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In January-October, Ukraine exported $11.54 billion worth of ferrous metals, up by 80% YoY. According to the customs statistics, in October revenue totaled $1.21 billion, up by 82.4%. Imports in 10 months grew by 44.45%, to $1.25 billion, with $139.13 million imported in October, down by 60.7%. (Ukrainian metal)
DetailsIn January-September, the state enterprise Vostochniy Mining and Processing Works produced 340.3 tons of uranium oxide concentrate, down by 47% YoY. Uranium ore mining dropped by 20%, to 343.8 thousand tons. The concentrate price dropped by 44%, to 990.7 million UAH. (Ukrainian metal)
DetailsThe Ukrainian Association of Ferroalloys Manufactures asks the authorities to impose a special duty on the import of ferroalloys from Russia. At present the duty for Russia is zero, while the country has a duty of 5% on almost all Ukrainian ferroalloys. Under such conditions, local ferroalloy manufacturers are unable to compete. The association believes…
DetailsThe State Property Fund has decided to postpone the auction on the privatization of the United Mining and Chemical Company till December. The fund received only two offers to participate in the auction, with one not meeting the current legislation requirements. As the auction cannot be carried out with just one participant, the fund has…
DetailsIn January-September, Dneprospetsstal decreased net losses 58.3-fold, to 15.219 million UAH. As of the end of September, uncovered losses amounted to 2.679 billion UAH. Net income grew by 40.2%, to 7.241 billion UAH, including 2.281 billion UAH of domestic sales and 4.959 billion UAH of exports. (Ukrainian metal)
DetailsZoloto Kamchatki has produced 40 tons of gold. Aginskiy Mining and Processing Works was the first gold-extracting enterprise in the region, which started mining for ore gold. In 2005-2018, the Aginskoye deposit was its resource base. Since 2018, its base has been the Baranyevskoye deposit. In 2012, Zoloto Kamchatki started developing the Ametistovoye deposit. The…
DetailsIn October 2005, the transparent privatization of Kryvyi Rih metallurgical plant became the largest investment in Ukraine. The state received UAH 24.2 billion. Lakshmi Mittal, Executive Chairman of ArcelorMittal, congratulated the largest mining and steel company in Ukraine: “Looking back at the years since ArcelorMittal successfully acquired Kryvorizhstal in 2005, the belief I had in…
DetailsThe Central Mining and Processing Works has invested 22 million UAH in the capital repair of the annealing machine OK-324 at the pelletizing factory. Some 100 tons of refractory lining will be replaced, as well as 16 meters of gas line. CGOK is one of the largest manufacturers of iron ore raw materials in Ukraine.…
DetailsIn January-September, Severniy Mining ad Processing Works increased pellets output by 22.2% YoY, to 4.93 million tons. Iron ore concentrate manufacture grew by 7.8%, to 10.2 million tons. In September, SevGOK produced 385 thousand tons of pellets and 1.1 million tons of concentrate, down from 490 thousand tons and 1.14 million tons in August respectively.…
DetailsIn January-September, Ingulets Mining and Processing Works increased iron ore concentrate output by 8.8% YoY, to 9.75 million tons. In September, the enterprise produced 1.02 million tons of concentrate, up by 5.9%. (Ukrainian metal)
DetailsIn July-September, Pokrovskoye Mine Group, the largest producer of coking coal in Ukraine, decreased output by 30.1% QoQ and by 17.3% YoY, to 1.21 million tons. Since July, monthly dynamics has been negative. Thus, in July, Pokrovskoye decreased output by 4.7% YoY, to 461.2 thousand tons, in August – by 17%, to 371.2 thousand tons,…
DetailsIn January-August, Russia produced 215.07 tons of gold, up by 0.22% YoY. The output of extracted gold dropped by 1%, to 182.62 tons, and auxiliary gold – by 6%, to 10.61 tons, while that of secondary gold grew by 14%, to 21.84 tons. In August, gold production totaled 41.08 tons, up by 7% YoY, with…
DetailsThe state enterprise Selidovugol has ordered Stencil Capital LLC the delivery of rescuing equipment valued at 34.75 million UAH. This year, the company has to supply 1700 mine insulating self-rescuers for 50 minutes of protection produced by Dezega SP, Turkey at 10.555 thousand UAH apiece. This is a new price set in August. Previously it…
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