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Russia is ready for negotiations with the U.S. to cancel 25% steel and 10% aluminum imports duties, Deputy Industry and Trade Minister Viktor Yevtukhov declared on March 26. Yevtukhov also said that Russia was considering contesting the measure in the World Trade Organization (WTO) and retaliating. “The third process is a process of negotiations to…
DetailsSeverstal will supply 600 tons of rolled metal with polymer coating for the construction of the Dream Island theme park in Moscow. The rolled metal manufactured by Cherepovets Iron and Steel Works will be used to produce sandwich-panels. The tender for their supply has been won by Severstal long-time partner – the company Teplant. The…
DetailsPJSC ArcelorMittal Kriviy Rih launches a new education project, which is the “Young Engineers” school. Its participants may be the employees’ children aged from 9 to 15 years. The learning program includes chemical and physical experiments, robotics technology, construction, master classes on work with wood and metal. When the young engineers will begin their exciting…
DetailsIn 2017 the Kharkiv Works named after Frunze increased net profit by 30.31% YoY, to 69.6 million UAH. According to the company statement, its assets as of late 2017 totaled 567.436 million UAH. The company current liabilities were on the level of 118.799 million UAH, while the consolidated accounts receivable – on 99.935 million UAH.…
DetailsThe gold-extracting company Pavlik, a part of Arlan, intends to have commissioned the second stage of the mining and processing works at the Pavlik deposits by late 2019. The project presupposes the construction of another gold-extracting factory on the basis of the existing works with the capacity of 5 million tons of ore per year.…
DetailsDalzoloto LLC is busy prospecting at the Delken territory. The work started in 2016. In late 2018 the company intends to register at least 10 tons of C1+C2 gold reserves. Forecast resources total 31 tons of R1 gold. On another site the prospecting started in 2017 and is expected to end in 2022. The prospecting…
DetailsThis year the Orotukan Alluvial Company LLC intends to obtain 300 kg of alluvial gold. According to the company statement, the sand-washing season will start on May 1. Last year the company obtained 296.6 kg of gold. The company owns 11 licenses for alluvial gold sites in the Magadan region. (Ukrainian metal)
DetailsIn 2017 the gold-extracting company Priisk Solovievskiy increased revenue by 12% YoY, to 6.605 billion rubles. EBITDA grew by 5.8%, to 2.769 billion rubles. Net profit totaled 2.231 billion rubles, up by 7.6% YoY. The increase of financial indexes has to do with the growth of the gold output. In particular, last year the company…
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