In 2020, the volume of capital investments in metal industry decreased by 52.6% YoY, to 18.8 billion UAH. According to the State Statistics Service, overall investments in industry dropped by 43.6%, to 153.3 billion UAH. The share of metallurgy was 12.3%. In Q1 2020, capital investments decreased by 27.5%, in Q2 – by 51.4%, in…
Azovstal has again received an international certificate as an approved manufacturer of rolled sheets for shipbuilding according to LR. The document is valid till February 2024. “Without this certificate we would not be able to supply certain shipbuilding steel grades, thus the company would have lost its customers, orders and income”, Azovstal noted. (Ukrainian metal)
In 2020, Energomashspetsstal sold 3.32 billion UAH worth of products, up by 71% YoY. Output grew by 37.6%. Exports accounted for 94.4% of all sales. Last year, EMSS sold 21.43 thousand tons of products. This year it is planned to manufacture and sell products worth 3.04 billion UAH. (Ukrainian metal)
In 2020, the loan portfolio of the mining and metallurgical companies increased by 8.5% YoY, to 22.8 billion UAH. Metallurgy accounted for 17.8 billion UAH and mining – 5 billion UAH. Metal companies mostly take loans for 1-5 years (14 billion UAH) in foreign currency, while short-term loans (1 years) constitute a lion’s share in…
Until the end of November, Azovstal intends to finish the capital repair of two air heaters of the blast furnaces Nos. 3 and 4, begun in February. The cost of each repair is around $3.5 million. Such large-scale repairs are carried out once in 20-25 years. The company is also getting ready for the repair…
Most of the auctions of Ukrzaliznytsia to sell scrap scheduled for February 23 have not taken place. In particular, 11 lots with the combined amount of 550 million UAH have been canceled. Only one auction was not canceled – 3.8 thousand tons with the expected cost of 19.296 million UAH. (Ukrainian metal)
In January, Amur region produced 1090.3 kg of gold, down by 23% YoY. Five companies operate in the region. Petropavlovsk decreased output by 27% and Priisk Solovievskiy – by 34%, while Berezitoviy Mine increased by 19%. Alluvial season will begin in May. Last year, 65 enterprises operated at alluvial sites. This year, the region intends…
Ferrexpo has for the first time shipped its iron ore pellets on board a Newcastlemax ship. The cargo was shipped to China for Baowu. A Newcastlemax has a length of 300 meters and a width of 50 meters and can transport 185 thousand tons of pellets, up by 15% compared with a Capesize. In 2020,…