The European Bank for Reconstruction and Development (EBRD) has signed an agreement to provide a $140 million 5-year loan to silver and gold producer Polymetal International to develop the Kyzyl field in Kazakhstan, the company said in a statement on June 22. “The EBRD loan will finance remaining capital expenditures for the Kyzyl project, which…Details
In January-May Ukraine imported 483.56 thousand tons of ferrous metals valued at $399.24 million. The share of ferrous imports in the total volume in money terms reached 2.1%. In particular, Ukraine imported 280.01 thousand tons of flat-rolled carbon steel valued at $204.66 million, 24.44 thousand tons of ferroalloys ($53.01 million), 72.44 thousand tons of carbon…Details
President of Ukraine Petro Poroshenko, in the scope of his official visit to the United States, discussed with the U.S. leadership opportunities to enhance the cooperation in the energy sector, particularly possible coal supplies from the state of Pennsylvania to Ukraine. “We continued discussing with Vice President Pence and President Trump our cooperation in the…Details
In January-April Russia imported 228.2 thousand tons of galvanized steel, up by 34.7% YoY. The main supplier was Kazakhstan with the share of 58%. The average price on the Russian border in April was $741.7 per ton. Supplies from Kazakhstan increased by 89% YoY, prices – by 43%. Then comes Ukraine with the share of…Details
In January-April Russia imported 117.4 thousand tons of galvanized steel with polymer coating, up by 3.4% YoY. The main supplier is China, with the share of 48%. The average price on the Russian border in April was $800.5 per ton. Imports from China increased by 54% YoY, and the price – by 23.4%. Kazakhstan is…Details
By 2050 the demand for coal will decrease from 69 million tons to 31 million tons. According to the energy minister Kanat Bozumbayev, this will be the result of the increase in the usage of renewable energy sources. “In the sector of electricity and heating energy generation coal consumption will fall from 50 million tons…Details
Ukrzaliznytsia has held an auction to sell non-ferrous scrap.
Steelservice LLC offered 1.8 million UAH for 18.6 tons of copper scrap, or 96.1 thousand tons per ton. The price exceeded the estimated cost 7-fold.
The initial price was 14.5 thousand tons per ton, or 96.1 thousand tons for the whole lot. (Ukrainian metal)
Khartsyzsk steel rope works Silur, situated on the territory of the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, has resumed manufacture of wire and mesh.
Earlier Silur together with Stalkanat (Odessa) was a part of Stalkanat-Silur. In 2016 the works stopped operation. (Ukrainian metal)
Omsk Electric-Mechanical Works has processed the first 5 thousand tons of metal structures according to the new technology. Its first customers are the enterprises of the nearby regions of Russia and Kazakhstan. Last year the company put into operation a newly modernized hot-galvanizing shop. “We work with our own products, as well as with orders.…Details
The United Metal Company is developing supplies of rolled sheet for construction, machine-building, shipbuilding and other industries. In particular, in January-May the group successfully supplied major traders with ST3, ST09G2S and S390 steel sheet with the thickness of 150 mm and width of 3100 mm produced by Vyksa Iron and Steel Works for the manufacture…Details
In January-May Ukraine exported 7.37 million tons of ferrous metals valued at $3.378 billion. According to the State Fiscal Service, the ferrous metals export share was 19.6% of the total volume in money terms. In particular Ukraine exported 2.6 million tons of carbon steel semi-finished products valued at $978.57 million. The main importers were Italy…Details
In mid-July Ukraine will be visited by Zhao Yang Feng bulker with 75 thousand tons of South African anthracite.
According to DTEK, the ship left Richard’s Bay on June 17.
On May 25 port Yuzhniy received a Panamax-class vessel with 75 thousand tons of anthracite from SAR for DTEK Energo thermal power plants. (Ukrainian metal)
The Chelyabinsk regional environment supervision service has cancelled the license for polluting the air, given to Mechel-Coke in March 2016. The license has been cancelled because of the company regularly exceeding the pollution quota. Mechel-Coke provides some 46% of industrial pollution in the city of Chelyabinsk, or 100 thousand tons. In the past 12 months…Details
In January-May Amur Zoloto processed 37465 tons of ore, yielding 456.6 kg of gold and 342 kg of silver at its Yubileyny GOK.
Perevalny GOK continues constructing the processing factory.
Alluvial gold sites Buor and Ulakhan washed 125.3 thousand cubic meters of sand.
The total gold yield in 5 months is 461.2 kg. (Ukrainian metal)
Mariupol Ilyich Iron and Steel Works has shipped a trial batch of S460M plate according to EN 10025-4:2004 to French customers.
“The size of the new type of rolled metal is 12:30 mm”, the company CEO Yuri Zinchenko noted.
The main condition of the order was the specified number of plates. (Ukrainian metal)
KazZinc has lobbied the retaining of the 0% duty on the imports of lead ores and concentrates with 45% metal contents to the Eurasian Economic Union till May 2019. KazZinc is the sole producer and consumer of raw lead in Kazakhstan. Last year it produced 133.5 thousand tons of lead. In 2016 EEU imports of…Details
Ukraine has gone up to the 13th position in the Worldsteel 67 countries rating. China is traditionally the first with 72.259 million tons of steel in May, up by 1.8%. Steel output in Russia dropped by 1.5%, to 5.953 million tons. In May Ukraine produced 1.6889 million tons of steel, down by 25.5% YoY. (Ukrainian…Details
Russian steelmaker Novolipetsk Steel (NLMK) has worsened its 2017 domestic demand growth forecast to 1-1.5% from 2.5%, CEO Oleg Bagrin reported on June 21 on the sidelines of the Russia Calling business forum. “We expect demand for steel to grow by 1-1.5% in 2017. We adhere to this forecast and so far we have seen…Details
Three workers – all of them citizens of China – were killed in an accident at Taldybulak Levoberezhniy mine, the Chairman of the Central Committee of the Mining and Metallurgical Trade Union of Kyrgyzstan Eldar Tadzhibaev reported. According to him, the first accident occurred on June 14. Driver was killed by a collapse of the…Details
Lugansk miners have decreased coal output this year.
According to the Ministry of energy and coal industry, Lisichanskugol mined 89.8 thousand tons of coal, down by 27% YoY.
Pervomayskugol mined 96.1 thousand tons of coal, down by 37.8% YoY. (Ukrainian metal)
The Primorye region miners obtained 2.078 million tons of coal from Bikinsoye deposits, up by 20% YoY. The deposits are developed by Luchegorsk Coal Pit (LUR) and the Petrotrade M LLC (contractor). In particular LUR mined 1.052 million tons of coal, down by 2% YoY, while Petrotrade – 1.026 million tons, up by 57% YoY.…Details
On June 22 the Russian Union of metal product suppliers will host a round table of the rebars manufacturers and suppliers. Managers and chief specialists of local rebars manufacturers will report on the GOST 34028-2016 “Rebars for ferroconcrete structures”. The participants will also discuss the current situation on the rebars market, as well as prospects…Details
In January-May Ukraine produced 408.7 thousand tons of ferrous pipes, up by 24.2% YoY, with 85.4 thousand tons produced in May. Ukrtruboprom enterprises produced 273.4 thousand tons in 5 months, up by 30.9% YoY, with 57.5 thousand tons in May. Khartsyzsk Pipe Works, situated on Ukraine-uncontrolled territory, in January-May produced 3.4 thousand tons of pipes,…Details
The European Commission has imposed final antidumping duties on the Belarus Iron and Steel Works rebars. The size of the duty is 10.6%. That’s below the December 2016 preliminary level of 12.5%. The investigation on the Belarusian rebars started in March 2016 on request from Eurofer. According to the company, in 2015 imports of Belarusian…Details
Zaporizhstal presented its blast furnace No. 3 reconstruction solutions at the Hexagon international conference in Las Vegas, Nevada. The report was presented by the capital construction and investment director Alexei Lebedev. The report touched upon details of the reconstruction site and a very small territory. The company specialists have developed a number of innovative solutions…Details
The Belarus Iron and Steel Works will redistribute shipments due to the European Union introducing customs duties on Belarusian reinforcement bars, BMZ Director General Anatoly Savenok declared. He noted: “A strategy has been developed to redistribute our shipments to other target markets. Russia is one of them since the eastern neighbor is gradually recovering.” Polish…Details