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Precious metal prices decreased in Azerbaijan on April 12. In particular, the price of gold dropped by 24.463 manats, to 2,197.9555 manats per ounce compared to the price on April 11. The price of silver went down by 0.4093 manats, to 25.4731 manats per ounce. The price of platinum decreased by 20.604 manats, to 1,519.97…
DetailsIn January-March, Ukrainian metal companies decreased natural gas consumption by 10% YoY, to 460 million cubic meters. In March consumption grew by 3% MoM, to 150 million cubic meters. Electricity consumption in Q1 totaled some 2.920 billion kW-h, down by 4% YoY. In March, Ukrainian metal companies consumed 1 billion kW-h, up by 10% MoM.…
DetailsIn 2018 Stalkanat-Silur received 160.18 million UAH of net profit, up by 7.6% YoY. EBITDA grew by 17.5%, to 174.96 million UAH. Net income increased by 29.2%, to 2.44 billion UAH. Uncovered losses amounted to 413.66 million UAH, down from 557.17 million UAH. (Ukrainian metal)
DetailsIn January-March, Ukraine decreased titanium-containing ore and concentrate exports by 6.1% YoY, to 138.817 thousand tons, valued at $36.112 million, up by 23.8%. According to the State Fiscal Service, USA imported the most (22.4%), followed by Egypt (19.36%) and the Czech Republic (14.01%). In 3 months Ukraine imported 182 tons of ore from Senegal valued…
DetailsSteel production of Russia’s Severstal grew by 0.4% YoY, to 3.044 million tons in January-March, the company said in a statement on April 12. Cast iron production rose by 1%, to 2.363 million tons. Consolidated sales of steel products went up by 1%, to 2.832 million tons. Semi-produced good sales fell by 53%, to 121,000…
DetailsIn January-March, Ukraine increased nickel and nickel wares imports by 3.4%, to $24.133 million ($8.338 million in March) and lead by 11.8%, to $3.193 million (0.918 million), but decreased aluminum imports by 4.4%, to $78.6 million ($27.829 million), tin by 38%, to $0.809 million ($450 thousand) and zinc by 43.1%, to $12.237 million ($4.986 million).…
DetailsIn January-March, Ukraine increased copper and copper wares imports by 30.1%YoY, to $27.419 million. According to the State Fiscal Service, in March $11.753 million worth of copper and copper wares were imported. At the same time, exports decreased by 57.4%, to $19.412 million. In March Ukraine exported $7.739 million worth of copper and wares. (Ukrainian…
DetailsStainless steel consumption in 2018 grew by 5.8% YoY, to 499.2 thousand tons. In 2017 the growth was 13.9%. Local production of stainless steel last year totaled 121,846 tons, up by 2.1%. In particular, Russia produced 22,483 tons of flat rolled steel, with Krasniy Octyabr accounting for some 56%. Bars output reached 55,954 tons (ZEMZ…
DetailsIn January-March Yakovlevsky Mining and Processing Works increased iron ore output by 64% YoY, to 410 thousand tons. The enterprise also shipped 149.1 thousand tons of ore. The underground machinery fleet was enlarged with two cutter-loaders and a self-propelled boring machine. The crushing and sorting factory has completed the first stage of modernization with a…
DetailsIn 2019 the Kekura deposit in Chukotka Autonomous District is expected to start yielding gold. The license to develop the deposit is owned by Bazovyye metally, a part of HGM. As of January 1, 2018 the JORC reserves totaled 2 million ounces of gold with an average content of 7 g per ton. Mineral resources…
DetailsAn investment project is currently being implemented in the sheet-rolling shop No. 1 of ArcelorMittal Temirtau. It is intended to switch to the horizontal transportation of hot-rolled coils. The project will improve shipping options and working conditions. The cost of the project is $30 million. A similar project in the sheet-rolling shop No. 1 started…
DetailsThe bar-rolling shop No. 2 of BMZ has shipped 1.5-millionth ton of metal. The anniversary batch of bars for machine-building was sent to Belmet, Austria. The shop is the youngest department of BMZ. Its first products were exported in March 2015. In February 2018 the shop reached the export level of 1 million tons. In…
DetailsIn January-March, Yerkovetsky pit mined 42 thousand tons of coal more than last year. The capacity of the pit is expected to increase to 2.5 million tons of coal per year. The Yerkovetsky Coal Pit was commissioned in 1991. (Ukrainian metal)
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