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The Asian Development Bank forecasts gold export growth in 2024-2025, ADB experts have said during the presentation of the Asian Development Review in Bishkek. According to them, the current account deficit is expected to narrow in 2024-2025, as gold exports increase and imports slow due to lower domestic demand and re-exports. (Kazinform)
DetailsEight projects worth 169 billion tenge (about $378 million) are expected to be implemented in the field of non-ferrous metallurgy in Kazakhstan in 2024. According to the Directorate for Monitoring and Analysis of Project Implementation at QazIndustry, projects include the manufacture of aluminum radiators, copper cathodes, dore alloys and other products. Production volumes after all…
DetailsThe ex-people’s deputy from the pro-Russian Party of Regions Vladislav Lukyanov has been detained while trying to leave Ukraine. He was detained at a border-crossing point in Odesa region. The 60-year old ex-“regional” wanted to leave Ukraine on the basis of reaching non-conscription age. But he was not allowed through, as, according to the Security…
DetailsIn February, Ukraine exported 9.69 thousand tons of steel billets to Turkiye. In February 2023, insignificant volumes were exported (54 tons). In January-February, Ukraine exported 30.68 thousand tons of billets to Turkiye. Ukraine accounted for 7% of Turkiye’s steel billets imports. (Ukrainian metal)
DetailsUkrzaliznytsia JSC promises to take the decision to unblock or cancel scrap metal auctions in the Prozorro.Sales system until the end of April. According to Yevhen Shramko, an Ukrzaliznytsia board member, these auctions were held before the Russian full-scale invasion. “We have already initiated analyses of the issue,” he added. Nataliya Sidoruk, GR-director of Interpipe,…
DetailsIn January-March, Almalyk Mining and Processing Works exported $129.86 million, up by 6.9% from the forecast. The company exported 11.324 thousand tons of copper products (+16.7%) and 7.163 thousand tons of zinc products (+3.8%). AGMK exports to more than 20 countries. (Ukrainian metal)
DetailsThe Ukrmetalurgpom Association has suggested Ukrzaliznytsia initiate sales of large volumes of metal scrap by a separate individual decision of the Cabinet of Ministers, if the bureaucratic obstacles are not overcome. “We discussed this issue back in winter, and we were told that it would be solved within a couple of weeks. It’s April already,…
DetailsIn January-March, Ukraine increased steel manufacture by 36.6% YoY, to 1.687 million tons. According to Ukrmetallurgprom, pig iron output grew by 32.1%, to 1.589 million tons. Moreover, Ukraine produced 1.389 million tons of rolled metal, up by 35.5%. (Ukrainian metal)
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