In 2018 Ukraine exported 15.04 million tons of ferrous metals via ports, up by 6.7% YoY. In particular, pig iron exports grew by 30.7%, to 2.977 million tons. At the same time rolled metal exports dropped by 2.5%, to 8.903 million tons and scrap by 1.7%, to 81.05 thousand tons. Iron ore exports decreased by…Details
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On January 11-18 metal prices in the Central region dropped by 5.9 points, or by 1.03%, to 567.7. Rebars saw the largest decrease – 2.84%. Rounds lost 1.55%, electric welded pipes – 1.53%, and beams – 0.88%. The price of channel fell by 0.38%, galvanized flat metal – by 0.13%, and hot-rolled sheet – by…Details
In 2018 Kuzbass region extracted 255.3 million tons of coal, up by 5.7% YoY. In particular, pits yielded 165.8 million tons and mines – 89.5 million tons. The output of coking coal was 73.2 million tons, and power-generating coal – 182.1 million tons. Factories processed 182.1 million tons, up by 6.1%. (Ukrainian metal)Details
Khujir Enterprise LLC has started resuming mining at the Konevinskoye gold deposit in the Republic of Buryatia. The work of the mine was suspended in 2014. The decision to resume operation was taken in December 2018. The C1+C2 reserves of the deposit are over 2 tons of gold. (Ukrainian metal)Details
In 2018 Amur region extracted 3.5 million tons of power-generating coal, up by 100 thousand tons YoY. The coal is mined at the Yerkovetskiy and Severo-Vostochniy pits. In particular, coal output of the Yerkovetskiy pit, commissioned in 1991, grew by 3%. Severo-Vostochniy pit, operating since 1932, increased output by 4% YoY. (Ukrainian metal)Details
Uralelectromed has prepared a site for the construction of the third stage of the copper electrolysis shop. The site is situated on the territory of the old electrolysis shop, constructed in 1934 and now partly demolished. A foundation pit with the depth of 4 meters has been dug. Its total depth will be 5 meters.…Details
In 2018 Severstal increased steel output by 3%, to 12.04 million tons mostly due to the commissioning of the ladle furnace No. 2. Pig iron output remained unchanged at 9.15 million tons. Consolidated sales grew by 2%, to 11.18 million tons. Coking coal concentrate sales from Vorkutaugol increased by 2%, to 3.37 million tons. (Ukrainian…Details
In 2018, NLMK Group sales grew to 17.6 million tons, by 7% YoY. Steel output grew by 2%, to 17.5 million tons. Steel capacity utilization rate was 99%. Sales grew driven by growth of demand on key sales markets. Sales growth was supported by a +20%YoY increase of semi-finished product sales, to 6.8 million tons.…Details
The prices of precious metals varied in Azerbaijan on January 18. The price of gold increased by 0.799 manats, to 2,196.4255 manats per ounce on January 18 compared to the price on January 17. The price of silver decreased by 0.024 manats, to 26.4263 manats per ounce. The price of palladium grew by 96.1945 manats,…Details
Workers of NLMK Clabecq, a Belgium plant of the Russian steelmaker Novolipetsk Steel (NLMK), have gone on strike in response to plans to lay off half of personnel under a restructuring program, a labor union representative reported. “We announced a strike as a response to that, and it will be in force until 2.00 p.m.…Details
Highland Gold Mining Limited has reassessed the ore reserves at the Mnogovershinnoye deposit according to JORC (2012). Thus, gold quantity in ore as of January 1, 2018 increased to 771,569 ounces from 452,866 ounces. Gold contents dropped from 5.5 g per ton to 2.7 g per ton due to the considerable increase in ore volumes…Details
In December 2018 Ukraine produced 1.89 million tons of steel, 1.83 million tons of pig iron and 1.52 million tons of rolled metal, all up by 14%, 12% and 3% YoY respectively. The output increase is due to the completion of repairs at some enterprises. Also, last year Ukraine produced 60.32 million tons of iron…Details