Azovstal has modernized machinery of the plate-rolling shop. Investments amounted to 98 million UAH. The repair lasted for 10 days. Soon the modernized sites of the shop will be put into operation. (Ukrainian metal)
In January-November, Ferrexpo decreased railroad transportation of its products by 4.8% YoY, to 10.23 million tons. In particular, 6.9 million tons of iron ore raw materials was transported from the Zolotnishino station in the direction of ports, down by 18.6%, and 3.3 million tons to Europe, up by 46.2%. The main volume to the Yuzhniy…
Kostanayskiye Mineraly, Kazakhstan intends to invest in Ukrainian subsoil with titanium ore reserves. The State Subsoil Service director Roman Opimakh has held a meeting with the company delegation headed by the chairman Yerbol Nurkhozhayev. The company intends either to participate in electronic auctions or buy a major company. (Ukrainian metal)
In January-November, Sukhaya Balka increased iron ore production by 3.7% YoY, to 2.46 million tons. In November, the enterprise produced 218.34 thousand tons of ore. Last year, output dropped by 6.3 YoY, to 2.554 million tons. (Ukrainian metal)
Gold producers of the Magadan region have produced 48.4 tons of gold since January 1, and total 2021 output should reach 51 tons, similar to the region’s second largest gold output in the history that was reached in 1945, Magadan region’s governor Sergei Nosov said on December 9 at a government meeting. “In 1942, Dalstroy…
President Vladimir Zelenskiy has signed a law to increase scrap export duty from EUR 58 to EUR 180 per ton. The Verkhovnaya Rada decided to increase the duty on December 2. 242 members of the parliament voted in favor. In January-November, scrap export grew 16.5-fold, to 547.5 thousand tons. (Ukrainian metal)
In January-October, ArcelorMittal Kriviy Rih increased pig iron output by 9.6% YoY, to 4.9 million tons. Rolled metal manufacture grew by 3.4%, to 4.2 million tons, and steel – by 6.2%, to 4.5 million tons. In November, AMKR produced 320 thousand tons of rolled metal, 330 thousand tons of pig iron and 340 thousand tons…
Ukrzaliznytsia intends to buy 3.4 thousand tons of rails valued at 116.2 million UAH from Metinvest-SMC LLC. The purchase will be carried out via a negotiations procedure, as the previous two auctions have been cancelled due to the lack of participants. Metinvest-SMC will supply R-65 rails with the length of 25 meters. (Ukrainian metal)