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Ukrzaliznytsia has announced 11 auctions to sell scrap with the combined weight of 71.4 thousand tons in the ProZorro.Sales system. The combined starting price is 467.9 million UAH. Average price is 6.553 thousand UAH per ton. The auctions will be held on March 9. Since the start of the year, the company has sold 51.3…
DetailsA draft decree No. 5175 to prolong the ferrous scrap export duty in the amount of 58 euro per ton for 5 years has been registered in the Verkhovna Rada. The accompanying note says that the positive effect of the duty has been noticed since its implementation in 2016. In particular, while in 2015 scrap…
DetailsWith each day of the Russian occupation of Lugansk region the opportunities to revive the industry of the region dwindle down. Following the shut down of mines, all the iron and steel works will be closed as well. Alchevsk Iron and Steel Works could become the first of such companies, as it half-operates only one…
DetailsIn 2020, metal companies in the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, decreased exports of pig iron to Turkey via Russia 1.5-fold YoY, to 287 thousand tons. At the same time, Russian exports grew by 53%, to 974 thousand tons. Pig iron prices increased from $350 to $550 per…
DetailsIn 2020, the volume of capital investments in metal industry decreased by 52.6% YoY, to 18.8 billion UAH. According to the State Statistics Service, overall investments in industry dropped by 43.6%, to 153.3 billion UAH. The share of metallurgy was 12.3%. In Q1 2020, capital investments decreased by 27.5%, in Q2 – by 51.4%, in…
DetailsAzovstal has again received an international certificate as an approved manufacturer of rolled sheets for shipbuilding according to LR. The document is valid till February 2024. “Without this certificate we would not be able to supply certain shipbuilding steel grades, thus the company would have lost its customers, orders and income”, Azovstal noted. (Ukrainian metal)
DetailsIn 2020, Energomashspetsstal sold 3.32 billion UAH worth of products, up by 71% YoY. Output grew by 37.6%. Exports accounted for 94.4% of all sales. Last year, EMSS sold 21.43 thousand tons of products. This year it is planned to manufacture and sell products worth 3.04 billion UAH. (Ukrainian metal)
DetailsIn 2020, the loan portfolio of the mining and metallurgical companies increased by 8.5% YoY, to 22.8 billion UAH. Metallurgy accounted for 17.8 billion UAH and mining – 5 billion UAH. Metal companies mostly take loans for 1-5 years (14 billion UAH) in foreign currency, while short-term loans (1 years) constitute a lion’s share in…
DetailsUntil the end of November, Azovstal intends to finish the capital repair of two air heaters of the blast furnaces Nos. 3 and 4, begun in February. The cost of each repair is around $3.5 million. Such large-scale repairs are carried out once in 20-25 years. The company is also getting ready for the repair…
DetailsMost of the auctions of Ukrzaliznytsia to sell scrap scheduled for February 23 have not taken place. In particular, 11 lots with the combined amount of 550 million UAH have been canceled. Only one auction was not canceled – 3.8 thousand tons with the expected cost of 19.296 million UAH. (Ukrainian metal)
DetailsIn January, Amur region produced 1090.3 kg of gold, down by 23% YoY. Five companies operate in the region. Petropavlovsk decreased output by 27% and Priisk Solovievskiy – by 34%, while Berezitoviy Mine increased by 19%. Alluvial season will begin in May. Last year, 65 enterprises operated at alluvial sites. This year, the region intends…
DetailsFerrexpo has for the first time shipped its iron ore pellets on board a Newcastlemax ship. The cargo was shipped to China for Baowu. A Newcastlemax has a length of 300 meters and a width of 50 meters and can transport 185 thousand tons of pellets, up by 15% compared with a Capesize. In 2020,…
Details13 buyers from various countries are showing interest in the United Mining and Chemical Company. According to the State Property Fund chairman Dmitriy Sennichenko, some of them are well known companies from Australia and Japan. He expressed hope that the Verkhovnaya Rada would support the decree to unblock “big privatization” at the second reading. The…
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