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Russian metals giant Norilsk Nickel expects nickel demand to rise by 3%, to 2.538 million tons in 2020, the company said in a statement. “Primary nickel consumption is to increase by 85,000 tons (+3%), to 2.538 million tons in 2020. Primary nickel demand in Chinese stainless steel production is to amount to a moderate 2%…
DetailsThe state enterprise Toretskugol has ordered the Industrial Company Obogatitel LLC services of coal processing for 35.34 million UAH. This year the company has to process 250 thousand tons of coal with the maximum ash content of 41-44% into the coal with the ash content of 9% at 141 UAH per ton. The price of…
DetailsIn January Ukraine consumed 3.42 million tons of coal, up by 6.3% MoM, but down by 24.2% YoY. According to the State Tax Service, coal imports dropped by 8.4% YoY, to 1.63 million tons. (Ukrainian metal)
DetailsIn 2019 Mariupol enterprises of Metinvest increased tax payments by 35.7% YoY, or by 315.6 million UAH, to 1.2 billion UAH. The amount of personal tax grew 1.4-fold, to 1.02 billion UAH. 90% of taxes paid by Metinvest to the budget of Mariupol accounted for taxes of metal companies and repairmen. 10% is the share…
DetailsIn January global steel manufacture increased by 2.12% YoY, to 154.44 million tons. China is still the leader with 84.27 million tons, up by 7.22% YoY. Ukraine went up from the 13th place to the 12th with 1.84 million tons, down by 0.4%. (Ukrainian metal)
DetailsAvdiivka Coke and Chemical Works sulfuric acid stocks have fallen to the record-low level. In February the company received 387 tons of acid, while the need was 1020 tons. The shortage of acid threatens the operation of the company. Torgservice is the main supplier of sulfuric acid to Avdiivka Coke. It is the official representative…
DetailsIn 2019 Kirovsky Coal Pit, developing the Kirovskoye deposit in the Republic of Sakha (Yakutia), extracted 24.2 thousand tons of coal, down by 8% YoY. This year some 18-20 thousand tons will be mined. As of January 31, the company has already extracted 4.6 thousand tons of coal. Last year Kirovsky Coal Pit sold 27.7…
DetailsHighland Gold Mining Limited has set the volume of capital investments in 2020 at the level of $205-210 million. Last year investments amounted to $94 million. Kekura deposit in Chukotka will account for almost a half of funds. The rest will be invested in Valunistiy mine in Chukotka, as well as Belaya Gora and Zabaikalye…
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