In January-March, Russia produced 60.986 tons of gold, down by 5.99% YoY. Volumes of extracted gold decreased by 2.58%, to 46.848 tons, while by-product and secondary gold manufacture dropped by 12%, to 3.8 and 7.376 tons respectively. Gold concentrate output fell by 27.1%, to 2.962 tons. Silver manufacture decreased by 7%, to 289.7 tons. Russia…Details
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A new cold-rolling shop will be built at the Mariupol Ilyich Iron and Steel Works. This will be one of the first steps to relocate capacities from the downtown. A corresponding contract valued at $1 billion was signed this week. Metinvest plans to relocate all the manufacturing capacities away from the center of Mariupol. “An…Details
In January-May, the Ukrtruboprom enterprises increased pipe output by 11.8% YoY, to 249.5 thousand tons. In particular, Interpipe Niko Tube increased output by 46.1%, while Centravis decreased by 8.6% and Interpipe NMTZ – by 21.3%. In May, 67 thousand tons of pipes were produced, up by 53.3% YoY and by 17.3% MoM. (Ukrainian metal)Details
This year, Daksib LLC intends to extract 140 kg of gold at the Irkutsk region alluvial deposits, up by 28% YoY. Washing is being carried out at licenses sites within the Bolshoy Makalak River. The output growth will be achieved thanks to the increase in machinery fleet. Operation started in May and would last till…Details
In January-March, Centravis increased average salaries of its employees by 15% YoY, to 19.03 thousand UAH. Average salary at the enterprise amounts to 14.7 thousand UAH. In particular, rollers receive 22.9 thousand UAH, pressmen – 20.8 thousand UAH, repairmen – 17.6 thousand UAH and pipe cutters – 15 thousand UAH. Last year, Centravis decreased stainless…Details
The United States International Trade Commission (USITC) intends to prolong for 5 years the antidumping duties on edged carbon steel rolled plate imports from Ukraine. The USITC has come to a conclusion that the cancellation of antidumping duties would result in a dumping of metal products on the American market and damage the local manufacturers.…Details
In 15 years, Metinvest has produced over 142 million tons of steel, which equals 20 thousand Eiffel towers. The steel produced by the group was used in the reconstruction of the Darnitskiy Bridge and the Olympiiskiy Stadium in Kyiv. Moreover, Metinvest steel was used in the construction of the UK’s highest building – The Shard,…Details
In May, ArcelorMittal Kriviy Rih was the largest receiver of VAT among metal companies – 1.05 billion UAH as opposed to 556.2 million UAH in April. Zaporizhstal was reimbursed 538.8 million UAH against 700.9 million UAH in April. Mariupol Ilyich Iron and Steel Works received 465.6 million UAH, down from 500 million UAH in April.…Details
In January-May, Sukhaya Balka increased iron ore output by 0.8% YoY, to 1.989 million tons. In May, the enterprise produced 228.4 thousand tons. The capacity of the mine is 3.1 million tons per year. It includes the Yubileynaya Mine and the Mine named after Frunze. (Ukrainian metal)Details
Interpipe has concluded a 3-year agreement with the Societe Nationale Industrielle et Miniere of Mauritania on the supply of locomotive wheels with the diameter of 1076 mm according to AAR. SNIM is the sole owner of railroad infrastructure with the length of 704 km. The railroad connects the city of Zuerat with the port city…Details
Centravis has won a contract to supply over 3.3 thousand meters of seamless pipes made of stainless steel for exhaust systems to Akrapovic, Slovenia. Earlier Centravis has received an order from the German PMI to produce premium-quality exhaust pipes. In 2020, Centravis decreased output by 9.3% YoY, to 19.5 thousand ton. Sales amounted to 19.8…Details
Krastsvetmet has received a general license for one year to export silver in ingots. Thus, the company will be able to increase volumes and decrease time of exports. Until 2021, Russia only issued one-time licenses. It took a company 2-2.5 months to get a license. Since the start of the year companies can get one…Details
In 2020, Ukraine decreased steel export from 15.6 million tons to 15.2 million tons. At the same time, according to Worldsteel, Ukraine went up one step in the rating, from the 10th to the 9th position. China was the first with 51.4 million tons. Ukraine occupied the 4th place in the rating of importers with…Details