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In February, Kazakhstan exported 18.7 thousand tons of ferrous scrap to Russia, down 1.9-fold MoM and 2.06-fold YoY. In January, the results were -1.9-fold and +29.7% respectively. The price grew by 5.7%, to $339.6 per ton. In January-February, the exports totaled 57.2 thousand tons, down by 18% YoY. (Ukrainian metal)
DetailsBuryatzoloto, a part of Nordgold, has signed an agreement to sell its Zun-Kholba LLC mine to Chesio Limited. In 2020, the mine yielded 7.3 thousand ounces (0.3 tons) of gold. The mine has been operating for 35 years (since 1986) and now its reserves are much depleted. Buryatzoloto also owns the Irokinda mine employing over…
DetailsThe Court of Appeal considered the appeal against the decision of the Dnipropetrovsk District Administrative Court, which had previously confirmed validity of EIA, issued by the Ministry of Environmental Protection and Natural Resources of Ukraine for the construction of a new dump in Kryvyi Rih, and made a conclusion that land plots on which the…
DetailsIn January-March, Ukraine produced 60 thousand tons of refractory materials, up by 9.9% YoY. In March, output reached 21 thousand tons. If the rate is maintained, this year refractory companies will produce 242 thousand tons. Last year, output decreased by 14% YoY, to 216 thousand tons. (Ukrainian metal)
DetailsShareholders of Zaporozhye Ferro Alloys Plant intend to leave all the profit received in 2018 (112.581 million UAH) undistributed. According to the agenda of the meeting scheduled for May 21, the dividends will not be paid. In 2019, the company received a net loss of 600.669 million UAH. As of late 2019, the undistributed profit…
DetailsIn March, Interpipe Steel increased steel output by 35% MoM, to 79.5 thousand tons. In 3 months, the company produced 193.2 thousand tons of steel, down by 10.8% YoY. Last year, Interpipe Steel decreased steel output by 11.2%, to 785.7 thousand tons. (Ukrainian metal)
DetailsIn 2020, Energomashspetsstal invested over 4 million UAH in projects connected with environment protection. For the current year the company has developed a plan of measures to protect environment and rationally use resources. Moreover, EMSS will carry out re-certification of its environment management system according to ISO 14001-2015. (Ukrainian metal)
DetailsThe Ferrexpo board of directors suggests paying $0.132 per share in final dividends for 2020 compared with $0.033 for 2019. Overall dividends for 2020 will amount to $0.856 per share, as opposed to $0.198 in 2019. Subtracting the special interim dividends announced in Q1, the final payment will be $0.299 per share. The amount of…
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