Ferrexpo has decided to pay final dividends for 2021 in the amount of $0.066 per share, down from $0.132 last year. The decision was taken at the shareholders meeting on June 15. The final dividends will be paid to shareholders on July 4. Thus, the total amount of dividends paid for 2021 will be $0.528…Details
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The Central Mining and Processing Works has carried out a capital repair of the pelletizing machine OK-324. In particular, 70 tons of refractory lining has been replaced. The repair is carried out twice a year to provide for a flawless operation of the enterprise. (Ukrainian metal)Details
The Pokrovskoye Mining Group is building a new block No. 11. In particular, the ore transportation complex is being prepared that will unload trolleys with ore from the mine. The operator’s unit and foundation for machinery will be prepared in June. The assembly of 100 tons of metal structures will take around 6 months. (Ukrainian…Details
Mariupol Ilyich Iron and Steel Works has asked the Cabinet of Ministers and the President’s Office to impose personal sanctions on Russian residents who are illegally seizing and reselling Ukrainian metal. At the start of the Russian invasion, around 145 thousand tons of Mariupol Ilyich metal remained in the city, including 124 thousand tons in…Details
Russian occupiers tried to relaunch manufacture at the Zaporohye Iron Ore Complex. According to the collaborator, the head of the fake military-civilian administration of Zaporozhye region Vladimir Rogov, a group of “potential investors” has arrived at the enterprise. ZZhRK is a town-building enterprise in Dneprorudnoye, employing around 5 thousand people. The enterprise develops several deposits,…Details
The National Guard of Ukraine has received new bulletproof vests and helmets supplied by Zaporizhstal. The NG, in particular, received 100 vests and 100 helmets. In late May, the company provided over 1 thousand pieces of protection means to the National Guard of Ukraine. (Ukrainian metal)Details
Metinvest has created a work group to design new Azovstal, which will be restored in Mariupol. According to Azovstal CEO Enver Tskitishvili, the group wants, after the occupied territories are liberated, to restore the plant. “That will be another plant,” he said. The new Azovstal might not be in the same place as the destroyed…Details
Andrey Myagkov has been appointed the ArcelorMittal Kriviy Rih logistics director. Diana Medvev, the previous director, left AMKR several months ago. Myagkov will be responsible for developing new logistics routes and delivery chains, as well as negotiations with clients, suppliers and transport companies. “Andrey Myagkov’s responsibility will also be active cooperation with the government and…Details
Metinvest has launched a number of important repairs at its mining and metallurgical assets in Zaporozhye and Dniepropetrovsk regions. In particular, Zaporizhstal is repairing an air heater of the blast furnace No. 4. The work will be completed until autumn. Investments amount to 80 million UAH. Kametstal is repairing its blast furnace No. 12. (Ukrainian…Details
Central Mining and Processing Works has launched manufacture of premium iron ore concentrate in industrial volumes. The company specialists have been able to improve the operation of the processing factory machinery thus increasing output volumes of concentrate with iron content of 70%. Previously it was only used to produce pellets needed in the DRI technique.…Details
4 days before the full-scale Russian invasion of Ukraine, VSMPO-Avisma sold its Ukrainian asset – Demurinskiy Mining and Processing Works LLC, developing the titanium-zirconium sands deposit in Dniepropetrovsk region. The transfer of the Russian share in Limpieza Limited (Cyprus, owner of the asset) took place on February 20. The new beneficiary is another Cyprus company…Details
ArcelorMittal Kriviy Rih resumes continuous production suspended in March due to the Russian invasion. The company has launched one blast furnace, a converter, one of three continuous casting machines and a rolling mill. At present all the 7 industrial enterprises operate in Kriviy Rih and 21 out of 22 large enterprises in Dniepropetrovsk region. (Ukrainian…Details
As a result of missile hits, on June 5 Novokramatorskiy Machine-Building Works was destroyed. The amount of damages is not disclosed, but it is reported, that bodies of 7 people killed by shelling have been found on the territory. Earlier, the mayor of Kramatorsk Alexander Goncharenjo reported considerable damages to the shelled enterprises. “A night…Details