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On December 2, the Verkhovna Rada increased the scrap export duty from EUR 58 to EUR 180 per ton. The decision was supported by 242 MPs. Earlier the Ministry of Economy intended to increase the duty to EUR 200 per ton, but the Cabinet of Ministers returned the draft. Since mid-year, metal companies have been…
DetailsIn January-October, Kazakhstan extracted 92.6 million tons of coal, up by 1.6% YoY. Pavlodar region accounted for the most output – 53.7 million tons or 58%, down by 0.5%. Karaganda region (31.4 million tons, +1.5%) and East-Kazakhstan region (7 million tons, +15.2%) were in the top-3. In monetary terms output totaled 291.7 billion tenge. Exports…
DetailsIn October, average level of wages at by-product coke plants increased by 16.7% MoM, to 19.4 thousand UAH. At ferrous metals enterprises wages grew by 5.94%, to 20.75 thousand UAH, at pipes enterprises – by 5.2%, to 16.02 thousand UAH, at mining enterprises – by 1.53%, to 20.15 thousand UAH, at non-ferrous metals enterprises –…
DetailsIn January-November, Ukraine increased exports of scrap 24.8-fold, to $211.92 million. According to the State Customs Service, in November exports totaled $16.17 million, up from $352.34 thousand. In 11 months, imports grew by 88%, to $40.91 million, with $3.47 million imported in November. (Ukrainian metal)
DetailsThe State Environment Inspection has initiated an unscheduled check of Central Mining and Processing Works, a part of Metinvest. The reason is the discharge of mine waters into the Balka Svistunova pond in Kriviy Rih. The inspection will be carried out under the order of the Prime Minister of Ukraine Denis Shmyhal. CGOK is among…
DetailsIn January-September, Russia produced 1043.79 tons of silver, down by 4.6% YoY. Primary silver accounted for 872.57 tons, down by 8.8%. Gold manufacture dropped by 0.5%, to 267.847 tons, with primary gold output down by 1.6%, to 242.65 tons. (Ukrainian metal)
DetailsIn January-November, Ukraine exported $12.6 billion worth of ferrous metals, up by 80.8% YoY. According to the State Customs Service, in November, exports revenue amounted to $1.09 billion, down from $1.21 billion in October and $1.39 billion in September. Imports in 11 months grew by 47.7%, to $1.41 billion, with $157.19 million imported in November.…
DetailsThe second ferroalloy plant has been launched in Karaganda in two years. The Saryarkinskiy Ferroalloy Plant of Qaz Carbon has been constructed in just 9 months. The company investments from own funds amounted to 11 billion tenge, and the loan from the Kazakhstan Development Bank was 38.8 billion tenge. The capacity of the plant is…
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