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In January-August, Yuzhniy Mining and Processing Works increased iron ore concentrate output by 2.4% YoY, to 8.6 million tons. Sinter was not produced at all. In August, UGOK produced 1.16 million tons of concentrate, up by 10.9% YoY. (Ukrainian metal)
DetailsIn January-August, Ukraine decreased ferrous metals export revenue by 18.3% YoY, to $5.1 billion. According to the customs statistics, in August Ukraine exported $633.9 million worth of ferrous metals, up by 2.5% MoM. The share of ferrous metals in the exports structure amounted to 16.7% as opposed to 19.1% in January-August 2019. Imports decreased by…
DetailsIn July, Uzbekistan became the largest global gold seller. The country exported 11.6 tons of gold. Mongolia was next with 6.1 tons. Russia and Germany exported 0.5 tons each. Turkey bought the most gold – 19.4 tons, followed by Qatar (3.1 tons), India (2.8 tons), Kazakhstan (1.9 tons) and Ukraine (300 kg). (Ukrainian metal)
DetailsIn January-August, Ukraine exported 30.712 million tons of iron ore raw materials, up by 12.9% YoY. According to the State Customs Service, revenue grew by 0.9%, to $2.522 billion. The main customers were China (34.4%), Poland (12.17%) and the Czech Republic (10.13%). (Ukrainian metal)
DetailsInterpipe notes a large drop in scrap procurement in Ukraine together with the growth of the bad quality scrap. “Scrap procurement in Ukraine has decreased because of the pandemic leading to a drop of steel output. There is some scrap shortage, but the losses are minimal”, Interpipe CFO Denis Morozov has said. According to him,…
DetailsIn 2019, Kremenchuk Steel Works received net profit of 67.22 million UAH, down 3.1-fold YoY. Undistributed profit was 121.87 million UAH. The shareholders at a meeting intend to decide on the distribution of profit for 2018-2019 (in 2017 the loss amounted to 5.49 million UAH). Preliminary it is proposed to spend the net profit of…
DetailsIn January-August, Ukraine procured 1.907 million tons of scrap, down by 13.9% YoY. Deliveries to metal companies dropped by 13.4%, to 1.796 million tons. Exports fell by 44.4%, to 20.6 thousand tons, while imports – by 714%, to 12.1 thousand tons. (Ukrainian metal)
DetailsSince the start of the season, the miners team Vitim has extracted 1596 kg of gold, down by 13% YoY. This year, the company intends to extract 2500 kg of gold. Last year output was 2819 kg. Vitim owns over 30 licenses and is operating in Irkutsk region. (Ukrainian metal)
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