In January, Mariupol Ilyich Iron and Steel Works increased rolled metal output by 22.5% YoY, to 355 thousand tons. Steel manufacture grew by 3%, to 360 thousand tons, and pig iron – by 2.6%, to 354 thousand tons. In 2020, the company produced 3.67 million tons of rolled metal, 3.05 million tons of steel and…Details
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In January, Ukrainian by-product coke plants decreased metallurgical coke manufacture by 2.2% YoY, to 845 thousand tons. In particular, Avdiivka Coke Plant decreased output by 6.3%, to 239 thousand tons, Azovstal – by 3.4%, to 112 thousand tons, Dneprovsky By-Product Coke Plant – by 3.9%, to 49 thousand tons, and Zaporozhkoks – by 2.3%, to…Details
This year, Amur region is expected to produce 23.5 tons of gold. Alluvial gold will account for 8.5-8.6 tons and ore gold – 15 tons. Last year, the region produced 23.7 tons of gold. 69 companies extracted gold in 2020. (Ukrainian metal)Details
In January, Electrostal (Kurakhovo, Donetsk region) didn’t produce anything, while in January 2020, 3 thousand tons of billets were produced. In December 2020, the enterprise was also idle, while in November 2020 it produced 2 thousand tons and in October 2020 – 10 thousand tons. Electrostal was idle in January-March 2019 and October 2019. The…Details
On September 7 – November 28, 2020, the British Orsu Metals extracted 176 thousand tons of ore with the average gold content of 1.41 g per ton at the Sergeyevskoye deposit in Zabaikalye region. The company produced 155.7 kg of gold (5 thousand ounces). Sales amounted to 175 million rubles ($2.3 million). Ore was processed…Details
Ukrainian metal companies support the prolongation of the current export duty on scrap in the amount of 58 euro per ton. “The export duty has brought a lot to the budget. Payments to the budget from the processed scarp exceeded export payments 8.5-fold. In September, the duty expires. We ask the government to keep the…Details
Prime Minister Nikol Pashinyan has said the country should take measures to make investment programs in the mining sector “more manageable and acceptable” for the society. Addressing a Cabinet meeting, Pashinyan expressed hope that the government would manage to make important decisions, including on the Amulsar gold mine. “This topic should be discussed, taking into…Details
In January, scrap companies increased deliveries by 53.7% YoY, to 283.7 thousand tons. Metal companies were provided with ferrous scrap on the level of 142.6%. As of February 1, scrap stocks totaled 170-175 thousand tons. Metinvest enterprises and Dneprovsky Iron and Steel Combine received 171.5 thousand tons, up from 101.9 thousand tons in January 2020.…Details
In January, metal companies received 283.7 thousand tons of scrap, up by 53.7% YoY. Metinvest enterprises and Dneprovsky Iron and Steel Combine were the largest customers – 171.5 thousand tons, up by 82.8%. Interpipe Steel received 44.6 thousand tons (+2.4%) and ArcelorMittal Kriviy Rih – 58.1 thousand tons (+77.1%). As of late January, scrap stocks…Details
Azerbaijan’s gold mining company AzerGold increased revenues from the export of precious metals by 29% YoY in 2020, AZN 186.5 million ($109.7 million), the company’s CEO Zakir Ibrahimov reported. Ibrahimov stated that sales of gold amounted to 59,400 ounces, while silver to 119,400 ounces in 2020. Gold topped the list of non-oil goods exported last…Details
In 2020, Interpipe transferred 2.54 billion UAH to the budgets of all levels, down by 22% YoY, mostly due to the drop in output. Payments to the state budget decreased by 28%, to 1.56 billion UAH, and to local – by 9%, to 566 million UAH. Each ton of metal produced at Interpipe last year…Details
On February 1, a strike began at the Yasinovataya By-Product Coke Plant. Later it was joined by Makeevkoks. On February 2, the employees were paid 12% of their monthly wages and were asked to return to work. But the employees continued striking demanding their salary debts to be cleared. If the strike goes on at…Details