Dneprovsky Iron and Steel Works has finished all repair works and is preparing to resume operation after a 7-month pause. DCH program presupposes investments of $300 million during 5 years in DCH Steel (DMZ and Sukhaya Balka). After repair, the works is gradually launching the operation of its blast furnace, oxygen-converter and rolling shops. DMZ…Details
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After capital repairs, Azovstal is launching its blast furnace No. 4. Investments in the repairs amounted to 21 million UAH. The blast furnace was shut down because of the drop in metal demand. In order not to waste time, the company has carried out repairs at the furnace. (Ukrainian metal)Details
Aleksandrovskaya 1 LLC intends to extract 200 kg of gold in this year washing season. The company will continue developing the Jalon and Juvaskit deposits in Amur region. Aleksandrovskaya 1 has already started the washing season, which will traditionally last till November. Last year the company extracted 170 kg of gold. (Ukrainian metal)Details
In April, Ukraine decreased steel output by 30.9% YoY, to 1.339 million tons. Thus, the country has fallen to the 15th place in the World Steel Association rating from the 12th. China traditionally was the leader with 85.033 million tons of steel produced, down by 0.2%. In 4 months Ukraine produced 6.657 million tons of…Details
At present the situation at Energomashspetsstal is stable. “In February, average salary totaled 18795.6 UAH, up by 24% YoY. In 2019 we manufactured products worth 2,260 million UAH and sold 85.8% of them valued at 1.94 billion UAH”, the company CEO Vitaliy Gnezdinskiy reported. EMSS has an order portfolio for two years. This year it…Details
AzerGold company stated that its production operations were not disrupted by the COVID-19 crisis recently and that it had exported 6,769.37 ounces of gold and 15,758.29 ounces of silver worth a total of $12.2 million (AZN 20.7 million). CJSC AzerGold has used alternative transportation for export, taking into account the sharp rise in prices for…Details
Dneprovsky Iron and Steel Works is not operating and is carrying out reconstruction. In particular, the company has announced a purchase of services on the disassembly of out-of-work objects (metal structures, machinery, pipelines, etc). The work has to be carried out in 2020. (Ukrainian metal)Details
Under the project to modernize machinery at the pelletizing site, Central Mining and Processing Works has installed a Haver Scarabaeus bowl granulator. Investments totaled EUR 941 thousand. The capacity of the new granulator is 20-25% higher than of the old one. (Ukrainian metal)Details
ArcelorMittal Kriviy Rih intends to continue mining iron ore at the horizon 1135 m of the mine named after Artem for 18 years. 466.1 thousand cubic meters of rock will be excavated each year, including 428.6 thousand cubic meters of iron ore. Reserves of the mine amount to 82.179 million tons of ore with the…Details
In January-April, Zaporozhye Iron Ore Complex increased iron ore output by 0.1% YoY, to 1.507 million tons with iron content of 60.86%. In 4 months the enterprise sold 1.467 million tons of iron ore raw materials. In April, ZZhRK mined 372.6 thousand tons of ore with iron content of 60.86% and sold 396 thousand tons…Details
ArcelorMittal Kriviy Rih continues to carry out major modernization of Sinter Plant No. 2. This is one of the key investment projects of the company that will significantly reduce industrial emission load on the region and city. Currently, there are some works in progress to install new gas cleaning plant within reconstruction of one more…Details
In early May, Energomashspetsstal passed an inspection of the reactor body shell for the Tianwan nuclear power plant (China). The inspection has been passed successfully, which confirms the high quality of the shell. The shell was made of an ingot with the weight of 415 tons. Its height is 4.7 m, diameter – 3.9 m…Details
In January-March, Vysochaishiy received 917.7 million rubles of net loss as opposed to a net profit of 610.2 million rubles in Q1 2019. Revenue grew by 64.9%, to 4.7 billion rubles, and sales profit – 4-fold, to 1.4 billion rubles. The company debt totaled 3.5 billion rubles. In January-March, Vysochaishiy produced 1010.7 kg of gold,…Details