In January-October Yakutia mined 21 tons of gold, down by 8.7% YoY. The output drop is explained by the late start of the 2016-industrial season. Some companies could not even start operating. In 2015 Yakutia mined 25.08 tons of gold, up by 5.2% YoY. This year Yakutia is expected to produce 22 tons of gold.…Details
In January-October Russia decreased palladium ingots and its alloys output by 0.1% YoY.
Platinum and its ingots production dropped by 0.4% YoY.
In October platinum output dropped by 33.6% YoY and by 28.5% MoM. Palladium output decreased by 30.2% YoY and by 6.2% MoM. (Ukrainian metal)
In January-October Kazakhstan produced 3521.85 thousand tons of steel, up by 11.7% YoY.
According to the Ministry of economy, flat rolled metal output totaled 2476.75 thousand tons, up by 17.5% YoY, ferroalloys production reached 1595 thousand tons, up by 5.8%.
Kazakhstan also mined 80.82 million tons of coal, down by 5.6% YoY. (Ukrainian metal)
In January-October Ukrainian refractory companies produced 182 thousand tons of products, up by 5% YoY. Metal wares output totaled 166 thousand tons, up by 15% YoY. Iron ore production dropped by 6%, to 62.83 million tons, concentrate – by 5%, to 52.41 million tons, At the same time iron ore raw materials output went up…Details
In Q3 MMK-Metiz received 160.1 million rubles of net profits, down by 34% QoQ. The drop is explained by the sales decrease: in Q3 the company sold 4.11 billion rubles worth of products, down by 13% QoQ. In January-September MMK-Metiz received 279.48 million rubles of net profits, up 12 times YoY, with sales down by…Details
Metinvest intends to invest around 25 million UAH into the Donetsk Medical University named after Gorky that has moved to Mariupol. “We have opened a new building of the university and started constructing another. The university has moved into our town, so we’re helping it to settle here”, the company CEO Yuri Zinchenko said. (Ukrainian…Details
In October Ukraine exported $59.03 million worth of ferroalloys, with imports on the level of $9.55 million.
According to the State Fiscal Service, the main consumer of Ukrainian ferroalloys in October was Turkey ($11.43 million).
In January-October Ukraine exported $578.55 million worth of ferroalloys, while imports reached $70.78 million. (Ukrainian metal)
In January-September the state enterprise United Mining and Chemical Company increased its net profits 2.8 times YoY, or by 427.9 million UAH, to 666 million UAH. “This has been achieved by increasing sales in the period”, the company CEO Alexander Gladushko said. Even though world ilmenite, rutile and zircon prices haven’t increased, Volnogorsk Mining and…Details
Australia will hold parliamentary hearings to discuss uranium deliveries to Ukrainian nuclear power plants. According to the parliament chairman Stewart Robert, safety measures will be discussed. The authorities want to be sure that their uranium is not used to produce nuclear weapon or in other military ways. In March Ukraine and Australia signed an agreement…Details
In October Ukraine produced 1048 thousand tons of 6% moisture bulk coke, up by 0.2% MoM, or by 2 thousand tons. In January-October coke output went up by 12.4% YoY, or by 1186 thousand tons, to 10747 thousand tons. In September Ukraine produced 1046 thousand tons of 6% moisture bulk coke, down by 3.6% MoM,…Details
The state enterprise Ukrpromvneshexpertisa forecasts that in November scrap stocks of metal companies will increase by 18.75-25% MoM, or by 30-40 thousand tons, to 190-200 thousand tons. “In October the stocks were on the level of 160 thousand tons. I believe, they will grow, because the steel smelting decrease and scrap supply growth are expected.…Details
In October Ukraine produced 81 thousand tons of steel pipes, down by 1.2% MoM, or by 1 thousand tons.
In January-October steel pipes output dropped by 0.4% YoY, or by 3 thousand tons, to 704 thousand tons. (Ukrainian metal)
The state enterprise United Mining and Chemical Company has announced a tender for the delivery of 7.1 million cubic meters of gas in 2017 for Irshansk Mining and Processing Works. The tender was announced on November 16, and the company awaits offers by December 19. The projected sum of the purchase is 63.9 million UAH…Details
In October Ukraine produced 5935 thousand tons of iron ore and concentrate, up by 4.8% MoM, or by 271 thousand tons. In particular, iron ore output dropped by 10.3% MoM, or by 95 thousand tons, to 823 thousand tons, while iron ore concentrate production went up by 7.7% MoM, or by 366 thousand tons, to…Details
ArcelorMittal Temirtau has completed the capital repairs of its blast furnace No. 4. The volume of the new furnace increased from 3200 cubic meters to 3400 cubic meters. And the first pig iron has already been produced. The furnace will reach its project capacity in 2 weeks. “This will allow us to increase pig iron…Details
In October Ukraine exported $152.64 million worth of iron ore, with imports on the level of $4.82 million.
According to the State Fiscal Service, the main consumer of iron ore in October was China ($39.29 million).
In January-October Ukraine exported $1421.4 million worth of iron ore, while imports reached $67.17 million. (Ukrainian metal)
Yenakievo Iron and Steel Works cannot put its blast furnace No. 5 into operation because of the raw material deliveries problems on behalf of Ukrzaliznytsia. “The company has just finished repairing its BF5, but cannot put it into operation, and that’s some 45 thousand tons of pig iron in November alone (or $20 million). EMZ…Details
In October Ukraine produced 1938 thousand tons of pig iron, up by 4% MoM, or by 75 thousand tons.
In January-October pig iron output went up by 9.2% YoY, or by 1671 thousand tons, to 19737 thousand tons. (Ukrainian metal)
Azovstal Iron and Steel Works has put its continuous casting machine No. 5 into operation after an overhaul.
The repairs lasted for 45 days. Investments totaled 34.3 million UAH.
“Following the CCM 5, continuous casting machine No. 4 has also been stopped for capital repairs”, the company CEO Enver Tskitishvili said. (Ukrainian metal)
In October steel output in Ukraine went up by 7.7% MoM, or by 143 thousand tons, to 2003 thousand tons.
In January-October Ukraine produced 20242 thousand tons of steel, up by 5.9% YoY, or by 1123 thousand tons. (Ukrainian metal)
The state enterprise Ukrpromvneshexpertisa forecasts that in November the average ferrous scrap price will increase by 14% MoM, or by 700 UAH per ton, to 5700 UAH per ton. “The price situation is very interesting. The metal makers have been hiding prices from each other. And worked separately with each trader. In fact, the price…Details
In October Ukraine produced 1686 thousand tons of rolled metal, down by 3.3% MoM, or by 57 thousand tons.
In January-October rolled metal output increased by 6.4% YoY, or by 1064 thousand tons, to 17811 thousand tons. (Ukrainian metal)
Ukrainian Mining and Metallurgical Company has opened a new metal supermarket in Brovary, Kiev region, increasing its sites number to 26. The decision to open the store has to do with the necessity to service the left bank side of the Kiev region. The square of the warehouse is 2 thousand square meters, allowing storing…Details
Mariupol Ilyich Iron and Steel Works has started constructing a new continuous-casting machine No. 4. The machine is expected to be put into operation in two years, providing for 380 additional jobs, according to the company CEO Yuri Zinchenko. The contract for construction with Primetals Technology (Austria) was concluded in September 2015. The new machine…Details
In January-September companies of the Russian Copper Company Chelaybinsk division (Mikheevsky GOK, Alexandrinskaya Mining and Ore Company, Karabashmed and Kyshtym Copper-Electrolytic Works) earned 31.25 billion rubles, with 6.25 billion rubles of net profits. In particular Mikheevsky GOK received 13.12 billion rubles with 2.97 billion rubles of net profits. Karabashmed earned 6.92 billion rubles, with net…Details
In October Dneprospetsstal produced 22.82 thousand tons of steel and 13.63 thousand tons of rolled metal, up by 8.2% and by 2.2% MoM respectively. The total cost of the products manufactured in October reached 543 million UAH, down by 0.5% MoM. In January-October DSS produced 196.6 thousand tons of steel and 125.02 thousand tons of…Details