In January-February, Yuzhniy Mining and Processing Works increased iron ore concentrate output by 19.2% YoY, to 2.39 million tons. In February, the company produced 1.15 million tons of concentrate, up by 18.7% YoY, but down by 7.2% MoM. In 2021, UGOK increased iron ore concentrate manufacture by 5.5% YoY, to 13.5 million tons. (Ukrainian metal)
In January-February, Ukraine exported $2.04 billion worth of ferrous metals, up by 34.8% YoY. In February, exports grew by 32.5%, to $1.01 billion. The share of ferrous metal in the overall exports was 17.6% as opposed to 17.9%. Imports grew by 86.8%, to $230 million. (Ukrainian metal)
Due to the growing aggression of Russia, Zaporizhstal and Zaporozhkoks will be mothballed. At the same time, employees will not be fired. All the wages and social guarantees will be retained. (Ukrainian metal)
Centravis, one of the largest manufacturers of stainless steel pipes in Europe, has suspended operation till March 9. “At the same time, our sales offices in Houston (USA), Essen (Germany), Milan (Italy), Krakow (Poland) and Dubai (UAE) will remain open,” the company reported. In 2021, Centravis produced 19.45 thousand tons of pipes and intended to…
In two days Interpipe has produced 96 Czech hedgehogs. They have already been supplied to construct fortifications. Together with the Victor Pinchuk Foundation, the company is buying protection gear for the army and the territorial defense squads. “When asked, we provide fuel, metal, pipes, concrete blocks, plates, nails, construction materials, etc.,” Interpipe noted. (Ukrainian metal)
Ukrzaliznytsia was able to successfully carry out only one out of 11 scrap auctions, having received 5.948 million UAH from the sales. A customer purchased 926 tons of ferrous scrap. 10 auctions were not held. The enterprise failed to sell 2.1 thousand tons valued at 13.3 million UAH. (Ukrainian metal)
ArcelorMittal Kriviy Rih has decreased its operation to the technical minimum resulting in the drop of manufacture of raw materials for blast furnaces. This complicates the operation of the largest blast furnace in Europe with the volume of 5034 cubic meters. Without raw materials, the blast furnace No. 9 will not operate. On February 28,…
Metinvest enterprises in Krivoy Rog, Kamenskoye, Zaporozhye and Pokrovsk are operating in normal mode. In particular, the Central and Ingulets Mining and Processing Works continue extracting iron ore. Kametstal is operating with metallurgical and by-product coke departments. Zaporizhstal is also working. Azovstal and Mariupol Ilyich Iron and Steel Works are being mothballed. No raw materials…