The Vostochniy Mining and Processing Works has concluded 4 agreements with Euromash LLC on the purchase of cargo machinery for the total amount of 59.69 million UAH. Until December 22, the company has to supply 7 new loading machines produced by Xuzhou Construction Machinery Group Co., Ltd., China not earlier than in 2021. In particular,…Details
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On December 14-15, Ukrzaliznytsia held 21 auctions to sell scrap in the Prozorro Sales system. The company was able to sell 14.5 tons of scrap valued at 115 million UAH. Dneprostal won in 9 auctions, Metinvest-Resource – in 6, Ferolit – in 4, while Energosteel and City Finance Group – in 1 each. (Ukrainian metal)Details
In January-November, Magadan region extracted 48.4 tons of gold, up by 1.77 tons, and 615.1 tons of silver, up by 80.6 tons YoY. Ore gold accounted for 29.63 tons and alluvial gold – 18.77 tons. Lead output amounted to 4817.7 tons, up by 3960.6 tons, and zinc – 5298.1 tons. (Ukrainian metal)Details
In November, Kazakhstan produced 391.39 thousand tons of raw steel, up from 339.95 thousand tons in October and by 10.8% YoY. In January-November, output grew by 14.7%, to 4.11 million tons. Rolled metal output grew by 74.7% YoY, to 350.48 thousand tons (199 thousand tons in October), and by 18.6% in 11 months, to 2.7…Details
Azerbaijan’s AzerGold CJSC, jointly with Ministry of Ecology and Natural Resources, has digitalized data on the deposits of non-ferrous metal ores in Azerbaijan, collected during geological explorations in Soviet times, since 2018, the company’s board chairman Zakir Ibrahimov reports said. Ibrahimov made the remark at the event entitled “Current problems, reforms and prospects for the…Details
In 2021, the United Mining and Chemical Company expects its sales revenue to increase by 45% YoY, to 4.54 billion UAH. According to preliminary financial results, EBITDA would grow by 93%, to 940.8 million UAH. Payments to budgets will amount to 873.4 million UAH, up 2.2-fold. In January-September, average salary was 17.3 thousand UAH, up…Details
In January-November, Ukraine produced 17.5 million tons of rolled metal, up by 5% YoY. Sinter manufacture amounted to 27.9 million tons (+4.7%), coke – 8.73 million tons (-1%), steel – 19.6 million tons (+4.9%), pig iron – 19.4 million tons (+4.5%) and pipes – 910 thousand tons (+15.7%). In November, rolled metal output grew by…Details
The largest industrial object was launched in the industrial zone of Almaty on the eve of the 30th anniversary of Independence of Kazakhstan. Almaty Mayor Bakytzhan Sagintayev took part in the opening ceremony of the wrought iron pipe plant and congratulated the plant staff and authorities on the 30th anniversary of Independence. He noted that…Details
Azerbaijan’s AzerGold CJSC put bonds in circulation in 2020 to eliminate dependence on the state budget, Chairman of the board of the company Zakir Ibrahimov said at the event entitled “Current problems, reforms and prospects for the development of the mining industry” in Baku. “Thus, we issued bonds in the amount of $20 million in…Details
Recently Centravis has presented its manufacturing process to AC Boilers, the largest producer of boilers in Italy. According to the agreement concluded, Centravis will supply 179 tons of seamless pipes to be used as components of an economizer to decrease CO2 emissions. (Ukrainian metal)Details
Dneprovskiy Iron and Steel Works has finished capital repairs of the soaker No. 8 in the rolling shop No. 1. The repairs lasted for 2.5 months. Investments exceeded 2 million UAH. This was the second repair of a soaker in the shop. In spring, the soaker No. 6 was repaired for 1.5 million UAH. Next…Details
As of December 1, the tax debt of Electrostal has amounted to 15.3 million UAH, up by 10.4% YoY. In November, the debt did not change. In October it was 15.19 million UAH. The debt to local budgets grew 6-fold, from 212 thousand UAH to 1.7 million UAH. Last year, the company produced around 84…Details
In January-November, Ukraine increased ferroalloys exports by 6% YoY, to 613.075 thousand tons, valued at $928.895 million, up by 51.9%. According to the State Customs Service, the main customers were Turkey (19.83% in monetary terms), Italy (14.07%) and China (11.6%). Moreover, in 11 months Ukraine imported 56.601 thousand tons of ferroalloys valued at $161.754 million,…Details