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Until the end of November, Azovstal intends to finish the capital repair of two air heaters of the blast furnaces Nos. 3 and 4, begun in February. The cost of each repair is around $3.5 million. Such large-scale repairs are carried out once in 20-25 years. The company is also getting ready for the repair…
DetailsMost of the auctions of Ukrzaliznytsia to sell scrap scheduled for February 23 have not taken place. In particular, 11 lots with the combined amount of 550 million UAH have been canceled. Only one auction was not canceled – 3.8 thousand tons with the expected cost of 19.296 million UAH. (Ukrainian metal)
DetailsIn January, Amur region produced 1090.3 kg of gold, down by 23% YoY. Five companies operate in the region. Petropavlovsk decreased output by 27% and Priisk Solovievskiy – by 34%, while Berezitoviy Mine increased by 19%. Alluvial season will begin in May. Last year, 65 enterprises operated at alluvial sites. This year, the region intends…
DetailsFerrexpo has for the first time shipped its iron ore pellets on board a Newcastlemax ship. The cargo was shipped to China for Baowu. A Newcastlemax has a length of 300 meters and a width of 50 meters and can transport 185 thousand tons of pellets, up by 15% compared with a Capesize. In 2020,…
Details13 buyers from various countries are showing interest in the United Mining and Chemical Company. According to the State Property Fund chairman Dmitriy Sennichenko, some of them are well known companies from Australia and Japan. He expressed hope that the Verkhovnaya Rada would support the decree to unblock “big privatization” at the second reading. The…
DetailsIn January, Ukraine decreased pipe output by 13.1% YoY, to 55.7 thousand tons. In particular, the Ukrtruboprom association enterprises produced 29 thousand tons of pipes, down by 24.5%. Interpipe NTZ increased pipe output by 5.9%, to 12.6 thousand tons (15.3 thousand tons in December 2020), but Interpipe NMTZ decreased by 86.4%, to 0.6 thousand tons…
DetailsInterpipe NTZ has joined the program to develop environment safety and introduce sustainable development in the city of Dnipro in 2021-2025. The program was adopted by the city council in late January. In 7 years, Interpipe NTZ has spent some 84 million UAH on ecological projects. They key ones were the decrease of CO2 emission…
DetailsAs of February 1, Magadan region extracted 2383.6 kg of gold and 48.8 tons of silver. Gold grew by 101.2 kg YoY, while silver dropped by 2.1 tons. The main gold-extracting region was Tenkinskiy city district (1799.9 kg) and silver – Omsukchanskiy (45.2 tons). (Ukrainian metal)
DetailsThis year, Khabarovsk region expects to increase gold output by 2.4% YoY, to 25.1 tons. Last year, 24.5 tons were produced. The increase is expected to be due to the alluvial gold output growth. Alluvial platinum output will be 210.5 kg, on par with the previous year level. Expected tin output is 2.6 thousand tons.…
DetailsThe Ukrzaliznytsia’s metal scrap auctions scheduled for February 23 are under threat through the fault of the company itself. According to a source, the company has placed lots with initial price a third higher than the market price. “This means, there would be no buyers, they will simply not accept such conditions,” the source said.…
DetailsAt present Energomashspetsstal has enough orders for the year. One of the main orders is the production of bulk billets for maritime energy system. The company will also continue producing billets for nuclear power plants under construction in India, Turkey and China. EMSS intends to supply its products for the El-Dabaa NPP in Egypt. In…
DetailsThis year, Kamchatka intends to extract 135 kg of alluvial gold, up 3-fold YoY. 7 companies will operate at alluvial sites: the Vector Plus Mining Team LLC, Taigonos Group of Companies LLC, Aurum LLC, Vostoc LLC, RBK-Gold LLC, Kamchatnedra LLC and Dalstroy LLC. The same companies operated last year. The reason of the increase in…
DetailsShareholders of the Yuzhniy Mining and Processing Works intend to spend a part of the net profit for 2019 in the amount of 8.434 billion UAH to pay dividends (5.3 UAH per ordinary share). The issue will be discussed at the extraordinary meeting scheduled for March 5. The shareholders will also determine the net profit…
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