Ukraine: bad railroad operation to cause $1.8 billion of losses

Because of the Ukrzaliznytsia problems with cargo transportation, metal works suffer from raw materials deficiency and lose market opportunities and export revenues. “Weak spots in railroad infrastructure, shortage of locomotives and fuel, ineffective coordination of Ukrzaliznytsia resources cost our country some $1.8 billion of not received foreign currency revenues in metal sector. And that’s almost…

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Ukraine: metal makers to keep output levels

Ukrmetallurgprom forecasts steel output on the level of 2 million tons in September, with pig iron also at 2 million tons and rolled metal at 1.7 million tons. After the drop in June, affected by the railroad strike in Donetsk and Lugansk regions, July saw a certain stabilization of raw materials delivery to metal companies…

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Russia: copper output down in 2016

In 2016 Ural Mining-Metallurgical Company plans to produce 350 thousand tons of copper, down by 10% YoY. Copper content in ore is dwindling, even though ore mining remains the same – around 24-25 million tons. The company expects the situation to improve in 2020-2021, when new capacities are put into operation and ore mining increases.…

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Ukraine: NKMZ produces 3 crushers for AMKR

Novokramatorsk Machine-Building Works has produced 3 crushers for ArcelorMittal Kriviy Rih. “Crushers will be used to break mineral resources used in metal manufacture”, said the company in its statement. The capacity of the reversible hummer crusher is 250 tons per hour, and that of the four-roll crusher – 16 tons per hour. All crushers will…

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