The Eastern macroregion (Kharkiv, Donetsk, Lugansk, Dniepropetrovsk, Kirovograd and Zaporozhye regions) is the largest metal-consuming region in Ukraine with the share of over 50%. In 2019, its share grew to 53.9% from 50.4%. The Eastern macroregion has a large number of industrial consumers, who use metal products in the manufacture of their own products. The…
In January-April, Ingulets Mining and Processing Works increased iron ore concentrate manufacture by 4.1% YoY, to 3.585 million tons. In April, the enterprise produced 984 thousand tons of concentrate, down by 13.5% MoM. In 2019, InGOK increased concentrate production by 1.2% YoY, to 11.05 million tons. (Ukrainian metal)
ArcelorMittal Kriviy Rih is completing the next stage of equipment upgrading of production area No. 2 of MD crushing plant. Two new crushing mills were installed there that would allow balancing the production of both streams of crushed ore coming through conveyors to OBP No. 2. The company’s investments in this large-scale project amounted to…
In January-March, Metinvest decreased revenue by 11% YoY, to $2.536 billion. The decrease was mostly due to the drop in sale prices following global decrease, as well as the influence of the COVID-19 pandemic on the business activity and demand for steel. Revenue in Ukraine decreased by 6%, to $726 million. At the same time,…
The President of Uzbekistan Shavkat Mirziyoyev has signed a decree to increase manufacture of non-ferrous and precious metals at Almalyk Mining and Processing Works. The project to develop the Yoshlik I deposit will be carried out in 2 stages. The first stage, in 2020-2024, sees the development of the deposit and the construction of a…
In January-April, Sukhaya Balka decreased iron ore output by 3.7% YoY, to 875 thousand tons. In April, the enterprise produced 208 thousand tons of ore. In 2019, output grew by 0.3% YoY, to 2.727 million tons. (Ukrainian metal)
In January-March, Vysochaishiy increased gold output by 33.2% YoY, to 2175.7 kg. The increase is due to the growth of output by 10% and the increased gold content in ore. The main increase was provided by Irkutsk region deposit: Goletz Vysochaishiy and Verkhne-Ugakhanskiy site yielded 1640.3 kg of gold. The Drazhnoye deposit in the Republic…
In January-April, Yuzhniy Mining and Processing Works decreased iron ore concentrate manufacture by 5.5% YoY, to 3.997 million tons. Sinter was not produced in the period. In April, UGOK produced 1.074 million tons of concentrate, up by 6.7% MoM. (Ukrainian metal)