The Ministry of Finances proposes canceling VAT on gold in ingots, as investment in precious metals is a good way for accumulation. Now people have to pay a 20% VAT when buying ingots from banks. While when selling ingots, the VAT is not returned, which makes purchase less attractive. Hence the low demand – some…Details
More in Russian
Dear Sirs !
Thank you for the attention to Ukrainian Metal
Ukrainian Metal is the informational portal. We don’t sell nor buy metal, we just provide information for those who do.
If you want to buy or sell mining-metal products (steel, rolling, stainless, scrap, raw material, ore, iron, pipe, tube, BOF, metallurgy, metal, ferroalloy, alloy, channel, beam, section, coil, wire rod, sheet, plate, slab, bloom, l-section, h-beam, silicium, manganese, chrom, ferrous, non-ferrous, copper, alumina, aluminium, nikel, tungsten, cast, ) in Ukraine, place your offer here – https://metalukraine.com/trade-board. It is FREE.
Or you can
ArcelorMittal Temirtau has received new machinery for its converter shop continuous casting machines Nos. 1 and 2. The new equipment – segments, crystallizers and benders – was purchased in Italy from Danieli under an investment project. “This project will improve the working conditions of both machines and the quality of the billets”, the company said.…Details
An expert commission has finished evaluating the assets of Ufaleinickel. The company went bankrupt some 18 months ago. The auction could be held in summer. The combined cost of the lots is around 1 billion rubles. Two investors are already mulling the purchase of the works. (Ukrainian metal)Details
The arbitrary court of the Volgograd region has prolonged the bankruptcy proceedings at the Krasniy Octyabr works from February 10 for 4 months. Thus, the petition of the proceedings manager Alexander Lyubimenko has been partially met. He claimed the enterprise received assets valued at 487 billion rubles – 854 ordinary shares. Now they need to…Details
NLMK-Kaluga has started producing a new type of metal for construction – 100 mm-long channels with parallel sides. A batch of 3 thousand tons has been shipped to customers in the Central Federal District. Imports in the segment in 2018 reached 32%, up by 6% YoY. (Ukrainian metal)Details
Chelyabinsk Pipe Rolling Plant has provided a loan of 1.14 billion rubles to a company it controls – Meta. The agreement was signed on February 5. The funds have to be returned not later than on June 30, 2020. Meta provides ChTPZ with scrap. (Ukrainian metal)Details
Gold producer Nordgold, controlled by the Russian tycoon Alexei Mordashov, plans to invest more than $360 million over the next 15 years in development of the Lefa mine in the Republic of Guinea. “Nordgold is pleased to announce that a new mining permit will be effective starting from March 21. The new permit as well…Details
In 2018, demand for steel continued to recover, coupled with a rise in protectionism in key markets. “In this context, NLMK Group’s flexible business model that helped it secure its presence in key sales markets, enabled the company to grow its sales by 7% YoY, or by 1.1 million tons, to 17.6 million tons, hitting…Details
Residents of Akolon village in Ton district of Issyk-Kul region oppose development of Tash-Bulak uranium deposit, local activist Akzholtoi Tukunov reported. According to him, the villagers intend to hold a rally against the development of the uranium deposit. “Villagers are concerned about the health, the future of our children, since we do not know how…Details
The project to develop Ozernoye lead-zinc deposit in the Republic of Buryatia has been presented to the president representative in the Far East District, Yuri Trutnev, in order to receive state support. The license from December 2018 is owned by Ozernoye LLC. The deposit is one of the 10 largest zinc deposits in the world.…Details
In 2018 Vostsibugol, developing coal deposits in Irkutsk and Krasnoyarsk region, mined 15.5 million tons of coal, up by 12.3% YoY. The output at Cheremkhovsky pit was 4.6 million tons, up by 22%. Tulunugol pit yielded 7.5 million tons, up by 10%. Coal extraction at Zheronsky pit grew by 19%, to 861 thousand tons. 2.6…Details
In 2018 GRK Darkhan LLC, developing the Kirchenovskoye deposit in Zabaikalye, sold 327.3 kg of gold and 17 tons of silver, up 1.9-fold and 2.5-fold YoY respectively. The increase is due to the growth of ore processing. While in 2017 Darkhan processed 83 thousand tons of ore, in 2018 it processed 303.1 thousand tons. Revenue…Details
In January Tulachermet set a new record on monthly pig iron output operating just two blast furnaces. Last month the company produced 216.768 thousand tons of pig iron, having exceeded the target by 8.768 thousand tons. The previous record was set in December 2018 – 215.24 thousand tons. Tulachermet has been steadily increasing pig iron…Details