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
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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
Precious metal prices decreased in Azerbaijan on May 10 compared to the prices on May 8. The price of gold dropped by 0.7225 manats, to 2,187.3900 manats per ounce. The price of silver fell by 0.2697 manats, to 25.1462 manats per ounce. The price of platinum went down by 29.461 manats, to 1,457.5290 manats per…Details
Tulachermet has replaced its bridge crane. The preparation for the replacement lasted for a week. The 10-storey high crane had to be set in place without damaging nearby pipelines. At present the engineers are preparing to test the crane. After the inspection it will be put into operation, and the old crane will be disassembled.…Details
After a scheduled 2-week repair NLMK has put its blast furnace No. 7 Rossiyanka into operation. The repair allowed the group to start reconstruction of the blast furnace No. 6. The reconstruction, to last for some 130 days, will start in late May. During this period, Rossiyanka will provide over a third of all pig…Details
The board of directors of Buryatzoloto, a part of Nordgold, developing the Zun-Kholba and Irokinda deposits in the Republic of Buryatia, decided to transfer licenses to its daughter companies. In particular, Zun-Kholba LLC will be operating at the Zun-Kholbinskoye gold ore deposit as well as prospecting at the Pionerskoye deposit. The company will have 6…Details
In January-April, Ukraine exported 3.812 thousand tons of coke valued at $909 thousand, down 2.3-fold and 2.6-fold YoY respectively. The main customers were Romania (36.7%), Russia (20.77%) and Moldova (20.55%). At the same time, coke imports dropped by 13%, to 389.6 thousand tons valued at $120.63 million, down by 14.1%. The main suppliers were Russia…Details
Specialists of the German company Achenbach Buschhutten, one of the world’s leading manufacturers of aluminum alloys, have conducted an audit of the technical equipment of the company CNPT, launched in 2013 at the Ganja Aluminum Plant, the Azerbaijan Industrial Corporation (AIC) reported. Specialists of the German company conducted the audit at the invitation of the…Details
In January-March, Polyus Verninskoye produced 2.08 tons of gold, up by 30% QoQ and by 14% YoY. Average gold content grew by 10% QoQ, to 2.9 g per ton. Rock mining increased by 35%, to 5.6 thousand tons. Ore output totaled 978 thousand tons, up by 51% QoQ. (Ukrainian metal)Details
In March, Russia produced 4.15 million tons of pig iron, down by 7.1% YoY, with 3.75 million tons produced in February. In Q1 pig iron output dropped by 6.9% YoY, to 12.05 million tons. Ukraine, though no longer a part of CIS, in March increased pig iron output by 9.3% YoY, to 1.834 million tons,…Details
In April, Zabaikalye railroad transported 1.3 million tons of cargo, up by 7.6% YoY. In January-April, transportation grew by 8.5% YoY, to 5.9 million tons. In particular, the railroad transported 3.7 million tons of coal, up by 3.4%, 136.3 thousand tons of ferrous scrap, up by 14%, 106.7 thousand tons of metal wares, up by…Details