In 2019 Stoilensky Mining and Processing Works increased concentrate output by 3.3% YoY, to 18 million tons. Pellets accounted for 7.5 million tons, and sinter ore – 1 million tons. This year the GOK intends to increase ore processing from 37 to 42 million tons per year, and iron content in the concentrate from 66.5%…Details
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In November 2019 Russia imported 1 thousand tons of non-refined copper from Kazakhstan, up by 60% MoM and more than 9-fold YoY. In 11 months of 2019 imports totaled 4.2 thousand tons, up by 118% YoY. In monetary terms imports have increased by 152%. Price in November 2019 dropped from $14.2 to $14 per kg.…Details
In November 2019 Russia exported 46.4 thousand tons of lead ore and concentrate, up by 85% MoM and by 70% YoY. Deliveries to China grew almost 2-fold, to 45.9 thousand tons, and to Kazakhstan – from 135 tons to 555 tons. In 11 months of 2019 exports totaled 374 thousand tons, up by 16% YoY.…Details
Severstal has invested in the Dutch company Airborne, a global leader in developing digital automation platforms for the production of composite parts, and products with integrated composites. Severstal joins other investors in this investment round, including Pangaea Ventures, the leading advanced materials venture capital fund, and SABIC, the world’s third largest diversified chemical company. Airborne…Details
Hryvnia strengthening, salary increase, maintaining of a social package and the opportunities for additional income helped ArcelorMittal Kriviy Rih in 2019 to reduce the outflow of personnel, despite the increase in labor migration in Ukraine. Compared to 2016-2018 the situation with human resources has improved at the company. First of all, regarding the main engineering…Details
This year Zaporizhstal intends to focus on improving the quality of its products. Last year the company received some 100 thousand tons of low-quality products. “We lose $100-150 on each low-quality ton. This money is a reserve that we could spend to finance investment and social projects. This is, actually, our people’s salary. Thus, our…Details
Some 5.7 million tons of coal were extracted from the Russky Ugol pits in Khakasia. The Stepnoy pit and the Kirbinskiy pit employ some 1200 locals. Power-generating coal is extracted at the pits. Coal processing at Stepnoy grew by 21%, to 4.1 million tons. (Ukrainian metal)Details
In 2019 Metinvest spent around the same amount of money on investments as in 2018. Last year it was able to finish all the scheduled key projects – modernization of the blast furnace No. 3 at Azovstal and the mill-1700 at Mariupol Ilyich Iron and Steel Works. “We are also going forward with our environment…Details
The Osinnikovskaya mine, a part of Raspadskaya Coal Company, has received a Glinik cutter-loader. Until March another machine, as well as energy train are expected. The machine will operate in the 4-1-5-7 long face. Its development will begin in April. With the help of the cutter-loader miners will be able to extract some 170 thousand…Details
In November 2019 Russia imported 89.7 tons of raw tin, down by 41% MoM and by 14% YoY. Deliveries from Peru decreased 2-fold, to 25 tons, while from Bolivia grew 2-fold, to 40.5 tons. Belgium supplied 20 tons. In 11 months of 2019 imports totaled 1.1 thousand tons, up by 3% YoY. In monetary terms…Details
In 2019 Ukraine exported 40.22 million tons of iron ore raw materials, up by 9% YoY. Domestic companies received some 27 million tons, down by 1%. Iron ore concentrate output grew by 4.6%, to 63.084 million tons. At the same time sinter manufacture dropped by 2.4%, to 30.911 million tons, and pellets – by 2.8%,…Details
Russian steelmaker Novolipetsk Steel (NLMK) expects its capital expenditures to exceed $900 million in 2020 with the exact figure to be clear in March, NLMK President Grigory Fedorishin announced on January 23 on the sidelines of the World Economic Forum. He confirmed the earlier plan of $1 billion in 2019 and about $900 million per…Details
In 2019 Ukraine exported $14 billion worth of metal and mining products. It is expected, that last year Ukraine exported some 14.7 million tons of rolled metal valued at $7.2 billion. In 2018, 14.4 million tons were exported at $7.8 billion. The share of exports in the total output was 82% in 2019 and 78.5%…Details