In January-May Azovstal Iron and Steel Works produced 1.592 million tons of rolled metal, up by 22.6% YoY. According to a company representative, steel output increased by 22.7%, to 1.807 million tons, pig iron – by 25.3%, to 1.58 million tons. In May the company produced 330 thousand tons of rolled metal, 374 thousand tons…
Ukrzaliznytsia failed to provide the necessary throughput of the repaired Kamysh-Zarya – Volnovakha route for the stable operation of the Mariupol companies. On June 2-6 the daily throughput of the route was 16 cargo trains, far below the 24 trains promised by Ukrzaliznytsia. Thus Metinvest group had to look for alternative, and more expensive ways…
Talnakh Concentrator of Nornickel’s Polar Division has reached the project design parameters and capacity in line with the targets set by the modernization project. The plant’s total throughput capacity has increased by 30%, from 7.6 to 10.2 million tons of ore per year, metal losses in tailings have been reduced, while target nickel and copper…
SUEK has put a new long face No. 70-10 at the Taldinskaya-Zapadnaya 2 mine into operation. The expected output is 500 thousand tons of coal per month. The reserves of the face will be enough till the end of the year. SUEK invested over 2.3 billion rubles into the project. (Ukrainian metal)
In January-April Zaporozhye Ferro Alloys Plant increased output by 4.6% YoY, to 89.71 thousand tons. In particular the manufacture of silicomanganese went up by 19.7% YoY, to 43.7 thousand tons, but ferrosilicon output dropped by 5.6%, to 30.57 thousand tons, ferromanganese – by 15.6%, to 12.41 thousand tons. The company also produced 3.03 thousand tons…
In January-May Ukraine decreased steel output by 18% YoY, to 8.708 million tons. According to Ukrmetallurgprom, rolled metal output dropped by 20% YoY, to 7.458 million tons, that of pig iron – by 22%, to 7.921 million tons. Pipe output went up by 24%, to 409 thousand tons, while that of coke decreased by 25%,…
The state enterprise Vostochniy Mining and Processing Works has ordered the bookkeeping and auditing services. The company wants its financial reports for the last three years checked. The expected cost of the services is 4.56 million UAH. The audit will be carried at the request of the State Bank of Development of China. The tender…
According to the State Treasury Service, Azovstal Iron and Steel Works and ArcelorMittal Kriviy Rih received the most of VAT reimbursement among metal and mining companies in May. In particular, Azovstal received 632.8 million UAH, AMKR – 543.7 million UAH, and Zaporizhstal – 366.3 million UAH. In May Ukraine reimbursed a total of 9.86 billion…