ArcelorMittal Kriviy Rih supports the imposition of a ferrous scrap export ban until the end of 2023. According to the company CEO Mauro Longobardo, the main buyers of Ukrainian scrap are Turkish metal plants. Using cheaper raw materials from Ukraine they later create competition for Ukrainian companies on their own market. “Scrap goes to Turkey,…
In January-June, Ukraine increased export of ferrous scrap 13.7-fold YoY, to 230.97 thousand tons, including 84.63 thousand tons in June. According to the State Customs Service, in monetary terms exports have grown 19.2-fold, to $82.86 million. Imports went up by 36.6%, to 12.55 thousand tons valued at $22.331 million, up 2.1-fold. The main suppliers were…
In January-June, Ukraine decreased imports of nickel ore and concentrate by 32.6% YoY, to 617.496 thousand tons. According to the State Customs Service, in monetary terms imports decreased by 37.2%, to $28.933 million. Guatemala supplied all the ore. (Ukrainian metal)
ArcelorMittal Kriviy Rih begins a complex reconstruction of its blast furnace No. 9 valued at $270 million. Following the reconstruction the blast furnace will reduce dust emission. Now the furnace produces 9200 tons of pig iron per day. After reconstruction it will use not only sinter but also pellets as raw materials. Pig iron output…
Interpipe Steel has asked the Prime Minister Denys Shmyhal to prohibit the export of scrap until December 31, 2023. “Scrap is the main raw material for our operation. We depend on its availability”, the company said on its page in Facebook. According to it, the scrap procurement in Ukraine is rather complex. In 2020, procurement…
On July 12, the Prime Minister of Ukraine Denys Shmyhal and Vice-President of the European Commission Maros Sefcovic paid a visit to the town of Irshansk, Zhytomyr region, where they got acquainted with the production of the Irshansky Mining and Processing Works of the United Mining and Chemical Company (UMCC). The Irshansky Mining and Processing…
In January-June, Angrena Pipe Works, situated in the Angrena free economical zone, produced 3015.6 tons of copper pipes, up by 4% from the target. The company exported 2568.5 tons of pipes, up by 61% from the target. (Ukrainian metal)
The State Expertise Office of Russia has approved design documentation of the first stage of the Kundumi deposit development in Khabarovsk region. The deposit will be developed by Okhta Mining and Geological Company. During the first stage, around 200 thousand tons of ore will be extracted each year. In Q1, the company extracted 103.8 thousand…