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In January-March, Ukraine increased copper and copper wares imports by 30.1%YoY, to $27.419 million. According to the State Fiscal Service, in March $11.753 million worth of copper and copper wares were imported. At the same time, exports decreased by 57.4%, to $19.412 million. In March Ukraine exported $7.739 million worth of copper and wares. (Ukrainian…
DetailsStainless steel consumption in 2018 grew by 5.8% YoY, to 499.2 thousand tons. In 2017 the growth was 13.9%. Local production of stainless steel last year totaled 121,846 tons, up by 2.1%. In particular, Russia produced 22,483 tons of flat rolled steel, with Krasniy Octyabr accounting for some 56%. Bars output reached 55,954 tons (ZEMZ…
DetailsIn January-March Yakovlevsky Mining and Processing Works increased iron ore output by 64% YoY, to 410 thousand tons. The enterprise also shipped 149.1 thousand tons of ore. The underground machinery fleet was enlarged with two cutter-loaders and a self-propelled boring machine. The crushing and sorting factory has completed the first stage of modernization with a…
DetailsIn 2019 the Kekura deposit in Chukotka Autonomous District is expected to start yielding gold. The license to develop the deposit is owned by Bazovyye metally, a part of HGM. As of January 1, 2018 the JORC reserves totaled 2 million ounces of gold with an average content of 7 g per ton. Mineral resources…
DetailsAn investment project is currently being implemented in the sheet-rolling shop No. 1 of ArcelorMittal Temirtau. It is intended to switch to the horizontal transportation of hot-rolled coils. The project will improve shipping options and working conditions. The cost of the project is $30 million. A similar project in the sheet-rolling shop No. 1 started…
DetailsThe bar-rolling shop No. 2 of BMZ has shipped 1.5-millionth ton of metal. The anniversary batch of bars for machine-building was sent to Belmet, Austria. The shop is the youngest department of BMZ. Its first products were exported in March 2015. In February 2018 the shop reached the export level of 1 million tons. In…
DetailsIn January-March, Yerkovetsky pit mined 42 thousand tons of coal more than last year. The capacity of the pit is expected to increase to 2.5 million tons of coal per year. The Yerkovetsky Coal Pit was commissioned in 1991. (Ukrainian metal)
DetailsChTPZ will supply 130 thousand tons of large diameter pipes for the construction of the Saryarka pipeline in Kazakhstan. The batch of pipes has to be supplied until September. The diameter of the pipes is 820 mm and the wall thickness is 12, 14 and 18 mm. The pipes will be made of K60 steel…
DetailsOn April 10, at the Pervomaysky quarry of the Severniy Mining and Processing Works an accident happened. A truck overturned. The driver was unharmed, but 4 employees of Krivbassvzryvprom were injured. (Ukrainian metal)
DetailsUkrmetallurgprom believes that in May Ukraine will produce 1.9 million tons of steel, and 1.7 million tons both of pig iron and rolled metal. As of April 10, 20 out of 21 blast furnaces, 8 out of 9 open-hearth furnaces, 15 out of 16 converters, 7 out of 15 electric arc furnaces and all the…
DetailsThe European Union is prolonging the antidumping duties on steel pipeline fittings manufactured in Russia, as well as Malaysia and South Korea for 5 years. The decision was taken in the interest of Vallourec Fittings, Erne Fittings and Virgilio Cena and Figli. The duties cover metal products confirming to the custom codes of CN CN…
DetailsThe E.U. has blocked Russia’s first request to create an arbiter panel at the World Trade Organization (WTO) in their dispute on the union’s anti-dumping duty on cold-rolled steel imports, the WTO said on April 11. Russia sent the request in March. The duties, introduced in 2016, amount to 18.7% for products of Magnitogorsk Iron…
DetailsThe volume of direct Arab investments in the mining industry of Kazakhstan amounted to only $48.6 million in January-September 2018, down by 51.1% YoY. The results of two months of 2019 show that the volume of production in the mining industry reached 2.5 trillion tenge, with an annual growth of 12.9% (however, the industrial production…
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