In January-April, Zaporizhstal produced 530.9 thousand tons of rolled metal, down by 16.1% YoY. Pig iron output decreased by 13.6%, to 717.1 thousand tons, and steel – by 10.3%, 646.5 thousand tons. At the same time, in April, the production dynamics was positive – 231.8 thousands tons of pig iron, 252.9 thousand tons of steel…Details
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During exploration work, a new gold mine was discovered in the mountains of Marjanbulak in Jizzakh region. It is estimated that the gold reserve of the new mine is more than 175 tons. Forecasts indicate that the volume of reserves at the mine could increase by 60-70 tons. (Uzreport/Ukrainian metal)Details
The state enterprise Naftogaz Trading, a part of the Naftogaz Group, has concluded an agreement to sell 200 million cubic meters of gas to one of the largest manufacturers of rolled metal in Ukraine – ArcelorMittal Kryvyi Rih. This volume covers more than half of the company annual needs. AMKR uses gas almost in all…Details
In January-March, Ukraine increased imports of galvanized steel 2-fold YoY, to 48.1 thousand tons. In March, imports totaled 19.32 thousand tons, up by 87% MoM and 7.1-fold YoY. The largest supplier was Turkey – 16.8 thousand tons, followed by the EU countries with 6.4 thousand tons. (Ukrainian metal)Details
In 2022, Dneprometiz decreased net profit 6-fold YoY, to 25.57 million UAH. Net income grew by 1.1%, to 2.47 billion UAH. Undistributed profit amounted to 240.08 million UAH. Dneprometiz produces metal wares of low-carbon steel. Its capacity is 120 thousand tons per year. (Ukrainian metal)Details
Metinvest considers issues of strategic partnership with Italian companies in Ukraine, the company CEO Yuri Ryzhenkov has said at the Ukrainian Restoration Conference in Italy. “Ukraine lost manufacture of slabs and rails because of the destroyed plants in Mariupol. This is a problem, since Italy was a major consumer of Ukrainian slabs. On the other…Details
In 2022, Poland decreased steel consumption by 12% YoY, to 13.3 million tons. “For many years the country has been demonstrating growth in steel manufacture and consumption, while the other EU countries have been experiencing a drop. Now we join this decrease. Steel manufacture last year dropped by 14% and consumption by 12%,” said Miroslaw…Details
In 2022, Dneprospetsstal increased its net loss 4.1-fold YoY, to 1.901 billion UAH. According to the information prepared for the shareholders meeting scheduled for May 31, uncovered losses of the company last year amounted to 4.91 billion UAH. The meeting is expected to sum up the results of operation n 2021 and 2022, approve annual…Details
Prices of steel rebars have again decreased because of weak demand. Some plants have even suspended manufacture. This week, offers totaled 3300 zloty ($785) per ton CPT for a 12mm rebar as opposed to 3350 zloty a week before. But for batches from 1000 tons, manufacturers were prepared to offer lower prices – 3200 zloty…Details
On April 21, following an auction, the state enterprise Dobropolyeugol-extraction concluded an agreement with Spetstrade Ltd on the purchase of mine props for the Dobropolskaya and Novodonetskaya mines for 26 million UAH. This year, the company has to supply 250 tons of mine sections with the length of 11 to 12 meters made of St-5PS…Details
In January-March, Kazzinc decreased zinc output from own resources by 5% YoY, to 34.3 thousand tons. The group produced 24.9 thousand tons of zinc metal and 9.4 thousand tons of zinc concentrate. Taking into account the third party raw materials, zinc manufacture dropped by 11%, to 63.5 thousand tons. Manufacture of lead from own resources…Details
The government of Kazakhstan has prolonged the prohibition to export ferrous and non-ferrous metals scrap. The export is prohibited by all transport means. The ban was imposed to increase scrap deliveries to domestic metal companies, as well as to fight the illegal trade in scrap. (Ukrainian metal)Details
A court has arrested the shares of Oksana Marchenko, the wife of the traitor Victor Medvedchuk, in Zaporozhye Ferro Alloys Works valued at over 1 billion UAH. The court decision concerns 13.7% of the company shares, that the wife of Medvedchuk owns via 4 offshore companies. ZZF is the only producer of metallic manganese in…Details