Georgia’s imports of ferroalloys from January through November 2021 amounted to $2.5 million, up by 131.4% YoY, the National Statistics Office (Geostat) reported. The volume of the imported ferroalloys increased by 28.7%, 1.01 million tons to 1.3 million tons. Top-5 suppliers of ferroalloys to Georgia were Azerbaijan – $1.9 million, Turkey – $350,530, the UAE…Details
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In January, Ukraine exported 5.69 thousand tons of scrap, down by 70.4% YoY. According to the State Customs Service, in monetary terms exports dropped by 56.9%, to $2.58 million. Scrap imports fell by 92.8%, to 150 tons valued at $53 thousand, down by 98.4%. The main suppliers were Bulgaria (59.62% in monetary terms), Russia (16.67%)…Details
In January, by-product coke plants decreased manufacture of 6% moisture metallurgical coke by 4.5% YoY, to 807 thousand tons. In December 2021, output totaled 812 thousand tons. In particular, in January, Avdiivka Coke and Chemical Plant produced 218 thousand tons of coke, down by 8.8% YoY (232 thousand tons in December 2021), Azovstal – 115…Details
In 2021, Tajikistan decreased aluminum manufacture by 28% YoY, to 61 thousand tons. The drop was due to the delays in delivery of raw materials. In June 2021, the company reported inability to receive components from China needed for electrolyzers. Exports reached 50 thousand tons, down by 38 thousand tons. This year, TALCO plans to…Details
From March 1, Metinvest will increase wages at all its enterprises. This year, expenses on labor payments will grow by 10%. Moreover, from April 1 some employees will receive additional payments of 5% of 25% from their salary. Metinvest claims that its wages are 5-8% higher than their competitors’. As of February, the average salary…Details
Ukrzaliznytsia has successfully held 17 auctions to sell scrap having received 99.93 million UAH. 14.1 thousand tons of non-ferrous scrap was sold. All the planned auctions have been held. The combined initial price grew by 10.2%, or by 9.2 million UAH. (Ukrainian metal)Details
In January, Kazakhstan produced 359.945 thousand tons of non-refined steel, up by 5% YoY. In December 2021, the output totaled 387.484 thousand tons. Flat rolled metal manufacture grew by 39.3%, to 22.5 thousand tons (350.55 thousand tons in December 2021). At the same time production of ferroalloys dropped by 18.4%, to 155.097 thousand tons. (Ukrainian…Details
Ingulets Mining and Processing Works has commissioned the EKG-10 excavator after a repair costing 20 million UAH.Ingulets Mining and Processing Works The volume of the excavator ladle is 10 cubic meters. The machine has already started operating at the depth of 270 meters in a quarry. In 2021, InGOK spent 565.6 million UAH on capital…Details
The Metinvest enterprise in Kamenskoye has received a new name – Kametstal. The company comprises metallurgical and by-product manufactures (earlier Dneprovskiy Iron and Steel Combine and Dneprovskiy By-Product Coke Plant). The enterprise employs over 9 thousand people. The main products are blast furnace coke, continuous-cast and pipe billets, as well as rolled metal. Kametstal is…Details
In 2021, Navoi Mining and Processing Works produced over 80 tons of gold. The share of the company in payments to the state budget amounted to 20% and in the industrial manufacture – 13%. Last year, NGMK occupied the fifth place among the world gold manufacturers. The company net profit amounted to 11.3 trillion sums.…Details
The Vostochniy Mining and Processing Works has ordered Galtekhnopark LLC the delivery of sulphur valued at 36.903 million UAH. The company has to supply 4,722 tons of technical sulphur with the purity of not less than 99.95% at 7,630 UAH per ton, or $265 per ton. In January, Sumykhimprom ordered sulphur with the purity of…Details
Chaarat Gold Holdings Ltd. unveiled financing and construction delays at its Tulkubash project in Kyrgyzstan. The dispute between Canada’s Centerra and Kyrgyzstan over the Kumtor mine has had a significant impact on the Tulkubash project, pushing out the debt-financing timeline for the project to the second half of 2022. The project’s first gold output has…Details
In January, Amur region extracted 1161.7 kg of ore gold, up by 6.6% YoY. 5 companies are operating in the region now. Malomyr mine yielded 144 kg of gold, down by 60%, Pokrovsky – 515 kg, up 2-fold, and TEMI, operating at the Elginskoye deposit, – 285 kg. Berezitoviy mine decreased output by 20%, to…Details