Interpipe has for the first time shipped railroad wheels to the Netherlands. In September, a trial batch of wheels with the diameter of 840 mm made according to EN 13262 was shipped to GBV. Now Interpipe is preparing to start producing an industrial batch of wheels for the new customer. Wheels will be used to…Details
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The Ministry of Environment Protection and Natural Resources has initiated the sale of the Gulyaipole deposit of iron ore in Zaporozhye region. The average price is 1.27 million UAH. The length of the deposit is 9 km and width – 3 km. The license will be valid for 20 years. (Ukrainian metal)Details
Because of the growing prices of coking coal, provision of by-product coke plants decreased by 15% in September. This resulted in the drop in the production of steel and pig iron leading to the increase of steel prime cost. In January-August, by-product coke plants received 8.63 million tons of coking coal, down by 1.1% YoY,…Details
Ukrzaliznytsia has concluded an agreement with Interpipe NTZ on the delivery of wheels valued at 110.78 million UAH. This year, the company will supply 3588 solid wheels with ultra-sound control and the diameter of 957 mm at 30,875 UAH per ton, or $1,162. The wheels must be made not earlier than in 2021. The products…Details
In September, Dneprovskiy Iron and Steel Works decreased rolled metal output by 41% YoY, to 13 thousand tons. Pig iron manufacture fell by 45.8%, to 13 thousand tons, and steel – by 40%, to 14 thousand tons. Coke output totaled 29 thousand tons. In January-September, DMZ produced 210 thousand tons of steel, up 2.3-fold YoY,…Details
The auction to privatize the United Mining and Chemical Company has been postponed to the end of November. This was done to allow all the interested parties registering in time. Out of 19 participants only 2 have been registered so far. (Ukrainian metal)Details
In January-September, Irkutsk region extracted 18 tons of gold, down by 7.1% YoY. Ore gold amounted to 10.73 tons, down by 7.6% YoY. Polyus Verninskoye yielded the most gold – 6.69 tons, up by 7.6%. At the same time, Vysochaishiy decreased output by 26.4%, to 3.4 tons. Alluvial gold output dropped by 6.4%, to 7.27…Details
In September, Energomashspetsstal shipped its products to 10 countries, in particular to the USA, India, Italy, Spain, France and Austria. Among domestic companies the largest customers were Azovstal and Zaporizhstal. One of the products shipped was a bulk roll with the weight of 207 tons, length of 11 m, barrel diameter of 2.25 m and…Details
In January-September, Ukraine exported $5.95 billion worth of iron ore raw materials, up 2.04-fold YoY. At the same time, in monetary terms exports began to decrease. Thus, while in August exports amounted to $777.96 million, in September they totaled $472.96 million. (Ukrainian metal)Details
In January-September, Chukotka Autonomous District produced 16.06 tons of gold, down by 1.6% YoY. Silver output grew by 4.3%, to 72.84 tons. Companies developing deposits in Anadyr district yielded the most gold – 8.34 tons. In particular, Chukotskaya Mining-Geological Company produced 7.25 tons at the Kupol deposit. Rudnik Valunistiy increased output by 61%, to over…Details
After the return of the Zaporozhye Titanium and Magnesium Works to state property, the State Property Fund has invested 120 million UAH in its modernization. Prime cost of manufacture has decreased by 25%. Five bi-polar eletrolyzers have been constructed, which will increase spongy titanium output 2-fold. Moreover, the company will be able to switch to…Details
In September, Zaporizhstal produced 332.9 thousand tons of pig iron, 284.5 thousand tons of steel and 213.7 thousand tons of rolled metal, down by 13.9%, 12.9% and 22.7% YoY respectively. The decrease is due to capital repairs of the blast furnace No. 3, as well as rolling mills in hot-rolling and blooming shops. In January-September,…Details
Uzbekistan’s leading ferrous metal producer Uzmetkombinat is set to organize a debut issue of corporate bonds. A corresponding agreement was signed with Freedom Finance on September 30 on the sidelines of the Economic Forum in Tashkent. The company also inked an agreement with the consulting firm EY on providing consultations to the joint-stock company on…Details