In January-March, Kyrgyzstan exported 2.448 tons of gold valued at $140.3 million as opposed to 4.183 tons at $212.9 million in Q1 2020. In 2020, the state already expected the decrease in gold output. According to the Ministry of Economy, this year Kumtor will decrease output by 4.3% mostly due to lower gold content in…Details
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In January-April, Ukraine increased imports of copper and copper wares by 68% YoY, to $50.196 million. According to the State Customs Service, exports grew 3-fold, to $68.051 million. In April, copper imports amounted to $14.532 million and exports – $21.2 million. (Ukrainian metal)Details
In April, Interpipe shipped the first batch of new wheels to Deutsche Bahn. The ET 442 wheels have a diameter of 840 mm. “The ET 442 wheels are a complex product. Before making the batch, we certified the new structure according to TSI and European standards. Deutsche Bahn was satisfied with the results of the…Details
As of May 4, Irkutsk region produced 4439.6 kg of gold, down by 23% YoY. In particular, ore gold output decreased by 19%, to 4358.6 kg. Polyus Verninskoye produced 2801.3 kg, Vysochaishiy – 644 kg and its Ugakhan enterprise – 590.2 kg, while Druza – 323.1 kg. Alluvial season started in April, and the output…Details
The American Nucor has ordered Energomashspetsstal a batch of supporting rolls weighing 150 tons each. The corresponding contract was signed in April. The rolls have to be shipped until October 2022. This is the first cooperation of the parties. (Ukrainian metal)Details
In January-April, metal companies consumed around 650 million cubic meters of natural gas, up by 8.3% YoY. Electricity consumption grew by 3.9%, to 3.76 billion kW-h. In 4 months, Ukraine produced 7.14 million tons of steel (+7.2%), 7.07 million tons of pig iron (+9%) and 6.39 million tons of rolled metal (+7%). (Ukrainian metal)Details
In January-April, Dneprospetsstal increased rolled metal output by 19.1% YoY, to 56 thousand tons. Steel manufacture grew by 13.4%, to 76 thousand tons. In April, DSS produced 21 thousand tons of steel and 14 thousand tons of rolled metal. (Ukrainian metal)Details
In January-April, Ukraine exported 86.98 thousand tons of ferrous scrap (including 37.87 thousand tons in April), up 7.5-fold YoY, valued at $30.7 million, up 10-fold. According to the State Customs Service, imports grew by 36.1%, to 7.76 thousand tons valued at $13.01 million, up 2.1-fold. The main suppliers were Turkey (61.77% in monetary terms), Russia…Details
In January-April, Ferrexpo decreased shipments of iron ore raw materials to seaports via railroad by 26.3% YoY, to 0.5 million tons. At the same time, sales to the EU grew by 40.8%, to 1.2 million tons. In particular, the Zolotnishino station shipped 3.7 million tons of iron ore, down by 13.1%. The main volume was…Details
Zaporizhstal has expanded its range of hot-rolled metal products. Thus, according to the order of Sahathai Steel Pipe Public Company Limited, Thailand, the company has produced hot-rolled coils with improved properties thanks to micro-alloying with boron. The new products correspond to high requirements of international standards and will be used to produce steel pipes. The…Details
In January-March, Russia produced 58.02 tons of gold, down by 4.6% YoY. The share of extracted gold was 80.7%, or 46.85 tons, down by 2.6%. Amur region demonstrated the largest drop – to 3.8 tons from 6.6 tons in Q1 2020. Krasnoyarsk region produced the most gold – 11.8 tons, up by 0.6%, followed by…Details
In April, Dneprovsky Iron and Steel Works increased rolled metal output by 12.2% MoM, to 24.9 thousand tons. Pig iron manufacture grew by 0.8%, to 25.98 thousand tons, while that of steel – dropped by 2.8%, to 28.5 thousand tons. The company has also produced 40.2 thousand tons of coke, down by 3.2% MoM, but…Details
In January-April, Ukraine procured 1.24 million tons of ferrous scrap, up by 30.3% YoY. The growth was due to high purchasing prices. Scrap deliveries to metal works went up by 22.3%, to 1.120 million tons. Reserves are estimated at 150-160 thousand tons. Exports amounted to 87 thousand tons, up from 11.6 thousand tons in January-April…Details