According to Ukrmetallurgprom, in December Ukraine will produce 1.25 million tons of pig iron, 1.2 million tons of steel and 1.1 million tons of rolled metal. In December 2018 the respective output volumes amounted to 1.83 million tons, 1.89 million tons and 1.1 million tons. Thus, December 2019 will have the worst result in the…Details
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An extraordinary meeting of Yuzhkoks shareholders will select a company to carry out an audit of the company operation in 2019. The meeting is scheduled for December 29. So far two companies have been suggested to the shareholders – Insider Audit Firm LLC and HLB Ukraine LLC. As of Q3, Dashuria Ltd. (Cyprus) owned 94.9565%…Details
A foundry bridge crane with the lifting capacity of 400 tons manufactured by Uralmashzavod has been put into operation at Evraz ZSMK. Before commissioning the crane has been tested with the load of 500 tons. Uralmashzavod intends to strengthen its bridge crane portfolio by producing foundry cranes with the capacity of up to 520 tons.…Details
In late autumn 42,347 square meters of sandwich panels were shipped by ChZPSN-Profnastil to Uzbekistan for the Plasteks textile company. For over 10 years the manufacture has been based in the hamlet of Kirsadok. In 2019 it was decided to completely reconstruct all the premises. Sandwich panels with the thickness of 80 mm made according…Details
The gold-extractor Buryatzoloto will provide its managing company Nordgold Management LLC with a loan of 1.7 billion rubles. The interest rate is 6%. The maturity date is December 12, 2021. Buryatzoloto has an option to claim the funds earlier than that. In January-September Buryatzoloto decreased net profit 8-fold, to 45.43 million rubles. (Ukrainian metal)Details
Altai-Koks, a part of Russian steelmaker Novolipetsk Steel (NLMK), has developed a technology to produce foundry coking coal of 100 millimeters and more, NLMK said in a statement on December 16. “Development of this product will allow the company to extend the sales markets by imports replacement. Producers of heat insulators earlier bought 100 millimeter-class…Details
Last week the price of one ounce of gold decreased by 7.9 manats ($4.6) or by 0.3%. The average price of one ounce of gold stood at 2,491 manats ($1,465). The price of one ounce of silver dropped by 0.42 manats ($0.24) or by 1.4%, to 28.4 manats ($16.7). The price of one ounce of…Details
In January-November Khabarovsk region extracted 23,678.3 kg of gold, up by 2.4% YoY. Ore gold accounted for 19,452.6 kg, up by 2.4%. The increase is due to the output growth at Amur Zoloto LLC (+23.5%), Mnogovershinnoye (+14%) and Okhotskaya Mining and Geological Company LLC (+6.4%). The washing season has been finished with the yield of…Details
The base forecast of coal output for Sakhalin in 2020 presupposes the mining of 10.5 million tons of coal, up by 0.6% YoY. In 2021 the output is expected at the level of 11.6 million tons. A more conservative forecast sees the mining at 10.2 million tons, down by 3.2%. Sales, including exports will reach…Details
So far Raspadskaya mine has extracted 6.5 million tons of coal, having exceeded its annual target in advance. This year three coal layers were in operation. Average monthly output totaled 750 thousand tons of coal. Next year a new long face will be put into operation. The output is expected on the level of more…Details
In November Ukraine exported 3.34 million tons of iron ore raw materials, down by 2% MoM. Deliveries to domestic companies fell by 11%, to 1.9 million tons. In 11 months exports grew by 8%, to 36.6 million tons, but deliveries to domestic companies dropped by 7%, to 25 million tons. No iron ore raw materials…Details
In November metal companies decreased natural gas consumption by 4% MoM, to 125 million cubic meters. In 11 months consumption dropped by 1%, to 1.66 billion cubic meters. Electricity consumption in November went down by 6%, to 800 million kW-h, and in 11 months – by 4%, to 10.27 billion kW-h. (Ukrainian metal)Details
In January-November Ukraine produced 9.29 million tons of bulk 6% moisture coke, down by 6.2% YoY. In November deliveries of coking coals to by-product coke plants grew by 11% MoM, to 1.02 million tons. In particular, the delivery of domestic coal grew by 23%, to 350 thousand tons, but imported dropped by 23%, to 670…Details