In 2019, Ukraine exported 39.9 million tons of iron ore and concentrates valued at $3.398 billion, up by 8.1% and by 18.5% YoY respectively. According to the State Tax Service, 34.3% of ore were sold to China, 12.7% – to Poland and 10.3% to the Czech Republic. Imports totaled 14.245 thousand tons valued at $1.412…Details
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In 2019, Blagoveschensk Fitting Works considerably increased the output of high-pressure large-diameter pipe fittings. The growth followed the increase of demand from local companies, which previously purchased foreign products. Last year BAZ mastered the manufacture of 40 types of high-pressure fittings. Output grew 7-fold, to 510 tons. (Ukrainian metal)Details
In November 2019, Russia imported 9.9 thousand tons of copper scrap and waste, up by 56% MoM and 4-fold YoY. Deliveries from Germany grew by 52%, to 2.4 thousand tons, and from Kyrgyzstan – by 45%, to 902 tons. In 11 months of 2019 imports totaled 70.2 thousand tons, up by 178% YoY. In monetary…Details
In November 2019, Russia exported 9.9 thousand tons of flat rolled aluminum, down by 2% MoM, but up by 25% YoY. Deliveries to Ukraine dropped by 44%, to 440 tons, and to Finland – by 3%, to 1 thousand tons. At the same time exports to USA grew 2-fold, to 1.5 thousand tons, while to…Details
NLMK Group has amended the terms for its EUR 250-million revolving credit facility. The financing costs of the facility will now be linked to the company’s sustainability performance that will be assessed by Sustainalytics, a provider of environmental, social and corporate governance research and ratings. The ESG rating change will result in the adjustment of…Details
In 2019, Irkutsk region extracted 25,257 kg of gold, up by 2% YoY. Polyus and Vysochaishiy contributed the most of the output. In particular, Polyus Verninskoye produced 7.902 kg of ore gold and Lenzoloto – 4,529 kg of alluvial gold. Vysochaishiy yielded 3,438 kg of gold and its daughter company Ugakhan LLC – 2,350 kg.…Details
Metallurgy remains one of the most investment-attractive spheres – it accounts for over 25 projects with the volume of investments on the level of 3 billion rubles each. Metal industry share in the Russian GDP is 5%, in industrial manufacture – 12% and in exports – more than 10%. The largest projects so far are…Details
In January, Almetievsk Pipe Works commissioned a covered warehouse to store finished products. The capacity of the warehouse is 7 thousand tons of pipes. The decision to construct such a warehouse was included in the priority plan following meetings with partners. Previously the company stored pipes in open warehouses, which could not provide full protection…Details
The authorities of Yugra have provided land plots for the construction of a Severstal and Tenaris joint venture to produce welded pipes. Severstal has started making project estimates, and until the end of the year will begin construction. The new works will create 500 jobs and will provide payments to the budget at the level…Details
In 2019 Ukraine produced 10 million tons of coke, down by 7.1% YoY. In particular, Avdiivka Coke and Chemical Works decreased output by 16.6%, to 3.2 million tons, Azovstal – 6.6%, to 1.36 million tons, Dneprovsky By-Product Coke Plant – by 8.9%, to 564 thousand tons, Dneprokoks – by 12%, to 530 thousand tons, Zaporozhkoks…Details
In 2019 Ukraine decreased ferrous metal scrap exports 7.8-fold YoY, to 42.18 thousand tons, at the same time increasing exports by 17.2%, to 49.93 thousand tons. According to the State Customs Service, thus import has for the first time since 2011 exceeded export. In monetary terms export decreased 9-fold, to $11.78 million, while import –…Details
In 2019, Ukraine mined 31.22 million tons of coal, down by 6.2% YoY. According to the Ministry of Energy and Environment Protection, coking coal mining grew by 8.8%, to 6.32 million tons, while that of power-generating coal fell by 9.4%, to 24.9 million tons. In December 2019, coal output dropped by 0.1% YoY, to 2.8…Details
In 2019, Ukraine exported $8.738 billion worth of ferrous metals, down by 12.1% YoY. According to the State Customs Service, ferrous metals accounted for 17.45% of all exports as opposed to 20.99% in 2018. In December 2019, ferrous metals exports totaled $521.764 million. Ferrous metals imports decreased by 6.9%, to $1.251 billion, with $73.843 million…Details