In January-July, Ukraine produced 11.87 million tons of steel, down by 6.7% YoY. Pig iron manufacture decreased by 1.1%, to 11.76 million tons, and rolled metal – by 3.2%, to 10.63 million tons. In 2019, Ukraine produced 20.82 million tons of steel, 20.05 million tons of pig iron and 18.16 million tons of rolled metal.…
Due to the drop of output, Nikopol Ferroalloy Plant will provide a part of its employees with unpaid time-off. Average monthly output decreased to 35 thousand tons. Thus, due to low loading of capacities, NZF is forced to send some of its employees home, who are not engaged in manufacture and sales. In H1, NZF…
Italy’s Genoa has finished constructing a bridge in place of the previous one, which collapsed on August 14, 2018. The reason of the accident was the destruction of a ferroconcrete rope. Under the project to restore the bridge, Metinvest has become the main steel supplier. Semi-finished products were manufactured at Azovstal, while high-quality rolled metal…
Until September, Corum Group intends to finish delivering 40 trolleys to transport iron ore to Krivoy Rog Iron Ore Industrial Complex. So far the first batch of trolleys (20 units) has been produced by Corum Druzhkovka Works. The second batch is expected to be shipped until the end of August. The cost of the order…
In January-June, Polymetal produced 9.7 tons of gold in Khabarovsk region as opposed to 8.3 tons in H1 2019. In particular, Amur Hydrometallurgical Works (AGMK) increased output by 27%, to 8.1 tons. The works processed 115 thousand tons of concentrate, up by 4%. Raw materials from the Albazinskoye deposit accounted for 79 thousand tons yielding…
During 6 years of existence of the so-called Lugansk People’s Republic, a terrorist organization created and supported by Russia, around 35 thousand jobs in the coal sector were liquidated. Some 22 coal mines have been shut down in the region. Many settlements have lost their major enterprises. (Ukrainian metal)
In June, Ukrainian metal and mining companies decreased salaries by 1.4-9% MoM. At the same time, pipe enterprises increased wages by 1.3%, to 13.2 thousand UAH. At mining companies average wages decreased by 1.4%, to 17.4 thousand UAH, in ferrous metallurgy – by 2.2%, to 17.2 thousand UAH, in non-ferrous metallurgy – by 3.5%, to…
In January-June, KAZ Minerals produced 153.8 thousand tons of copper, up by 4% YoY. Gold output grew by 25%, to 109.7 thousand ounces, silver – by 18%, to 1.5 million ounces, and zinc in concentrate – by 29%, to 18.4 thousand tons. Aktogay GOK produced 67.6 thousand tons of copper (-9%), Bozshakol GOK – 60.4…