In January-June Primorye region extracted 104 kg of gold, including 70.5 kg of ore gold and 33.5 kg of alluvial gold, down by 18% YoY. The main extractor of ore gold in the region is Primorksiy Mining and Processing Works operating at the Vostoc-2 deposits. Silver output dropped by 20%, to 16.9 tons. Last year…Details
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Energomashspetsstal is developing cooperation with the customers. In February the company obtained a qualification order from AM/NS Calvert to produce 3 supporting rolls for hot-rolling mills. One of the rolls weighing 19.7 tons has already been shipped to the customer. Two more rolls with the weight of 48.8 tons each are on the final stage…Details
NTZ TEM-PO has reached the annual capacity of 840 thousand tons of pipes (6 manufacturing lines). The company also has the capacities to coat pipes (10 thousand tons per month). On August 3 NTZ TEM-PO commissioned the line to produce large diameter pipes (from 530 to 720 mm, with the wall thickness of 6 to…Details
On August 2 a contractor employee perished at the Mariupol Ilyich Iron and Steel Works. The man fell from on high. The accident happened because of the safety rules violations. This is the third lethal accident at the works since the beginning of the year. In March a person fell into the ventilation shaft of…Details
According to Turkish Statistical Institute (TUIK), in January-June Turkey increased scrap imports by 15.8% YoY, to 10.77 million tons. In particular, Russia increased deliveries by 60%, to 1.33 million tons. In June scrap imports from Russia grew by 66.1%, to 299.165 thousand tons. (Ukrainian metal)Details
Metinvest has indirectly become a shareholder in the Pokrovskoye Mine Group, the largest coking coal manufacturer in Ukraine. Since Q2 2017, 57.29% of Pokrovskoye have been transferred from Donetskstal to Industrial Coal Holding LLC (ICH). At present Metinvest B. V. holds 24.99% in ICH. (Ukrainian metal)Details
The representatives of several state coal enterprises have started a meeting near the Ministry of energy and coal industry demanding their salary debts to be cleared and the coal industry reanimated. According to them, the document signed by the energy minister Igor Nasalik on the clearing of the 1.5-billion UAH debt to state miners is…Details
The price of one ounce of gold decreased by 21.896 manats, or by 1.06% last week, to 2,070.5099 manats per ounce. Last week, the price of one ounce of silver decreased by 0.2008 manats, or by 0.77%, to 26.21038 manats. The price of one ounce of platinum increased by 0.442 manats, or by 0.03%, to…Details
The quota imposed by EU in response to the 25% US duty has been on average 2% fulfilled by Ukraine. As of August 2, the quota for the delivery of cold-rolled flat metal of alloyed and unalloyed steel was fulfilled the least – by 0.51% (6.765 thousand tons out of 1.318 million tons). At the…Details
ArcelorMittal Kriviy Rih was reimbursed the most VAT in July – 1.074 billion UAH. According to the State Treasury Service, Azovstal received 707.6 million UAH, up from 533.3 million UAH in June. Mariupol Ilyich Iron and Steel Works lost its leader status, having received 493.6 million UAH, down from 620.7 million UAH in June. Zaporizhstal…Details
Karelsky Okatysh Mining and Processing Works has purchased a new locomotive. The machine, manufactured by Bryansk Machine-Building Works, will be able to save fuel expenses by 10% due to a special diesel engine. The investment program of the company presupposes further purchases of such locomotives to replace old ones. (Ukrainian metal)Details
On July 24-26 the auditors of the certification association Russian Registry carried out a scheduled integrated check of the Kirov Non-Ferrous Metals Processing Works management system. In particular, the experts checked the correspondence of the labor protection management system to the BS OHSAS 18001:2007, environment management system to ISO 14001:2015 and quality management system to…Details
Prices of precious metals, except for platinum, dropped in Azerbaijan on August 3, according to the data published by the Central Bank. The price of gold decreased by 19.3885 manats, to 2052.4865 manats per ounce compared to the price on August 2. The price of silver decreased by 0.1873 manats, to 26.0118 manats per ounce,…Details