Aktyubinsk Rail and Beam Works has mastered and certified the manufacture of railroad rails according to a Ukrainian standard. Now the company intends to replace Ukrainian rails with its own in Ukrainian Railways purchases. An auction to buy 21 thousand tons of rails has been scheduled for October 7, and Aktybinsk Works will take part…Details
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The European Bank for Reconstruction and Development investment in a controversial $400-million gold mine in Armenia is to end, a new assessment by the bank’s complaint body states. For the past two years, Lydian International’s Amulsar gold mining project in southern Armenia has been under blockade by local people and environmental activists, who blocked access…Details
ArcelorMittal Kriviy Rih invested UAH 389.2 million in environment protection in January-June. Every year, the company allocates funds for implementation of major investment projects with environment component, including repair of fixed assets intended for environment protection purposes. This year, ArcelorMittal Kriviy Rih continues reconstruction of sinter plant No. 2 to reduce dust emissions. Modernization of…Details
As of early August, Nikopol Ferroalloy Plant has accumulated a monthly norm of products at its warehouses due to the absence of demand. “We’re selling twice less products than we produce. We need to construct new covered warehouses, as there are no prospects of sales increase”, the company CEO Vladimir Kutsin has said. According to…Details
In July, Ukraine exported 331.8 thousand tons of pig iron valued at $89.4 million, up by 67.7% and by 43.1% YoY respectively. According to the customs statistics, in January-July exports totaled 1.8 million tons valued at $511.7 million, up by 29.1% and by 12.8% YoY respectively. USA was the main customer (57.02%) followed by China…Details
On August 10, employees of Belarus Iron and Steel Works started a strike against the probable falsification of the president election. In late June, the employees informed their management that on August 10-12 they might stage a strike in case of “unfair elections”. Now they are calling the population to come and join them. The…Details
In July, Dneprovsky Iron and Steel Combine produced 216 thousand tons of steel, up by 1.6% YoY. At the same time, in 7 months output dropped by 2.2%, to 1.56 million tons. In July, DMK produced 346.9 thousand tons of sinter and 197.8 thousand tons of pig iron. In 7 months, the company increased sinter…Details
In January-July, Priisk Solovievskiy increased gold output by 28% YoY, to 1855.1 kg. Alluvial sites and the Solovievskoye deposit in Amur region accounted for the main output. In particular, alluvial sites yielded 1128.7 kg of gold, up by 37% YoY. Output at the Solovievskoye deposit increased by 34%, to 605.3 kg. 121 kg of gold…Details
In 2019, Dneprovsky Iron and Steel Works decreased air pollution by 35.3% YoY. In particular, emissions from the metallurgical site dropped by 41% and from by-product coke site – by 15.6%. In H1 2020, emission from the former decreased by 94% and from the latter – by 3%. (Ukrainian metal)Details
In January-June, Metinvest Group increased steel output by 1% YoY, to 3.963 million tons. In particular, Mariupol Ilyich Iron and Steel Works increased manufacture by 38 thousand tons. Pig iron output grew by 1%, to 4066 thousand tons, with Azovstal increasing output by 97 thousand tons. At the same time, Mariupol Ilyich decreased output by…Details
Azerbaijani President Ilham Aliyev has signed an order to put into operation the Dashkasan iron ore deposit, which is the only iron ore deposit in the South Caucasus with an estimated industrial reserves of around 300 million tons. Under the order, initially $1.76 million (AZN 3 million) will be allocated to AzerGold mining company from…Details
In January-July, Ukraine procured 1.642 million tons of scrap, down by 18.4% YoY. Exports decreased by 53.3%, to 17.2 thousand tons. Imports fell by 73%, to 10.6 thousand tons. (Ukrainian metal)Details