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In the industrial season of 2020, the Baldja miners’ team intends to extract 420 kg of gold at the alluvial deposits in Zabaikalye region. Last year, together with contractors from China the team yielded 1045 kg of gold. This year, however, due to the pandemic, the company will be developing its sites on its own,…
DetailsIn January-June, Energomashspetsstal increased steel output by 25.9% YoY, to 34 thousand tons. In June, EMSS produced 6 thousand tons of steel. Last year, output dropped by 4.8% YoY, to 59 thousand tons. (Ukrainian metal)
DetailsIn June, Ukraine exported 366.9 thousand tons of pig iron, up by 78.5% YoY, valued at $70.4 million, up by 46.9%. According to the customs statistics, in January-June, Ukraine exported 1.5 million tons of pig iron valued at $422.3 million, up by 22.8% and by 8% YoY respectively. USA imported the most pig iron –…
DetailsAzovstal has invested 1.2 million UAH in the purchase of a new reducer for the pinion stand of the mill-1040 main line in the rail fasteners shop. The company has already replaced a hardening drum, repaired metal structures of the sloping conveyer, as well as replaced some units and parts. The reducer will be assembled…
DetailsIn January-June, Ukraine exported $3.9 billion worth of ferrous metals, down by 18.7% YoY. According to the State Customs Service, ferrous metals accounted for 17.01% of total export revenue as opposed to 19.6% last year. In June, ferrous metals export revenue totaled $604.12 million. In 6 months Ukraine imported $464.65 million worth of ferrous metals,…
DetailsThe Ministry of Energy and Environment Protection has announced the start of development of two new uranium ore deposits in Dniepropetrovsk region. The ore will be mined on the territory of Surskoye and Novogurovskoye deposits. Average output at the Surskoye deposit will amount to 100-300 tons per year. The deposit will be in development for…
DetailsIn January-June, Dneprovsky Iron and Steel Combine exported 83% of its products, or 1.34 million tons. 3 new countries joined the list of the company’s clients this year – the Dominican Republic, China and Cyprus. Bulgaria was the largest importer (193.4 thousand tons), followed by China (127.6 thousand tons), Saudi Arabia (98 thousand tons), the…
DetailsOn July 8, the United Mining and Chemical Company employees received their wages for June in full. The company hopes to have no more delays in paying salary. The delay was short-termed. The situation was resolved within one day. The reason of the delay was the debt of counter parties in the amount of 1…
DetailsThe supplies of electricity and energy efficient solutions YASNO has financed and carried out a large-scale modernization of lighting at Dneprovsky Iron and Steel Combine. Over 1600 new LED lamps save the company 75% of electricity used in the lighting system. In particular, the lamps will help save 13.3 million kW-h of electricity per year…
DetailsIn June, Zaporozhkoks increased blast furnace coke manufacture by 11.2% YoY, to 68.7 thousand tons. In 6 months, output totaled 432.7 thousand tons, up by 4.1% YoY. In 2019, the company produced 827.5 thousand tons of coke, up by 0.3% YoY. (Ukrainian metal)
DetailsBarlenco Ltd. (Cyprus), affiliated with Metinvest, intends to use its right to squeeze out shares of Zaporozhogneupor minority holders. On July 6, Zaporozhogneupor received a notification from shareholders on reaching the dominating controlling shares on July 3. Prior to this, Metinvest B. V. owned 2,650,697 shares, or 45.385539% of the total, Zaporizhstal – 2,874,068 shares…
DetailsIn January-June, Ukraine procured 1.391 million tons of coal, down by 23.2% YoY. Import dropped by 74.8%, to 9.2 thousand tons, and export by 54.2%, to 16.8 thousand tons. Domestic deliveries to metal companies decreased by 22.5%, to 1.308 million tons. Experts believe this year Ukraine will procure 2.68 million tons of scrap, with export…
DetailsRussia’s gold output rose by 3.8% YoY, to 81.27 tons in January-April, the Finance Ministry said quoting supplies to the refining plants. Mined gold output rose by 7.1%, to 65.87 tons, while by-product gold output decreased by 6.7%, to 5.6 tons, with gold scrap production down by 8.9%, to 9.8 tons. Russia’s silver output decreased…
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