Ukrainian Metal
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The authorities of the Russia-controlled Lugansk People’s Republic, a terrorist organization created by Russia, intend to “reorganize” coal industry, by shutting down a number of mines. In late April, dozens of Nikanor-Novaya miners refused to return to the surface. The main reasons of the strike were the multi-million salary debts and the decision of the…
DetailsIn April, Kazakhstan produced 236.914 thousand tons of steel, down by 39.2% YoY. In 4 months, steel output dropped by 20.4%, to 1.206 million tons. According to the Ministry of the National Economy, flat rolled metal output in April increased by 0.7%, to 212,524 tons, and in January-April – by 22.8%, to 739,127 tons. Ferroalloy…
DetailsIn January-April, Khabarovsk region extracted 5.9 thousand kg of gold, up by 11.8% YoY. Large companies were able to minimize the negative effect of the pandemics by adjusting their operation. At present 25 companies are operating in the region: 6 of them are mining for ore gold, will 16 are operating at alluvial sites. In…
DetailsPoltava Mining and Processing Works will invest $34 million in the construction of a covered warehouse for iron ore concentrate. The company has already finished earth and foundation works and has almost completed the assembly of metal structures and equipment. The construction presupposes the use of 7.5 thousand tons of metal structures. The warehouse will…
DetailsEarly on May 13, because of the high wind a hanging stage broke off in the converter shop of Azovstal. One employee died as a result of the fall, while another damaged his legs. The perished employee was born in 1974 and lived in Mariupol. (Ukrainian metal)
DetailsIn January-March, Metinvest Zaporozhye plants – Zaporizhstal, Zaporozhogneupor, Zaporozhkoks and Zaporozhye Foundry-Mechanical Works – paid over 700 million UAH of taxes to the budgets of all levels. In particular, Zaporozhye city and regional budgets received some 202 million UAH, down by 0.9% YoY. Earlier, the Metinvest Group waved tax holidays, provided by the state due…
DetailsArcelorMittal Kriviy Rih has suspended operation of the blooming shop site No. 1. Under the strategy of sustainable development, the company is waving outdated techniques. The blooming-1 started operating in 1958. Some years later the site No. 2 was commissioned. In 2015, both sites were merged into one shop. So far the shop has produced…
DetailsIn January-April, Ukraine procured 958.3 thousand tons of scrap, down by 10.2% YoY. Deliveries to metal companies dropped by 8.7%, to 901.1 thousand tons. Exports decreased by 59.1%, to 11.6 thousand tons, and imports – by 74.6%, to 5.7 thousand tons. This year scrap export is expected to increase by 22.2%, to 50 thousand tons,…
DetailsIn January-April, Irkutsk region extracted 5274.6 kg of gold, including 5041.6 kg of ore gold and 233 kg of alluvial gold. Output grew by 14% YoY. Polyus Verninskoye produced 2665.9 kg of gold, while Vysochaishiy and its daughter company Ugakhan LLC – 1285.4 and 777.4 kg of gold respectively. Druza LLC extracted 312.9 kg of…
DetailsIn January-April, Amur region extracted 5411.3 kg of gold, up by 1.2% YoY. Ore gold accounted for 5321.3 kg, and alluvial output totaled 90 kg. Traditionally, Petropavlovsk enterprises have provided the largest volume of gold output: Malomyr (1520 kg, down by 22%), Pokrovsky Mine LLC (1202 kg, up by 27%) and Albynsky Mine LLC (1169…
DetailsIn 2020 Ukrainian metal companies, according to an updated forecast will decrease steel output by 4.1% YoY (20.848 million tons), to 20 million tons, and by 7% from the initial forecast (21.5 million tons). For this, metal companies will receive 2.7 million tons of ferrous metals scrap, down by 10.3% YoY (3.011 million tons). Scrap…
DetailsIn April, Ukraine exported $630.5 million worth of ferrous metals, down by 17.5% YoY. According to the customs statistics, in 4 months exports revenue decreased by 15.5% YoY, to $2.7 billion. The share of ferrous metals in foreign currency revenue dropped to 16.7% from 19.4% last year. (Ukrainian metal)
DetailsIn April, Ukraine exported 304.9 thousand tons of pig iron valued at $89.2 million, up by 33.4% and by 18% YoY respectively. According to the State Customs Service, in 4 months exports grew by 11.9%, to 960.2 thousand tons valued at $286 million, up by 1.7%. The main customers were the USA (58%, up by…
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