In July Ukraine exported 3.5 million tons of iron ore and concentrate, up by 16.2% MoM, valued at $391.8 million, up by 75.7%. According to the State Fiscal Service, in 7 months Ukraine exported 23.3 million tons of ore valued at $2.09 billion. The share of the iron ore raw materials in the overall export…
DetailsZagorsky Pipe Works has received a right to supply pipes according to API made of steel with the strength of X80. Prior to that the company could supply large-diameter pipes with the strength of X70. The audit of the X80 pipes began in February. This year the company planned to export over 50 thousand tons…
DetailsKamchatskoye Zoloto, developing deposits in the Bystrinsky district of Kamchatka region, intends to commission the first stage of the Baranievsky Mine in the second quarter of 2020. The mine is expected to yield 73 thousand tons of ore per year. The second stage, during which the mine will reach the design capacity of 200 thousand…
DetailsIn January-July Ukraine exported 5.07 million tons of rolled metal, up by 4.5% YoY, valued at $2.676 billion, down by 6.5%. In particular, the exports of flat rolled metal increased by 6.9%, to 3.190 million tons valued at $1.63 billion, down by 3.6%, bars and sections – by 0.3%, to 1.71 million tons valued at…
DetailsIn January-July Ukraine exported 397.4 thousand tons of pipes, up by 4% YoY, valued at $430.8 million, up by 1.2%. In particular, the export of seamless pipes grew by 7.3%, to 289.6 thousand tons valued at $364.3 million, up by 4%, and of large-diameter pipes – 2.9-fold, to 11.4 thousand tons valued at $8.2 million,…
DetailsIn July Ukraine exported 197.8 thousand tons of pig iron, up by 34.6% MoM, valued at $62.5 million, up by 30.5%. According to the State Fiscal Service, in January-July 1.4 million tons of pig iron were exported valued at $453.5 million. Pig iron accounted for 1.5% of all exports. 56.6% of pig iron were shipped…
DetailsIn January-June Pobuzhye Ferronickel Plant increased tax payments by 25.6% YoY, to 51.499 million UAH. Single social payments grew by 28.1%, to 26.19 million UAH, while personal income tax and military tax increased by 25.2%, to 20.867 million UAH. Average salary went up by 29.3%, to 10395 UAH. (Ukrainian metal)
DetailsLast week the price of one ounce of gold increased by 90.5 manats or by 3.5%. Accordingly, the average price of one ounce of gold stood at 2,518.9427 manats. The price of one ounce of silver grew by 1.0469 manats or by 3.6%, to 28.5267 manats. The price of one ounce of platinum went up…
DetailsCenterra Gold Inc. announced that all conditions precedent to the completion of the Strategic Agreement entered into with the Kyrgyz Republic Government on September 11, 2017 had been satisfied or waived and all parties had therefore acknowledged that the First Completion Date (as defined in the Strategic Agreement) had occurred. All parties to the Strategic…
DetailsRussia’s gold exports grew by 67% YoY, to 15.78 tons in January-June, the Assay Chamber at the Finance Ministry, responsible for state control over exports and imports of precious metals and stones, said. Refined silver exports fell by 56.6%, to 212.1 tons, platinum by 2.2%, to 11.56 tons, but palladium grew by 7%, to 45.612…
DetailsIn June Armenia produced 1440 tons of molybdenum concentrate, up by 10.6% MoM and by 64.6% YoY, as well as by 43% from the average monthly result in the past 12 months, and the record one for the country. Ferromolybdenum manufacture increased to 674 tons, up by 1.6% MoM and by 12% YoY, after a…
DetailsChTPZ Group has started transforming its scrap-procuring division, the Meta Group of Companies. The program will run till 2023 in 2 stages. During the first stage, until 2021, the company will get a new target system of business processes and implement a number of IT-tools to manage and control scrap procurement and processing. The second…
DetailsIn July Mechel-Materials processed a record of 43 thousand tons of metal manufacture waste into mineral additive to concrete mixes. This is some 40% of Chelyabinsk Iron and Steel Works blast furnace wastes in a month. The additive is obtained by shredding pig iron manufacture waste in special mills. The use of the additive allows…
DetailsEurasian Economic Committee will impose quotas on hot-rolled metal from Ukraine and South Korea from December 1 for a year. Under the quota it will be possible to supply 1.328 million tons of rolled metal without additional payments, but over that volume the duty will be 20% of the customs cost. “The special protective measure…
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