In January-September, Ukraine decreased metal transportation via railroad by 7.6% YoY, to 15.3 million tons. In particular, exports grew by 6%, to 11.5 million tons, while imports fell by 33.5%, to 435.7 thousand tons, transit – by 4.5%, to 848.5 thousand tons, and domestic – by 19.9%, to 2.5 million tons. In September, metal transportation…Details
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As of early October, Chay-Urya Zoloto, a part of Susumanzoloto, has extracted 1010 kg of gold, up by 26% from the target. This year the company is developing two sites in the Berelekh River valley and the Kvartseviy Brook in Susuman city district. Two more Susumanzoloto enterprises have exceeded their targets. Itkan has yielded 508…Details
Ukrzaliznytsia intends to offer its services on locomotive repair to private companies. One of them could be Metinvest. According to the company, Lviv Locomotive-Repair Works, Dniepropetrovsk Locomotive-Repair Works and Zaporozhye Electric Locomotive-Repair Works have to show their worth not only at the expense of Ukrzaliznytsia, but also on the open market. That is why Ukrainian…Details
Employees of Donetsk Iron and Steel Works have asked Denis Pushilin, the so-called head of the Donetsk People’s Republic, a terrorist organization created and supported by Russia, to clear salary debts. The employees have not been paid for 4 months. People are in a desperate situation and are forced to quit. The main reason of…Details
According to the Ministry of Finances, in January-August Russia produced 214.59 tons of gold, down by 7.5% YoY. The decrease was due to the drop of secondary metal production (19.13 tons, down by 53.1%). Moreover, the amount of auxiliary metal decreased by 10.9%, to 11.31 tons. Extracted gold accounted for 184.15 tons, up by 3%.…Details
In January-September, Ukraine decreased ferrous scrap procurement by 12% YoY, to 2.19 million tons. Exports dropped by 38%, to 25.2 thousand tons. Imports fell by 69%, to 13.6 thousand tons. (Ukrainian metal)Details
Azovstal has invested 96 million UAH in the capital repair of its converter No. 2. The repair started in mid-September. The company began preparing a month earlier. Each day around 7 units of machinery and over 100 contractor workers are operating at the site. The repair is to be finished within 45 days. (Ukrainian metal)Details
Kyrgyz gold producer Alyans Altyn, a part of the Russian Platinum group of companies, will delay the launch of a gold plant at the Jerooy deposit indefinitely due to the riots that started in the country after parliamentary elections, a spokesperson for Russian Platinum reported on October 6. Previously, Alyans Altyn said it suspended works…Details
Since 2012, Zaporizhstal has spent 15 billion UAH on the ecological modernization. According to the company CEO Alexander Mironenko, in particular, the company has reconstructed three blast furnaces, which now meet all the modern technological and environmental standards. Zaporizhstal has also modernized its sinter factory, decreasing dust emission by 70%. Until the end of the…Details
On October 1, Krivoy Rog Iron Ore Industrial Complex increased the salary of its employees by 10%. The corresponding decree was signed by the acting deputy chairman Alexander Kapuka on September 30. From September 1, the enterprise increased wages by 10-25%. (Ukrainian metal)Details
In January-August, the Central Mining and Processing Works decreased iron ore pellets manufacture by 6% YoY, to 1.48 million tons. In August, the company produced 107 thousand tons of pellets. Last year, CGOK increased pellets output by 4.3% YoY, to 2.402 million tons, and concentrate by 0.5%, to 4.436 million tons. (Ukrainian metal)Details
In August, global steel output amounted to 156.2 million tons, up by 0.6% YoY. According to Worldsteel, China produced 94.8 million tons of steel, up by 8.4%. Ukraine decreased steel output by 5.7%, to 1.8 million tons. (Ukrainian metal)Details
The Interdepartmental Commission on International Trade has made a right decision to impose duties on poor-quality Chinese pipes, Interpipe CFO Denis Morozov has said. “What is important is that the duty applies not to all Chinese, but to “bad” only. The companies that operate not according to the standard and without certificates. They used to…Details
Some mines in the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, do not pay wages. For example, Torezantrazit and Makeyevkaugol still owe wages for July. Even the “head of DPR” Denis Pushilin has acknowledged it during his direct line with the Donbass people. According to him, the situation with miners’…Details
In January-August, Ferrexpo increased iron ore pellets output by 4% YoY, to 7.36 million tons. Concentrate output grew by 4.5%, to 9.23 million tons. In August, Ferrexpo produced 980 thousand tons of pellets and 1.19 million tons of concentrate, up from 780 thousand tons and 1.04 million tons in July respectively. (Ukrainian metal)Details
In January-June, Interpipe EBITDA dropped to -$5 million, while revenue decreased by 26% YoY, to $236 million. Interpipe had to adapt its production to new reality affected by the pandemic and low oil prices. The return of the 34.22% antidumping duty on Ukrainian railroad wheel in the EAEU also affected sales. In Ukraine, railroad products…Details
Ukrzaliznytsia (Ukrainian Railways) was unable to buy 21.5 thousand tons of R65 railroad rails for 571.8 million UAH in the Prozorro system due to the insufficient number of participants. Only Skinest Rail UA LLC participated in trade. This year, Ukrzaliznytsia intends to repair 507.1 km of railroad. For this it will need 70.2 thousand tons…Details