Ukraine: scrap prices to drop in February 2019

The state enterprise Ukrpromvneshexpertisa forecasts that in February ferrous scrap metal prices on the local market will drop by 3.4-16%, to 5.7-7.9 thousand UAH per ton. Until mid-February some drastic change of price is not expected, as rolled metal manufacturers will only begin testing opportunities to raise prices for their products. In March the increase…

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Ukraine: ZZhRK output up in 2018

In 2018 Zaporozhye Iron Ore Complex increased iron ore output by 1.2% YoY, to 4.5 million tons.

In December 2018 the company manufactured 380 thousand tons of ore.

Annual plan was fully met.

The same results were reached in 2017. (Ukrainian metal)

Ukraine: VostGOK uranium concentrate output up in 2018

In 2018 Vostochniy Mining and Processing Works increased uranium oxide concentrate manufacture by 41.1% YoY, to 1.179 thousand tons.

December 2018 saw the maximum monthly output last year – 199.8 tons.

In 2017 VostGOK decreased output by 16.8% YoY, to 836.1 tons. (Ukrainian metal)

Russia: metal structure output down in 2018

In 2018 Russia produced 4.8 million tons of metal structures, down by 1.5% YoY.

According to the Federal Service of State Statistics, in December 2018 output grew by 9% YoY and by 12% MoM. (Ukrainian metal)

Russia: Tagmet to supply metal to foreign car manufacturers

Taganrog Iron and Steel Works has received a certificate of correspondence of its quality management system to IATF 16949:2016.

It will allow the company to supply continuous cast billet of carbon and alloyed steel to the car parts manufacturers abroad.

The company has been preparing for the audit for 2 years. (Ukrainian metal)

Russia: Nadezhdinsky Works output up in 2018

In 2018 Nadezhdinsky Iron and Steel Works produced 0.56 million tons of rolled metal and calibrated steel, up by 4% YoY.

The annual target was exceeded by 20 thousand tons.

The company is one of the three largest suppliers of calibrated rolled metal and is in top-10 manufacturer of bars in Russia. (Ukrainian metal)

Russia: Bashkirskaya Med output up in 2018

In 2018 Bashkirskaya Med LLC mined 879 thousand tons of copper ore, up by 40% from the target.

Factories processed 1.181 million tons of ore, producing 68.844 thousand tons of copper concentrate (11.944 thousand tons of copper).

Zinc concentrate output was 11.734 thousand tons (4.943 thousand tons of zinc). (Ukrainian metal)

Russia: Petropavlovsk gold output down in 2018

In 2018 Petropavlovsk plc decreased gold output by 3.9% YoY, to 422.3 thousand ounces.

This year the company expects to produce 450-500 thousand ounces.

Petropavlovsk is among 5 largest gold producers in Russia. Its main assets are in Amur region: Pokrovsky mine, Pioner, Malomyr and Albyn. (Ukrainian metal)

Ukraine: Tolkachevsky GOK to sell 124 million UAH worth of quartzite

Zaporozhye Ferro Alloys Plant and Nikopol Ferroalloy Plant have concluded agreements with Tolkachevsky Mining and Processing Works for the delivery of quartzite valued at 46 million UAH each.

TGOK will also supply quartzite to Sentoza LLC for 32.7 million UAH.

Combined the enterprise will sell 124.7 million UAH worth of raw materials. (Ukrainian metal)