In January, Russia produced 18.92 tons of gold, down by 1 ton YoY. Ore gold output amounted to 15.56 tons, down from 16.12 tons. Amur region demonstrated the largest drop – by 45.9%. Krasnoyarsk region increased output by 6%, to 3.8 tons, and Chukotka by 13%, to 1.8 tons. Magadan region decreased output by 3.2%,…Details
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In January-March, Sukhaya Balka decreased iron ore manufacture by 3.1% YoY, to 421.730 thousand tons. In March, 219.830 thousand tons of ore was mined. Last year, output decreased by 6.3% YoY, to 2.554 million tons. The capacity of the mine is 3.1 million tons of ore per year. Sukhaya Balka employs 3.5 thousand people. (Ukrainian…Details
In January-March, Mariupol Ilyich Iron and Steel Works increased rolled metal output by 15% YoY, to 1 million tons. Steel manufacture grew by 2.2%, to 1.07 million tons, pig iron – by 11.3%, to 1.21 million tons, and sinter – by 14.8%, to 3.35 million tons. In March, the company produced 350 thousand tons of…Details
In January-March, Ukraine scrap procurement grew by 28.2% YoY, to 930 thousand tons. The growth was due to high purchasing prices of metal companies. In Q1, metal companies received 837.7 thousand tons of scrap, up by 23.1% YoY. Stocks are estimated at 180 thousand tons. Exports amounted to 49.1 thousand tons, up almost 3-fold YoY.…Details
In March, Energomashspetsstal shipped 1730 tons of products. Exports grew by 76% YoY. The lion’s share was produced for the nuclear industry, including foreign NPPs. Azovstal and InGOK received a hot metal ladle with the volume of 140 tons and a head winch for the EKG-10 excavator respectively. (Ukrainian metal)Details
Interpipe will increase the wages of its employees on average by 10%. The increase will depend on the division and category. Thus, in pipe and machine-building divisions the wages will grow by 10% from June 1. In railroad division the salaries will also grow by 10%, but in two stages – by 5% from June…Details
Uzbekistan has discovered a new deposit with 133 tons of gold reserves, the State Committee for Geology and Mineral Resources reports. According to Asror Rustamov, head of department at the Committee, several new deposits were registered throughout the republic in 2020. Among them, the Chukurkuduk deposit with 133 tons of gold. Another deposit with estimated…Details
The Verkhovna Rada Committee on the integration of Ukraine into the European Union has approved of the bill No. 5175, which suggests prolonging the export duty on scrap in the amount of 58 euros per ton for 5 more years. The committee members have recommended the Committee on the Economic Development together with the Ministry…Details
In March, Zaporizhstal increased steel output by 14.1% YoY, to 343.7 thousand tons. Pig iron output grew by 10.8%, to 394.3 thousand tons, and rolled metal – by 24.6%, to 291.5 thousand tons. The increase in manufacture is due to shut down of the blast furnace No. 5 in March 2020 for repair. In Q1,…Details
Azovstal is launching its blast furnaces Nos. 2 and 3 after capital repairs. A loading device with the diameter of 5,000 mm has been replaced at the blast furnace No. 2. A new LB350-1 moisture analyzer produced by Berthold Technologies has been assembled at the blast furnace No. 3. 156 million UAH was invested in…Details
Last year, Interpipe Steel mastered the manufacture of 19 steel grades. In particular, the company learned to produce 14 new steel grades for pipe manufacture and 5 for the transport segment. In 9 years of operation, Interpipe Steel has mastered the manufacture of almost 540 grades. ER7 steel alloyed with sulfur was supplied to MWL…Details
The US International Trade Commission will impose duties on the import of pipes from Interpipe. The commission explains its decision by the damage to the American manufacturers from the Interpipe dumping while supplying pipes to the country. Interpipe sold pipes at the price 42.2% below the economically justified level. The company supplied around 40 thousand…Details
Uzbekistan has sold 687 tons of gold over the past decade, the Central Bank reports. Some 100 tons of gold were exported in 2020. The lowest amount of gold (10 tons) was sold in 2012, with the maximum amount in 2019 (110 tons). Gold prices have also changed during this period. While an ounce of…Details