Russia: 19 tons of gold extracted in Chukotka
In January-September, Chukotka produced 18.1 tons of gold. Alluvial gold accounted for 2 tons, up by 211 kg YoY. 18 enterprises extracted alluvial gold in the region. (Ukrainian metal)
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Ukraine: NKMZ net profit down in January-September 2021
In January-September, Novokramatorskiy Machine-Building Works received a net profit of 407.83 million UAH, down 2.8-fold YoY. Net income dropped by 2.2%, to 4.72 billion UAH. Gross profit amounted to 1.65 billion UAH, down by 8.5%. Machinery for metal industry accounted for 40% of sales or 1.89 billion UAH, while machinery for mining and construction industries…
DetailsUkraine: scrap export up in January-October 2021
In January-October, Ukraine increased ferrous scrap export 19-fold YoY, to $195.7 million. According to the State Customs Service, in October exports amounted to $20.16 million as opposed to $1.74 million in October 2020. Imports grew 2.2-fold, to $37.44 million, with $5.64 million imported in October. (Ukrainian metal)
DetailsUkraine: Zaporizhstal output up in January-October 2021
In October, Zaporizhstal decreased rolled metal output by 3.5% YoY, to 267 thousand tons. The company also produced 345.8 thousand tons of pig iron, down by 13.3%, and 279 thousand tons of steel, down by 14.6%. The drop is due to the shortage of coking coal. In January-October, Zaporizhstal produced 3613.4 thousand tons of pig…
DetailsKazakhstan: oil and gas pipes now produced in Atyrau
A plant to produce pipes for oil and gas industries has been launched in Mangystau region. This is the first plant in Kazakhstan to produce steel pipes of small and medium diameter (up to 530 mm). The capacity is around 700 km of pipes per year. Investments in the project amounted to 5 billion tenge.…
DetailsUkraine: ferrous metals export revenue up in January-October 2021
In January-October, Ukraine exported $11.54 billion worth of ferrous metals, up by 80% YoY. According to the customs statistics, in October revenue totaled $1.21 billion, up by 82.4%. Imports in 10 months grew by 44.45%, to $1.25 billion, with $139.13 million imported in October, down by 60.7%. (Ukrainian metal)
DetailsUkraine: VostGOK output down in January-September 2021
In January-September, the state enterprise Vostochniy Mining and Processing Works produced 340.3 tons of uranium oxide concentrate, down by 47% YoY. Uranium ore mining dropped by 20%, to 343.8 thousand tons. The concentrate price dropped by 44%, to 990.7 million UAH. (Ukrainian metal)
DetailsUkraine: Ferroalloys Associations asks to impose duty on imports from Russia
The Ukrainian Association of Ferroalloys Manufactures asks the authorities to impose a special duty on the import of ferroalloys from Russia. At present the duty for Russia is zero, while the country has a duty of 5% on almost all Ukrainian ferroalloys. Under such conditions, local ferroalloy manufacturers are unable to compete. The association believes…
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