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In January-March, the United Mining and Chemical Company’s gross income decreased to 208 million UAH from 313 million UAH last year. In Q1 2021, the income totaled 924 million UAH. Net loss increased to 109 million UAH from 84 million UAH. Output in April-May was only 30% of the previous year level. The state mining…
DetailsIn April, Ukraine increased rolled metal manufacture by 12.2% MoM, to 487 thousand tons. Pig iron output grew by 16.7%, to 544 thousand tons, and steel – by 8.9%, to 574 thousand tons. Compared with April 2022, rolled metal production went up by 96.4%, steel – by 108% and pig iron – by 87.6%. In…
DetailsPokrovsk Mining and Processing Works supplies its manganese ore concentrate to the Nikopol Ferroalloy Works (NZF) only, as the Zaporozhye Ferro Alloys Plant has almost suspended operation. According to the company chairman Sergey Shuvayev, NZF needs products of the second sort only, that is why mostly the Northern quarry of PGOK operates. PGOK suspended operation…
DetailsRussia has shelled a DTEK Energo thermal power plant. Equipment was damaged as the result of shelling. There were no casualties, but more than 100 thousand consumers, in particular, coalmines, were left without electricity. While power supply to households has been resumed, two mines in Toretsk remain switched off grid. (Ukrainian metal)
DetailsIn May, DTEK Energo intends to launch three new long-walls in addition to 8 already commissioned since the start of the year. One of the long-walls has the reserves of more than 1 million tons of coal, which will come in handy when preparing for winter. In 2022, the group commissioned 28 long-walls. (Ukrainian metal)
DetailsFollowing a tender, Ukrzaliznytsia has ordered Interpipe NTZ the delivery of wheels valued at 215 million UAH. This year, the company has to supply 5,621 solid railroad wheels with the diameter of 957 mm and ultrasound check at 38,220 UAH apiece ($1,045). The wheels will be delivered on FCA terms with the payment within 5…
DetailsIn January-April, Zaporizhstal produced 530.9 thousand tons of rolled metal, down by 16.1% YoY. Pig iron output decreased by 13.6%, to 717.1 thousand tons, and steel – by 10.3%, 646.5 thousand tons. At the same time, in April, the production dynamics was positive – 231.8 thousands tons of pig iron, 252.9 thousand tons of steel…
DetailsDuring exploration work, a new gold mine was discovered in the mountains of Marjanbulak in Jizzakh region. It is estimated that the gold reserve of the new mine is more than 175 tons. Forecasts indicate that the volume of reserves at the mine could increase by 60-70 tons. (Uzreport/Ukrainian metal)
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