The Ferrexpo board of directors suggests paying $0.132 per share in final dividends for 2020 compared with $0.033 for 2019. Overall dividends for 2020 will amount to $0.856 per share, as opposed to $0.198 in 2019. Subtracting the special interim dividends announced in Q1, the final payment will be $0.299 per share. The amount of…Details
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In January-March, Ukraine produced 5.29 million tons of steel, down by 0.5% YoY. Rolled metal manufacture grew by 1.4%, to 4.73 million tons, but pipes dropped by 3.7%, to 0.203 million tons. Ukraine also produced 8.22 million tons of sinter, up by 4.6%, and 5.31 million tons of pig iron, up by 4.3%. As of…Details
In March, Ukraine procured 291.9 thousand tons of scrap, down by 9.1% MoM. Scrap deliveries to metal companies dropped by 12.1%, to 259.1 thousand tons. In Q1, scrap procurement grew by 28.2%, to 931.1 thousand tons, and deliveries to metal companies – by 23.1%, to 837.7 thousand tons. Export went up 4.3-fold, to 49.1 thousand…Details
In March, Kazakhstan produced 374 thousand tons of steel, up by 7.3% YoY. In Q1, output grew by 8.2%, to 1.044 million tons. Manufacture of flat rolled metal went up by 29.3%, to 257 thousand tons, in March, and in three months – by 26%, to 663 thousand tons. Kazakhstan also produced 158 thousand tons…Details
In March, Ukraine exported 43 thousand tons of pipes, down by 4.6% YoY, valued at $49.1 million, down by 5.2%. In Q1, exports grew by 6.5%, to 113.3 thousand tons valued at $128.4 million, down by 1.8%. Seamless pipes accounted for 76.8 thousand tons valued at $100.4 million and other pipes and tubes – 35.2…Details
In January-February, the Central Mining and Processing Works decreased pellets output by 4.6% YoY, to 400 thousand tons. Concentrate manufacture totaled 190 thousand tons. Last year, pellets output decreased by 5.4% YoY, to 2.27 million tons, while concentrate grew by 10%, to 4.904 million tons. (Ukrainian metal)Details
On April 14, 13 online auctions will be held to sell subsoil sites, including the Selischansky site with titanium ore reserves. The site is situated in Zhytomir region and its size is 1857 ha. Prospecting work was carried in 2007-2011. The initial price of the 5-year license to develop the site is over 3 million…Details
MirBlagMet LLC has set its output target for this year on the level of 90 kg of alluvial gold. The company is developing deposits in Amur region. In particular, the gold is extracted at the Bom River and the Dugda River. Sand washing will begin in late May. In 2020, the company extracted 84.5 kg…Details
Goldregion LLC, developing alluvial gold deposits in Amur region, intends to extract 80 kg of gold this year. The company owns a license to develop the Malaya Gelenka deposit and is prospecting at the Asmakan site. Sand washing will start in late May – early June. Last year, the company extracted 77 kg of gold.…Details
In March, Ukraine exported 59.3 thousand tons of ferroalloys valued at $74.7 million, down by 1.4%, but up by 12.6% YoY respectively. According to the customs statistics, in Q1 exports dropped by 25.8%, to 147.7 thousand tons, valued at $172.2 million, down by 17%. The share of the ferroalloys in exports was 1.25%. The main…Details
In January-March, Ukraine increased ferrous metals scrap exports 4.3-fold YoY, to 49.11 thousand tons, including 18.92 thousand tons in March. According to the State Customs Statistics, in monetary terms exports grew 5.7-fold, to $16.65 million. Imports went up by 85.2%, to 5.61 thousand tons valued at $9 million, up 2.5-fold. The main suppliers were Turkey…Details
In 2020, VTB provided 2.5 billion rubles to gold extractors of Yakutia, up by 2% YoY. The volume of precious metals bought in Yakutia grew by 9%, to over 4 tons, including 3.7 tons of gold (+4%) and 0.3 tons of silver (+125%). “In the corona-stricken year of 2020, the prices of gold and other…Details
In January-March, Ukraine decreased iron ore raw materials exports by 4.8% YoY, to 10.659 million tons valued at $1.72 billion, up by 95.1%. According to the State Customs Service, China imported the most in monetary terms (43.43%), followed by Poland (9.42%) and the Czech Republic (8.77%). Imports amounted to 1.053 thousand tons at $47 thousand…Details