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The government of Armenia has prolonged the prohibition of exporting ferrous and non-ferrous metal scrap and waste for six months to support domestic steel manufacture and metal industry. The ban was previously extended on December 21, 2023. Armenia does not have effective iron ore deposits, so local metal plants rely on scrap procured domestically. Since…
DetailsUnder the investment project “Eshlik I deposit development” Almalyk Mining and Processing Works is installing and launching new machinery in the copper-processing factory No. 3 that is under construction. In particular, 6 new highly efficient high-pressure HPGR 24/19-9 press roll crushers are being installed. Such machines process ore pieces with the size of 60 mm…
DetailsAustralia will not supply coal to Ukraine to help it overcome the consequences of the massive missile attacks by Russia on the energy infrastructure. “The support we provide now is mostly focused on military aid that allows Ukraine fighting Russia,” the deputy prime minister Richard Marles has said. He notes that Canberra tries to make…
DetailsDuring a meeting of the Government, the Minister of Industry and Construction of the Republic of Kazakhstan Kanat Sharlapaev informed that the metallurgical industry was scheduled to implement 21 projects with a total investment of 464.2 billion tenge this year. Sharlapaev has noted that the schemes are expected to result in the creation of more…
DetailsTurkiye has decided to decrease customs duty for billets imported from Azerbaijan from 22.5% to 11.25%. Moreover, the 30% duty for rolled wire and steel rods was revised down to 15%. In January-March, Azerbaijan exported 18,556 tons of steel billets as well as 7170 tons of rolled wire to Turkiye. (Ukrainian metal)
DetailsIn January-March, Ukraine exported 291.6 thousand tons of semi-finished steel products to the EU, up by 38.2% YoY. Revenue grew by 32.4%, to EUR 151.71 million. The main customers were Bulgaria – 108.8 thousand tons, up by 103.6%, Poland – 86.99 thousand tons (-14.5%) and Italy – 48.1 thousand tons (+167.4%). In March, Ukraine exported…
DetailsIn January-March, Kyrgyzstan exported 2.11 tons of gold worth $139.3 million. In March, about 467 kilograms of the precious metal were sold. The republic sold most of the gold to the special administrative region of China – Hong Kong – 1,126 tons for $75 million. Switzerland was in the second place among export countries with…
DetailsA memorandum on building a metallurgical factory in the city was signed by Liu Yunmin, Chairman of the Board of Fujian Hengwang Investment, and akim of Shymkent Gabit Syzdykbekov. The memorandum was finalized within the parameters of the agreements determined after the prior meeting. The Temir industrial zone, where the facility was intended to be…
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