In January-June, scrap deliveries to metal companies grew by 26.3% YoY, to 1.65 million tons. Scrap procurement by metal companies went up by 42.2%, to 1.98 million tons. As of late June, scrap stocks amounted to 120-125 thousand tons. In 2020, scrap deliveries decreased by 3.9%, to 2.9 million tons. (Ukrainian metal)Details
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Turkish Onur Taahhut Tasimacilik Insaat Ticaret Ve Sanayi Anonim Sirketi bought a 37.5% share in Spys Ukraina LLC, which in December 2020 won a tender to develop the Zheltye Vody gold-bearing field in Dniepropetrovsk region. Now all the owners of the company are either registered in Turkey or are Turkish citizens. (Ukrainian metal) Spys Ukraina…Details
Zaporizhstal and Mariupol Ilyich Iron and Steel Works became the largest VAT receivers among metal and mining companies in June. According to the State Treasury Service, Zaporizhstal was paid 635.5 million UAH, up from 584 million UAH in May, and Mariupol Ilyich – 600 million, up from 465.6 million UAH. Interpipe Niko Tube received 476…Details
On July 2, the State Property Fund of Ukraine started accepting applications for the participation in the auction to privatize the United Mining and Chemical Company. The auction is scheduled for August 31. The initial price is 3.7 billion UAH. (Ukrainian metal)Details
In June, Novokramatorskiy Machine-Building Works produced the second batch of 5 segments for the Liberty Galati, Romania continuous casting machine. The first 5 segments were shipped in March. This is the first time that NKMZ ships whole such segments abroad in 10 years. Previously, the works produced only parts of such segments. (Ukrainian metal)Details
In January-June, Ukraine increased steel output by 7.5% YoY, to 10.86 million tons. Pig iron manufacture grew by 8.1%, to 10.79 million tons, and rolled metal – by 6.6%, to 9.63 million tons. In 2020, Ukraine produced 20.549 million tons of steel, down by 1.4% YoY, 18.344 million tons of rolled metal, up by 0.7%,…Details
In January-June, Druza LLC, developing deposits in Irkutsk region, extracted 472.6 kg of gold. All the gold was extracted at the Nevskoye deposit. Last year, the company produced 522.6 kg of gold at the deposit. This year, the output target is set at 895 kg, down by 16% YoY. (Ukrainian metal)Details
Nursultan Nazarbayev met with Chief Executive Officer of Glencore International AG Ivan Glasenberg and thanked the company for the contribution to the development of Kazakhstan’s mining industry. The First President of Kazakhstan noted efficient work of Kazzinc LLP, the general investor in which was Glencore International AG. He stressed that Kazzinc took an active part…Details
In May, average wages in the mining and metal industry increased. Ferrous metallurgy enterprises witnessed the largest growth – by 8%, to 20.1 thousand UAH. At by-product coke plants the average salary was 20.2 thousand UAH (+5%), at pipe companies – 15.1 thousand UAH (+2.1%), at mining enterprises – 19.2 thousand UAH (+3.1%), in non-ferrous…Details
On June 30, a meeting was held at Khartsyzsk Pipe Works, situated in the Russia-occupied part of Donetsk region managed by the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia. It was decided to transfer the enterprise to the “state enterprise” Ugol Donbassa. The main task of the new management will…Details
In January-May, Kazakhstan extracted 12.5 million tons of gold-containing ore, up by a third YoY, and 233 thousand tons of concentrate, up 1.5-fold. Output of raw and semi-finished gold reached 47 tons, up by 6.4%. In particular, refined gold accounted for 28.1 tons, up by 12%. (Ukrainian metal)Details
Dneprovskiy Iron and Steel Works has mastered the manufacture of SVP-17 mine props. The new product is used in making arched anchoring and is in demand on the market. DMZ has long been producing SVP-22, 27 and 33 props. Now it also has a lighter SVP-17 prop in its portfolio. These sections are suitable for…Details
In May, average salaries in metal and mining sectors decreased. Only pipe enterprises increased their wages – by 7.8%, to 14.8 thousand UAH. Thus, at by-product coke plants average salary was 19.2 thousand UAH (-12%), in ferrous metallurgy – 18.6 thousand UAH (-16%), at mining companies – 18.6 thousand UAH (-9.5%), in non-ferrous metallurgy –…Details