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Ukraine: Selidovugol orders 70 million UAH worth of conveyer belts

SelidovugolBy admin06.11.2019Leave a comment

The state enterprise Selidovugol has ordered Contract-Energo Trading House LLC the delivery of conveyer belts valued at 70.1 million UAH. Until August 2020 the company has to supply 17300 meters of belt manufactured in Russia and purchased from Erlight LLC. The price of the agreement is 1% below the expected cost of the purchase (71…

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Ukraine: metal industry employee number down in September 2019

metal industryBy admin06.11.2019Leave a comment

In September the number of employees in metal industry decreased by 0.6% MoM, to 191.7 thousand people. According to the State Statistics Service, in mining and quarrying the number of personnel dropped by 0.4%, to 193.8 thousand people. The coke manufacture lost the most workers – 2.7%, to 17.5 thousand people. (Ukrainian metal)

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Russia: VSMPO-Avisma passes pipe audit

VSMPO-AvismaBy admin06.11.2019Leave a comment

Siemens AG auditors have visited VSMPO-Avisma. They have examined the strip-cutting site of the shop No. 16 and welding lines in the shop No. 38. They have also checked the personnel qualification and pipes quality. The experts have noted a high level of manufacture. The next audit will be carried out in January 2020. The…

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Azerbaijan: precious metals market on October 28 – November 1, 2019

precious metalsBy admin06.11.2019Leave a comment

Last week the price of one ounce of gold increased by 11.6 manats ($6.8) or by 0.5%. The average price of one ounce of gold stood at 2,547 manats ($1,498). The price of one ounce of silver grew by 0.05 manats ($0.03) or by 0.2%, to 30.4 manats ($17.8). The price of one ounce of…

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Ukraine: 2.7 million tons of coal produced in October 2019

coalBy admin06.11.2019Leave a comment

In October Ukraine produced over 2.7 million tons of coal, down by 8% from the target, the Coal Miners Union of Ukraine reported with a reference to the data provided by the Energy and Coal Industry Ministry. “In October coal mining enterprises of Ukraine of all forms of ownership produced 2,720,824 tons of coal. The…

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Russia: copper exports up in August 2019

copperBy admin06.11.2019Leave a comment

In August Russia exported 67.1 thousand tons of refined copper, up by 98% MoM and by 9.4% YoY. Deliveries to China grew 2-fold, to 17.3 thousand tons. Germany imported 6 thousand tons, up also 2-fold MoM. In 8 months exports totaled 441.4 thousand tons, on par YoY. In monetary terms since the start of the…

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Russia: metal machining complex to be constructed in Dzerzhinsk

metal industryBy admin06.11.2019Leave a comment

A manufacturing complex of metal wares machining will be constructed in Dzerzhinsk for 296.5 million rubles. The Ardmanol Company has been given a land plot with the size of 26 thousand square meters. The company intends to construct the complex in 16 months. (Ukrainian metal)

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Ukraine: Interpipe starts supplying railroad wheels to Kazakhstan

InterpipeBy admin06.11.2019Leave a comment

Interpipe has concluded a direct contract for the delivery of railroad wheels to Kazakhstan Temir Zholy (KTZ, Kazakhstan Railways). Under the agreement the company will supply 6 thousand wheels in 2019 and 20 thousand wheels in 2020. Previously Interpipe has never been cooperating with KTZ directly, supplying the wheels to car-repair plants. The suspension of…

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Russia: Polymetal mine suspends operations because of fire

PolymetalBy admin06.11.2019Leave a comment

A Polymetal International mine has suspended operations because of a fire, a representative of the regional emergency services reported. “A fire broke out at a mine of the Omolon Gold Mining Company on the depth of almost 400 meters. 15 miners were evacuated to the surface,” the official said. (Prime/Ukrainian metal)

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Ukraine: IrGOK buys Land Cruiser Prado

Irshansk Mining and Processing WorksBy admin06.11.2019Leave a comment

Irshansk Mining and Processing Works has ordered Vostoc avtomir LLC the delivery of a car for 1.35 million UAH. The company has to supply Toyota Land Cruiser Prado, Prestige 4.0 Dual VVT-i. The price of such a car in stores is 1.37 million UAH. The purchase was carried out without an auction. (Ukrainian metal)

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Ukraine: Kremenchuk Steel Works on sale

Kremenchuk Steel WorksBy admin01.11.2019Leave a comment

Fineurovector LLC and Alfa Kros LLC have announced their intention to buy respectively 24.5667% and 24.95% of the Kremenchuk Steel Works, a part of TAS Group. At present the companies own no shares of KSZ. As of Q2 Sertako Limited owned 29.0254%, Devisal Limited – 17.1879% and Defano Investments Ltd – 48.4421%. All these companies…

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Russia: manganese ore imports up in August 2019

manganese, manganese oreBy admin01.11.2019Leave a comment

In August Russia imported 84 thousand tons of manganese ore and concentrate, down by 27.6% MoM, but up by 28% YoY. Deliveries from South Africa decreased 2.5-fold, to 33.7 thousand tons. Imports from Kazakhstan and Gabon grew by 40% and by 68% MoM, to 19.3 and 30.1 thousand tons respectively. In January-August imports totaled 720…

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Russia: new gold filed found in North Osetia

goldBy admin01.11.2019Leave a comment

Prospectors have discovered a new promising gold-quartz-sulfide and gold-quartz Baukomskaya field in the mountainous parts of the Zakkadon River valley in the Republic of North Osetia – Alania. The R3 reserves on the area of 18 square km are estimated at 213 tons with gold content of 1.78 g per ton. The R1 potential could…

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