In May Dneprospetsstal decreased steel output by 11% MoM, to 18.4 thousand tons. Rolled metal manufacture grew by 5.4%, to 13.7 thousand tons. In January-May steel output dropped by 15.5% YoY, to 90.8 thousand tons, and rolled metal – by 14.1%, to 61.5 thousand tons. (Ukrainian metal)Details
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Russian gold producer Nordgold has signed an option deal with Alicanto Minerals Ltd for a preemptive right for a buyback of the Arakaka gold ore mining project in Guyana, the company said in a statement on June 19. Under the agreement, Nordgold gets an option to buy 100% in Arakaka in exchange for $3 million…Details
In January-May Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 7.8% YoY, to 39,607 kg. In the reporting period the production of raw silver and semi-processed silver, or in powder form, equaled 400,235 kg, down by 2.5%. Besides, 676,942 tons (-8%) of untreated aluminum, aluminum oxide, 56,031 tons (-12.4%)…Details
With the commission of new steel structure capacities, Uralelectromed will increase its output to 4.5 thousand tons. Last year the company produced 3 thousand tons of metal structures. The company also plans to master the manufacture of grating. (Ukrainian metal)Details
Until 2024 thanks to prospecting works Seligdar intends to increase its ore gold reserves by 100 tons. This year the increase is expected to reach 26 tons. As of January 1, the company balance reserves amounted to 115 tons of gold, up from 106 tons as of January 1, 2018. Seligdar comprises 13 enterprises in…Details
This year Uralelectromed intends to produce some 400 thousand tons of cathode copper, on par with the previous year. Copper wire rod manufacture is also expected to remain unchanged – 170 thousand tons. Copper consumption is growing, so the company is carrying out investment projects to increase capacities. In particular, at present UEM is constructing…Details
Trubodetal has successfully passed the audit of its quality management system, environment and labor safety. The specialists of the TUV NORD CERT have noted the positive aspects of the plant operation in 2018: the mastering of new products and new markets, high level of personnel specialization, decrease of environment impact, etc. The quality management system…Details
In January-April Russia exported 14.319 million tons of ferrous metals, down by 6.1% YoY. According to the Federal Customs Service, without pig iron, ferroalloys, waste and scrap the exports totaled 9.572 million tons, down by 6.1%. Semi-finished carbon steel products accounted for 5.294 million tons, down by 2.5%. The export of flat carbon rolled steel…Details
In May 845 thousand tons of coke was delivered to Ukrainian metal companies, up by 4% MoM. In particular, Ukrainian coke reached 779 thousand tons, up by 4%, and imported – 66 thousand tons, up by 3%. In 5 months Ukrainian metal makers received 4.03 million tons of coke, down by 1% YoY. Deliveries of…Details
In January-May Ukraine decreased bulk 6% moisture coke manufacture by 2% YoY, to 4.42 million tons. In May delivery of coking coal to by-product coke plants dropped by 1% MoM, to 1.29 million tons, with local coals up by 27%, to 230 thousand tons, but imported down by 6%, to 1.06 million tons. In 5…Details
In May Ukraine exported 3.67 million tons of iron ore raw materials, up by 10% MoM. In January-May exports grew by 12% YoY, to 17.26 million tons. At the same time deliveries to local metal companies in May dropped by 13% MoM, to 2.3 million tons, and by 7% YoY, to 12.1 million tons in…Details
The mines of the state enterprise Lvivugol, the employees of which announced a strike earlier in the month, have partially resumed their work. Late on June 14, Lvivugol received the first 30 million UAH. Another 80 million are expected today for the coal sold. All the money will be spent to pay salary. At the…Details
A new batch of rolls has been shipped by Energomashspetsstal to its long-time customer in the city of Mariupol. The contract to supply equipment with Mariupol Ilyich Iron and Steel Works was concluded in November 2018. 9 rolls with the combined weight of 250 tons have been shipped, including a bulk roll weighing 120 tons…Details