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In December 2020, scrap deliveries to metal companies grew by 33.1% YoY, to 288.6 thousand tons. At the same time, in 12 months they dropped by 3.9%, to 2.9 million tons. The largest scrap recipients were Metinvest enterprises and Dneprovsky Iron and Steel Combine – 175 thousand tons, up by 37.9%, Interpipe Steel – 52…
DetailsIn December 2020, Zaporizhstal increased steel output by 4.6% YoY, to 345.6 thousand tons. According to the company press service, pig iron manufacture grew by 0.9%, to 397.5 thousand tons, and rolled metal – by 5.2%, to 287.6 thousand tons. In January-December 2020, Zaporizhstal produced 4470.6 thousand tons of pig iron (+2.5%), 3783.7 thousand tons…
DetailsIn 2020, Metinvest carried out large-scale projects at its Central, Severniy and Ingulets Mining and Processing Works as well as at Metinvest-KRMZ. Quarries received 9 new 12-cubic meter excavators. InGOK also received 2 Epiroc drilling rigs, while CGOK – five 130-ton BelAZ dump trucks and three bulldozers (a PR 764 Litronic and two CaterpillarD9R). GOKs…
DetailsIn 2019, Novotroitskoye Ore Group increased net profit by 17.6% YoY, to 234.094 million UAH. EBITDA grew by 14.9%, to 281.895 million UAH. Net income went up by 13.6%, to 1.048 billion UAH. Undistributed profit amounted to 1.033 billion UAH. (Ukrainian metal)
DetailsIn January-November 2020, Chukotka Autonomous District yielded 20873 kg of gold, on par with the previous year level. Ore gold output grew by 2%, to 18970 kg, while alluvial gold – dropped by 18%, to 1903 kg. The district also produced 90.8 tons of silver, down by 4%. (Ukrainian metal)
DetailsIn 2020, Ukraine exported 18.514 million tons of ferrous metal products valued at $7.69 billion, down by 0.7% and by 11.9% YoY respectively. Scrap exports dropped by 15%, to 35.9 thousand tons, while pig iron grew by 20.3%, to 3,104.8 thousand tons, and semi-finished products – by 6.3%, to 7,489.5 thousand tons. Semi-finished products accounted…
DetailsThe Commercial Court of Dniepropetrovsk region has declared concluded an addendum to the agreement on the lease of a land plot between Sukhaya Balka and Krivoy Rog City Council. The agreement was concluded on March 10, 2016. According to the agreement, Sukhaya Balka paid 1.7 million UAH per year for the land plot of 59…
DetailsIn November, salaries in metal and mining industry decreased. By-product coke plants experienced the largest drop – by 10.9%, to 17.3 thousand UAH. In November, average salaries were as follows: at mining enterprises – 17.4 thousand UAH (-4.9%), at pipe enterprises – 13.2 thousand UAH (-3.5%), at ferrous metallurgy enterprises – 16.7 thousand UAH (-5.4%)…
DetailsAzovstal has commissioned a new blast furnace slag car in the metal slag processing shop. Investments in the purchase amounted to 4.6 million UAH. The volume of the car is 16.5 cubic meters and weight – 65 tons. The temperature of hot slag is 1300-1400 degrees C, which results in a periodical need to replace…
DetailsKazatomprom and CGN Mining have announced the sale by the former of 49% in the Ortalyk Mining Enterprise. Ortalyk controls the development of the Mynkuduk and Zhalpak uranium deposits. The capacity of Mynkuduk is 2 thousand tons of uranium per year and the enterprise has already reached its design capacity. The capacity of Zhalpak is…
DetailsMaxiprom Group LLC has constructed a factory at Marganets Mining and Processing Works. The factory will process up to 5 million tons of manganese ore slag into 1 million tons of concentrate per year. The construction lasted for 2 years. (Ukrainian metal)
DetailsOn December 28, a cave-in occurred at the Zolotoye mine (Pervomayskugol) in Lugansk region. The accident happened at the depth of 687 meters. 2 miners were trapped. One was saved at once, while the other was later found dead. (Ukrainian metal)
DetailsDaksib LLC, developing the alluvial gold sites in Irkutsk region, has extracted 109.5 kg of gold, up by 46% YoY. The annual target has been exceeded 2-fold. Last year, the company extracted 75 kg of gold. (Ukrainian metal)
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