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This year the scrap procurement in Ukraine is expected to fall to 3.1 million tons. According to the UAvtormet Association, in January-November 2.8 million tons of scrap were procured, down by 14.6% YoY. Scrap deliveries to metal companies dropped by 6.9%, to 2.8 million tons. Exports in 11 months fell by 87.2%, to 40.9 thousand…
DetailsThe current regulations do not allow Ukrzaliznystia to efficiently operate on the scrap market. “The scrap prices change very quickly. We cannot catch up with them with the current regulations”, the company director on legal issues and property policy Arthur Reznik declared. “According to our calculations, it takes us 3.5 months to start the selling…
DetailsEstonia-registered NT Marine has received a right to supply over 600 thousand tons of cocking and power-generating coal from Russia to Ukraine in December. This is almost 50% of all imports. In November Kuzbassrazrezugol, Evraz, NLMZ and MMK were allowed to supply coal. Russia supplies some 1.2-1.3 million tons of coal and coke to Ukraine…
DetailsIn January-November Ukraine exported 3.68 million tons of hot-rolled flat metal with the width of 600 mm valued at $1.85 billion, up by 3%, but down by 8% YoY respectively. According to the State Tax Service, Russia accounted for 14.7% of exports, Turkey – 12.7% and Poland – 9.3%. At the same time cold-rolled metal…
DetailsIn November the First Cargo Company transported 1.5 million tons of iron ore, up by 18% YoY. Northern Railroad increased transportation by 10%, to 59 thousand tons, Sverdlovsk – by 15%, to 36 thousand tons, Krasnoyarsk – 3-fold, to 11 thousand tons, Zabaikalye – 21-fold, to 14 thousand tons and Far Eastern – by 26%,…
DetailsIn January-November the West-Siberian railroad transported 8.1 million tons of cargo in Altai region, up by 0.6% YoY. In particular, transportation of non-ferrous metals ore grew by 1.1%, to 93 thousand tons. (Ukrainian metal)
DetailsIn November Cherepovets Iron and Steel Works metal sales via railroad totaled 0.68 million tons, up by 35% MoM, but down by 6.2% YoY. In January-November sales grew by 2.1% YoY, to 7.35 million tons, the highest result for the month in the past 8 years. Deliveries to Russian customers increased by 13%, to 5.59…
DetailsIn January-November Russian seaports transported 766.8 million tons of cargo, up by 2.7% YoY. According to the Association of Sea Trade Ports, transportation of coal grew by 7.7%, to 160.5 million tons, and ore – by 31.6%, to 8.3 million tons. At the same time transportation of ferrous metals decreased by 13%, to 24.1 million…
DetailsCenterra Gold Inc. does not own any Mongolian operations or properties and has not conducted any business in Mongolia since October 2018, Kumtor Gold Company reports. Recently media have announced that Mongolian Court of Appeal has revoked four Centerra Gold licenses in favor of an NGO. In this regard, Kumtor Gold Company would like to…
DetailsThe coal output of Russia’s Yuzhniy Kuzbass, a part of metals and mining group Mechel, remained flat on the month, but jumped by 80% YoY, to more than 1 million tons in November, the company said. In January-November coal production rose by 21% YoY, to 7.7 million tons. Open pit mines of the company processed…
DetailsA specially created working commission of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan has checked readiness of coalmining enterprises in Naryn region for the heating season. The delegation, led by the Chairman of the State Committee for Industry, Energy and Subsoil Use Emil Osmonbetov, inspected how much coal was mined and…
DetailsEvraz Metal Inprom has supplied some 400 tons of flanged beams manufactured at the Evraz NTMK for the reconstruction of the Schelkovo bus station. The beams with the length of 8.2 to 12 meters were shipped in March. The new bus station with the size of 150 thousand square meters will open in Q1 2020.…
DetailsSeverstal has finished a series of capital repairs at the Cherepovets Iron and Steel Works coke-sinter-blast furnace, steel smelting and flat rolled metal manufacture. The combined cost amounted to 791 million rubles. The coke-sinter-blast furnace manufacture saw the largest blast furnace No. 5 repaired, as well as BF No. 4. At the same time six…
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