On February 9, Sukha Balka commissioned new manufacturing capacities at the Yubileynaya mine. The new block will be in development for 4 months. The new block 28-30+10 is located at the depth of 1420 meters. The reserves are estimated at 125.6 thousand tons. Iron content totals 60.6%. (Ukrainian metal)
In 2022, Group DF decreased ilmenite concentrate manufacture by 27% YoY, to 103.6 thousand tons. Ilmenite ore mining dropped by 36.8%, to 1798 million cubic meters. Despite this fall, tax payments increased by 49.3%, to 195.4 million UAH. (Ukrainian metal)
From March, the state enterprise Navoiuran will export natural uranium to India. An agreement was signed by the state enterprise and the Department of Nuclear Energy of India in 2019. Previously, Navoiuran exported its products to Canada, USA, South Korea and Japan. (Ukrainian metal)
As all other industries, foundry suffered greatly from the Russian invasion. At least 50% of enterprises felt the impact of the war, sometimes even with partial destruction of manufacture. Large foundry enterprises are usually located in the southeastern regions that have suffered from the war the most. Output fall is estimated at 70%. According to…
Metinvest positively sees the decision of the Cabinet of Ministers of Ukraine to allow companies to import electricity during its shortage on domestic market. “Metinvest decided to use this opportunity to organize purchases of electricity for its own needs, which allowed increasing quotas for electricity supply,” the company said. The decision has already positively affected…
In 2022, Metinvest produced 10.712 million tons of iron ore concentrate, down by 66% YoY. Pellets manufacture dropped by 45%, to 3.185 million tons. In Q4 2022, concentrate output grew by 108 thousand tons QoQ, but pellets decreased by 41%, to 489 thousand tons. Coal concentrate output last year went down by 11%, to 4.959…
In January, Ukraine decreases exports of semi-finished carbon steel products by 92.1% YoY, to 38.341 thousand tons. According to the State Customs Service, in monetary terms exports have decreased by 93%, to $20.897 million. The main customers were Poland (54.2% in monetary terms), Denmark (24.91%) and Italy (11.31%). Ukraine did not import semi-finished products, while…
In 2022, Kametstal increased steel output by 68% YoY, to 1.56 million tons. In Q4 2022, the company produced 250 thousand tons of steel, down by 2% QoQ. Pig iron manufacture last year grew by 75%, to 1.48 million tons, and in Q4 2022 – by 22% QoQ, to 270 thousand tons. Last year, by-product…