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Ukrainian Metal
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In January-June, scrap deliveries to metal companies grew by 26.3% YoY, to 1.65 million tons. Scrap procurement by metal companies went up by 42.2%, to 1.98 million tons. As of late June, scrap stocks amounted to 120-125 thousand tons. In 2020, scrap deliveries decreased by 3.9%, to 2.9 million tons. (Ukrainian metal)
DetailsTurkish Onur Taahhut Tasimacilik Insaat Ticaret Ve Sanayi Anonim Sirketi bought a 37.5% share in Spys Ukraina LLC, which in December 2020 won a tender to develop the Zheltye Vody gold-bearing field in Dniepropetrovsk region. Now all the owners of the company are either registered in Turkey or are Turkish citizens. (Ukrainian metal) Spys Ukraina…
DetailsZaporizhstal and Mariupol Ilyich Iron and Steel Works became the largest VAT receivers among metal and mining companies in June. According to the State Treasury Service, Zaporizhstal was paid 635.5 million UAH, up from 584 million UAH in May, and Mariupol Ilyich – 600 million, up from 465.6 million UAH. Interpipe Niko Tube received 476…
DetailsOn July 2, the State Property Fund of Ukraine started accepting applications for the participation in the auction to privatize the United Mining and Chemical Company. The auction is scheduled for August 31. The initial price is 3.7 billion UAH. (Ukrainian metal)
DetailsIn June, Novokramatorskiy Machine-Building Works produced the second batch of 5 segments for the Liberty Galati, Romania continuous casting machine. The first 5 segments were shipped in March. This is the first time that NKMZ ships whole such segments abroad in 10 years. Previously, the works produced only parts of such segments. (Ukrainian metal)
DetailsIn January-June, Ukraine increased steel output by 7.5% YoY, to 10.86 million tons. Pig iron manufacture grew by 8.1%, to 10.79 million tons, and rolled metal – by 6.6%, to 9.63 million tons. In 2020, Ukraine produced 20.549 million tons of steel, down by 1.4% YoY, 18.344 million tons of rolled metal, up by 0.7%,…
DetailsIn January-June, Druza LLC, developing deposits in Irkutsk region, extracted 472.6 kg of gold. All the gold was extracted at the Nevskoye deposit. Last year, the company produced 522.6 kg of gold at the deposit. This year, the output target is set at 895 kg, down by 16% YoY. (Ukrainian metal)
DetailsNursultan Nazarbayev met with Chief Executive Officer of Glencore International AG Ivan Glasenberg and thanked the company for the contribution to the development of Kazakhstan’s mining industry. The First President of Kazakhstan noted efficient work of Kazzinc LLP, the general investor in which was Glencore International AG. He stressed that Kazzinc took an active part…
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