In April coal imports increased by 21.1% YoY, or by $42.484 million, to $243.788 million, while exports dropped by 99.7%, or by $6.636 million, to $0.019 million. According to the State Fiscal Service, Russia was the main supplier of coal ($171.08 million). In January-April coal imports grew by 30.3% YoY, or by $233.424 million, to…Details
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The Cabinet of Ministers of Ukraine has provided state mines with guarantees of over 1 billion UAH on their loans and has approved the terms of the guarantees. The Cabinet has agreed to the suggestion of the Ministry of energy and coal industry to provide the state enterprise Toretskugol with state guarantees for 21.15 million…Details
Some 1 thousand employees of ArcelorMittal Kriviy Rih have had a meeting demanding their salary to be increased to EUR 1 thousand. The strikers gathered in two places – near the administration building on the enterprise territory and on the Krivorozhstal Street. They demanded the salary increase and the fulfillment of all the labor agreements…Details
The combined sales of titanium rolled products and bars by VSMPO-Avisma rose by 14% YoY, to 28,779 tons in 2017, the company said in a statement on May 23. Exports grew by 26%, to 20,588 tons, while domestic sales fell by 8%, to 8,192 tons. The U.S. and Europe accounted for most exports with 44%…Details
Kazakhstan’s national company Kazatomprom delivered the first batch of uranium to Brazil, the company’s press service said in a message. “The National Atomic Company of Kazakhstan is expanding the geography of its products supply on the world nuclear fuel market. Kazatomprom JSC won an international tender for the supply of natural uranium concentrates for the…Details
The state enterprise Ukrpromvneshexpertisa says in June deliveries of scrap to metal companies will decrease by 16.67% MoM, or by 50 thousand tons, to 250 thousand tons. “I believe in June deliveries will decrease somewhat, as the price drop starts affecting scrap procurement. Thus, deliveries to metal companies will also decrease. Another factor is the…Details
The State Service of Geology and Subsoil Use has suspended special permits to mine coal of the Mine “Rossiya” LLC and the Mine 1-3 Novogrodovskaya LLC. The basis for the suspension of the permits is the violation of two clauses of the “Ukrainian Subsoil Code”. The service has given the companies 10 days to set…Details
Vorkutaugol has received the quality certificate for the coal concentrate of a new grade – 1Zh. The company has also confirmed the quality of its other products – coal concentrate of grades K, 2Zh and GZhO. The new certificate allows the company to sell the product. “We started processing the 1Zh grade in trial mode…Details
At present salary debts to the employees of the state coalmining enterprises amount to 406.8 million UAH and are the result of the difficult economic condition of the state coal sector. “In 2018 we have seen no sufficient support from the state, thus now we have wage debts of over 400 million UAH”, Department of…Details
Azovstal has shut down its converter No. 2 for an 8-hour repair to service gas-purifying equipment. A month ago the converter was also shut down to repair technological equipment, sensors, etc. Within the following 4 years Azovstal intends to invest over $300 million into environment-protection projects. (Ukrainian metal)Details
The First Vice Prime Minister held a meeting with the management of GL Makmal Developing the day before. According to the government’s press service, the parties discussed the events that took place on April 11 in Kazarman village, Toguz-Toro district of Jalal-Abad region, where the territory of the gold processing plant was set on fire.…Details
The members of the EEC Board have decided to abolish the import customs duty rates of the Common Customs Tariff of the Eurasian Economic Union (EAEU CCT) on certain types of mineral raw materials containing precious metal or precious metal compounds, the Eurasian Economic Commission’s press service said. In particular, the decision will relate to…Details
The prices of main precious metals increased in Azerbaijan on May 23, according to the data published by the Central Bank. The cost of gold increased by 5.5165 manats, to 2197.08 manats per ounce compared to the price on May 22. The cost of silver increased by 0.1632 manats, to 28.1479 manats per ounce. The…Details