In March Yuzhniy Mining and Processing Works decreased concentrate output by 0.6% YoY, to 1042.9 thousand tons. Sinter output grew 2.1-fold, to 230.4 thousand tons. In January-March UGOK produced 3012 thousand tons of concentrate and 521.4 thousand tons of sinter, down by 1%, but up by 15.7% YoY, respectively. In 2017 UGOK increased concentrate output…
In 2017 Zaporizhstal decreased profits by 15.4% YoY, to $170 million (4.5 billion UAH). According to Metinvest, the company revenue increased by 34.4%, to $1.775 billion, while EBITDA dropped by 18.2%, to $135 million. Metinvest owns 49.9% of Zaporizhstal, 24% of Zaporozhye Iron Ore Complex, 42.8% of Zaporozhkoks and 49.2% of Zaporozhogneupor. At the same…
In February Yuzhniy Mining and Processing Works decreased concentrate output by 2.7% MoM, to 915.7 thousand tons. According to the company statement, sinter output grew by 18.2%, to 159.6 thousand tons. In January-February UGOK produced 1969.1 thousand tons of concentrate and 291 thousand tons of sinter, down by 1% and by 4% YoY respectively. In…
The Smart Maritime Group has won a tender to supply a thickening tank to Yuzhniy Mining and Processing Works. The project will start in March. Its cost will amount to 175 million UAH. The designer of the thickener is Engineering Dobersek GmbH (Germany). The total weight of the metal structure with 3 tanks of 10.9…
In January Yuzhniy Mining and Processing Works increased concentrate output by 0.6% YoY, to 1.053 million tons. According to the company statement, sinter manufacture dropped by 35.5%, to 131.4 thousand tons. The decrease is the result of the market situation change. In 2017 UGOK produced 12.27 million tons of concentrate and 1.858 million tons of…
In 2017 Yuzhniy Mining and Processing Works produced 12.27 million tons of concentrate, up by 8.8% YoY. According to the company statement, sinter output dropped by 10.8%, to 1.858 million tons. In December 2017 UGOK produced 908.2 thousand tons of concentrate and 133.5 thousand tons of sinter, all down by 12% and 25.3% YoY respectively.…
The supervisory board of Yuzhniy Mining and Processing Works has appointed Elena Sherstyuk, the ex-financial director of Evraz Sukhaya Balka, a member of the board. The decision was taken on December 15. Sherstyuk has replaced Anna Orlova, who in 2006-2011 was the financial department director at Zapadnosibirsky Iron and Steel Works, in 2011-2014 a member…
In November Yuzhniy Mining and Processing Works produced 1.079 million tons of concentrate, up by 8% YoY. According to the company statement, sinter output dropped by 3%, to 164.5 thousand tons. In January-November UGOK produced 11.361 million tons of concentrate, up by 10.8% YoY, and 1.725 million tons of sinter, down by 9.5%. In 2016…