In January Ukraine exported $287.21 million worth of flat rolled metal, up by 33.9% YoY.
According to the State Fiscal Service, imports dropped by 6.3%, to $46.2 million.
Compared with December 2018 exports grew by 19.5%, while imports fell by 7.1%.
The largest deliveries were made to Poland ($24.719 million). (Ukrainian metal)
The Russian president Vladimir Putin has ordered the government to develop suggestions on the upgrading of the scrap sphere. The suggestions should touch the rules of scrap procurement and sales, including using digital platforms. The suggestions should be ready by May 31. The Russian scrap market is estimated at 1 trillion rubles per year. (Ukrainian…
DetailsIn 2018 Severstal Distribution transported 2 million tons of rolled metal, up by 70% YoY. 95% of cargo was transported by sea and river transport, as well as automobiles. Water transportation volumes doubled: to Russia 100 thousand tons were supplied, and to the European markets – 1 million tons. Automobile transportation increased by 30%, to…
DetailsIn 2018 Sibcable manufactured products valued at 11 billion rubles, up by 11-12% from the plan. “We had a successful year. Though the plans were ambitious, all the goals were reached. We developed some 17 new structures of cable wares. We’re currently looking for and developing new materials”, the company director Alexei Zhuzhin said. One…
DetailsThe owners of the manufacturing company DIA and the pipe works Profil-Akras decided to merge companies into the United company Akras DIA. The first products are expected to be produced from April 1. The new company will honor agreements of the previous two companies. At the same time, only steel pipes manufacture will be merged.…
DetailsThe Ministry of Industry and Trade and the Federal Antimonopoly Service with the participation of metal companies have developed a new standard for the purchase of large diameter pipes. The price is calculated according to a formula stipulated in the contract. Gazprom is prohibited from buying more than 15% of pipes under short-term contracts. The…
DetailsChelyabinsk Zinc Works has put into operation new machinery in the hydrometallurgical shop. The machine is used to filtrate flotation products and zinc cake underflow. The filter-press was supplied by Fraccaroli & Balzan, Italy. The hydrometallurgical shop now operates 11 filter-presses. The capacity of the new machine is 40 dry metric tons of cake per…
DetailsZaporizhstal has already settled 60% of its environment issues. “In 6 years, having invested 10.6 billion UAH in modernization, we have completed major environment projects – assembled new exhaust systems at the sintering machine and blast furnaces, as well as constructed and commissioned a new rolling line”, the company capital construction and investments director Alexei…
DetailsDneprometiz has put into operation a fine drawing mill. The machine is made by Mario Frigerio S.p.A, Italy. The mill will produce steel wire without coating with the diameter of 0.75-1 mm. Taking into account the new machine the company capacity in manufacture of fine wire and fiber will grow by 200 tons per month.…
DetailsEvraz KGOK has improved the efficiency of dust exhaust system. This allowed decreasing dust level at the premises and air pollution. In 2018 Evraz KGOK repaired 18 dust exhaust systems in the crushing and processing shops, as well as the agglomeration factory. 2 more systems have been modernized. The company spent over 70 million rubles…
DetailsThe state enterprise Ukrpromvneshekspertisa forecasts that in March ferrous scrap prices will grow by 3-12.5% MoM, to $315-340 per ton. The price could grow following the increase in price of rolled metal. At the same time, in April the experts expect a drop of export quotations because of the decrease in demand and the seasonal…
DetailsThe state enterprise Ukrpromvneshekspertisa forecasts that in March ferrous scrap deliveries to metal companies will grow by 50% MoM, to 210 thousand tons. In February deliveries will be insignificant due to the low procurement level. At the same time in March and April deliveries will grow because of the expected increase in price and better…
DetailsThe state enterprise Electrotyazhmash Works has concluded three agreements with Yugcable on the delivery of wire products valued at 363.35 million UAH. This year the company will supply 1193 tons of various copper wire and cable at the average price of 304 UAH per 1 kg. Specifications have not been revealed, thus the country of…
DetailsMariupol Ilyich Iron and Steel Works has received two electric engines. They will operate in the sheet-rolling shop 1700. The reconstruction of the mill will allow the company to expand sales markets because of the improvement of quality and the increase in weight. Investments in the shop modernization total 2.4 billion UAH. The engines were…
DetailsAlmalyk Mining and Processing Works, using new technique, has obtained palladium. Previously the works was obtaining palladium powder. The technique, consisting of 52 steps and lasting for 70 hours, allowed obtaining less than 1 kg of palladium per month. Last year the enterprise started studying obtaining palladium from the electrolyte solution as well as refined…
DetailsThe State Expertise Service has approved the project to develop the ore zone No. 1 of the gold-silver deposit Dvoynoye. The site is situated in Chukotka and will be developed by Severnoye zoloto LLC, a part of Kinross Gold. The company intends to mine 230 thousand tons of ore per year at the site. The…
DetailsIn 2018 Yakutia became one of the three largest gold extractors in Russia.
The output has reached 29.5 tons, up by 20% YoY.
Aldansky district yielded 12.75 tons of gold.
The Sakha Gold Mining extracted 17.4 thousand ounces of alluvial gold last year.
Polyus Aldan mined 6.209 tons of gold. (Ukrainian metal)
Following prospecting works in 2018, DVGK LLC intends to increase the gold reserves in the central part of Bolotistoye deposit by some 13 tons. When the reserves are approved, the company will start prospecting at other sites, as well as searching for an investor to construct a mining and processing works. Taking into account the…
DetailsOn February 22 the Eurasian Economic Commission considered a number of integration, trade, as well as customs and technical regulation issues.
One of the decisions was the zeroing of the customs duties on some of grafitized electrodes.
At present the duty is 5%.
The 0% duty is applied till April 30, 2020. (Ukrainian metal)
In January Ukraine exported $48.728 million worth of steel pipes, down by 9.1% YoY.
Imports grew by 54.1%, to $19.118 million.
According to the State Fiscal Service, in January exports dropped by 13.6% MoM, while imports – by 2.3%, to $0.454 million.
USA imported the most pipes – $11.852 million. (Ukrainian metal)
The prices of precious metals increased in Azerbaijan on February 25. The price of gold grew by 10.7355 manats, to 2,262.5895 manats per ounce compared to the price on February 22. The price of silver went up by 0.2537 manats, to 27.1554 manats per ounce. The price of platinum increased by 39.423 manats, to 1,444.0820…
DetailsIn 2018 metal products accounted for 24.6% of the total volume of exports. According to the Ministry of economical development and trade, metal exports grew by 14.9% YoY, to $11.6 billion. Metal industry provided for the second largest contribution to exports after agriculture. The share of agriculture products in the exports was 39.3%, or $18.6…
DetailsIn 2018 Zaporozhkoks, under a program to increase energy efficiency, decreased consumption of the main resources – gas, steam and electricity – at the same time retaining output volumes. This allowed the enterprise saving some 41 million UAH. At the same time the blast furnace coke output volumes remained unchanged – 825 thousand tons. (Ukrainian…
DetailsIn January the Far Eastern Railroad transported 1.5 million tons of coal, down by 12% YoY. Last year coal transportation dropped by 5.5%, to 17.8 million tons. At the same time iron ore concentrate transportation grew by 88.9%, to 60 thousand tons. In the whole 2018, 664 thousand tons of concentrate were transported, up by…
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