In January Ukraine exported 3.14 thousand tons of scrap, down 10.8-fold YoY.
According to the State Fiscal Service, the value of the scrap exported dropped 10.6-fold, to $936 thousand.
In December 2018 Ukraine exported 7.488 thousand tons of scrap.
The main customers were Turkey (75.61%), the Netherlands (16.9%) and Germany (3.74%). (Ukrainian metal)
Interpipe has won a tender to supply 1.674 thousand tons of steel pipes to Ukrtransgaz. The cost of the pipes is 109.186 million UAH. The auction was held on February 11. Trading House Trubizolkomplekt offered to supply pipes for 109.265 million UAH. The pipes have to be delivered from March 1 through December 31. (Ukrainian…
DetailsIn January Yuzhniy Mining and Processing Works increased concentrate output by 4.6% YoY, to 1.102 million tons. According to the company statement, sinter manufacture dropped by 19.6%, to 105.7 thousand tons. In 2018 UGOK produced 12.247 million tons of concentrate and 1746.3 thousand tons of sinter, down by 0.2% and by 6.04% YoY respectively. (Ukrainian…
DetailsZaporizhstal decided to attract $18 million from Ukrgazbank. The decision has been taken at an extraordinary meeting of the shareholders. The shareholders have approved of taking a loan of $18 million for 5 years with the interest rate of 7% to 9%. The company CEO Rostislav Shurma, or an individual acting as a CEO, has…
DetailsIn January Ukraine imported $80.345 million worth of ferrous metals, down by 9.2% YoY.
According to the State Fiscal Service, in December 2018 imports stood at $101.118 million.
The import of metal wares in January grew by 5.3%, to $63.229 million.
In December 2018 Ukraine imported $81.192 million worth of metal wares. (Ukrainian metal)
In January Ukraine increased ferrous metals export revenue by 12.3% YoY, to $980.43 million. According to the State Fiscal Service, ferrous metals accounted for 24.11% of the exports as opposed to 23.45% in January 2018. In December 2018 the revenue was $760.141 million. The exports of metal wares in January increased by 10.5%, to $73.229…
DetailsPJSC Magnitogorsk Iron & Steel Works announced that on February 8 the company’s Board of Directors recommended that the Annual General Meeting of shareholders approve a dividend of 1.398 rubles (before taxes) per share for the fourth quarter of 2018 on MMK’s issued ordinary registered shares. The dividend will represent the total of approximately $239…
DetailsLast year social expenditures of ArcelorMittal Kriviy Rih rose by UAH 92 million YoY, from UAH 340.6 million to UAH 432.7 million because of the increase of financing of some items and launching of new projects. The most significant part of the funds in 2018 was allocated for the rest and recuperation of the company’s…
DetailsIn January Dneprovsky Iron and Steel Combine produced 54 thousand tons of rolled metal, up by 20.7%. The pipe-billet mill output grew by 12.2%, to 5.6 thousand tons, the mill-400/200 – by 17.7%, to 41.5 thousand tons, and the ball-rolling mill by 22.4%, to 5.4%. Last month the enterprise produced 292.4 thousand tons of sinter,…
DetailsThe prices of precious metals varied in Azerbaijan on February 11. The price of gold increased by 2.822 manats, to 2,228.7935 manats per ounce compared to the price on February 8. The price of silver grew by 0.1371 manats, to 26.7958 manats per ounce. The price of platinum dropped by 4.369 manats, to 1,349.2560 manats.…
DetailsZagorsky Pipe Works has successfully shipped the last batch of pipe piles to Bangladesh for the construction of the Ruppur NPP.
Since November 2018 the company has supplied over 10 thousand tons of pipe piles with the diameter of 630 to 1420 mm.
The pipe piles were shipped in containers. (Ukrainian metal)
In 2018 Stoylensky Mining and Processing Works increased concentrate output by 8% YoY, to 17.4 million tons, having become the second largest producer in Russia.
Sinter ore manufacture totaled 1.5 million tons.
Pellets output was 6.7 million tons, up by 12%. (Ukrainian metal)
In January Chukotka Autonomous District extracted 1665 kg of gold and 8.7 tons of silver, down by 5% and by 19% YoY. At present only ore gold is being mined. 5 companies are involved in the process. Alluvial gold sites development will start in May. 7 companies will operate there. In 2018 Chukotka obtained 24,130…
DetailsIn 2018 Severstal-Metiz mastered the manufacture of over 150 new types of products. In particular, the company has started producing new types and sizes of steel sections, fasteners and bars, as well as ropes and wires. “Severstal-Metiz is constantly trying to create new products and is actively developing import-replacing programs”, the company CEO Sergey Kovryakov…
DetailsArcelorMittal Kriviy Rih held public hearings on the intention to obtain air emissions permit from stationary sources of the industrial site No. 1 of Metallurgical Production and Underground Mining Department. The hearings were held with the participation of public environmental NGOs, deputies of the City Council, the residents of the city, as well as experts…
DetailsThe net profit of Russian gold producer Polyus plummeted by about 60% YoY, to 29.266 billion rubles in 2018, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on February 11. Revenue rose by 16.4% YoY, to 184.692 billion rubles in 2018. Gross profit gained 17%, to 117.347 billion rubles,…
DetailsThe premises and movables of the insolvent KVV Liepajas metalurgs were sold on February 8 at an auction for 255.8 thousand euros. The initial price was 209.3 thousand euros. In March 2018 Smart Stahl GmbH (Austria) purchased the movables of the rolling shop. FeLM received the electric arc furnace. KVV Liepajas metalurgs was declared insolvent…
DetailsKazakhstan will remain the world’s leader in uranium mining despite the complicated situation on the global market, said Minister of Energy of Kazakhstan Kanat Bozumbayev. “Now there is an oversupply of uranium and this trend continues,” he told the extended board meeting of the Ministry of Energy. According to the ministry’s press service, in 2018,…
DetailsThis year Dneprovsky Iron and Steel Combine intends to master the manufacture of 6 new types of products, in particular, the wire rods for steel ropes and welding wire, 6 sizes of rebars, and SG2 continuous cast billet. Last year the company mastered the manufacture of 7 new types of rolled metal to increase its…
DetailsIn January Druza LLC extracted 68.3 kg of gold, down by 2.4% YoY.
At present the company is developing the Nevskoye gold ore deposit in Irkutsk region.
The development of alluvial sites will start in May and last through October.
In 2018 Druza LLC yielded 944.4 kg of ore gold. (Ukrainian metal)
Karelsky Okatysh, a subsidiary of the Russian steelmaker Severstal, plans to raise investment in production by 50% YoY, or by 2.8 billion rubles, to 8.4 billion rubles in 2019, the company said. Karelsky Okatysh plans to spend the money on construction of a conveyor facility in the central open-pit mine that should make transportation of…
DetailsIn 2018 Russia imported 7.137 million tons of ferrous metals, up by 4.9% YoY. In December 2018 imports grew by 3.9% MoM, to 0.487 million tons. According to the Federal Customs Service, the import of ferrous metals not counting pig iron, ferroalloys, waste and scrap, was 5.666 million tons, down by 0.4%. In December 2018…
DetailsThe state enterprise Vostochniy Mining and Processing Works has concluded an agreement with Energy Trade Group LLC on the delivery of natural gas valued at 143.83 million UAH. This year the company will supply 13.15 million cubic meters of gas valued at 10,938 UAH per 1 thousand cubic meters. The price of the agreement is…
DetailsIn January Energomashspetsstal sold 170 tons of products to 5 local companies.
In particular, EMSS supplied to Azovstal, Mariupol Ilyich Iron and Steel Works, Kramatorsk Heavy Machine-Tool Works, Zaporozhkran and Magma LLC.
Ukrainian customers ordered rolls, gondola frames, rods, gears, wheels, etc. (Ukrainian metal)