In October Ukraine exported $31.12 million worth of steel pipes, while imports totaled $5.52 million.
According to the State Fiscal Service, the main consumer of Ukrainian steel pipes in October was Russia ($8.45 million).
In January-October Ukraine exported $331.09 million worth of pipes, with imports at $83.16 million. (Ukrainian metal)
In July-September DTEK received 2.61 billion UAH of losses against 0.52 billion UAH of losses in Q2.
According to the company statement, its income went up by 15.8% QoQ, or by 4 billion UAH, to 29.31 billion UAH (25.31 billion UAH in Q2). EBITDA totaled 4.16 billion UAH (955 million UAH in Q2). (Ukrainian metal)
In October Ukraine exported $181.49 million worth of flat rolled metal, while imports were at $44.59 million. According to the State Fiscal Service, in October the main consumer of flat rolled metal was Russia ($35.49 million). In January-October Ukraine exported $1598.19 million worth of flat rolled metal, with imports on the level of $451.26 million.…
DetailsIn October Ukraine produced 166.6 thousand tons of manganese concentrate and sinter, up by 4.7% MoM, or by 7.5 thousand tons.
According to the Association of Ukrainian Ferroalloy Producers, in January-October manganese concentrate and sinter output dropped by 17.9% YoY, or by 220.4 thousand tons, to 1010.8 thousand tons. (Ukrainian metal)
In October Ukraine exported $141.8 million worth of long rolled metal, with imports totaling $14.92 million.
According to the State Fiscal Service, most of the long rolled metal went to Russia ($23.85 million).
In January-October Ukraine exported $1437.05 million worth of long rolled metal, while imports reached $125.4 million. (Ukrainian metal)
Ferrexpo AG (Switzerland) has accumulated 99.02% of Poltava Mining and Processing Works.
Earlier the Ferrexpo stake amounted to 97.43% in the total number of shares and 39.12% in the voting shares. After the acquisition of shares Ferrexpo AG now has 99.02% in total shares and 40.71% in voting shares. (Ukrainian metal)
In October Ukraine exported $186.4 million worth of steel semi-finished products, while imports reached $2.74 million.
According to the State Fiscal Service, the main consumer of steel semis in October was Italy ($38.27 million).
In January-October Ukraine exported $1879.36 million worth of steel semi-finished products, with imports at $11.78 million. (Ukrainian metal)
In November the Dneprovsky Iron and Steel Works resumed operation of its ball-rolling shop with two mills. According to the company statement, both mills have been idle for a year. A large order, received in October, made it possible to completely load both mills for almost a month, producing 40 and 60 mm balls. In…
DetailsThe state enterprise Ukrpromvneshexpertisa says the zero duty on scrap imports will not greatly affect imports. “There is no country that could supply scrap to us at favorable conditions. The decree weakly affects imports. We didn’t import scrap not because of the duty, but because there was nowhere to import it from”, UPE deputy director…
DetailsThe Krasnoarmeysk prosecutors have found out that the state enterprise Krasnolimanskaya Coal Company has not been paying pensions for some time.
According to the prosecutors, the debt to the Pension fund amounts to 8.3 million UAH. The office filed 2 cases to the Donetsk district administrative court demanding this money to be paid. (Ukrainian metal)
In January-October raw zinc output in Russia increased by 4.4% YoY.
According to the Federal Service of State Statistics, in October raw zinc production went up by 14.2% YoY and by 30.4% MoM. (Ukrainian metal)
In January-October output of refined copper dropped by 0.7% YoY.
According to the Federal Service of State Statistics, copper foil output dropped by 13.7%, of wire – by 17%, while that of plates, sheets, strips and bars went up by 5.5%, of rods and sections – by 19.6%, all YoY. (Ukrainian metal)
The government will provide guarantees for 1 billion UAH to finance mines. This will allow clearing salary debts to miners, amounting to 100 million UAH. Some money will be given to the development of mines. For example, Lisichanskugol has drafted a development program, envisaging financing of two mines. In the nearest future 350 million UAH…
DetailsThe mine named after Stashkov has put a new face into operation. Its reserves are estimated at 460 thousand tons of coal. The average daily output is expected at 2 thousand tons. Miners have enough work until August 2017. DTEK investments into the capital repair of equipment and the long face development exceeded 21.3 million…
DetailsIn January-September Kazakhstan exported 51.6 thousand tons of steel pipes to Russia, up by 90% YoY, and by 41% compared with the total 2015 volume. Kazakhstan occupies the second position in Russia’s imports after China. 96% of the pipes exported to Russia are up to 406.4 mm diameter pipes for oil and gas pipelines, as…
DetailsIn January-October Central Mining and Processing Works, a part of Metinvest, produced 1.983 million tons of pellets, on the 2015 level. According to a company representative, iron ore concentrate output dropped by 15.2% YoY, to 4.389 million tons. In October CGOK produced 209 thousand tons of pellets and 407 thousand tons of concentrate. In 2015…
DetailsIn January 2017 the hot-rolling mill-2000 at Magnitogorsk Iron and Steel Works will be halted for capital repairs for 9 days. At present the preliminary works are being carried out at the mill. The overhaul will increase capacity by 150 thousand tons of metal per year. The works will be carried out by the specialists…
DetailsIzhstal, a part of Mechel, has received the certificate of quality correspondence from one of the major aviation machinery producers in Russia – Aviastar-SP.
Izhstal supplies commercial steel to Aviastar-SP: cold-drawn, calibrated, structural and structural nickel-containing steel. The certificate is valid for 3 years. (Ukrainian metal)
In January-September Russia exported 160 thousand tons of transformer steel valued at $227 million, down by 14% and by 22.5% YoY respectively. These are the lowest results in 3 years. Some 22% was exported to India, down by 2% YoY. Turkey occupies the second position with 19%, down by 30% YoY, while last year it…
DetailsIn 2016 Russia plans to produce 297 tons of gold, up by 1.2% YoY.
Last year Russia produced 293.4 tons of gold, up by 2% YoY
In January-September gold output went up by 0.4% YoY, to 219.25 tons. (Ukrainian metal)
The State committee of industry, energy and subsurface resources management plans to hold an auction on the goldfield Irisay on December 19.
The starting price of the license for the object is 2.8 million soms ($40.12 thousand). The projected gold reserves are 13180 kg. (Ukrainian metal)
The Antimonopoly committee of Ukraine has to check the intentions of Ukrzaliznytsia on increasing transportation tariffs in 2017 by 25% for cargo and by 35% for passengers. This has been voiced by the chairman of the Metallurgists Federation of Ukraine Sergey Belenky. According to him Ukrzaliznytsia management has officially confirmed this plan. “The Ministry of…
DetailsRussian uncut diamond mining giant Alrosa and metals holding Norilsk Nickel have asked the natural resources minister to simplify the procedures needed to expand licensed fields. The licenses for the older deposits of the companies were given in the Soviet times or the early 1990s, when the depth and the area of drilling were severely…
DetailsRussia’s United Metallurgical Company (OMK) is seeking to sell or send to Russia the capacities of the Texas-based subsidiary OMK Tube and is in talks with South Korea’s SeAH Steel as a potential investor. The negotiations are not exclusive but other contenders for the asset have not been disclosed. OMK bought Tubular Solutions, a firm…
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