the last 10 years. (Ukrainian metal)Details
Polymetal has received 3 licenses in the Primorye region with the combined reserves of 1 thousand tons of silver and 2 tons of gold. Previously the license-holder for the sites was Primorye Mining Company Vostok. The Kumirny site is the most interesting to the company, as its estimated reserves as of 2010 were 440 tons…Details
Within the program of developing cooperation with Yichang, Zaporizhstal has been visited by a delegation headed by the deputy mayor. The guests have been shown ecological modernization projects, including the reconstruction of the blast furnace No. 3 with investments at 1.5 billion UAH and the modernization of the sintering factory gas-purifying machines. “We have something…Details
Despite the decrease in sales at the start of the year due to the low customer activity on the background of the high prices, Staltrans has been able to stabilize and even strengthen its positions on the metal wares market. In March the company sold 3883 tons of wares, up by 17.5% MoM, while the…Details
Trubodetal Works, a part of OMK, has confirmed the correspondence of its quality, environment and labor safety management systems according to ISO and OHSAS. The audit has been carried out by TUV NORD CERT GmbH, which has recommended providing Trubodetal with the new certificates of ISO 9001:2015 and ISO/TS 29001:2010 as well as confirming OHSAS…Details
Evraz has finalized the deal on selling 100% of Nakhodka sea trade port to its main shareholder Lanebrook Limited for $354.4 million. In May Evraz sold its Ukrainian Evraz Sukhaya Balka mine to Berklemond Investments Ltd. In March Evraz announced it was selling Yuzhkoks. And in 2015 it sold Dneprodzerzhinsk Coke Plant to Lanebrook Ltd.,…Details
PJSC ArcelorMittal Kriviy Rih has carried out the first transactions for acquisition of the premises in “Zhukovka village” (Lavrenyova and Chystopilska streets of Saksahanskiy district of Kriviy Rih city). The purchase and sales transactions were carried out in line with the legislation of Ukraine and with the company’s previously announced offer to purchase here each…Details
Russian coal producer Raspadskaya will consider paying final dividends for 2017, investment company Aton said in a research note after meeting with representatives for Raspadskaya’s parent company Evraz. But the company does not want to rush with dividends, as good financial results for January-June may be temporary due to the pressure from the rising ruble…Details