In January-September Ukraine produced 101 thousand tons of metal structures, up by 6% YoY. The share of enterprises with the output of more than 5 thousand tons has grown. At the same time the number of enterprises with the output below 2 thousand tons has decreased. More than half of the companies demonstrated an increase…
DetailsAvdiivka Coke and Chemical Works has repaired the surgery and traumatology department of a local hospital, which now services also people from the nearby villages. The hospital was destroyed by shelling from the Russia-supported terrorists, and the doctors had to move to an old smaller building. Now they have returned to renewed premises. Avdiivka Coke…
DetailsIn January-September consumption of metal structures in Ukraine grew by 3.16% YoY, to 98 thousand tons. Output in the non-housing construction segment increased the most – by 50.5%, to $1.22 billion. Construction companies account for 80% of local demand for metal structures. (Ukrainian metal)
DetailsVEB.RF has provided the first tranche to finance development of the design documentation on the Tomtor rare-earth metals deposit. The loan agreements between VEB.RF, Vostoc Engineering and Krasnokamensk Hydrometallurgical Works were concluded in September. The total amount of the loan is 1.5 billion rubles. The Tomtor deposit is situated in the Republic of Sakha and…
DetailsThe Alardinskaya mine has become a leader in fulfilling annual output targets among Raspadskaya Coal Company enterprises. The mine has extracted 2.52 million tons of coal. Most of the coal was mined from the long face 6-1-20 commissioned in March. Monthly output amounted to 300-350 thousand tons. (Ukrainian metal)
DetailsIn January-September the demand for ChTPZ large-diameter pipes grew by 56 thousand tons, or by 2% YoY. In particular, the demand on the domestic market increased by 104 thousand tons, or by 6%, while on the CIS market dropped 3.5-fold, to 213 thousand tons. Exports to far countries went down by 39%, or by 246…
DetailsIn September Russia exported 15 thousand tons of aluminum wire, down by 4% MoM, but up by 52% YoY. Deliveries to Poland dropped 2-fold, to 940 tons, and to Belarus to 2.6 thousand tons (from 2.7 thousand in August). At the same time exports to Switzerland grew by 13%, to 4.1 thousand tons, and to…
DetailsLithuanian and German law enforcement detained 30 suspects in operation targeting illicit traders in precious metals, with over 1 million euros seized in cash. “Coordinated measures have been taken in Germany and Lithuania, officers have seized 1.03 million euros in cash,” Darius Valkavičius, a chief prosecutor at the regional prosecutor’s office in Kaunas, Lithuania’s second-largest…
DetailsBelarus Iron and Steel Works has signed agreements to supply metal products valued at $40 million to Russia. The company has participated in the MetalExpo exhibition, where the corresponding contracts have been signed. In particular, Russian companies were interested in purchasing seamless pipes, rolled wire, structural rolled metal and wire. Russia is the main importer…
DetailsDarasunsky Mine LLC has created an enterprise in Zabaikalye region – Talatuysky Mine LLC. The company owns 95% in the new enterprise, and Vulkan LLC – another 5%. The main activity of the enterprise is extraction of precious metals ore and sands. Darasunsky Mine LLC owns a license to mine for gold and silver at…
DetailsSouth Caucasus Railroad CEO Sergey Valko and GeoProMining president Roman Khuoliy have signed an agreement of cooperation to transport gold-bearing ore from the Sotskoye deposit to the Ararat gold-extracting factory in 2020. This year it is planned to transport 1.5 million tons of ore en route Zod-Ararat, up by 15% YoY. Next year the transportation…
DetailsIn September Russia exported 8.2 thousand tons of copper rolled wire, down by 50.5% MoM and by 46% YoY. Deliveries to Kuwait dropped from 5.6 thousand tons in August to 3.1 thousand tons. Exports to Belarus decreased by 14%, to 1 thousand tons, and to Egypt – by 40%, to 478 tons. In 9 months…
DetailsThe Union of gold manufacturers believes that in 2019 Russia will produce 350 tons of gold, up by 6% YoY. The previous forecast was 340 tons, up by 3% YoY. In January-June Russia increased gold output by 11% YoY, to 142 tons. (Ukrainian metal)
DetailsNext year Electrostal Tyumeni intends to increase its portfolio of rolled metal products. In particular, the company will start producing strips and angles of lesser size. Another UGMK-Stal company – Nadezhdinsky Iron and Steel Works – has developed a program to produce quality bearing steel. The combined output of two companies is some 1.1 million…
DetailsSeverstal intends to decrease CO and CO2 (greenhouse gas) emissions by implementing a new technique to process iron ore concentrate at Olenegorsk Mining and Processing Works. The ecological effect will be reached by increasing the quality of the iron ore concentrate produced at Olkon. High iron content allows decreasing the usage of fluxes (limestone) in…
DetailsRussian steelmaker Severstal has invested about 1 billion rubles in an upgrade of subsidiary Izhora Pipe Mill that would allow the plant to produce electric welded pipes with diameters starting from 508 millimeters. The upgrade’s goal is to set up production of pipes for the Yuzhno-Kirinskoye gas condensate field of Gazprom. The plant expects production…
DetailsIn January-October iron and manganese ore railroad transportation grew by 3.2% YoY, to 57.3 million tons. According to the State Statistics Service, transportation of ferrous metals dropped by 3.4%, to 16.1 million tons. Ferrous metals scrap transportation decreased by 18%, to 2.05 million tons, and coke – by 9.3%, to 3.7 million tons. (Ukrainian metal)
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