On May 7, the sales department of Dneprospetsstal held a meeting with the Energosteel Plant LLC representatives. The parties have reached an agreement on the supplies of a trial batch of 200 tons of milling balls in May. The company is interested in supplying balls with the diameter of 80 mm, the monthly sales of…Details
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In January-April, Ukraine increased iron ore raw materials exports by 7.2% YoY, to 12.705 million tons valued at $1.049 billion, up by 15.1%. According to the State Fiscal Service, deliveries were made to China (20.35%), Poland (14.35%) and the Czech Republic (11.23%). Ukraine also imported 45 tons of iron ore raw materials valued at $24…Details
The price of one ounce of gold increased by 7.429 manats or by 0.3% last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2,184.0027 manats. The price of one ounce of silver decreased by 0.1095 manats or by 0.4%, to 25.291 manats. The price of one ounce of platinum…Details
Energy and Coal Industry Minister Ihor Nasalyk said that the function of managing state-owned enterprises should not fall within the ministry’s competence. He stated this at a meeting with experts of the government-public initiative “Together against corruption”, the Energy and Coal Industry Ministry’s press service reported. “The ministry should be responsible for forming policy and…Details
In April, the Southeastern railroad transported 6.909 million tons of cargo, with 28.195 million tons transported in 4 months. In particular, the transportation of coal increased by 168.3% YoY, to 120.7 thousand tons, iron and manganese ore – by 4.9%, to 13.7 million tons, ferrous scrap – by 24.3%, to 92.8 thousand tons, refractories –…Details
A special front-end cutter allows preparing long faces for coal mining faster and makes drifters work safer. There are only two such machines in Ukraine. The third Corum machine will operate at the Pavlograd Mine Group. The capacity of the machine is 1.5 tons per minute. The machine can increase the speed of the excavation…Details
One of the largest metal-processing enterprises in the Baltic States – RK Metāls grupa – last year received 20 million euro, up by 40% YoY. “We used to take as many orders as we could take care of. This limited our possibilities. A year or two ago we changed our approach. We now take as…Details
The Metinvest Green Center has held a competition “100 yards” on the urban improvement of Kriviy Rih. This year, 197 projects were submitted for the competition. The projects have been evaluated by specialists from the site improvement and housing spheres, citizen representatives and miners. The competition has been running since 2016, and so far Metinvest…Details
In January-April Ukraine exported 858.06 thousand tons of pig iron valued at $281.94 million, down by 16.2% and by 17.2% YoY respectively. According to the State Fiscal Service, the main customers were USA (55.6%), Italy (12.88%) and Turkey (9.44%). At the same time Ukraine imported 221 tons of pig iron valued at $356 thousand, as…Details
In January-April, Ukraine exported 2.383 million tons of carbon steel semi-finished products valued at $990.036 million, up by 5.3%, but down by 5.4% YoY respectively. According to the State Fiscal Service, the main customers were Italy (30.61%), Egypt (17.41%) and Algeria (8.42%). In 4 months Ukraine imported 25.458 thousand tons of steel semis valued at…Details
On May 10, three auctions to sell scrap via the Prozorro electronic system, organized by Ukrzaliznytsia, were declared not taken place. The Ukrainian Railways intended to sell three lots: – 4 thousand tons of steel shavings for 17.4 million UAH; – 0.5 thousand tons of various scrap for 2.9 million UAH; – 0.04 thousand tons…Details
TMK postpones the SPO of its Romanian enterprise TMK-Artrom. TMK Europe intended to place 69 million shares of TMK-Artrom or 59.3955%. Moreover, the main shareholder demanded to hold a meeting of shareholders to cancel the previous decision to increase statutory capital. SPO was announced in late April. TMK-Artrom has a 16.1% share on the seamless…Details