In January-March, MMK decreased steel output by 1.3% YoY and by 0.2% QoQ, to 3.107 million tons. Pig iron manufacture decreased by 0.3% YoY and by 6.3% QoQ, to 2.396 million tons. Sales dropped to 2.782 million tons, by 5.2% QoQ and by 1.6% YoY. High added value products sales in Q1 remained almost on…
Kirov Non-Ferrous Metals Processing Works has started modernizing an ILK-1.6 smelter in its smelting shop. The furnace will get a new foundry machine for bulk ingots. At present the smelter can produce flat ingots with the width of 800-1000 mm as well as cylinder ingots with the diameter of 400-650 mm. But when the molten…
Highland Gold Mining has postponed the commissioning of the Kekura gold ore deposit in Chukotka from 2021 to 2023. Last year the reserves were estimated at 2 million ounces of gold with the average content of 7 g per ton. According to the development plan, in the first 8 years of operation the average gold…
Several days ago, contractual organizations started the reconstruction process of the parkway along Metalurgiv Avenue, from the intersection of Sobornosti Str. and Metalurgiv Avenue to the intersection of the avenue and Vadima Hurova Str. Yurii Vilkul, Kriviy Rih Mayor, representatives of the contractual organizations, and Yuliia Chermazovich, Head of the Charitable Foundation of ArcelorMittal Kriviy…