According to Igor Malyshev, director of the Fund of pipe industry development, the pipe market is still facing the problem of quality dumping, indicated by a growth of faked products sales, in particular, used pipes, which are sold as new under forged documents. The volume of the shadow market is considerable – over 1 million…
DetailsMarket players expect stabilization of supply and demand in the second half of the year. Small and medium diameter pipes consumption growth is expected on the level of 5%, and seamless pipes – 3%. The second half of the year will see a seasonal increase of demand for small and medium diameter pipes, while the…
DetailsIn January-April exports from Russia totaled $140.2 billion, up by 26.8%. According to the customs statistics, the share of metal grew to 10.7% from 9.9% in January-April 2017. In money terms exports increased by 36.7% YoY, and in physical terms – by 15.4%. Pig iron exports grew by 39.9%, copper and copper alloys – by…
DetailsIn January-April Russian imports totaled $75 billion, up by 18.6% YoY. Far foreign countries accounted for 88.9% of all supplies, while CIS countries – 11.1%. The share of metal grew to 7.2% from 6.8% in January-April 2017. In physical terms imports increased by 26% and in money terms – by 25.2%. Ferrous metals imports grew…
DetailsKAZ Minerals has signed an agreement with Non Ferrous of China on investments into Koksay project. According to the agreement, in exchange for the investments of $70 million NFC will receive 19.4% in the project. “We have successfully worked with NFC at the Bozshakol and Aktogay construction and intend to develop our relations”, the company…
DetailsThe state enterprise Lvivugol has completely cleared the salary debts for April to its miners. According to a company representative, the enterprise received a payment from the state enterprise Ugol Ukrainy (Coal of Ukraine), which allowed paying April salary in full. Soon May salary will also be paid. Earlier miners threatened to go on a…
DetailsIn January-May Ukraine exported 242.684 thousand tons of titanium-containing ores and concentrate valued at $50.296 million, up by 8.6% and by 44.5% YoY respectively. According to the State Fiscal Service, the Czech Republic imported 22.92% of goods, Turkey 21.7% and Mexico 14.14%. At the same time Ukraine imported 15.457 thousand tons of ores from Senegal…
DetailsDalnevostochnoye Manufacturing and Geological Enterprise, a part of the state geological holding Rosgeologia, is starting prospecting at the Khodzhasky site. By the end of 2020 the enterprise will have prospected some 179 square km. The enterprise will be looking for gold and copper. The fieldworks of 2018 will be the first stage of the prospecting…
DetailsA new automated Haver FFS 600 packing complex has been put into operation in the copper sulfate shop of Uralelectromed. According to the shop director Vladimir Ivonin, the new machinery has replaced outdated equipment used for 17 years. The new machine does the same thing, but more efficiently – it packs copper sulfate into PE…
DetailsUkrainian Member of Parliament, coordinator of the Information Resistance analytical group Dmytro Tymchuk says Russia has begun to massively transport coal from the self-proclaimed “Luhansk and Donetsk People’s Republics (LPR/DPR)” in the occupied areas of eastern Ukraine. “Figures show that coal supplies to Russia’s Rostov region in the first quarter of this year accounted for…
DetailsThe prices of the main precious metals except for silver decreased in Azerbaijan on June 8, according to the data published by the Central Bank. The cost of gold decreased by 1.0625 manats, to 2204.2625 manats per ounce compared to the price on June 7. The cost of silver increased by 0.0546 manats, to 28.3913…
DetailsIn May Russia exported 98.6 thousand tons of ferrous scrap to Belarus via railroad, down by 16.5% both MoM and YoY. In April the results were +4.6% and -16%, and in March +27.8% and +26.4% respectively. In January-May Russia exported 498.5 thousand tons of scrap to Belarus, down by 4.4% YoY. (Ukrainian metal)
DetailsIn January-March Kimkano-Sutarsky Mining and Processing Works produced 510 thousand tons of iron ore concentrate. In particular, 140 thousand tons were produced in January, and 170 thousand tons – in February. In March concentrate output exceeded 200 thousand tons. By the end of the year the company intends to reach the project capacity of 3.2…
DetailsYellow cake, or ammonium polyuranite, is the end product of enterprises, which mine uranium by ways of in-situ recovery – Dalur and Khiagda. The only drawback of this technique is the high moisture of the product (up to 30%). Later the yellow cake is processed into the triuranium octoxide with the minimum moisture. Priargunsky Manufacturing…
Details