According to the World Gold Council, the world’s central banks increased their gold reserves by 50 tons in November 2022. The largest buyer of the month was the People’s Bank of China, which bought 32 tons of gold, followed by the Central Bank of Turkey with 19 tons. Kazakhstan and Uzbekistan became the main sellers…
Metinvest has reelected the sane members of supervisory boards of some of its enterprises. Thus, on January 4, Zaporozhkoks extraordinary shareholders meeting reelected Metinvest CEO Yuri Ryzhenkov, CFO Yulia Dankova and legal director Svetlana Romanova as supervisory board members for 3 more years. The same will remain members of Zaporozhogneupor, Avdiivka Coke and Chemical Works…
In 2022, Zaporizhstal decreased rolled metal manufacture by 60.4% YoY, to 1.3 million tons. Steel output dropped by 61.7%, to 1.49 million tons, and pig iron – by 54.3%, to 2.009 million tons. In December 2022, the company produced 142.1 thousand tons of pig iron, 70.8 thousand tons of steel and 56.7 thousand tons of…
In January-November 2022, ArcelorMittal Kriviy Rih decreased metallurgical coke output by 66.7% YoY, to 880 thousand tons. In November 2022, the company produced 44 thousand tons of metallurgical coke. Bulk 6% moisture coke manufacture in 11 months of 2022 exceeded 1 million tons, including 51 thousand tons in November 2022. AMKR received 1.3 million tons…
Kametstal is repairing a compressor in the compressor-oxygen shop. The main task of the repair is to improve stability, safety and efficiency of the machine, which provides compressed nitrogen for steel and blast furnace manufacture. There are three compressors in the shop, and the machine No. 6 is now being repaired. The capacity of the…
In mid-December 2022, Ukrzaliznytsia concluded an agreement with French Saarstahl Rail to buy rails valued at EUR 37.6 million or 1.45 billion UAH. The company will buy 19 thousand tons of R-65 rails with the length of 25 meters. The price is EUR 1980 per ton or 76,392 UAH per ton on DAP Mostiska station…
Metinvest will provide over 10 mobile shelters for Ukrainian defenders. 3 protective constructions were sent to the brigade fighting off constant enemy attacks near Avdiivka. “These mobile dugouts can be used as shelters, providing protection against shelling,” Metinvest COO Alexander Mironenko has said. The shelters are made by various group enterprises. Each structure is 6…
In 2022, Zaporozhkoks decreased blast furnace coke output by 11.9% YoY, to 737.4 thousand tons. The decrease in manufacture is due to the shortage of raw materials caused by the Russian invasion. In December 2022, manufacture totaled 70.8 thousand tons, up from 68.1 thousand tons in November 2022 and 66.6 thousand tons in December 2021.…
