Hryvnia strengthening, salary increase, maintaining of a social package and the opportunities for additional income helped ArcelorMittal Kriviy Rih in 2019 to reduce the outflow of personnel, despite the increase in labor migration in Ukraine. Compared to 2016-2018 the situation with human resources has improved at the company. First of all, regarding the main engineering…
This year Zaporizhstal intends to focus on improving the quality of its products. Last year the company received some 100 thousand tons of low-quality products. “We lose $100-150 on each low-quality ton. This money is a reserve that we could spend to finance investment and social projects. This is, actually, our people’s salary. Thus, our…
Some 5.7 million tons of coal were extracted from the Russky Ugol pits in Khakasia. The Stepnoy pit and the Kirbinskiy pit employ some 1200 locals. Power-generating coal is extracted at the pits. Coal processing at Stepnoy grew by 21%, to 4.1 million tons. (Ukrainian metal)
In 2019 Metinvest spent around the same amount of money on investments as in 2018. Last year it was able to finish all the scheduled key projects – modernization of the blast furnace No. 3 at Azovstal and the mill-1700 at Mariupol Ilyich Iron and Steel Works. “We are also going forward with our environment…
The Osinnikovskaya mine, a part of Raspadskaya Coal Company, has received a Glinik cutter-loader. Until March another machine, as well as energy train are expected. The machine will operate in the 4-1-5-7 long face. Its development will begin in April. With the help of the cutter-loader miners will be able to extract some 170 thousand…
In November 2019 Russia imported 89.7 tons of raw tin, down by 41% MoM and by 14% YoY. Deliveries from Peru decreased 2-fold, to 25 tons, while from Bolivia grew 2-fold, to 40.5 tons. Belgium supplied 20 tons. In 11 months of 2019 imports totaled 1.1 thousand tons, up by 3% YoY. In monetary terms…
In 2019 Ukraine exported 40.22 million tons of iron ore raw materials, up by 9% YoY. Domestic companies received some 27 million tons, down by 1%. Iron ore concentrate output grew by 4.6%, to 63.084 million tons. At the same time sinter manufacture dropped by 2.4%, to 30.911 million tons, and pellets – by 2.8%,…
Russian steelmaker Novolipetsk Steel (NLMK) expects its capital expenditures to exceed $900 million in 2020 with the exact figure to be clear in March, NLMK President Grigory Fedorishin announced on January 23 on the sidelines of the World Economic Forum. He confirmed the earlier plan of $1 billion in 2019 and about $900 million per…