In January-October Ukraine exported 385.76 thousand tons of scrap, up by 60.6% YoY, valued at $92.08 million, up 2.2-fold. According to the State Fiscal Service, in October scrap exports totaled 64.656 thousand tons, in September – 64.336 thousand tons, in August – 68.729 thousand tons, in July – 57.073 thousand tons, in June – 29.106…Details
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In January-October Ukraine exported $6.92 billion worth of ferrous metals, up by 15.4% YoY. According to the State Fiscal Service, ferrous metals accounted for 19.66% of the total exports against 20.58% in 10 months of 2016. In October Ukraine earned $744.43 million from the exports of ferrous metals, up from $690.22 million in September. At…Details
In January-October Irkutsk region obtained 19818 kg of gold, down by 1.6% YoY, including 10303 kg of alluvial gold and 9515 kg of ore gold. The four gold extractors still account for the most output: Polyus Verninskoye produced 5243 kg, Lenzoloto obtained 4418 kg, Vysochaishiy – 3557 kg and Vitim – 2861 kg of gold.…Details
In October Zagorsky Pipe Works obtained a right to use the 4th system for large diameter pipe insulation. Gazprom VNIIGAZ LLC has allowed the works to use another system to insulate large diameter pipes. This system uses components of both local and foreign manufacture. In particular AzkoNobel, Borealis and the Metaclay polyethylene. At present this…Details
UC RUSAL will be supplying approximately 510 tons of aluminum to be used in the production of aluminum tram interiors. As part of the project, UC RUSAL will provide aluminum for a total of 300 tram interiors. This is the world’s largest contract to purchase trams for a single city. The field of urban transport…Details
In January-October Ukraine exported 1.83 million tons of pig iron valued at $572.039 million, down by 13.9%, but up by 26.8% YoY respectively. According to the State Fiscal Service, the main exports went to US (56.86%), Italy (23.99%) and Turkey (8.75%). At the same time Ukraine imported 1.779 thousand tons of pig iron valued at…Details
Energomashspetsstal has completed another order to produce a hammer frame for LASCO Umformtechnic GmbH. According to the company statement, the billet weighing 61 tons was shipped to the customer in October. The casting is a part of the press-forging equipment. So far this is the 15ths hammer frame produced by EMSS for LASCO. (Ukrainian metal)Details
NLMK Group CEO Oleg Bagrin, Head of Lipetsk region Administration Oleg Korolev, and Head of Lipetsk Sergey Ivanov were the guests of honor at the Time Capsule Ceremony held on November 7 at the site of the future NLMK Corporate University. This ceremony held on NLMK’s anniversary (83 years) marked the symbolic start to construction…Details
Silver and gold company Polymetal International is considering building a plant to refine refractory gold ore in the city of Sovetskaya Gavan in Russia’s Far East, according to a statement published by the regional government on November 7. “The Sovetskaya Gavan’s site has all the necessary infrastructure and suits the new facility perfectly: there is…Details
The board of directors of the gold-mining company Nordgold, controlled by Russian tycoon Alexei Mordashov, has approved paying $0.0318 per share, or a total of $10.8 million, in dividends for July-September, the company said in a statement on November 7. The record date for the dividends is November 10, and the payment will be done…Details
Ukrainian metal companies tentatively decreased coke production by 20% YoY in January-October, to 8.588 million tons, the Ukrmetallurgprom association (Dnipro) has reported. Pipe production grew by 25%, to 876,000 tons. In October alone, 93,600 tons of pipes and 901,000 tons of coke were made. According to the revised data, metal companies in January-October produced 15.179…Details
The Scythia Graeca bulker with 75,000 tons of anthracite from South Africa for thermal power plants (TPPs) of DTEK Energo arrived in the Chornomorsk seaport (Odessa region) on November 3, the company’s press service has reported. The unloading of the vessels has been started. Coal will be delivered to the warehouses of Kryvy Rih TPP,…Details
ArcelorMittal Kriviy Rih is finishing switching to grading salary. In April the work to develop and implement the multi-level wage system began. On May 1, salary increased by 35-70%. (Ukrainian metal)Details