In April Ukrainian metal companies received 2.77 million tons of iron ore raw materials, up by 8% MoM. In January-April metal companies received 10.63 million tons of iron ore raw materials, up by 27% YoY, including 10.6 million tons of Ukrainian materials (up by 28%) and 25 thousand tons of imported (up by 32%). Exports…Details
In January-April Severniy Mining and Processing Works produced 2.917 million tons of pellets, up by 40% YoY.
According to the company statement, concentrate output grew by 5.2%, to 3.835 million tons.
In April the works produced 820 thousand tons of pellets and 1.002 million tons of concentrate. (Ukrainian metal)
In January-March Nord Gold SE produced 225.1 thousand ounces of gold, down by 6% YoY and by 10% QoQ. Revenue grew by 2% YoY, to $300 million, mostly because of the increase of the gold sale price. At the same time revenue dropped by 6% QoQ. EBITDA was $126 million, down by 4% YoY and…Details
Electrozinc is preparing to commission a new absorber, the final part of the sulfur acid shop reconstruction. The machine will be connected to the technological line during the scheduled repair in September. The new machine will let the company reach sulfuric anhydride absorption and gas purification level of 99.99%. The height of the absorber is…Details
Tulachermet-Stal is carrying out cold tests and preparing for the hot tests of its rolling machinery. The company will be the first new integrated bar-rolling manufacture in modern Russia on the basis of a highly efficient converter technology. Tulachermet-Stal will create some 1700 jobs. The commissioning of the enterprise is scheduled for H2. The capacity…Details
DCH, which bought Dneprovsky Iron and Steel Works from Evraz in March, intends to construct a new shop of continuous casting with a high-speed 5-slit rolling machine, two external treatment machines, a ladle-furnace and other machinery. The capacity of the continuous casting machine will be 155 tons per hour. The new shop will provide for…Details
Ukraine has imposed sanctions against Moldova Iron and Steel Works for 3 years. According to the president order No. 126, the special economic and other limiting measures have been taken against a number of individuals and companies, The sanctions are introduced for 3 years to block assets, limit trade operations, prevent capital outflow as well…Details
ArcelorMittal Kriviy Rih has additionally increased its salary fund by 1.1 billion UAH, and intends to return to the issue of raising salary in autumn. According to the workers’ union, a meeting was held on May 23 with the company CEO Paramjit Kahlon. “He said that the industrial situation at the enterprise was difficult. The…Details
Since the start of the year Amur region has mined over 1.2 million tons of power-generating coal, up by 5% YoY. The coal is mined at 2 deposits – the Raychikhinskoye and Yerkovetskoye. The coal industry employs over 1600 locals. With the increase of the Yerkovetsky open-pit capacity their number could grow. The oldest pit…Details
Severstal has completed assembly of the new heating furnace in the blanking shop of SSM-Tyazhmash. “The cost of the investment project exceeded 55 million rubles. Innovative materials and techniques allow saving up to 40% of gas as well as increasing product quality”, Severstal Russian Steel CEO Vadim Germanov said. The operating temperature of the furnace…Details
In April industrial prices increased by 1.2%.
According to the Federal Service of State Statistics (Rosstat), coal prices grew by 3.5%, and non-ferrous metals ores – by 2.6%.
At the same time pig iron, steel and ferroalloy prices increased by 2.4%, while of lead, zinc and tin – by 2%. (Ukrainian metal)
In January-March Russia exported 33.7 thousand tons of raw nickel valued at $444 million, down by 11.3%, but up by 20.4% YoY respectively.
In March average price was $13216 per ton FOB Russian border, down by 1.9% MoM, but up by 32.5% YoY. (Ukrainian metal)
Irshansk Mining and Processing Works has stopped all operations at its largest quarry No. 8. The company will move to another site, which will provide for almost half of the total output. While the extracting complex moves to the new site (some 3 km), the factory will be repaired. The quarry and the factory provide…Details
In April coal imports increased by 21.1% YoY, or by $42.484 million, to $243.788 million, while exports dropped by 99.7%, or by $6.636 million, to $0.019 million. According to the State Fiscal Service, Russia was the main supplier of coal ($171.08 million). In January-April coal imports grew by 30.3% YoY, or by $233.424 million, to…Details
The Cabinet of Ministers of Ukraine has provided state mines with guarantees of over 1 billion UAH on their loans and has approved the terms of the guarantees. The Cabinet has agreed to the suggestion of the Ministry of energy and coal industry to provide the state enterprise Toretskugol with state guarantees for 21.15 million…Details
Some 1 thousand employees of ArcelorMittal Kriviy Rih have had a meeting demanding their salary to be increased to EUR 1 thousand. The strikers gathered in two places – near the administration building on the enterprise territory and on the Krivorozhstal Street. They demanded the salary increase and the fulfillment of all the labor agreements…Details
The combined sales of titanium rolled products and bars by VSMPO-Avisma rose by 14% YoY, to 28,779 tons in 2017, the company said in a statement on May 23. Exports grew by 26%, to 20,588 tons, while domestic sales fell by 8%, to 8,192 tons. The U.S. and Europe accounted for most exports with 44%…Details
Kazakhstan’s national company Kazatomprom delivered the first batch of uranium to Brazil, the company’s press service said in a message. “The National Atomic Company of Kazakhstan is expanding the geography of its products supply on the world nuclear fuel market. Kazatomprom JSC won an international tender for the supply of natural uranium concentrates for the…Details
The state enterprise Ukrpromvneshexpertisa says in June deliveries of scrap to metal companies will decrease by 16.67% MoM, or by 50 thousand tons, to 250 thousand tons. “I believe in June deliveries will decrease somewhat, as the price drop starts affecting scrap procurement. Thus, deliveries to metal companies will also decrease. Another factor is the…Details
The State Service of Geology and Subsoil Use has suspended special permits to mine coal of the Mine “Rossiya” LLC and the Mine 1-3 Novogrodovskaya LLC. The basis for the suspension of the permits is the violation of two clauses of the “Ukrainian Subsoil Code”. The service has given the companies 10 days to set…Details
Vorkutaugol has received the quality certificate for the coal concentrate of a new grade – 1Zh. The company has also confirmed the quality of its other products – coal concentrate of grades K, 2Zh and GZhO. The new certificate allows the company to sell the product. “We started processing the 1Zh grade in trial mode…Details
At present salary debts to the employees of the state coalmining enterprises amount to 406.8 million UAH and are the result of the difficult economic condition of the state coal sector. “In 2018 we have seen no sufficient support from the state, thus now we have wage debts of over 400 million UAH”, Department of…Details
Azovstal has shut down its converter No. 2 for an 8-hour repair to service gas-purifying equipment.
A month ago the converter was also shut down to repair technological equipment, sensors, etc.
Within the following 4 years Azovstal intends to invest over $300 million into environment-protection projects. (Ukrainian metal)
The First Vice Prime Minister held a meeting with the management of GL Makmal Developing the day before. According to the government’s press service, the parties discussed the events that took place on April 11 in Kazarman village, Toguz-Toro district of Jalal-Abad region, where the territory of the gold processing plant was set on fire.…Details