The price of one ounce of gold decreased by 15.0535 manats or by 0.72% last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2088.7029 manats. The price of one ounce of silver dropped by 0.3144 manats or by 1.26%, to 24.8542 manats. The price of one ounce of platinum…
DetailsPrices of precious metals decreased in Azerbaijan on November 12, according to the data published by the Central Bank. The price of gold dropped by 24.191 manats, to 2,055.9035 manats per ounce on November 12 compared to the price on November 8. The price of silver fell by 0.59 manats, to 24.1205 manats per ounce.…
DetailsThe gold output at the Verninskoye deposits, developed by Polyus Verninskoye, in Irkutsk region in Q3 grew by 12% QoQ, to 1.856 tons. Ore mining increased by 2%, to 755 thousand tons, while gold contents remained unchanged at 2.6 g per ton. Gold output also grew by 2% YoY. In January-September gold extraction at the…
DetailsShareholders of Interpipe Novomoskovsk Pipe Works intend to turn the enterprise from public joint stock company into a private one. The issue will be discussed at the extraordinary meeting scheduled for December 14. The shareholders also want to renew the statutory documents, as well as documents on the general meeting, supervisory board, revision commission, etc.…
DetailsIn January-October Ukraine decreased ferrous metals scrap exports by 18.5% YoY, to 316.196 thousand tons, valued at $102.5 million, up by 11.3%. According to the customs statistics, presented by the State Fiscal Service, in October Ukraine exported 8.274 thousand tons of scrap, in September – 7.59 thousand tons, in August – 19.05 thousand tons, in…
DetailsInterpipe is preparing to start mass deliveries of railroad tyres to the CIS countries. For the past several years the main sales market was Ukraine. In particular, the main buyer was Ukrzaliznytsia (Ukrainian Railways). In 2017 Interpripe supplied over 2700 tons of tyres to the Ukrainian market, and in January-September – some 2300 tons. But…
DetailsIn October Dneprospetsstal increased steel output by 13.6% MoM, to 21.968 thousand tons. According to the company statement, rolled metal output dropped by 3%, to 12.837 thousand tons. In January-October steel manufacture grew by 2.4%, to 210.120 thousand tons, while rolled metal output fell by 2%, to 138.425 thousand tons. (Ukrainian metal)
DetailsIn 2019 DTEK Energo intends to increase gas coal output by 2.04% YoY, to 25 million tons. According to the CEO Dmitriy Sakharuk, because of the increase of capacity at DTEK Pavlogradugol and the commissioning of additional sites at DTEK Dobropolyeugol, the output has already been increased by 1.7 million tons. In January-September DTEK Energo…
DetailsIn October Yuzhniy Mining and Processing Works decreased concentrate output by 2% YoY, to 1.092 million tons. Sinter output grew by 9.4%, to 184.1 thousand tons. In January-October UGOK produced 10204.9 thousand tons of concentrate, up by 0.8% YoY, and 1407.7 thousand tons of sinter, down by 9.8%. In 2017 UGOK produced 12269.8 thousand tons…
DetailsThe Energy and Coal Industry Ministry impeded the process of creating the National Coal Company, according to Prime Minister Volodymyr Groysman. “At the previous meeting we decided to allocate UAH 500 million for coal mines and to establish the National Coal Company. Now the process of its creation starts. The ministry had hampered this process…
DetailsAvtoKrAZ and Everlast have produced a truck tanker for ArcelorMittal Kriviy Rih. The tanker is used to transport and temporarily store coke gas concentrate. The volume of the tank is 10 cubic meters. This is the first time that AMKR has ordered machinery from AvtoKrAZ. (Ukrainian metal)
DetailsIn October deliveries of scrap to the major metal and pipe plants via railroad totaled 1.54 million tons. According to the railroad statistics, this is up by 3.8% YoY. In January-October scrap deliveries grew by 4.3% YoY, to 11.78 million tons. (Ukrainian metal)
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