In July-September Severstal produced 3.06 million tons of steel, up by 2% QoQ. Pig iron output also grew by 2%, to 2.3 million tons. Steel sales reached 2.71 million tons, down by 5%, with local sales up by 1%, to 65%. In 9 months Severstal produced 6.91 million tons of pig iron and 9.1 million…
DetailsUkrdorinvest LLC (Kiev) has purchased 73.5% of the Central processing factory “Russia” shares (Donetsk region). As of Q2, 75.49% of shares belonged to DRFC LLC, while Ukrdorinvest owned only 24.5%. Two more processing factories wanted to buy shares – Ukraina and Mirnogradskaya. Ukrdorinvest also owns 24.5% in Mirnogradskaya processing factory. (Ukrainian metal)
DetailsThe Ministry of Energy and Coal Industry believes that in 2019 power-generating coal consumption by power plants will grow by 4.4% YoY, to 27.75 million tons. In particular, it is expected that 5.1 million tons of anthracite and 22.65 million tons of gas coal will be consumed. 4.67 million tons of anthracite will be imported,…
DetailsPrice of gold increased in Azerbaijan on October 11, while silver, platinum and palladium prices dropped, according to the data published by the Central Bank. The price of gold grew by 6.4685 manats, to 2,028.9245 manats per ounce on October 11 compared to the price on October 10. The price of silver decreased by 0.165…
DetailsRussia’s Voronezh-based “Rudgormash” company will have supplied gold mining equipment worth 1 billion rubles ($ 15.1 million) to Uzbekistan by the end of this year. “This year we are fulfilling a fairly large order for the supplies to the gold mining industry of Uzbekistan, in price terms this order costs more than 1 billion rubles.…
DetailsUkraine increased imports of coal, including anthracite, by 20% YoY, to 15.64 million tons in January-September from 13.03 million tons a year ago, the State Customs Service reported. If measured by value, imports of coal increased by 15%, to $2.19 billion, compared with $1.9 billion in January-September 2017, S&P Global Platts wrote. Most of the…
DetailsIn August world pig iron output grew by 4.08% YoY, to 106.654 thousand tons. According to the World Steel Association, China is leading with 66.655 million tons, up by 6.46%. Ukraine was able to preserve its 9th place with 1.72 million tons between US (2.16 million tons) and Taiwan (1.3 million tons). In September pig…
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