In August Russia exported 129 thousand tons of ferrous scrap to Belarus. According to the railroad statistics, this is up by 20.2% YoY. In January-August scrap exports totaled 885.2 thousand tons, up by 17.8% YoY. (Ukrainian metal)Details
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Since the start of the year Kemerovo region has yielded 121.2 million tons of power-generating coal and 46.7 million tons of coking coal, up by 5.3% YoY. Coal pits have yielded 108 million tons, and mines – 59.9 million tons. In August the region mined 22.2 million tons of coal (20.3 million tons in August…Details
In August Khabarovsk region yielded 3.3 tons of gold and 6.9 tons of silver. In 8 months gold output totaled 16.4 tons, with 13.1 tons being ore gold. Silver output reached 37.7 tons. Gold manufacture grew by 9% YoY, while silver dropped by 6%. By the end of the year the region intends to have…Details
Severstal, one the world’s largest vertically integrated steel and mining companies, announces the results of voting following an extraordinary general meeting of shareholders held on September 14. Severstal’s shareholders approved the payment of a dividend of 45.94 rubles per share for the three months ended June 30. The record date for this dividend payment is…Details
In January-June Metinvest B.V. increased investments 2.2-fold YoY, to $420 million. Metal segment accounted for 64% of investments (37% in H1 2017), mining – 35% (61%) and corporate expenses – 1% (2%). In particular, Mariupol Ilyich Iron and Steel Works received $122 million ($35 million), Azovstal – $76 million ($20 million), SevGOK – $51 million…Details
Next year the government intends to provide 659.7 million UAH to shut down and maintain closed coalmines and coal-processing enterprises. According to the budget draft, the funds will be spent to prepare 3 coalmining enterprises for liquidation. There are also 16 projects to shut down enterprises and maintain 2 water-pumping complexes. (Ukrainian metal)Details
Markland LLC has received 9 orders from state mine groups on the delivery of goods and provision of repair services valued at 75.16 million UAH. Mirnogradugol has placed an order valued at 50.86 million UAH, Selidovugol – 21.43 million UAH and the Mine named after Surgay – 2.88 million UAH. In particular, the largest order…Details
In August Ukrainian metal companies received 742 thousand tons of coke, down by 8% MoM. Coke imports reached 12 thousand tons, while in the previous 3 months no coke was imported. In January-August metal companies received 6.37 million tons of coke, up by 7% YoY, including 6.1 million tons of domestic coke (up by 13%)…Details
In January-August by-product coke plants imported 7.66 million tons of coking coal and coal concentrate, up by 16% YoY. In August 0.87 million tons were imported, down by 21% MoM. Local coal deliveries reached 1.75 million tons, down by 22% YoY, in August 140 thousand tons were delivered, down by 8% MoM. In 8 months…Details
NLMK Group, an international steel company, announces the appointment of Maxim Tevs as General Director of NLMK Engineering, one of the leading design companies in the Russian steel sector. In his new role, Tevs will focus on boosting the efficiency and quality of engineering activities, promoting the use of advanced design technologies, including Building Information…Details
Deputy Minister for the temporarily occupied territories, Yuriy Hrymchak, spoke about what happened in northern Crimea’s Armyansk at “Crimean Titanium” plant, as well as about other more potentially dangerous enterprises located in the occupied peninsula and parts of Donbas. – What happened at Crimean Titanium in the occupied Crimea’s Armyansk, where a hazardous release of…Details
The price of one ounce of gold increased by 20.604 manats, or by 1.0158% last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2036.7411 manats. The price of one ounce of silver increased by 0.2325 manats, or by 0.97%, to 24.08256 manats. The price of one ounce of platinum…Details
The prices of precious metals decreased in Azerbaijan on September 17, according to the data published by the Central Bank. The price of gold dropped by 17.5015 manats, to 2,031.4065 manats per ounce on September 17 compared to the price on September 14. The price of silver fell by 0.27 manats, to 23.9462 manats per…Details