Russian gold production rose by 11% YoY, but fell by 12.8% MoM in September, the Federal State Statistics Service said in a report. In January-September gold production grew by 20.2% YoY. No absolute figures were disclosed. (Prime/Ukrainian metal)
DetailsThe Antimonopoly committee of Ukraine has fined Corum Ukraine for 53 million UAH and the scientific and manufacturing company Mining Machines for 3.3 million UAH for the breach of the legislation on economic competitiveness protection. The AMCU found out about the violations at the three auctions held by the state enterprise Lvivugol, in which the…
DetailsThe Ministry of economy, trade and agriculture development expects steel output in 2019 to grow by 4% YoY, to 21.927 million tons. The ministry believes that rolled metal manufacture will increase by 3%, to 18.842 million tons, and pig iron – by 1%, to 20.69 million tons. The forecast is based on the output in…
DetailsIn January-June air pollution in Krivoy Rog increased by 15% YoY. According to the environment department of the city council, in particular, ArcelorMittal Kriviy Rih increased pollution by 27%, InGOK – by 15%, Metinvest KRMZ – by 13%, Sukhaya Balka – by 3% and CGOK – by 1.6%. The worst situation in Q3 was at…
DetailsIn January-September Sukhaya Balka Mine decreased iron ore output by 1.1% YoY, to 2.015 million tons. In September iron ore output totaled 214 thousand tons. In 2018 output increased by 8.4% YoY, to 2.725 million tons. The capacity of the mine is 3.1 million tons of ore per year. (Ukrainian metal)
DetailsIn September Ukraine exported 5.36 million tons of semi-finished steel products valued at $2.24 million, up by 9.4% and by 8.2% YoY respectively. The share of semis in the exports exceeded 6%. More than half was shipped to Italy (34%), Egypt (15.5%) and Turkey (14.8%). (Ukrainian metal)
DetailsIn September Beloretsk Iron and Steel Works increased metal wares sales. In particular, the sales of rods with special surface treatment for the manufacture of springs and fasteners for car and aviation industries grew 3-fold MoM. Sales of steel sections for car industry increased by 43%. High-strength wire for ferroconcrete wares and gauged rolled metal…
DetailsNLMK Lipetsk, the flagship site of NLMK Group, has supplied a trial batch of pre-painted steel with improved coating quality to leading white goods manufacturer LG Electronics plant in Russia. NLMK steel will be used to make washing machine bodies. The trial batch has been successfully tested at LG Electronics Rus plant in the Moscow…
DetailsFerrexpo, controlling Poltava and Yeristovo Mining and Processing Works, will construct a solar power plant with the capacity of 5 MW. The company will finance the project without any state help, subsidies, etc. The electricity produced will be used for the own needs and for deliveries to the third parties. The solar panels will be…
DetailsIn January-September Ukraine imported 3646.298 thousand tons of aluminum ore and concentrate (bauxites), down by 0.7% YoY, valued at $162.427 million, up by 11.5%. According to the State Fiscal Service, the main suppliers were Guinea (55.81%), Guiana (39.16%) and Brazil (1.8%). In 9 months Ukraine supplied 22 tons of aluminum ore to Poland valued at…
DetailsIn January-September Ukraine decreased imports of nickel ore and concentrate by 13.4% YoY, to 973.595 thousand tons valued at $48.348 million, down by 11.2%. According to the State Fiscal Service, the main suppliers were Guatemala (45.31%) and Indonesia (54.69%). In 9 months Ukraine exported 7.999 thousand tons of nickel ore valued at $312 thousand (all…
DetailsAccording to its pessimistic scenario, this year Seligdar will extract 6165 kg of gold. But, according to the CEO on manufacture Nikolai Goncharov, the operation rate allows optimistically looking at the output level of 6.4 tons. The company was able to save on expenses. In particular, the usage of diesel fuel in mining has decreased…
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