Ukraine: UGOK output down in January-February 2020

In January-February, Yuzhniy Mining and Processing Works decreased iron ore concentrate manufacture by 8.1% YoY, to 1.917 million tons. The enterprise did not produce sinter. Concentrate output in February totaled 930 thousand tons. In 2019, UGOK produced 12.3 million tons of concentrate, up by 0.1% YoY, and 945.8 thousand tons of sinter, down by 45.8%.…

Ukraine: UGOK concentrate output up in 2019

In 2019 Yuzhniy Mining and Processing Works increased iron ore concentrate manufacture by 0.1% YoY, to 12.26 million tons. At the same time, sinter output dropped by 45.8%, to 945.8 thousand tons. In December 2019 the company produced 956.1 thousand tons of concentrate, down by 2.1% YoY. Sinter was not produced in Q4 2019 at…

Ukraine: UGOK investments up in 2019

In 2019 Yuzhniy Mining and Processing Works used 3 billion UAH of investments. The funds were spent to buy machines, equipment, as well as on capital construction, repairs and social projects. Compared with 2018 the volume of investments grew by almost 400 million UAH. In particular, UGOK purchased 2 Belaz dump trucks with the lifting…

Ukraine: UGOK output up in October 2019

In October Yuzhniy Mining and Processing Works increased concentrate output by 7% YoY, to 1009.4 thousand tons. At the same time sinter output dropped by 100%. In January-October UGK produced 9582.2 thousand tons of concentrate, up by 5.7% YoY, but sinter manufacture fell by 32.8%, to 945.8 thousand tons. (Ukrainian metal)

Ukraine: UGOK output down in September 2019

In September Yuzhniy Mining and Processing Works decreased sinter output by 59.3% YoY, to 68.4 thousand tons. In 9 months UGOK produced 945.8 thousand tons of sinter, down by 22.7%. Iron ore concentrate output in January-September grew by 2.5%, to 9336.4 thousand tons. But in September concentrate output remained unchanged at 970.6 thousand tons. (Ukrainian…