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In 2017 ferrous scrap procuring companies will amass 3.7 million tons of scrap, and 80% (2.96 million tons) will be in the shade. As the result the budget will get only 53.3 million UAH. “One of the main issues is the deshading of the scrap market”, Ukrmetallurgprom president Alexander Kalenkov believes. According to him, in…
DetailsUkraine has retained the zero quota on gold, silver, precious metals wastes and scrap exports for 2018. The corresponding norm is contained in the Cabinet of Ministers decree dated December 20 and published in the state newspaper Uryadovy Courier on December 23. (Ukrainian metal)
DetailsThe state enterprise Ukrpromvneshexpertisa forecasts that export prices of Ukrainian suppliers of iron ore raw materials in December will fall by over 10%. “The fall will be the result of the Chinese indexes dynamics with a certain time lag. On the local market prices could grow due to the favorable situation on the rolled metal…
DetailsThe Cabinet of Ministers has prolonged for 2018 the licensing of anthracite exports at the approval of the Ministry of energy and coal industry. The correspondent decree No. 1018 dated December 20 has been published in the Uryadovy Courier newspaper. The accompanying message says that the licensing is aimed at preventing uncontrolled exports of the…
DetailsIn January-November Ferrexpo exported 9.433 million tons of iron ore pellets. In particular, Poltava GOK exported 7.07 million tons and Yeristovo GOK – 2.362 million tons. In 11 months Metalloinvest exported 4.984 million tons of pellets (Mikhailovsky GOK – 2.916 million tons and Lebedinsky GOK – 2.068 million tons). Karelsky Okatysh exported 5.038 million tons…
DetailsIn January-November DTEK Energo increased purchases of coal from state mines of the Lviv-Volyn basin by 17.4% YoY, to 668 thousand tons. According to DTEK press-service, in November purchases grew 3-fold YoY, to 73 thousand tons, but remained on October level. (Ukrainian metal)
DetailsAdministration of the Ingulskaya uranium mine, a part of the state enterprise VostGOK, has filed a suit against 94 miners, who went on a strike in November demanding the increase of salary. The administration wants the court to declare the strike illegal and believes the strike resulted in the enterprise losing some 1.46 million UAH.…
DetailsThe Russian company, RosGeoPerspectiva, will carry out geological exploration work to find copper and gold in the promising areas of Kazakhtau and Kazakhtau 1 in Navoi region of Uzbekistan. The Russian side and the State Committee of Uzbekistan for Geology and Mineral Resources have already prepared a draft agreement on geological exploration and pilot production…
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