This year, the gold-extracting company Podgolechniy, a part of Seligdar, intends to produce 173 kg of gold. The company will process 500 thousand tons of ore from the Yasnaya Polyana deposit in the Republic of Sakha (Yakutia). Seligdar acquired the deposit in 2018. Its S1 reserves amount to 287.02 kg of gold and R1 to…Details
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Metinvest has started supplying metal for the active stage of construction of the first “steel building” in Ukraine in Mariupol. Azovstal intends to provide over 330 tons of steel structures, with around a hundred to be delivered until the end of May. The frame of the building will be made of metal structures, while the…Details
In January-April, Ukraine increased nickel imports by 22.4%, to $32.75 million ($9.428 million in April), aluminum – by 10%, to $129.966 million ($34.997 million), lead – 3.1-fold, to $4.603 million ($1.04 million), tin – by 43.5%, to $1.145 million ($402 thousand), and zinc – by 90.7%, to $28.139 million ($9.561 million). According to the State…Details
In January-March, Kyrgyzstan exported 2.448 tons of gold valued at $140.3 million as opposed to 4.183 tons at $212.9 million in Q1 2020. In 2020, the state already expected the decrease in gold output. According to the Ministry of Economy, this year Kumtor will decrease output by 4.3% mostly due to lower gold content in…Details
In January-April, Ukraine increased imports of copper and copper wares by 68% YoY, to $50.196 million. According to the State Customs Service, exports grew 3-fold, to $68.051 million. In April, copper imports amounted to $14.532 million and exports – $21.2 million. (Ukrainian metal)Details
In April, Interpipe shipped the first batch of new wheels to Deutsche Bahn. The ET 442 wheels have a diameter of 840 mm. “The ET 442 wheels are a complex product. Before making the batch, we certified the new structure according to TSI and European standards. Deutsche Bahn was satisfied with the results of the…Details
As of May 4, Irkutsk region produced 4439.6 kg of gold, down by 23% YoY. In particular, ore gold output decreased by 19%, to 4358.6 kg. Polyus Verninskoye produced 2801.3 kg, Vysochaishiy – 644 kg and its Ugakhan enterprise – 590.2 kg, while Druza – 323.1 kg. Alluvial season started in April, and the output…Details
The American Nucor has ordered Energomashspetsstal a batch of supporting rolls weighing 150 tons each. The corresponding contract was signed in April. The rolls have to be shipped until October 2022. This is the first cooperation of the parties. (Ukrainian metal)Details
In January-April, metal companies consumed around 650 million cubic meters of natural gas, up by 8.3% YoY. Electricity consumption grew by 3.9%, to 3.76 billion kW-h. In 4 months, Ukraine produced 7.14 million tons of steel (+7.2%), 7.07 million tons of pig iron (+9%) and 6.39 million tons of rolled metal (+7%). (Ukrainian metal)Details
In January-April, Dneprospetsstal increased rolled metal output by 19.1% YoY, to 56 thousand tons. Steel manufacture grew by 13.4%, to 76 thousand tons. In April, DSS produced 21 thousand tons of steel and 14 thousand tons of rolled metal. (Ukrainian metal)Details
In January-April, Ukraine exported 86.98 thousand tons of ferrous scrap (including 37.87 thousand tons in April), up 7.5-fold YoY, valued at $30.7 million, up 10-fold. According to the State Customs Service, imports grew by 36.1%, to 7.76 thousand tons valued at $13.01 million, up 2.1-fold. The main suppliers were Turkey (61.77% in monetary terms), Russia…Details
In January-April, Ferrexpo decreased shipments of iron ore raw materials to seaports via railroad by 26.3% YoY, to 0.5 million tons. At the same time, sales to the EU grew by 40.8%, to 1.2 million tons. In particular, the Zolotnishino station shipped 3.7 million tons of iron ore, down by 13.1%. The main volume was…Details
Zaporizhstal has expanded its range of hot-rolled metal products. Thus, according to the order of Sahathai Steel Pipe Public Company Limited, Thailand, the company has produced hot-rolled coils with improved properties thanks to micro-alloying with boron. The new products correspond to high requirements of international standards and will be used to produce steel pipes. The…Details