Last year, Klyuchevsk Ferroalloys Works produced 20.3 thousand tons of ferroalloys, up from 13 thousand tons in 2017, including 7.9 thousand tons of metallic chromium, 10.7 thousand tons of ferrochromium, 274 tons of ferrotitanium and 585 tons of other ferroalloys. The company also sold 37.9 thousand tons of slag products and 19.3 thousand tons of…Details
Payments on environmental tax are growing but they are not used in Ukraine for environment protection purposes. Most of this money goes to national budget and not to local one, and is spent for anything but not for environment. It is necessary to change the mechanism for distribution and spending of this money as well…Details
The state enterprise Selidovugol has ordered Vostokmash LLC repair valued at 139.93 million UAH.
This year the company will have to repair 167 sections of mechanized anchoring 1Kd-90 at 838 thousand UAH apiece at the Mine Ukraine.
The price of the deal is 0.3% below the expected cost (140.3 million UAH). (Ukrainian metal)
In April, Energomashspetsstal shipped 460 tons of supporting rolls to Europe. The products were shipped to Germany, Romania, France, Spain and Italy. In particular, the rolls were delivered to ArcelorMittal Galati, AМ Eisenhüttenstadt, AМ Fos-sur-Mer, ArcelorMittal Piombino S.p.A. and ArcelorMittal Atlantique et Lorraine Seremange HSM, as well as to Aperam. One supporting roll weighing 33…Details
In April, Vitim started extracting alluvial gold in Irkuts region.
In just one month the company has extracted 200.2 kg of gold.
At the same time, in April 2018 the company yielded 206 kg of gold.
This year Vitim intends to extract 2800 kg of gold.
The extraction season will last till November. (Ukrainian metal)
In 2018 Chelyabinsk Iron and Steel Works decreased net profit by 20.69% YoY, to 4.2 billion rubles,
Sales revenue grew by 4%, to 124.3 billion rubles.
The cost of assets as of the end of the year totaled 230 billion rubles, up by 57%. (Ukrainian metal)
In January-March, Susumanzoloto extracting gold in Magadan region, received 1.486 billion rubles of revenue, down by 16% YoY. Sales profit grew 2-fold, to 306.4 million rubles. The company net profit increased by 53%, to 106.5 million rubles. In 2018 Susumanzoloto received 2.039 billion rubles of net profit, with the total volume in 5 years reaching…Details
In April, the deliveries of metal via railroad to the trade network warehouses reached 0.95 million tons.
According to the railroad statistics, deliveries grew by 5% YoY.
In January-April, railroad deliveries increased by 2% YoY, to 3.54 million tons. (Ukrainian metal)
NLMK Group has delivered its first batch of high-strength Quend 1100 steel to Liebherr, one of the world’s largest manufacturers of construction machinery. NLMK Clabecq (NLMK Group’s Belgian company) will supply steel to produce telescopic booms for a new type of Liebherr mobile cranes with a load capacity of 230 t. The prototype has been…Details
Some precious metals prices decreased in Azerbaijan on May 13 compared to the prices of May 10. The price of gold dropped by 4.3775 manats, to 2,183.0125 manats per ounce. The price of silver went down by 0.1518 manats, to 24.9944 manats per ounce. The price of platinum fell by 6.0775 manats, to 1,451.4515 manats…Details
In April, Energomashspetsstal shipped 380 tons of various products to 10 Ukrainian companies. According to the agreements concluded, EMSS supplied rolls, tyres, rods, wheels, etc. The company has also shipped another batch of parts for the manufacture of wind turbines. At present EMSS is working on rolls for Mariupol Ilyich Iron and Steel Works and…Details
On May 7, the sales department of Dneprospetsstal held a meeting with the Energosteel Plant LLC representatives. The parties have reached an agreement on the supplies of a trial batch of 200 tons of milling balls in May. The company is interested in supplying balls with the diameter of 80 mm, the monthly sales of…Details
In January-April, Ukraine increased iron ore raw materials exports by 7.2% YoY, to 12.705 million tons valued at $1.049 billion, up by 15.1%. According to the State Fiscal Service, deliveries were made to China (20.35%), Poland (14.35%) and the Czech Republic (11.23%). Ukraine also imported 45 tons of iron ore raw materials valued at $24…Details
The price of one ounce of gold increased by 7.429 manats or by 0.3% last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2,184.0027 manats. The price of one ounce of silver decreased by 0.1095 manats or by 0.4%, to 25.291 manats. The price of one ounce of platinum…Details
Energy and Coal Industry Minister Ihor Nasalyk said that the function of managing state-owned enterprises should not fall within the ministry’s competence. He stated this at a meeting with experts of the government-public initiative “Together against corruption”, the Energy and Coal Industry Ministry’s press service reported. “The ministry should be responsible for forming policy and…Details
In April, the Southeastern railroad transported 6.909 million tons of cargo, with 28.195 million tons transported in 4 months. In particular, the transportation of coal increased by 168.3% YoY, to 120.7 thousand tons, iron and manganese ore – by 4.9%, to 13.7 million tons, ferrous scrap – by 24.3%, to 92.8 thousand tons, refractories –…Details
A special front-end cutter allows preparing long faces for coal mining faster and makes drifters work safer. There are only two such machines in Ukraine. The third Corum machine will operate at the Pavlograd Mine Group. The capacity of the machine is 1.5 tons per minute. The machine can increase the speed of the excavation…Details
One of the largest metal-processing enterprises in the Baltic States – RK Metāls grupa – last year received 20 million euro, up by 40% YoY. “We used to take as many orders as we could take care of. This limited our possibilities. A year or two ago we changed our approach. We now take as…Details
The Metinvest Green Center has held a competition “100 yards” on the urban improvement of Kriviy Rih. This year, 197 projects were submitted for the competition. The projects have been evaluated by specialists from the site improvement and housing spheres, citizen representatives and miners. The competition has been running since 2016, and so far Metinvest…Details
In January-April Ukraine exported 858.06 thousand tons of pig iron valued at $281.94 million, down by 16.2% and by 17.2% YoY respectively. According to the State Fiscal Service, the main customers were USA (55.6%), Italy (12.88%) and Turkey (9.44%). At the same time Ukraine imported 221 tons of pig iron valued at $356 thousand, as…Details
On May 6, an employee was injured at ArcelorMittal Kriviy Rih.
The accident happened at the blast furnace shop No. 1 bin trestle.
The Industrial Service Company LLC employee was loading sinter and got burned. (Ukrainian metal)
In January-April, Ukraine exported 2.383 million tons of carbon steel semi-finished products valued at $990.036 million, up by 5.3%, but down by 5.4% YoY respectively. According to the State Fiscal Service, the main customers were Italy (30.61%), Egypt (17.41%) and Algeria (8.42%). In 4 months Ukraine imported 25.458 thousand tons of steel semis valued at…Details
On May 10, three auctions to sell scrap via the Prozorro electronic system, organized by Ukrzaliznytsia, were declared not taken place. The Ukrainian Railways intended to sell three lots: – 4 thousand tons of steel shavings for 17.4 million UAH; – 0.5 thousand tons of various scrap for 2.9 million UAH; – 0.04 thousand tons…Details
TMK postpones the SPO of its Romanian enterprise TMK-Artrom. TMK Europe intended to place 69 million shares of TMK-Artrom or 59.3955%. Moreover, the main shareholder demanded to hold a meeting of shareholders to cancel the previous decision to increase statutory capital. SPO was announced in late April. TMK-Artrom has a 16.1% share on the seamless…Details