As of May 6, Metinvest had funds of $582 million, up from $483 million on April 7. Because of the Russian invasion, the group assets suffered damages, with several assets mothballed, leading to the suspension of the manufacture. A part of the Avdiivka Coke and Chemical Works is mothballed, while another part is being repaired.…
Ingulets Mining and Processing Works is continuing building a slurry pumping station No. 4. The new station will solve the problem of pumping full volume of slurry from the ore-processing factories to the technical water supply shop and sludge department. The station will be commissioned in a year. (Ukrainian metal)
In January-April, Ukraine procured 620.1 thousand tons of scrap, down by 50.4% YoY. Exports totaled 7.1 thousand tons, down from 87 thousand tons last year, and imports – 0.1 thousand tons, down from 7.8 thousand tons. Scrap deliveries to metal companies decreased by 47.1%, to 583.5 thousand tons. Scrap stocks are estimated at less than…
Azovstal was created in 1933. It has the size of 11 square km and before the break of the war it employed 10.7 thousand people. The plant provided for $2.6 billion of exports, or 3.8% of all Ukrainian exports. Since 2013, over $1 billion has been invested in Azovstal. Last year, the company produced 4.34…
Zaporizhstal has mastered the manufacture of cold-rolled coils with the increased weight without welding seam. The company has already sold 3.6 thousand tons of new metal for the construction industry. The size of the coil is 1.5-2×1370-1500 mm. “We have received an order from a promising customer from Europe. They wanted coils with the width…
In January-March, Turkey decreased imports of Ukrainian billets by 49.5% YoY, to 84.8 thousand tons. In March, billet exports to Turkey stopped because of the Russian invasion and blockade of ports. Exports totaled 30.4 thousand tons. Ukraine accounts for 21% of Turkey’s billet imports. (Ukrainian metal)
In June, Dneprovsky Iron and Steel Works intends to re-launch one of its coke-oven batteries. The works has enough raw materials to increase by-product coke capacities. In April, the enterprise produced 12 thousand tons of coke and in May intends to produce 17 thousand tons. In the first half of March, due to the shortage…
Kametstal has begun the capital repair of the ball-rolling mill section furnace No. 1 in the rolling shop. The main task of the machine is to quickly heat billets for the further roll of milling balls with the diameter of 80 mm for Kriviy Rih mining and processing works of Metinvest. During the repair, some…