In January-June, Ukraine produced 408 thousand tons of pipes, down by 29.4% YoY. Enterprises, incorporated in the Ukrtrubprom association, decreased output by 35.9%, to 272.1 thousand tons. In June, 75.4 thousand tons of pipes were produced, including 48.9 thousand tons by the association enterprises. Interpipe NTZ decreased output by 43.1%, to 77 thousand tons, Interpipe…Details
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Gold production of Russia’s Polyus rose by 16% QoQ, to 690,400 ounces in April-June, the company said in a statement on July 16. Sales revenue grew by 33%, to $1.148 billion, while the average price stood at $1,723 per ounce. Net debt fell to $2.506 billion from $3.056 billion. (Prime/Ukrainian metal)Details
In 2020, Central Mining and Processing Works will invest over 790 million UAH in the modernization of its large mining machines. In spring the company received 3 BelAZ-75131 trucks. The machines have started operating at the Gleyevatskiy quarry. Now the company operates 33 large dump trucks with the lifting capacity of 130 tons. The first…Details
In January-June, Ukraine produced 5.187 million tons of coke, down by 7.3% YoY. By-product coke plants received 6.51 million tons of coking coal, down by 8%, including 1.79 million tons of domestic coal (+31%) and 4.72 million tons of imported (+17%). The share of imported coal dropped from 80.6% to 72.5%. (Ukrainian metal)Details
In June, Ukraine exported 316 tons of metal scrap valued at $131 thousand, up by 51.9% and by 27.7% YoY respectively. According to the customs statistics, in the first half of the year, Ukraine decreased scrap exports by 54.2%, to 16.8 thousand tons valued at $4.3 million, down by 57.5%. The main customer was Turkey…Details
In the industrial season of 2020, the Baldja miners’ team intends to extract 420 kg of gold at the alluvial deposits in Zabaikalye region. Last year, together with contractors from China the team yielded 1045 kg of gold. This year, however, due to the pandemic, the company will be developing its sites on its own,…Details
In June, Ukraine exported 366.9 thousand tons of pig iron, up by 78.5% YoY, valued at $70.4 million, up by 46.9%. According to the customs statistics, in January-June, Ukraine exported 1.5 million tons of pig iron valued at $422.3 million, up by 22.8% and by 8% YoY respectively. USA imported the most pig iron –…Details
Azovstal has invested 1.2 million UAH in the purchase of a new reducer for the pinion stand of the mill-1040 main line in the rail fasteners shop. The company has already replaced a hardening drum, repaired metal structures of the sloping conveyer, as well as replaced some units and parts. The reducer will be assembled…Details
In January-June, Ukraine exported $3.9 billion worth of ferrous metals, down by 18.7% YoY. According to the State Customs Service, ferrous metals accounted for 17.01% of total export revenue as opposed to 19.6% last year. In June, ferrous metals export revenue totaled $604.12 million. In 6 months Ukraine imported $464.65 million worth of ferrous metals,…Details
The Ministry of Energy and Environment Protection has announced the start of development of two new uranium ore deposits in Dniepropetrovsk region. The ore will be mined on the territory of Surskoye and Novogurovskoye deposits. Average output at the Surskoye deposit will amount to 100-300 tons per year. The deposit will be in development for…Details
In January-June, Dneprovsky Iron and Steel Combine exported 83% of its products, or 1.34 million tons. 3 new countries joined the list of the company’s clients this year – the Dominican Republic, China and Cyprus. Bulgaria was the largest importer (193.4 thousand tons), followed by China (127.6 thousand tons), Saudi Arabia (98 thousand tons), the…Details
On July 8, the United Mining and Chemical Company employees received their wages for June in full. The company hopes to have no more delays in paying salary. The delay was short-termed. The situation was resolved within one day. The reason of the delay was the debt of counter parties in the amount of 1…Details