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In January-April, Ukraine procured 366.6 thousand tons of ferrous metal scrap, down by 40.8% YoY. Scrap deliveries to metal plants dropped by 49.8%, to 292.8 thousand tons. Exports went up 8-fold, to 56.4 thousand tons. (Ukrainian metal)
DetailsIn January-March, the United Mining and Chemical Company’s gross income decreased to 208 million UAH from 313 million UAH last year. In Q1 2021, the income totaled 924 million UAH. Net loss increased to 109 million UAH from 84 million UAH. Output in April-May was only 30% of the previous year level. The state mining…
DetailsIn April, Ukraine increased rolled metal manufacture by 12.2% MoM, to 487 thousand tons. Pig iron output grew by 16.7%, to 544 thousand tons, and steel – by 8.9%, to 574 thousand tons. Compared with April 2022, rolled metal production went up by 96.4%, steel – by 108% and pig iron – by 87.6%. In…
DetailsPokrovsk Mining and Processing Works supplies its manganese ore concentrate to the Nikopol Ferroalloy Works (NZF) only, as the Zaporozhye Ferro Alloys Plant has almost suspended operation. According to the company chairman Sergey Shuvayev, NZF needs products of the second sort only, that is why mostly the Northern quarry of PGOK operates. PGOK suspended operation…
DetailsRussia has shelled a DTEK Energo thermal power plant. Equipment was damaged as the result of shelling. There were no casualties, but more than 100 thousand consumers, in particular, coalmines, were left without electricity. While power supply to households has been resumed, two mines in Toretsk remain switched off grid. (Ukrainian metal)
DetailsIn May, DTEK Energo intends to launch three new long-walls in addition to 8 already commissioned since the start of the year. One of the long-walls has the reserves of more than 1 million tons of coal, which will come in handy when preparing for winter. In 2022, the group commissioned 28 long-walls. (Ukrainian metal)
DetailsFollowing a tender, Ukrzaliznytsia has ordered Interpipe NTZ the delivery of wheels valued at 215 million UAH. This year, the company has to supply 5,621 solid railroad wheels with the diameter of 957 mm and ultrasound check at 38,220 UAH apiece ($1,045). The wheels will be delivered on FCA terms with the payment within 5…
DetailsIn 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…
DetailsDuring 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)
DetailsThe 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…
DetailsIn 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)
DetailsIn 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)
DetailsMetinvest 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…
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