In November 2019 Russia exported 1.8 thousand tons of raw chrome, up by 2% MoM and by 17% YoY. Deliveries to US grew from 348 tons to 504 tons, while to the Netherlands dropped by 2%, to 1.2 thousand tons. In 11 months of 2019 exports totaled 17.6 thousand tons, up by 1% YoY. In…Details
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Uralelectromed has started assembling the roof of the copper electrolysis shop third stage main premises. So far 34 plates out of 488 have been assembled. At the same time, metal constructions are also erected. The zero cycle concrete work of foundation has been 95% completed. All the zero cycle works will be finished in summer.…Details
In order to safely transport employees Evraz KGOK has purchased 11 units of new machines. Investments totaled some 30 million rubles. To transport repairmen in quarries the company has bought 5 GAZon Next cargo vehicles, 4 Ural buses and two PAZ buses. (Ukrainian metal)Details
The stake of multi-industry holding En+ Group in the Russian aluminum giant UC RUSAL has grown to 56.88% following the closure of an asset swap with Swiss trader Glencore, En+ Group said in a statement on February 3. “The company announces conclusion of the second stage of the agreement on a swap of securities with…Details
At the public hearings, ArcelorMittal Kriviy Rih presented EIA report of the project for construction of Tretya Karta tailing pond – water-engineering structure designed to dispose of mill tailings. The new facility of mining and beneficiation complex is planned to be constructed in the territory of Shyrokovskiy district – on land plots, which are in…Details
In 2019 Ukraine produced 1.002 million tons of pipes, down by 9.1% YoY, with 64 thousand tons produced in December 2019. Ukrtruboprom enterprises decreased output by 10.2%, to 715.1 thousand tons (41.1 thousand tons in December 2019). In particular, Interpipe-NTZ produced 218 thousand tons (13.7 thousand tons), down by 21.8%, Interpipe NMTZ – 103.3 thousand…Details
In 2019 Izhstal increased sales of high added value products. In particular, sales of stainless steel products grew by 8%, and stainless steel with nickel – by 7%. Sales of cold-rolled strips increased by 4%. Izhstal also sold 42% more steel with special treatment. (Ukrainian metal)Details
In November 2019 Russia exported 1.6 thousand tons of aluminum foil, down by 26% Mom, but up by 124% YoY. Deliveries to US dropped from 1.5 thousand tons to 1.1 thousand tons, to Belarus – by 17%, to 276 tons, and to Kazakhstan – by 42%, to 70 tons. At the same time Ukraine increased…Details
The Arbitrary Court of Moscow has declared ineffective the decree of the Federal Agency on Subsoil Use on the revocation of license to prospect and mine gold ore at the Zegengolskoye deposit in the Republic of Buryatia issued to the Mining Company Olimp LLC. The 9th Arbitrary Court of Appeals declared the decree ineffective in…Details
Severstal has announced its capital investment program for 2020. Severstal plans to invest approximately 110.5 billion rubles in 2020, focusing on the key areas of the company’s updated strategy as disclosed during its Capital Markets Day in November 2019 – providing a superior client experience, maintaining cost leadership and embracing new opportunities. However, as previously…Details
Last week, the price of one ounce of gold increased by over 26.3 manats ($15.4) or by 0.9%, to 2,677 manats ($1,574). The price of one ounce of silver decreased by 0.05 manats ($0.03) or by 0.2%, to 30.3 manats ($17.8). The price of one ounce of platinum dropped by 41.5 manats ($24.4) or by…Details
President Volodymyr Zelensky has called on the United States to cancel for Ukraine the 25% duty on steel imports. He stated this at a joint press conference with U.S. Secretary of State Mike Pompeo. “We also expect that the United States will be able to remove trade restrictions such as the 25% protective tariff on…Details