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In January-May Ukraine produced 25.22 million tons of iron ore concentrate, down by 1% YoY. In particular, sinter output increased by 22%, to 13.69 million tons, and pellets – by 12%, to 8.81 million tons. In May deliveries of iron ore raw materials to Ukrainian companies grew by 1% MoM, to 2.56 million tons. Iron…
DetailsIn May 368 thousand tons of scrap were procured in Ukraine, up by 14% MoM. Of this 333 thousand tons were imported, up by 35% MoM. Scrap exports dropped to the 46% of the April volume, to 35 thousand tons. In January-May scrap procurement grew by 10%, to 1.561 million tons, with 1.31 million tons…
DetailsMetalloinvest will pay 18.999 billion rubles of dividends for 2017. The corresponding decision has been taken at the general meeting of the shareholders taking into account the net debt/EBITDA ratio of 1.9x Last year Metalloinvest net profit increased by 21.9% YoY, to $1.406 billion, with revenue up by 46.2%, to $6.231 billion and EBITDA by…
DetailsIn July Ukraine intends to produce 1.8 million tons of steel and pig iron each, as well as 1.6 million tons of rolled metal. According to Ukrmetallurgprom, as of June 12, 20 of the 21 blast furnaces, 8 out of 9 open-hearth furnaces, 13 out of 16 converters, 7 out of 15 electric arc furnaces…
DetailsThe citizens of Donetsk, occupied by pro-Russia terrorist forces, report a massive fire at the Kuibyshevskaya mine. They also publish photos and videos of the fire in social networks. The mine has been officially closed since 2009, while its administration building burned down this April. (Ukrainian metal)
DetailsVIZ-Stal has commissioned new crane machinery in the cold-rolling shops. The project valued at over 30 million rubles will improve industrial safety and manufacturing efficiency. The lifting capacity of the new bridge crane is 22 ton, up by 2 tons from the previous model, which will increase transportation volumes by 10%. Energy saving equipment used…
DetailsYuzhniy Kuzbass is attracting a subcontractor to work at the Bereovsky-1 site of the Olzheransky Pit. The Region-42 LLC will be using 2 Komatsu excavators, a drilling rig, a Caterpillar bulldozer, a grader and 7 quarry dump trucks with the lifting capacity of 130 and 160 tons. June coal output is expected at 25 thousand…
DetailsIn January-May Magadan region obtained 8.363 tons of gold and 297.8 tons of silver, up by 794.2 kg and by 1.3 tons YoY respectively. The Tenkinsky city district was the leader in ore gold mining having provided 4.5 tons of gold. Alluvial gold output totaled 1106.3 kg, with Susuman city district providing the most –…
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