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In January-July Ukraine received $5.61 billion of revenue from the export of ferrous metals, down by 9.4% YoY. According to the State Fiscal Service, ferrous metals accounted for 19.53% of all export revenue as opposed to 23.07% in January-July 2018. In July Ukraine exported $818.21 million worth of ferrous metals. Imports in 7 months dropped…
DetailsMechel-Service has supplied 300 tons of rebars for the construction of a landing strip of the new airport in Tobolsk, Tyumen region. The rebars have been manufactured by Chelyabinsk Iron and Steel Works. The length of the strip will be 2.4 km and the width 45 m. The construction is to have been completed by…
DetailsIn January-June Evraz received $344 million of net profit, down by 70% YoY. Revenue dropped by 3.2%, to $6.14 billion, and EBITDA – by 22.2%, to $1.482 billion. The decrease is due to the lower prices of vanadium, coal and steel products. At the same time the company has increased its money flow – from…
DetailsFrom August 15 the state enterprise Yuzhnodonbasskoye No. 1 Mine Group will be cut off grid by the demand of the electricity supplier Ukrenergougol. On July 30 the electricity supply to the mines was limited because of the debt of 132 million UAH accumulated in 2016-2018. In 2018 Yuzhnodonbasskoye No. 1 Mine Group produced 465.1…
DetailsIn January-June Ukraine imported 39.394 thousand tons of scrap valued at $22.024 million, up by 52.7% and by 0.1% YoY respectively. According to the State Fiscal Service, the main suppliers were Turkey (49.5%), Russia (41.65%) and the Netherlands (3.02%). Ukraine also imported 488 tons of hot-briquetted iron from Russia valued at $166 thousand, as opposed…
DetailsIn January-July Ukraine decreased steel scrap exports 7.6-fold YoY, to 36.297 thousand tons, valued at $10.186 million, down 9.1-fold. According to the State Fiscal Service, in July Ukraine exported 0.204 thousand tons of scrap, in June – 0.208 thousand tons, in May – 8.086 thousand tons, in April – 8.791 thousand tons, in March –…
DetailsNorilsk Nickel has created modern operational control centers at the Komsomolsky and Taimyrsky mines. The centers allow controlling mining work in real mode and are responsible for the planning of mining operations at all the horizons. Until the end of the year such centers will be created at the Salisty and Mayak mines. Earlier a…
DetailsActivity of Zhong Ji Mining Company was suspended at Solton-Sary field in Naryn region, the Information Support Department of the Government’s Office reported. However, the day before, the Prime Minister of Kyrgyzstan said “incidents between local residents and foreign workers should not cause suspension or stop of company’s activity”. The decision was made on the…
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