In 2020, Dneprovsky Iron and Steel Works decreased rolled metal output by 68.4% YoY, to 140 thousand tons. The reason of the decrease is a long delay in operation due to repairs and modernization. The company also produced 175 thousand tons of steel and 160 thousand tons of pig iron. In December 2020, DMZ produced…
Alchevsk Iron and Steel Works, situated in the part of Lugansk region occupied by pro-Russian terrorists, has ceased manufacturing coke due to the lack of raw materials. At the same time, even if raw materials arrive, the manufacture is unlikely to be relaunched, as there is also a shortage of locomotives and not enough personnel.…
“Thanks to construction of gold-processing plants, we are moving away from the practice of exporting ore and concentrates,” the acting Prime Minister of Kyrgyzstan Artem Novikov said at Dzhamgyr gold field. Vertex Gold Company is engaged in ore mining there. The company was the first to resume work after the October 2020 events. Thanks to…
In 2020, Dneprovsky Iron and Steel Combine increased rolled metal output by 13.3% YoY, to 2.54 million tons. Steel manufacture grew by 15.2%, to 2.56 million tons, pig iron – by 19.2%, to 2.36 million tons, and sinter – by 40.2%, to 4.06 million tons. In December 2020, DMK produced 218.7 thousand tons of pig…
In December 2020, scrap deliveries to metal companies grew by 33.1% YoY, to 288.6 thousand tons. At the same time, in 12 months they dropped by 3.9%, to 2.9 million tons. The largest scrap recipients were Metinvest enterprises and Dneprovsky Iron and Steel Combine – 175 thousand tons, up by 37.9%, Interpipe Steel – 52…
In December 2020, Zaporizhstal increased steel output by 4.6% YoY, to 345.6 thousand tons. According to the company press service, pig iron manufacture grew by 0.9%, to 397.5 thousand tons, and rolled metal – by 5.2%, to 287.6 thousand tons. In January-December 2020, Zaporizhstal produced 4470.6 thousand tons of pig iron (+2.5%), 3783.7 thousand tons…
In 2020, Metinvest carried out large-scale projects at its Central, Severniy and Ingulets Mining and Processing Works as well as at Metinvest-KRMZ. Quarries received 9 new 12-cubic meter excavators. InGOK also received 2 Epiroc drilling rigs, while CGOK – five 130-ton BelAZ dump trucks and three bulldozers (a PR 764 Litronic and two CaterpillarD9R). GOKs…
In 2019, Novotroitskoye Ore Group increased net profit by 17.6% YoY, to 234.094 million UAH. EBITDA grew by 14.9%, to 281.895 million UAH. Net income went up by 13.6%, to 1.048 billion UAH. Undistributed profit amounted to 1.033 billion UAH. (Ukrainian metal)
