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In October Vorkutaugol mined 1.213 million tons of coal, up by 70 thousand tons compared with August, when 1.145 million tons of coal were extracted. This was the highest monthly result when operating with 4 mines and a quarry. All the mines fulfilled their output goals in October. The Pechorskaya factory processed 820 thousand tons…
DetailsAccording to NLMK, in 2019 domestic demand for steel will grow by 3-5% YoY, with the construction sector being the main driver. In January-September steel demand increased by 8.5%. Next year, NLMK believes, steel consumption will grow by 2-3% and then will have an increase of 2% each year in mid-term. (Ukrainian metal)
DetailsThe arbitrary court of the Central district has not satisfied the cassation appeal of the Lipetsk power company on recovery of 415.34 million rubles of electricity debt from the Svobodniy Sokol Iron and Steel Works from May 2013 till March 2015. In 2013 Svobodniy Sokol and the Lipetsk Power-selling Company (LESK) concluded an agreement on…
DetailsIn January-October Ukrainian seaports decreased ferrous metals exports by 5.2% YoY, to 11.8 million tons. In particular, exports of pig iron dropped by 27.3%, to 1.9 million tons, and rolled metal – by 5.9%, to 6.8 million tons. Mariupol Port exported the most – 3.15 million tons, down by 12%. It is followed by port…
DetailsIn January-October Ukrainian seaports exported 20.7 million tons of iron ore, up by 36.8% YoY. Transit grew by 153.4%, to 3.7 million tons. Port Yuzhniy exported the lion’s share of ore – 17.6 million tons, up by 43.6%. (Ukrainian metal)
DetailsIn September Russia imported 414.3 tons of ferroniobium, down by 22% MoM, but up by 73% YoY. Brazil, the main supplier, has been decreasing deliveries for the second consecutive month. Import price decreased by 3%, to 20.7 per kg. In 9 months imports totaled 3.8 thousand tons, up by 26.5% YoY. In monetary terms since…
DetailsIn August Russia exported 11.4 thousand tons of flat-rolled aluminum, up by 11.3% MoM and by 15% YoY. Deliveries to Poland grew by 75%, to 40% of the overall volume. At the same time exports to Ukraine dropped by 69% and to Finland – by 14%. In 8 months exports totaled 82.1 thousand tons, up…
DetailsIn January-September Kumtor Gold Company produced 451,679 ounces or 14,048.8 kg of gold and contributed more than 10.79 billion soms in taxes and mandatory payments. Kumtor produced 150,305 ounces or 4675.01 kg of gold in the third quarter compared to 122,445 ounces or 3,808.47 kg of gold in the same prior year period. The increase…
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