In February, Bratsk Ferroalloys Works, a part of Mechel, increased ferrosilicon output for exports. Silicon content is not less than 75%. FS75 ferrosilicon manufacture increased by 18% YoY. The priority export destinations are Asian and Pacific Region countries. (Ukrainian metal)
DetailsIn 2019, Yuzhuralnickel, a part of Mechel, received 142.2 million rubles of net profit. In 2018, the net profit was 478 million rubles. Revenue grew 1.5-fold, to 198 million rubles. Sales losses totaled 71 million rubles, down from 145 million rubles in 2018. (Ukrainian metal)
DetailsIn January, Russia imported 28.3 thousand tons of chrome ore and concentrate, down by 50% MoM and by 59% YoY. Price grew from $157 to $184 per ton Deliveries from Kazakhstan dropped by 49%, to 25.5 thousand tons, and from South Africa – by 70%, to 157 tons. At the same time purchases from Pakistan…
DetailsIn January, Russia exported 18.9 thousand tons of lead ore and concentrate, down by 56% MoM. Price grew by 4%, to $1722 per ton. Deliveries to China dropped almost 4-fold, to 10.1 thousand tons. At the same time sales to Kazakhstan increased from 947 tons to 1.5 thousand tons and to Korea – from 3…
DetailsIn January-February, Ukrzaliznytsia increased iron ore, manganese ore and scrap transportation by 8% YoY. In particular, transportation of iron and manganese ore grew by 8.1%, ferrous metals – by 0.1% and scrap – by 8.7%. At the same time transportation of coke fell by 22.7%. According to the State Statistics Service, the dynamics of scrap…
DetailsIn January, Russia exported 7.6 thousand tons of ferrochrome, down by 26% MoM and by 35% YoY. Price dropped from $1002 per ton to $989 per ton. Deliveries to the Netherlands fell by 49%, to 3.4 thousand tons, and to Japan – from 2.3 thousand tons to 40 tons. At the same time sales to…
DetailsThe firemen were able to extinguish fire at the Dmitrov Pilot Works of Aluminum and Combined Belt warehouse. The fire started on March 21 and was extinguished the next day. The area of the fire was 33 thousand square meters. As a result of the fire the roof of one building collapsed. The warehouse stored…
DetailsThe Agency of the Far East on investment attraction and export support has offered the Canadian Kinross Gold Corporation to take part in prospecting on the territory of Magadan region. The agency presented two gold-bearing sites to the company. Balance reserves of gold in the region are estimated at 376.7 tons. 32 companies own licenses…
DetailsLast week, Boksit Timana mined the 50-millionth ton of ore since the company started developing the Sredne-Timanskiy bauxite mine. With the help of investment program the enterprise received a new canteen, two dormitories, a hangar and warehouses. The miners are provided with work for the next 25 years. (Ukrainian metal)
DetailsAccording to the ArcelorMittal Temirtau CEO Biju Nair, the company suspends operation of all its contractors. “We have two goals: to preserve the health of our employees and keep machinery. We expect serious difficulties with sales, as Nur-Sultan and Almaty have been closed”, he declared at a meeting. The CEO ordered directors of shops and…
DetailsIn February, global steel manufacture grew by 2.1% YoY, to 142.4 million tons. According to Worldsteel, China increased output by 5%, to 74.8 million tons. Ukraine manufactured 1.7 million tons of steel, up by 1.2% YoY. (Ukrainian metal)
DetailsRussian oil and gas pipe producer TMK has implemented a 6 million euro upgrade of the TMK-ARTROM plant in Romania, the company said in a statement on March 23. “The upgrade that we have done completely falls in line with our strategy aimed at increase of the share of premium products and flexibility of industrial…
DetailsFerrexpo enterprises in Ukraine – Poltava, Yeristovo and Belanovsky Mining and Processing Works – will transfer $2.5 million as an aid to medical enterprises to fight the COVID-19 pandemic in Poltava region and under national programs in Ukraine. The decision was taken by the board of directors and supported by shareholders. The main funds will…
DetailsIn January-February, eKrivoy Rog Iron Ore Industrial Complex decreased iron ore output by 0.8% YoY, to 647 thousand tons. In February, the enterprise produced 327 thousand tons of ore, up by 2% YoY. In 2019, KZhRK decreased iron ore output by 4% YoY, to 4.397 million tons. (Ukrainian metal)
DetailsBeloretsk Iron and Steel Works has prolonged its certificates of conformity of the reinforcement steel and wire to the Moscow system of voluntary certification in construction. This allows the company to supply its products to construction enterprises. In particular, BMK has confirmed the quality of die-rolled sections with the diameter of 4-12 mm and low-carbon…
DetailsA serious accident has happened at the Alchevsk By-Product Coke Plant, seized by Russia-supported terrorist forces. 4 columns of a gas pipeline at the length of 200 meters have collapsed and the fire has broken out. The collapse was due to the gas pipeline utter corrosion. (Ukrainian metal)
DetailsGold-extracting companies in Amur region participated in auctions on the sale of 11 alluvial gold deposits on March 18. The Irmakit miners’ team paid 15.29 million rubles for the license to develop a site in the Grebneviy Brook valley with the expected reserves of 329.7 kg of gold. The price paid exceeded the initial price…
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