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Ukraine: AMKR supports temporarily scrap export ban

ArcelorMittal Kriviy Rih supports the imposition of a ferrous scrap export ban until the end of 2023. According to the company CEO Mauro Longobardo, the main buyers of Ukrainian scrap are Turkish metal plants. Using cheaper raw materials from Ukraine they later create competition for Ukrainian companies on their own market. “Scrap goes to Turkey,…

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Ukraine: scrap export up in H1 2021

In January-June, Ukraine increased export of ferrous scrap 13.7-fold YoY, to 230.97 thousand tons, including 84.63 thousand tons in June. According to the State Customs Service, in monetary terms exports have grown 19.2-fold, to $82.86 million. Imports went up by 36.6%, to 12.55 thousand tons valued at $22.331 million, up 2.1-fold. The main suppliers were…

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Ukraine: AMKR to spend $270 million to reconstruct blast furnace

ArcelorMittal Kriviy Rih begins a complex reconstruction of its blast furnace No. 9 valued at $270 million. Following the reconstruction the blast furnace will reduce dust emission. Now the furnace produces 9200 tons of pig iron per day. After reconstruction it will use not only sinter but also pellets as raw materials. Pig iron output…

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Russia: Kundumi development approved

The State Expertise Office of Russia has approved design documentation of the first stage of the Kundumi deposit development in Khabarovsk region. The deposit will be developed by Okhta Mining and Geological Company. During the first stage, around 200 thousand tons of ore will be extracted each year. In Q1, the company extracted 103.8 thousand…

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