In October Ukraine produced 5935 thousand tons of iron ore and concentrate, up by 4.8% MoM, or by 271 thousand tons. In particular, iron ore output dropped by 10.3% MoM, or by 95 thousand tons, to 823 thousand tons, while iron ore concentrate production went up by 7.7% MoM, or by 366 thousand tons, to…Details
ArcelorMittal Temirtau has completed the capital repairs of its blast furnace No. 4. The volume of the new furnace increased from 3200 cubic meters to 3400 cubic meters. And the first pig iron has already been produced. The furnace will reach its project capacity in 2 weeks. “This will allow us to increase pig iron…Details
In October Ukraine exported $152.64 million worth of iron ore, with imports on the level of $4.82 million.
According to the State Fiscal Service, the main consumer of iron ore in October was China ($39.29 million).
In January-October Ukraine exported $1421.4 million worth of iron ore, while imports reached $67.17 million. (Ukrainian metal)
Yenakievo Iron and Steel Works cannot put its blast furnace No. 5 into operation because of the raw material deliveries problems on behalf of Ukrzaliznytsia. “The company has just finished repairing its BF5, but cannot put it into operation, and that’s some 45 thousand tons of pig iron in November alone (or $20 million). EMZ…Details
In October Ukraine produced 1938 thousand tons of pig iron, up by 4% MoM, or by 75 thousand tons.
In January-October pig iron output went up by 9.2% YoY, or by 1671 thousand tons, to 19737 thousand tons. (Ukrainian metal)
Azovstal Iron and Steel Works has put its continuous casting machine No. 5 into operation after an overhaul.
The repairs lasted for 45 days. Investments totaled 34.3 million UAH.
“Following the CCM 5, continuous casting machine No. 4 has also been stopped for capital repairs”, the company CEO Enver Tskitishvili said. (Ukrainian metal)
In October steel output in Ukraine went up by 7.7% MoM, or by 143 thousand tons, to 2003 thousand tons.
In January-October Ukraine produced 20242 thousand tons of steel, up by 5.9% YoY, or by 1123 thousand tons. (Ukrainian metal)
The state enterprise Ukrpromvneshexpertisa forecasts that in November the average ferrous scrap price will increase by 14% MoM, or by 700 UAH per ton, to 5700 UAH per ton. “The price situation is very interesting. The metal makers have been hiding prices from each other. And worked separately with each trader. In fact, the price…Details
In October Ukraine produced 1686 thousand tons of rolled metal, down by 3.3% MoM, or by 57 thousand tons.
In January-October rolled metal output increased by 6.4% YoY, or by 1064 thousand tons, to 17811 thousand tons. (Ukrainian metal)
Ukrainian Mining and Metallurgical Company has opened a new metal supermarket in Brovary, Kiev region, increasing its sites number to 26. The decision to open the store has to do with the necessity to service the left bank side of the Kiev region. The square of the warehouse is 2 thousand square meters, allowing storing…Details
Mariupol Ilyich Iron and Steel Works has started constructing a new continuous-casting machine No. 4. The machine is expected to be put into operation in two years, providing for 380 additional jobs, according to the company CEO Yuri Zinchenko. The contract for construction with Primetals Technology (Austria) was concluded in September 2015. The new machine…Details
In January-September companies of the Russian Copper Company Chelaybinsk division (Mikheevsky GOK, Alexandrinskaya Mining and Ore Company, Karabashmed and Kyshtym Copper-Electrolytic Works) earned 31.25 billion rubles, with 6.25 billion rubles of net profits. In particular Mikheevsky GOK received 13.12 billion rubles with 2.97 billion rubles of net profits. Karabashmed earned 6.92 billion rubles, with net…Details
In October Dneprospetsstal produced 22.82 thousand tons of steel and 13.63 thousand tons of rolled metal, up by 8.2% and by 2.2% MoM respectively. The total cost of the products manufactured in October reached 543 million UAH, down by 0.5% MoM. In January-October DSS produced 196.6 thousand tons of steel and 125.02 thousand tons of…Details
In January-September Russia decreased raw titanium production by 2.7% YoY, while the output of titanium-based alloys increased by 13.5% YoY. According to the Federal Service of State Statistics, September output dropped by 2.4% YoY and by 2.8% MoM. At the same time titanium alloys production increased by 13.6% YoY, though falling by 10.6% MoM. (Ukrainian…Details
Mikhail Volynets, the chairman of the Independent Miners Union of Ukraine, believes that the coal industry is in the critical state, and the lack of money makes it impossible to pay salary and develop mines. “Unpaid salary totals 80 million UAH. We don’t understand from where this will be paid. In 2011 the state budget…Details
Olkon (Olenegorsk Mining and Processing Works, a part of Severstal) plans to invest 250 million rubles in 2016 into the modernization of its mining machinery. In particular, the company wants to upgrade two of its dump trucks and two bulldozers. The business development projects will result in the output increase. Olkon plans to increase mining…Details
In January-October Ukraine imported 677.19 thousand tons of manganese ore and concentrate valued at $88.95 million. According to the State Fiscal Service, the largest suppliers were Ghana ($24.66 million, or 27.73% of the total import), SAR ($24.09 million, 27.09%) and Russia ($23.52 million, 26.45%). All other countries supplied $16.66 million worth of manganese ore (18.74%).…Details
In October Oskol Electrometallurgical Works, a part of Metalloinvest, supplied 262 thousand tons of steel via railroad, down by 6.9% MoM and by 2.3% YoY. Local deliveries went up by 3.5% MoM but dropped by 15.5% YoY, to 51 thousand tons. Exports reached 211 thousand tons, down by 9% MoM and up by 1.4% YoY.…Details
Mariupol Ilyich Iron and Steel Works has completed the capital repairs of its converter No. 2. According to the company CEO Yuri Zinchenko, at the same time the gas-purifying machine was also reconstructed. “Now the emissions will drop 3-fold, to 50 mg per cubic meter. The repairs lasted for 80 days, with investments hitting 230…Details
In January-October Seligdar mined 3.745 tons of gold, up by 31.5% YoY.
In October gold output totaled 644 kg against the target of 573 kg.
The 10-months result is the highest record in the company’s 41-year history.
Seligdar occupies the 10th place among Russian gold-mining companies. (Ukrainian metal)
In January-September Makmalzoloto paid almost 96 million soms to the budget. The taxes make up for 95% of the Toguz-Torous district budget. Makmalzoloto has also paid 53 million soms to the district budget as taxes and other obligatory payments, The enterprise was created in 1986 on the Makmal gold deposits. It employs slightly more than…Details
Russian steelmakers Severstal and Novolipetsk Steel (NLMK) have sent suits to the E.U.’s General Court challenging decision of the European Commission to introduce duties on imports of cold-rolled steel products from Russia, representatives of the companies reported. In August, the E.U. introduced an anti-dumping duty on cold-rolled steel from Russia and China for five years,…Details
The courts have ruled to exact 9.7 billion UAH of debts and fines from Dneprovsky Iron and Steel Works and Alchevsk Iron and Steel Works, all parts of the Industrial Union of Donbass, in favor of Metinvest. The courts ruled that a part of the debt could be cleared in future, and Metinvest did not…Details
In January-October Ukrainian by-product coke plants imported 9.8 million tons of ordinary coking coals and coal concentrate, up by 20% YoY, or by 1.6 million tons. In October Ukraine imported 920 thousand tons of coal, down by 140 thousand tons MoM. Ukrainian coal deliveries to by-product coke plants reached 5 million tons, on the level…Details