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At the public hearings, ArcelorMittal Kriviy Rih presented EIA report of the project for construction of Tretya Karta tailing pond – water-engineering structure designed to dispose of mill tailings. The new facility of mining and beneficiation complex is planned to be constructed in the territory of Shyrokovskiy district – on land plots, which are in…
DetailsIn 2019 Ukraine produced 1.002 million tons of pipes, down by 9.1% YoY, with 64 thousand tons produced in December 2019. Ukrtruboprom enterprises decreased output by 10.2%, to 715.1 thousand tons (41.1 thousand tons in December 2019). In particular, Interpipe-NTZ produced 218 thousand tons (13.7 thousand tons), down by 21.8%, Interpipe NMTZ – 103.3 thousand…
DetailsIn 2019 Izhstal increased sales of high added value products. In particular, sales of stainless steel products grew by 8%, and stainless steel with nickel – by 7%. Sales of cold-rolled strips increased by 4%. Izhstal also sold 42% more steel with special treatment. (Ukrainian metal)
DetailsIn November 2019 Russia exported 1.6 thousand tons of aluminum foil, down by 26% Mom, but up by 124% YoY. Deliveries to US dropped from 1.5 thousand tons to 1.1 thousand tons, to Belarus – by 17%, to 276 tons, and to Kazakhstan – by 42%, to 70 tons. At the same time Ukraine increased…
DetailsThe Arbitrary Court of Moscow has declared ineffective the decree of the Federal Agency on Subsoil Use on the revocation of license to prospect and mine gold ore at the Zegengolskoye deposit in the Republic of Buryatia issued to the Mining Company Olimp LLC. The 9th Arbitrary Court of Appeals declared the decree ineffective in…
DetailsSeverstal has announced its capital investment program for 2020. Severstal plans to invest approximately 110.5 billion rubles in 2020, focusing on the key areas of the company’s updated strategy as disclosed during its Capital Markets Day in November 2019 – providing a superior client experience, maintaining cost leadership and embracing new opportunities. However, as previously…
DetailsLast week, the price of one ounce of gold increased by over 26.3 manats ($15.4) or by 0.9%, to 2,677 manats ($1,574). The price of one ounce of silver decreased by 0.05 manats ($0.03) or by 0.2%, to 30.3 manats ($17.8). The price of one ounce of platinum dropped by 41.5 manats ($24.4) or by…
DetailsPresident Volodymyr Zelensky has called on the United States to cancel for Ukraine the 25% duty on steel imports. He stated this at a joint press conference with U.S. Secretary of State Mike Pompeo. “We also expect that the United States will be able to remove trade restrictions such as the 25% protective tariff on…
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