In January-March, Ukraine produced 81.1 thousand tons of metal structures, down by 29.6% YoY. According to the State Statistics Service, pre-fabricated construction structures of pig iron and steel accounted for 9.13 thousand tons, down by 23.9%, latticed towers and masts of ferrous metals – 618.2 tons, down by 75.7%, metal containers for liquefied gas –…Details
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The Russian aluminum market may contract by more than 30% in 2020 due to the coronavirus pandemic, Roman Andryushin, director of aluminum giant UC RUSAL for sales and marketing, has said. The degree of the pandemic’s impact will largely depend on the length of restrictions. While some European countries have started lifting the restrictions, it…Details
The state enterprise Vostochniy Mining and Processing Works has ordered Zeleni Systemy LLC the delivery of sulfur valued at 42.85 million UAH. Until July 10 the company has to supply 11 thousand tons of granulated gas sulfur with the purity of 99.95% produced by Kaspiygaz LLC (Russia) at 3895 UAH per ton ($138 per ton).…Details
In 2019, Kurilgeo LLC, developing gold sites in Sakhalin, received 3.5 billion rubles from the sales, on par with the previous year results. Net profit decreased by 6.4%, to 971.8 million rubles. Tax payments exceeded 1.4 billion rubles, including 1.1 billion rubles of profit tax. Last year, the company produced 1106 kg of gold, down…Details
Ferrexpo has decided not to apply for tax holidays and will pay taxes to all budgets during the pandemic in full. This decision is aimed at supporting territorial communities to allow them not to cut social programs and have an opportunity to transfer additional funds to health sphere. “We understand, that what we pay to…Details
In March, Ukraine decreased steel output by 10.3% YoY, to 1.765 million tons, but was able to go from the 13th position to the 12th in the world steel rating. In Q1, Ukraine went up from the 12th position to the 11th. In March, 64 countries produced 147.054 million tons of steel, down by 6%…Details
In 2019, Priisk Ust-Kara, developing alluvial gold deposits in Zabaikalye region, increased net profit 2.7-fold, to 553.9 million rubles. Revenue grew from 1587.3 million rubles to 2546.1 million rubles. Sales profit increased 2-fold, to 685.9 million rubles. Last year the company extracted 863 kg of gold. This year the output is expected to remain at…Details
In January-March, Ukraine imported 258 thousand tons of limestone, down by 67% YoY. Lime imports, at the same time, grew by 13%, to 17 thousand tons. The decrease in import is due to the drop of demand from metal companies, the main customers. Steel industry accounts for two thirds of overall consumption. This year, limestone…Details
In January-March, metal companies produced 4.62 million tons of rolled metal, up by 1.8% YoY. Some 3.96 million tons, or 85.6%, were exported. In Q1 2019, the export share was 89.7% (4.07 million tons out of 4.54 million tons). Semi-finished products accounted for 51.89% of exports (44.9% in Q1 2019), flat rolled metal – 30.31%…Details
In February, Russia imported 289 tons of unrefined copper, up by 69% MoM and by 154% YoY. Kazakhstan delivered all copper. Price dropped from $13.8 to $13.4 per kg. In January-February, exports totaled 460.7 tons, up 2-fold YoY. In monetary terms exports have grown by 112%. (Ukrainian metal)Details
In January-March, domestic companies received 918.7 thousand tons of rolled metal, including 255.7 thousand tons (27.8%) of imported metal. In Q1 2019, domestic market received 764.1 thousand tons of metal, including 297.1 thousand tons (38.9%) of imported metal. Thus, in Q1 metal consumption grew by 20.2%, while the import share dropped by 11.1%. (Ukrainian metal)Details
PJSC Interpipe Nyzhniodniprovsky Pipe Rolling Plant (Dnipro) has built and commissioned a new warehouse at the export site of the company’s wheel-rolling shop, investing $271,000 in the project. According to the quarterly report of the company, at the beginning of 2020, Interpipe plant provided itself with an additional warehouse for finished products, and a collection…Details