By July Seligdar will have put the new gold-extracting factory at the Ryabinovoye deposits in Yakutia in operation and plans to mine at least 400 kg of gold there this year. Investments into the factory total 6.335 million rubles. The factory capacity is 1 million tons of ore per year. The factory will produce some…Details
Last year the export duty for scrap increased from 10 euro per ton to 30 euro. This has immediately affected the budget – taxes increased almost 2-fold. And much more raw materials stayed in the country. “At present Azovstal Iron and Steel Works is fully provided with scrap. Unfortunately a year ago the situation was…Details
In April, according to the customs statistics, corrosion-resistant rolled metal imports reached 21.6 thousand tons, up by 2.4% MoM and by 18.7% YoY, valued at $50 million, up by 3.3% MoM and by 34.7% YoY. In January-April Russia imported 86.2 thousand tons of corrosion-resistant rolled metal valued at $182 million, up by 36% and by…Details
Kazakhstan continues increasing exports. In January-April exports increased by 21%, or by $836 million. Metal product exports account for 54% of the total volume. The highest increase in prices was also noticed in the metal industry. China and Russia remain the main export markets, accounting for over 40% of all exports, up by 21% and…Details
In May Vostsibugol mined 723 thousand tons of coal in Irkutsk region. Vostsibugol operates Cheremkhovugol, Tulunugol and Zhronsky open-pits. In May Cheremkhovugol mined 318.6 thousand tons of coal, Tulunugol – 340.4 thousand tons and Zheronsky – 63.8 thousand tons. In January-May Vostsibugol mined 4.496 million tons of coal, up by 2.6% YoY. This year the…Details
This year Electrozinc will complete the overhaul of the sulfuric acid mill. According to the company statement, the main assets are the absorber and the transformer substation. When the absorber is put into operation, the gas purification will increase to 99.99%. The total cost of the absorber construction is 186 million rubles, and the construction…Details
Severstal-Metiz has rebranded two of its assets.
From June 19 Redaelli SSM will be called Severstal Kanaty (Severstal Wire Ropes).
From June 20 Techi Rus will be called Severtsal Podyemnye Tekhnologii (Severstal Lifting Technologies LLC).
The bank data, tax number and addresses of the companies will remain the same. (Ukrainian metal)
In May the Demidov Group of Companies sold 28 thousand tons of pipes to customers.
The manufacturing capacities were 87% loaded in May, and that was the best result since the beginning of the year.
The Devlenakovo subsidiary sold 6 thousand tons of pipes, up by 35% YoY. (Ukrainian metal)
In January-March Sverdlov region increased metal exports by 34% YoY. According to the information department of the governor, in particular, titanium exports increased by 18%. The growth has also been noted in the exports of ferrous and non-ferrous metals and wares. The main importers were Belgium, UK, Greece, the Netherlands, Serbia, USA and the Czech…Details
The largest Egyptian metal company Ezz Steel plans to increase rebars output to its maximum of 4.6 million tons per year, if the government extends antidumping duties on the import of rebars from Ukraine, China and Turkey, imposed in early June. The duties of 10-27% have been imposed for 4 months. Last year Egypt consumed…Details
The founder of VETEK Sergey Kurchenko started exporting coal of Ukrainian origin. According to sources, anthracite is mostly sold to Turkey. The first sales commenced in April, and became systematic in May-June: some 5-6 vessels carrying 20 thousand tons of coal unload in Turkey each month. Coal, mined on the occupied territories of Donetsk and…Details
A single service for geological exploration of uranium, precious and non-ferrous metals will be created in Uzbekistan under the State Geology and Mineral Resources Committee, according to the decree of Uzbek President Shavkat Mirziyoyev. The decree published on June 16 reads that the Scientific and Production Center “Geology of Precious Metals and Uranium” of the…Details
The salary of Evraz DMZ and Evraz Yuzhkoks employees has gone up by 15% since June. According to Evraz statement, since the beginning of the year the increase has been 18.3%. The average wages at Evraz Ukrainian companies is now 8829 UAH. The group also intends to spend 63 million UAH to improve labor conditions.…Details
In May metal companies received 700 thousand tons of coke, up by 80 thousand tons MoM, with 3.5 million tons of local coke supplied in January-May, down by 26% YoY. Imports saw 75 thousand tons (as in April), and 355 thousand tons in 5 months, down by 8% YoY. Taking imports into account, metal companies…Details
In May by-product coke plants received 320 thousand tons of local coal, up by 100 thousand tons MoM, with 1.6 million tons (down by 38% YoY) delivered in 5 months. Imports in May increased by 10 thousand tons MoM, to 790 thousand tons, but dropped by 17% YoY, to 4.3 million tons, in January-May. Thus…Details
In May metal companies received 2 million tons of local iron ore raw materials, up by 160 thousand tons MoM. In January-May the deliveries dropped by 12% YoY, to 10.3 million tons. May, as well as April, saw now imports of iron ore raw materials. In 5 months imports reached 90 thousand tons, down by…Details
In January-April Russian raw nickel exports totaled 48 thousand tons valued at $462 million.
According to the customs statistics, this is down by 30.7% and by 20.8% YoY respectively, and the lowest indexes for the last 10 years. (Ukrainian metal)
Polymetal has received 3 licenses in the Primorye region with the combined reserves of 1 thousand tons of silver and 2 tons of gold. Previously the license-holder for the sites was Primorye Mining Company Vostok. The Kumirny site is the most interesting to the company, as its estimated reserves as of 2010 were 440 tons…Details
Within the program of developing cooperation with Yichang, Zaporizhstal has been visited by a delegation headed by the deputy mayor. The guests have been shown ecological modernization projects, including the reconstruction of the blast furnace No. 3 with investments at 1.5 billion UAH and the modernization of the sintering factory gas-purifying machines. “We have something…Details
Despite the decrease in sales at the start of the year due to the low customer activity on the background of the high prices, Staltrans has been able to stabilize and even strengthen its positions on the metal wares market. In March the company sold 3883 tons of wares, up by 17.5% MoM, while the…Details
Trubodetal Works, a part of OMK, has confirmed the correspondence of its quality, environment and labor safety management systems according to ISO and OHSAS. The audit has been carried out by TUV NORD CERT GmbH, which has recommended providing Trubodetal with the new certificates of ISO 9001:2015 and ISO/TS 29001:2010 as well as confirming OHSAS…Details
Evraz has finalized the deal on selling 100% of Nakhodka sea trade port to its main shareholder Lanebrook Limited for $354.4 million. In May Evraz sold its Ukrainian Evraz Sukhaya Balka mine to Berklemond Investments Ltd. In March Evraz announced it was selling Yuzhkoks. And in 2015 it sold Dneprodzerzhinsk Coke Plant to Lanebrook Ltd.,…Details
PJSC ArcelorMittal Kriviy Rih has carried out the first transactions for acquisition of the premises in “Zhukovka village” (Lavrenyova and Chystopilska streets of Saksahanskiy district of Kriviy Rih city). The purchase and sales transactions were carried out in line with the legislation of Ukraine and with the company’s previously announced offer to purchase here each…Details
Russian coal producer Raspadskaya will consider paying final dividends for 2017, investment company Aton said in a research note after meeting with representatives for Raspadskaya’s parent company Evraz. But the company does not want to rush with dividends, as good financial results for January-June may be temporary due to the pressure from the rising ruble…Details