In June, the miners team Vitim, developing alluvial gold sites in Irkutsk region, extracted 302 kg of the precious metal. Since the start of the washing season, the enterprise has extracted 715 kg of gold, down by 19% YoY. This year Vitim intends to extract 2500 kg of gold. Thus, so far the target has…Details
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In January-June, scrap deliveries to metal companies decreased by 22.5% YoY, to 1.308 million tons. In June, deliveries dropped by 34.4%, to 212 thousand tons. Despite decrease in deliveries, metal companies were provided with scrap at the level of 115.3% in June and 99.5% in H1. As of July 1, scrap stocks amounted to 110-115…Details
Ukrzaliznytsia (Ukrainian Railways) sold 9 more lots of scrap. In total, the enterprise sold 16971 tons valued at 31.047 million UAH. Keramet LLC won 8 out of 9 auctions. Nikotrademet LLC won an auction on 457 tons of scrap valued at 1.92 million UAH. (Ukrainian metal)Details
In June, Zaporizhstal produced 366.2 thousand tons of pig iron, up by 27.9% YoY. In 6 months output grew by 2%. Steel manufacture in June increased by 1.2%, to 310.7 thousand tons, and rolled metal – by 2.5%, to 259.1 thousand tons. In January-June, Zaporizhstal produced 1.815 million tons of steel and 1.548 million tons…Details
In January-June, Irkutsk region extracted 10448 kg of gold, up by 8% YoY. Ore gold accounted for 7865 kg (+15) and alluvial gold – 2583 kg (-11%). At present 22 enterprises are extracting gold in the region. This year it is expected to extract 24737 kg of gold, including 15278 kg of ore gold and…Details
In April, Metinvest B.V. received $742 million of revenue, down by 13.2% MoM. EBITDA dropped by $45 million, to $126 million. In particular, the corrected metal division EBITDA totaled $64 million ($108 million in March) and mining division – $94 million ($100 million). Metal division revenue fell from $672 million to $580 million, while that…Details
In 2019, Ferrexpo paid over 2.8 billion UAH ($107.6 million) of taxes to budgets of all levels. In particular, 149.9 million UAH was paid to the local budget, over 403.2 million to the regional budget and 2228.3 billion UAH to the state budget. Payments in Ukraine accounted for 94.2% of all the group payments last…Details
The state enterprise Vostochniy Mining and Processing Works has ordered Brendstaf LLC the delivery of sulfur valued ay 24.9 million UAH. This year the company has to supply 8 thousand tons of granulated sulfur with the purity of not less than 99.95% manufactured by SNPS-Aktobemunaygaz (Kazakhstan) at 3113 UAH per ton ($116). In April, VostGOK…Details
In January-May, Khabarovsk region produced 8271.5 kg of gold, up by 5.6% YoY. In particular, ore gold accounted for 7515.7 kg, up by 4%. Since the start of the washing season (late April – early May) alluvial gold output has reached 755.8 kg, up by 25.2%. (Ukrainian metal)Details
In January-May, Ukraine decreased pipes output by 30% YoY, to 334.5 thousand tons. In particular, enterprises of the Ukrtruboprom association decreased output by 37.4%, to 225.1 thousand tons. Of them, Interpipe NTZ produced 63.1 thousand tons of pipes, down by 43.7%, Interpipe NMTZ – 28.7 thousand tons, down by 37.3%, and Interpipe Niko Tube –…Details
In the first half of the year, Ukrzaliznytsia put up 160.65 thousand tons of scrap for sale at the ProZorro auctions. Of them, 104.7 thousand tons valued at $433.2 million tons were sold. Of 11 auctions held on June 23, 4 have been successful. All the lots – 18 thousand tons of scrap valued at…Details
In January-May, Almalyk Mining and Processing Works exported 38 thousand tons of copper products with the expected target of 32.5 thousand tons, or up by 17%. In particular, the company exported 35660 tons of copper cathodes, up by 18.7% from the target (30050 tons). (Ukrainian metal)Details