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In 2018 DTEK Energo invested 8.4 billion UAH in the development of the Ukrainian coal mining industry and switching its heat and power plants to consuming local coal. In particular, investments in coal mining totaled 4.8 billion UAH. This allowed commissioning 36 new long faces, mining 24.132 million tons of coal, up by 5.3% YoY.…
DetailsIn January Ukraine produced 1.817 million tons of steel, down by 3.6% MoM. Pig iron manufacture dropped by 4.4%, to 1.752 million tons. At the same time rolled metal output grew by 3%, to 1.566 million tons. As compared to January 2018, pig iron manufacture decreased by 11.5%, steel – by 6.5% and rolled metal…
DetailsIn December 2018 Russia produced 4.175 million tons of pig iron, down by 9.3% YoY (4.04 million tons in November 2018). In the whole 2018 year pig iron output dropped by 1.6% YoY, to 51.2 million tons. Ukraine, no longer a part of CIS, decreased pig iron output in December 2018 by 3%, to 1.832…
DetailsFerrexpo plc, controlling PGOK and EGOK, expects to reach $500 million of EBITDA in 2018. The group plans to announce its 2018 financial results on March 20. In 2017 Ferrexpo net profit grew 2.1-fold YoY, to $394.47 million, with revenue up by 21.4%, to $1.197 million. EBITDA increased by 46.9%, to $551 million. (Ukrainian metal)
DetailsIzhorsky Pipe Works has concluded an agreement with Gazprom Komplektatsia to supply 107.218 thousand tons of large diameter pipes valued at 8.186 billion rubles ($125 million). The pipes have to be delivered in October. The auction was held in late December 2018. ITZ had no competitors. (Ukrainian metal)
DetailsThe prices of precious metals varied in Azerbaijan on February 4. The price of gold decreased by 9.8685 manats, to 2,231.437 manats per ounce on February 4 compared to the price on February 1. The price of silver dropped by 0.2431 manats, to 26.8905 manats per ounce. At the same time the price of platinum…
DetailsThe price of one ounce of gold increased by 26.0015 manats or by 1.16% last week in Azerbaijan, to 2,230.1841 manats. The price of one ounce of silver grew by 0.2812 manats or by 1.04%, to 27.029 manats. The price of one ounce of platinum went up by 0.7395 manats or by 0.05%, to 1,390.226…
DetailsIn 2018 Ukraine decreased the output of semi-wrought gold by 61.5% YoY, to 5 kg. Unwrought silver (or powder) output also decreased – by 32.4%, to 1527 kg. Semi-wrought silver manufacture fell by 50.2%, to 495 kg. (Ukrainian metal)
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