In January-March, Metinvest increased steel output by 12% YoY, to 2.17 million tons, and pig iron – by 7%, to 2.09 million tons, at the same time decreasing coke manufacture by 12%, to 1.12 million tons. Compared with Q4 2019, steel output grew by 30%, pig iron – by 11% and coke – by 7%.…
DetailsIn April, Zaporizhstal produced 223.3 thousand tons of steel, down by 34.5% YoY. Rolled metal manufacture dropped by 23.2%, to 222.2 thousand tons, and pig iron – by 27.4%, to 277.5 thousand tons. The decrease is due to the capital repair of blast furnaces Nos. 2 and 5 and the market situation. In 4 months…
DetailsIn April, Ukraine produced 1.413 million tons of steel, down by 27% MoM. Pig iron manufacture dropped by 23.1%, to 1.412 million tons, and rolled metal – by 22.9%, to 1.264 million tons. In January-April, Ukraine produced 6.731 million tons of steel (-9.6% YoY), 6.507 million tons of pig iron (-7.6%) and 5.886 million tons…
DetailsZaporizhstal has received 2 railroad cranes with the lifting capacity of 25 and 80 tons. They will be used to load and unload technological cargo and raw materials, in construction and assembly works, as well as repairs of Zaporizhstal shops and other Metinvest enterprises. The cranes are completely self-propelled. They can move without the aid…
DetailsMariupol Ilyich Iron and Steel Works with the help of energy servicing company YASNO Efficiency has started replacing outdated machinery in its heat and power shop. Thus, the company will be able to save up to 13 million UAH per year by improving compressor machinery efficiency by 20%. During the first stage, YASNO Efficiency has…
DetailsIn January-March, Sukhaya Balka decreased iron ore output by 1.8% YoY, to 672 thousand tons. In March, the mine produced 218 thousand tons of ore. Last year, the enterprise produced 2.727 million tons of iron ore, down by 0.3% YoY. (Ukrainian metal)
DetailsIn January-March, KAZ Minerals produced 74.9 thousand tons of copper, up by 7% YoY. Gold output grew by 27.6%, to 55.4 thousand ounces, and silver – by 18%, to 739 thousand ounces. Aktogai Mining and Processing Works mined 12.556 million tons of ore, up by 14%, and produced 27.2 thousand tons of copper, down by…
DetailsIn March, wages at metal companies increased by 17.7%, to 17,329 UAH on average. Salaries also grew at ore mining companies (by 0.8%, to 16,997 UAH), manufacturing coke (+1.4%, to 17,543 UAH), pipes and sections (+2.2%, to 13,266 UAH), precious and non-ferrous metals (+0.9%, 10,606 UAH). Ferrous metals enterprises had the largest growth of 22%,…
DetailsIn January-March, Electrostal (Kurakhovo, Donetsk region) produced 29 thousand tons of continuous-cast billets. In Q1 2019, the company was idle. In March, output totaled 16 thousand tons. Since March 2019 the company has been working at a third of its capacity. In October 2019, it was also idle. Thus, in 2019 output decreased 3.5-fold YoY,…
DetailsIn March, Kazakhstan produced 350,925 tons of steel, down by 47.2% YoY, but up by 27.4% MoM. In Q1, manufacture dropped by 13.8% YoY, to 969,684 tons. Refined copper output in January-March increased by 8.7%, to 124.067 tons, and zinc – by 1.9%, to 81,670 tons. In 3 months Kazakhstan produced 546,920 tons of ferroalloys,…
DetailsArcelorMittal Kriviy Rih has completed the reconstruction of sintering machine No. 1 of sinter plant No. 2 and is starting hot tests on it. The company continues to implement a large-scale investment project for the reconstruction of sinter plant No 2. As of now four of six sintering machines of the shop have already been…
DetailsIn 2019, Druzhkovka Metal Wares Works (Donetsk region) decreased net income by 50.1% YoY, to 318.7 million UAH. Last year the company received a net loss of 31.5 million UAH, as opposed to a net profit of 55.6 million UAH in 2018. As of late 2019, the combined cost of agreements to supply products totaled…
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