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Ukraine: coal imports up in January-November 2018

coalBy admin10.12.2018Leave a comment

In January-November Ukraine increased the import of coal by 9.9% YoY, to 19.09 million tons. According to the State Fiscal Service, the value of the coal imported stood at $2.693 billion, up by 10.8% YoY. Russia supplied $1.667 billion worth of coal (or 61.91%), USA – $806.34 million (29.94%), Canada – $128.6 million (4.78%) and…

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Ukraine: DTEK financial results improve on investments and price growth

DTEKBy admin10.12.2018Leave a comment

In 2018 DTEK financial results improved because of the growth of world coal and gas prices, as well as investments in output increase. In 2 years the world coal prices have increased more than 2-fold, from $42 to $100 per ton. In 13 years DTEK has invested over $7.6 billion in development. In particular, the…

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Ukraine: Electrotyazhmash orders 194 million UAH worth of metal

Metal marketBy admin10.12.2018Leave a comment

The Electrotyazhmash works has concluded 6 agreements with Meta-Lux LLC for the delivery of metal valued at 194.24 UAH. Until the end of 2020 the company has to supply phosphorous-copper alloy at 314 UAH per kg, bronze rods at 281 UAH per kg, 2 types hot-rolled steel sheet at 37200 UAH and 30512 UAH per…

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Ukraine: Ferrexpo to increase dividends for Zhevago

FerrexpoBy admin07.12.2018Leave a comment

Ferrexpo announces the payment of special dividends of $0.066 per share with the total amount of $40 million, or twice as much as in 2017. The decision has been taken with the view of the improved market situation in H2 2018 and good prospects for 2019. The board of directors will decide on the final…

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Ukraine: energy minister suggests increasing state coal price

coalBy admin07.12.2018Leave a comment

The minister of energy and coal industry Igor Nasalik has suggested increasing the base price of power-generating coal in Ukraine by 10.5%. Thus, the price should grow from the current level of 2535 UAH (without VAT) per ton, set in April, to 2800 UAH. According to Nasalik, the base price increase is necessitated by the…

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Russia: KrAZ gets new filters

Krasnoyarsk Aluminum WorksBy admin07.12.2018Leave a comment

3 DESA filter bags are being installed at the gas-purifying machines at the Krasnoyarsk Aluminum Works. The size of the purification is 4 square meters, up 2-fold from the currently used filters. Over 2 thousand innovative filter bags have been installed in the gas-purification system. Since 2004 the company has been able to decrease pollution…

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Ukraine: scrap operation to remain free from VAT

scrapBy admin07.12.2018Leave a comment

The Verkhovna Rada of Ukraine has prolonged the regime of exempting operations with ferrous and non-ferrous scrap from VAT till 2022. The corresponding bill has been voted by 248 parliament members with the necessary minimum of 226. VAT on scrap operations was cancelled in 2011. And then, in 2017, it was prolonged till January 1,…

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Russia: Petropavlovsk starts autoclave gold manufacture

gold, PetropavlovskBy admin07.12.2018Leave a comment

Petropavlovsk has put into operation the processing of gold-containing concentrate at its first autoclave. As of early December 320 tons have been processed. The extraction is 93%, not much below the targeted 98%. The manufacture of gold from refractory ore, according to the company, will start in Q1 2019. The second autoclave is being commissioned,…

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Russia: steel sales down in November 2018

Metal marketBy admin07.12.2018Leave a comment

In November railroad sales of rolled steel and pipes by the major Russian companies totaled 5.05 million tons, down by 2.2% YoY. Deliveries to the local market dropped by 3.4%, to 2.73 million tons, and exports – by 0.6%, to 2.32 million tons. In January-November deliveries reached 57.8 million tons, up by 2.7% YoY. Local…

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Azerbaijan: gold and silver prices up on December 7, 2018

precious metalsBy admin07.12.2018Leave a comment

Precious metal prices varied in Azerbaijan on December 7. The price of gold increased by 0.238 manats, to 2,108.0935 manats per ounce on December 7 compared to the price on December 6. The price of silver grew by 0.0246 manats, to 24.6284 manats per ounce. The price of palladium decreased by 77.843 manats, to 2,039.915…

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Azerbaijan: Baku Steel Company signs contract with Chinese company

Baku Steel CompanyBy admin07.12.2018Leave a comment

Baku Steel Company has concluded a deal worth $1.17 billion with China CAMC Engineering Co., Ltd. The agreement was signed by Deputy Director General of Baku Steel Company Mardan Aliyev and Deputy Director General of China CAMC Engineering Wang Yuhang. The document envisages the construction of the Azerbaijan Integrated Steel Mill Complex in Ganja. The…

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Russia: Rosgeologia to look for uranium in Amur and Jewish regions

uraniumBy admin07.12.2018Leave a comment

Urangeo, a part of the state holding Rosgeologia, has started prospecting works for uranium at the Kuldur field of the Khingan plateau. The corresponding state contract was signed between Rosgeologia and the Department of subsoil use of the Far East Federal District in July. The work will be carried out in the Arkharinsky district of…

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Russia: Kosaya Gora ferromanganese output up in January-October 2018

Kosaya Gora Iron and Steel WorksBy admin07.12.2018Leave a comment

In January-October Kosaya Gora Iron and Steel Works increased ferromanganese sales by 2.3 thousand tons YoY, to 53.6 thousand tons. In 10 months the works mined 62 thousand tons of ferromanganese, up by 9.1 thousand tons. In January-October 2018 the company produced 52.9 thousand tons of ferromanganese and sold 51.3 thousand tons. (Ukrainian metal)

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