Russia: Antimonopoly Service to check precious metals and iron ore markets

The Federal Antimonopoly Service intends to have analyzed the competitiveness on the markets of gold and platinum by August.

According to the service deputy director on industry control management Mariya Babikova, another analysis will be carried out on the silver and iron ore concentrate markets.

She did not name the timeframe though. (Ukrainian metal)

Kazakhstan: iron ore output up in 2017

In 2017 Kazakhstan mined 242.7 billion tenge worth of iron ore, up by 25.9% YoY. Kostanay region accounted for over 88% of the total volume (214.4 billion tenge, up by 23.4%), Karaganda region – 10.3% and Akmola region – 1.1%. ArcelorMittal Temirtau (Orken LLC) operates in the main “iron ore” regions – it is the…

Ukraine: iron ore exports down in 2017

In 2017 Ukraine exported 37.409 million tons of iron ore raw materials and concentrate valued at $2.588 billion, down by 4.6%, but up by 41.6% YoY respectively. According to the State Fiscal Service, iron ore share in the total export was 5.9%. The largest importer of Ukrainian iron ore raw materials last year was China…

Kazakhstan: Chinese companies to mine iron and nickel in Aktobe region

Shenzhen delegation visited the Kargalinsk district of Aktobe region. Chinese businessmen were presented the project of iron and nickel ore development at the Velikhovskoye iron ore deposits. Investors showed their interest in long-term cooperation with the district in deposits developing. Having signed the memorandum of cooperation the investors noted that a special group would analyze…