Metinvest Group states that as of July 20 Ukraine owes its Severniy Mining and Processing Works and Central Mining and Processing Works (both in Kriviy Rih) 529.86 million UAH for VAT-reimbursement.
In January-June Severniy Mining and Processing Works (SevGOK) received 486.9 million UAH of losses.
In January-February the major exporter of iron ore pellets in the CIS countries was Poltava Mining And Processing Works (PGOK, controlled by Ferrexpo). The company exported 1.81 million tons of pellets to Europe, Near East, Japan and China.
In 2014 Severniy Mining and Processing Works (SevGOK) received 1.54 billion UAH of net profit, down by 65.2% YoY.
In January Severniy Mining and Processing Works (SevGOK, Kriviy Rih) produced 702 thousand tons of pellets, down by 32.6% YoY.
It is reported that the iron ore subsidiaries of the Ukrainian mining and steel producing company Metinvest Holding have issued their production results for the first five months of 2010.Central GOKIn January to May this year, Central GOK increased its concentrate output by 43.8% YoY to about 2.492 million tons and saw an insignificant drop…
Metinvest SevGOK has commissioned a hydraulic excavator. This is the first hydraulic excavator at Severniy GOK for its history. The excavator has been procured within the framework of the strategic program aimed at improving performance efficiency of Metinvest mining enterprises. Price of the excavator is USD 5.75 million. According to the enterprise specialists, HITACHI 3600hydraulic…