Ukrainian Metal
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On July 22 an employee perished at the Dneprovsky Iron and Steel Combine. This is the second accident this year. The accident happened in the blast furnace shop. The employee worked for a subcontracting organization. The previous accident happened on February 18. (Ukrainian metal)
DetailsIn January-June Ukraine manufactured 9.42 million tons of rolled metal, up by 1.9% YoY, of which 8.11 million tons, or 86.1%, were exported. In H1 2018 the share of exports was 84.6% (7.82 million tons out of 9.25 million tons produced). The main export markets were the EU (32.1%), Africa (18.9%) and the Near East…
DetailsIn January-June Ukrainian metal makers supplied 1.312 million tons of rolled metal to the domestic market. In 6 months domestic market received 1.974 million tons of rolled metal, of which imports accounted for 661.8 thousand tons, or 33.5%. In H1 2018 domestic market received 2.081 million tons, including 653.3 thousand tons of imports, or 31.4%…
DetailsNLMK Group, a global steel company, has signed a long-term strategic partnership agreement with LTC Group, Italy and Middle East, a leading European manufacturer of components for transformers and power generation devices. Under the agreement, NLMK Group companies in Lipetsk and Yekaterinburg will regularly supply grain-oriented and non-grain-oriented electrical steel and provide technical support to…
DetailsDebt-ridden metals giant Mechel has suggested its creditor banks reschedule repayment of a 347.5-billion ruble body of the debt for two years to 2024-2026, Deputy Chairman of one of the key creditors, Sberbank, said on July 24. “Mechel sent an updated financial model to the banks in June and asked to reschedule core debt repayment…
DetailsRussian precious metals producer Polymetal International increased gold production by 35%, to 602 000 ounces, while silver output fell by 14%, to 11 million ounces in January-June, it said in a statement. “We expect our production volumes to be significantly higher in the second half of the year because of a seasonal fall of concentrate…
DetailsBoard of Directors of Canadian gold mining company Centerra Gold Inc., the main shareholder of which is Kyrgyzaltyn OJSC, have approved of the decision to allocate $6 million for geological exploration at Kumtor mine. Additional investments in the amount of almost half a billion soms give a positive signal to the Kyrgyz economy that continued…
DetailsIn May Russia exported 10.3 thousand tons of flat rolled aluminum, down by 10% MoM and by 6% YoY. In 5 months exports totaled 49.5 thousand tons, down by 0.6% YoY. In May deliveries to Germany dropped by 23%, to 30%. Finland accounts for 9.8% of the entire volume and US – 9.6%. In monetary…
DetailsIn January-June Russia produced 25.6 million tons of pig iron, down by 1.4% YoY. Rolled metal output grew by 0.2%, to 30.8 million tons. Pipes, sections and fittings manufacture dropped by 1.2%, to 6.1 million tons. In June Russia decreased pig iron output by 3.1% YoY, but increased that of rolled metal and pipes –…
DetailsIn May Russia imported 82.4 thousand tons of manganese ore and concentrate, down by 22.3% MoM and by 9.7% YoY. In 5 months imports dropped by 19.2%, to 389.8 thousand tons. Deliveries from the South Africa and Kazakhstan decreased by 25% and 28% respectively, to 51 and 13 thousand tons. In monetary terms since the…
DetailsIn May Russia exported 2.5 thousand tons of titanium, up by 8% MoM and by 4.8% YoY. In 5 months exports totaled 11.5 thousand tons, up by 2.3% YoY. USA and Germany increased titanium imports from Russia by 18.5% and by 31% respectively. Deliveries to US accounted for 27.4% of the total exports, and to…
DetailsIn May Russia imported 3.5 thousand tons of raw zinc, down by 22.6% MoM, but up by 370.1% YoY. Kazakhstan and Uzbekistan decreased deliveries by 27%, while Peru increased almost 2-fold. In 5 months imports grew by 295%, to 22.4 thousand tons. In monetary terms since the start of the year imports have increased by…
DetailsIn May Russia exported 12.5 thousand tons of nickel matte to Finland, up by 26.2% MoM, but down by 25.1% YoY. In 5 months exports totaled 48.4 thousand tons, down by 36.5% YoY. In monetary terms exports since the start of the year have increased by 28.8%. Export prices in May dropped by 3%, to…
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