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In January, Russia produced 19.92 tons of gold, up by 13.9% YoY. The share of by-product gold amounted to 1.49 tons, up by 23.1%, and secondary gold – 2.31 tons, up by 2.7%. The rest was extracted gold (16.12 tons). Traditionally, the Far Eastern Federal District provides for over 50% of extracted gold. In January,…
DetailsIn January-May, Ukraine decreased revenue from ferrous metals export by 19% YoY, to $3.3 billion. According to the customs statistics, in May revenue totaled $601.5 million. The share of ferrous metals in the overall export currency volume decreased by 16.86% from 19.47%. Import of ferrous metals dropped by 23.4%, to $377.9 million. (Ukrainian metal)
DetailsIn April, metal companies were provided with scrap for 94.2% and in the first 5 months – for 101.3%. In May, scrap deliveries decreased by 44.6%, to 174.9 thousand tons, and in January-May – by 19.7%, to 1.1 million tons. The largest consumers were Metinvest enterprises and Dneprovsky Iron and Steel Combine (41.2 thousand tons),…
DetailsPobuzhye Ferronickel Plant will invest $6.4 million in the reconstruction of its gas-purifying equipment. In particular, the company has started working on the project to reconstruct the third stage of gas-purifying equipment. The company has already installed a reserve smoke-exhaust system. The cost of assembly reached 300 thousand UAH. (Ukrainian metal)
DetailsThe State Property Fund was able to replace the director of Zaporozhye Titanium and Magnesium Works LLC based on a decision taken by the Cabinet of Ministers back in February. “Last week we returned Centerenergo to the state, and now have secured state control over ZTMK. The Unified registry of entities now has information about…
DetailsDneprovsky Iron and Steel Works has resumed shipping metal after more than 6 months of idleness. The company has sent out 167 carriages with sinter from the Goryainovo and Kaydakskaya stations. On June 10, DMZ plans to ship 13 thousand tons of metal products (220 carriages) from the Kaydakskaya station. The batch will comprise channel,…
DetailsMany coalmines are closed in the temporarily occupied territories of Donbas, and a large number of local residents become unemployed. The closure of Ukrainian coalmines is beneficial for the Russian Federation, which wants to trade its own coal, Vice Prime Minister – Minister for the Temporarily Occupied Territories of Ukraine Oleksiy Reznikov has said. “The…
DetailsDuring the coronavirus quarantine lockdown, Metinvest enterprises carried out 21 capital repairs of machinery and mastered manufacture of 16 new types of products, having spent 331 million UAH on modernization. In particular, Azovstal repaired 16 main machines. Investments totaled 126 million UAH. Mariupol Ilyich iron and Steel Works finished 5 capital repairs of main and…
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