In 2020, Zaporizhstal actively worked on improving the quality of its metal products. Last year, the crisis in the metal industry, worsened by the pandemic, resulted in steel output drop of 1.4% YoY in Ukraine. Some companies decided to increase output and capacity loading. At the same time, Zaporizhstal, while decreasing manufacture by 5%, improved…Details
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On January 18, Ukrzaliznytsia held an online auction at Prozorro.Sales with 12 lots of scrap. The company was able to sell 6 lots. Customers bought 8.9 thousands tons of scrap valued at 75.3 million UAH. The initial price of 6 lots was 50.4 million UAH. Thus during the auction the price rose by 49.7%. The…Details
The combined gold production of companies in Magadan region rose by 6.01%, to 49.143 tons in 2020, the regional government said in a statement on January 20. Output of lode gold rose by 8.64%, to 30.363 tons, and of alluvial gold by 2.02%, to 18.78 tons. Silver output fell by 13.48%, to 572.485 tons. In…Details
According to forecasts, taking into account average loading in December 2020, this year Ukraine could produce around 21.6 million tons of steel, up by 5% YoY. The people’s deputy Sergey Magera says, the main issue for metal companies will be sales. “Now our main market is EU. Turkey is also interesting. But with EU imposing…Details
In 2020, Zaporizhstal shipped 867 thousand tons of metal products via the Zaporozhye river port and 6.5 thousand tons via the Zaporozhkoks river terminal. Combined, these accounted for 95% of all cargo processed at the Zaporozhye port. Zaporizhstal decreased shipping by 4% YoY mostly due to the drop of global demand. Zaporizhstal shipped its metal…Details
Gold production on Russia’s Chukotka peninsula decreased by 0.16% YoY, to 25.42 tons in 2020, a representative of the regional government’s department for natural resources and environment reported in January 19. Production of silver fell by 4.99%, to 106.105 tons. Production of Chukotka Mining and Geological Company, a unit of Kinross Gold, fell by 5.4%,…Details
In January, Interpipe Steel turns 9 years old. This is the first metal plant in Ukraine built from scratch during the years of Independence and the largest green investment in the industry ($1 billion). Construction allowed shutting down environment-damaging open-hearth manufacture and decreasing CO2 emission almost 10-fold. The company already corresponds to the standards and…Details
In 2020, Mariupol Ilyich Iron and Steel Works increased rolled metal output by 12.4% YoY, to 3.67 million tons. Steel manufacture grew by 13.7%, to 4.05 million tons, pig iron – by 4.4%, to 4.65 million tons, and sinter – by 12.8%, to 12.34 million tons. In December 2020, Mariupol Ilyich produced 320 thousand tons…Details
Under its program to modernize its manufacturing capacities, Zaporozhkoks has finished another stage of coke-oven batteries Nos. 5-6 reconstruction. Investments amounted to 139 million UAH. The repair was carried out without shutting down operation, which helped maintain stable output. Last year, the company produced 853.12 thousand tons of blast furnace coke, up by 3% YoY.…Details
In 2020, Centravis produced 19.05 thousand tons of pipes, down by 7% YoY. In November 2020, the company forecast output at the level of 17.5-17.6 thousand tons. EBITDA grew 2-fold, to EUR 14 million. This year the company expects a slight decrease in output to 17.5 thousand tons. EBITDA is projected to grow by 20%,…Details
In 2020, Ukraine increased export of coke and semi-coke 4-fold YoY, to 58.093 thousand tons valued at $8.702 million, up 3.2-fold. According to the State Customs Service, the main customer was Turkey (65.95%), followed by Georgia (11.52%) and Poland (9.75%). Last year Ukraine imported 382.148 thousand tons of coke and semi-coke valued at $82.421 million,…Details
In January-October 2020, Russia produced 288.98 tons of gold, down by 6% YoY. The decrease was due to the drop in the by-product and secondary gold output by 9.4%, to 14.3 tons, and by 44.%, to 26.76 tons, respectively. The share of extracted gold increased by 1.3%, to 247.92 tons. The Far East Federal District…Details
In 2020, Ukraine exported 473.1 thousand tons of pipes valued at $521.9 million, down by 22.8% and by 22% YoY respectively. According to the State Customs Service, in December 2020 exports dropped by 13.4%, to 41.1 thousand tons valued at $43.2 million, down by 19.3%. Seamless pipes accounted for 350.6 thousand tons ($448.7 million), other…Details