Ukraine: budgetary efficiency from bill on scrap metal export duty estimated at $38.3 million per year

Head of the parliamentary committee on industrial policy and entrepreneurship Viktor Halasiuk says the budgetary efficiency from the bill, which established a duty on scrap metal exports from Ukraine, is estimated at UAH 1 billion ($38.3 million) per year. “Raw materials must remain within the country. They must be processed into finished products to create…

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Ukraine: Sukhaya Balka output up in January-April 2018

In January-April Sukhaya Balka increased iron ore output by 24.6% YoY, to 836 thousand tons.

In particular, in April the mine produced 216 thousand tons of ore.

Sukhaya Balka was sold to DCH in May 2017. (Ukrainian metal)

Russia: Revda Works starts another modernization stage

The heaviest parts of the SMS Group press have already been assembled.

In particular, the hydraulic tank has the volume of 30 thousand liters and weighs 33.5 tons.

The press No. 3 was assembled with the help of a portal system.

The press has been previously repaired by Uralmashzavod. (Ukrainian metal)

Russia: ZEMZ conquering new sales markets

Zlatoustovsky Electrometallurgical Works has confirmed its reputation of competitive supplier of high quality steels and alloys both to domestic and foreign markets.

In May the company concluded an agreement with a well-known manufacturer from Hungary.

The trial batch of metal already produced will be shipped in June. (Ukrainian metal)

Ukraine: Donbass terrorists to make AMK and KhTZ work for pipeline creation

The terrorist organizations of the Lugansk and Donetsk People’s Republics, created and supported by Russia, intend to start producing large diameter pipes within the cooperation program of Alchevsk Iron and Steel Works and Khartsyzsk Pipe Works. Both companies are controlled by Vneshtorgservice of the fugitive oligarch Sergey Kurchenko. The electricity line will be repaired soon,…

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Kyrgyzstan: KAZ Minerals exports 10 tons of gold concentrate

Since 2015 KAZ Minerals Bozymchak has exported 9,760 tons of gold concentrate from Kyrgyzstan, the State Service for Combating Economic Crimes reported. The audit report of the Accounting Chamber confirmed the data. “In December 2017 the Investigation Department of the State Service for Combating Economic Crimes instituted criminal proceedings under the article “Abuse of power…

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