In January-March, Russia produced 46.85 tons of gold, down by 2.58% YoY. Auxiliary gold output dropped by 12.16%, to 3.8 tons, gold extracted from scrap and waste – by 12.14%, to 7.36 tons, and gold in concentrate – by 27.1%, to 2.96 tons. Polyus yielded 18.4 tons of gold. Mangazeya Mining increased output by 452%,…Details
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In January-May, ArcelorMittal Kriviy Rih decreased rolled metal production by 2.6% YoY, to 1.92 million tons. Steel output grew by 1.4%, to 2.03 million tons, pig iron – by 10.9%, to 2.32 thousand tons, and sinter – by 7.1%, to 4.07 million tons. In May, AMKR produced 400 thousand tons of rolled metal, 430 thousand…Details
Products for nuclear industry account for a major share in the Energomashspetsstal’s exports. In May, the company shipped steel billets for three nuclear power plants situated in Turkey, India and China. Deliveries included shells, flanges, pipes, bottoms and other reactor parts. EMSS also shipped its products to Germany, Italy, France and Finland. (Ukrainian metal)Details
In January-March, Russia produced 60.986 tons of gold, down by 5.99% YoY. Volumes of extracted gold decreased by 2.58%, to 46.848 tons, while by-product and secondary gold manufacture dropped by 12%, to 3.8 and 7.376 tons respectively. Gold concentrate output fell by 27.1%, to 2.962 tons. Silver manufacture decreased by 7%, to 289.7 tons. Russia…Details
A new cold-rolling shop will be built at the Mariupol Ilyich Iron and Steel Works. This will be one of the first steps to relocate capacities from the downtown. A corresponding contract valued at $1 billion was signed this week. Metinvest plans to relocate all the manufacturing capacities away from the center of Mariupol. “An…Details
In January-May, the Ukrtruboprom enterprises increased pipe output by 11.8% YoY, to 249.5 thousand tons. In particular, Interpipe Niko Tube increased output by 46.1%, while Centravis decreased by 8.6% and Interpipe NMTZ – by 21.3%. In May, 67 thousand tons of pipes were produced, up by 53.3% YoY and by 17.3% MoM. (Ukrainian metal)Details
This year, Daksib LLC intends to extract 140 kg of gold at the Irkutsk region alluvial deposits, up by 28% YoY. Washing is being carried out at licenses sites within the Bolshoy Makalak River. The output growth will be achieved thanks to the increase in machinery fleet. Operation started in May and would last till…Details
In January-March, Centravis increased average salaries of its employees by 15% YoY, to 19.03 thousand UAH. Average salary at the enterprise amounts to 14.7 thousand UAH. In particular, rollers receive 22.9 thousand UAH, pressmen – 20.8 thousand UAH, repairmen – 17.6 thousand UAH and pipe cutters – 15 thousand UAH. Last year, Centravis decreased stainless…Details
The United States International Trade Commission (USITC) intends to prolong for 5 years the antidumping duties on edged carbon steel rolled plate imports from Ukraine. The USITC has come to a conclusion that the cancellation of antidumping duties would result in a dumping of metal products on the American market and damage the local manufacturers.…Details
In 15 years, Metinvest has produced over 142 million tons of steel, which equals 20 thousand Eiffel towers. The steel produced by the group was used in the reconstruction of the Darnitskiy Bridge and the Olympiiskiy Stadium in Kyiv. Moreover, Metinvest steel was used in the construction of the UK’s highest building – The Shard,…Details
In May, ArcelorMittal Kriviy Rih was the largest receiver of VAT among metal companies – 1.05 billion UAH as opposed to 556.2 million UAH in April. Zaporizhstal was reimbursed 538.8 million UAH against 700.9 million UAH in April. Mariupol Ilyich Iron and Steel Works received 465.6 million UAH, down from 500 million UAH in April.…Details
In January-May, Sukhaya Balka increased iron ore output by 0.8% YoY, to 1.989 million tons. In May, the enterprise produced 228.4 thousand tons. The capacity of the mine is 3.1 million tons per year. It includes the Yubileynaya Mine and the Mine named after Frunze. (Ukrainian metal)Details
Interpipe has concluded a 3-year agreement with the Societe Nationale Industrielle et Miniere of Mauritania on the supply of locomotive wheels with the diameter of 1076 mm according to AAR. SNIM is the sole owner of railroad infrastructure with the length of 704 km. The railroad connects the city of Zuerat with the port city…Details