Gold production in Russia may increase by 0.7% YoY, to 366 tons in 2021, and silver production may amount to 1,450 tons, Sergei Kashuba, chairman of the Union of Gold Producers of Russia, has announced. “Production of primary gold will increase by about 1%, to 338 tons, plus secondary production, according to our expert estimate,…Details
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In January-August, Ukraine exported 410.43 thousand tons of ferrous scrap, up 19.93-fold YoY, including 75.84 thousand tons in August. According to the State Customs Statistics, revenue grew 29.5-fold, to $157.15 million. Imports in 8 months amounted to 15.89 thousand tons valued at $28.94 million, up by 31.7% and 2.1-fold YoY respectively. The main suppliers were…Details
Zaporizhstal has started producing cold-rolled unalloyed steel of grade DC01 according to EN 10130 to press high-precision parts. The work began in January and was finished in August. The company has produced over 5 thousand tons of trial batches of steel. Now, Zaporizhstal has in its portfolio 7 new types and sizes of coils corresponding…Details
In January-August, Amur region yielded 13.191 tons of gold, down by 16% YoY. Ore gold accounted for 8.81 tons and alluvial gold – for 4.37 tons. The decrease is due to a drop in output at three Petropavlovsk mines. In particular, Pokrovskiy mine produced 2,068 kg of gold, down by 17%, Malomyrskiy Mine LLC –…Details
In August, Energomashspetsstal exported 1040 tons of metal products. Bottoms, pipes, spheres, flanges and frames were shipped to the USA, Belgium, Austria, the Czech Republic, Italy, France, etc. Most of the products were made for nuclear industry. Moreover, for ArcelorMittal Temirtau the company has produced a slag carrier with the weight of 48 tons and…Details
In January-August, Kazakhstan decreased non-ferrous metals output by 2.7% YoY. The decrease was mostly due to the seasonal drop in orders and a scheduled reconstruction of a technological line at the Kusmuryn mine of Kazakhmys and capital repairs of a copper plant of Kazzinc. As a result, lead production fell by 19%, zinc – by…Details
Ukrainian Railways has ordered Metinvest-SMC LLC the delivery of rails valued at 1.49 billion UAH. This year the company has to supply 43,989 tons of R-65 rails with the length of 25 m produced not earlier than in 2021 at 33,780 UAH per ton. The rails will be produced by Azovstal. The price of the…Details
In April-June, Interpipe increased EBITDA by 75% QoQ, to $71 million. Revenue grew by 29%, to $260 million, and the capital investments – by 20%, to $14 million. In H1, revenue dropped by 2% YoY, to $460 million. EBITDA decreased by 25%, to $111 million. Capital investments tripled, to $21 million. (Ukrainian metal)Details
In January-August, Ukrzaliznytsia transported 51.9 million tons of iron and manganese ore, down by 3.4% YoY. Export decreased by 4.4%, to 29.6 million tons, import – by 46.3%, to 227.9 thousand tons, and transit – by 27.5%, to 3.2 million tons, while domestic transportation grew by 5.3%, to 18.9 million tons. In August, UZ transported…Details
High-voltage electricity lines used to power excavators and drilling rigs are being repaired at the Pervomayskiy quarry of the Severniy Mining and Processing Works. Investments in the project amount to 4.2 million UAH. This year, three lines would be repaired, with one already commissioned in August. During repairs, 36 supports and 2 km of cable…Details
In January-August, Sukhaya Balka increased iron ore output by 2.8% YoY, to 1.787 million tons. In August, the enterprise produced 235.54 thousand tons of ore. Last year, Sukhaya Balka produced 2.554 million tons of iron ore, down by 6.3% YoY. (Ukrainian metal)Details
In January-August, Almalyk Mining and Processing Works exported 62.288 thousand tons of copper, up by 32% from the target. In particular, cathode copper exports grew by 8%, to 52.359 thousand tons, copper rolled wire – by 129.9%, to 6.209 thousand tons, and copper pipes – by 73%, to 3.72 thousand tons. Moreover, the company exported…Details
In January-August, Nikopol Ferroalloy Plant increased output by 20.7% YoY, to 447.95 thousand tons. While the manufacture target in August was 66.03 thousand tons, the company produced 67.8 thousand tons. The target for September is 65 thousand tons. (Ukrainian metal)Details