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In 2019 Ukraine exported 40.22 million tons of iron ore raw materials, up by 9% YoY. Domestic companies received some 27 million tons, down by 1%. Iron ore concentrate output grew by 4.6%, to 63.084 million tons. At the same time sinter manufacture dropped by 2.4%, to 30.911 million tons, and pellets – by 2.8%,…
DetailsRussian steelmaker Novolipetsk Steel (NLMK) expects its capital expenditures to exceed $900 million in 2020 with the exact figure to be clear in March, NLMK President Grigory Fedorishin announced on January 23 on the sidelines of the World Economic Forum. He confirmed the earlier plan of $1 billion in 2019 and about $900 million per…
DetailsIn 2019 Ukraine exported $14 billion worth of metal and mining products. It is expected, that last year Ukraine exported some 14.7 million tons of rolled metal valued at $7.2 billion. In 2018, 14.4 million tons were exported at $7.8 billion. The share of exports in the total output was 82% in 2019 and 78.5%…
DetailsThe State Property Funds says that the privatization of Centerenergo and Krasnolimanskaya Coal Company as one package is possible. For this the fund is cooperating with the Ministries of energy and environment, economy and prime minister in order to develop a correct policy. Privatization of such assets, as Krasnolimanskaya, according to the fund, should be…
DetailsIn December 2019 Ukraine produced 1.61 million tons of pig iron, up by 15.5% MoM, 1.56 million tons of steel, up by 17.8%, and 1.43 million tons of rolled metal, up by 15.3%. Moreover, 5.25 million tons of iron ore concentrate were produced (+1.4%), 2.47 million tons of sinter (+10.8%), 1.51 million tons of pellets…
DetailsProducts of Belarus Iron and Steel Works have won the Best Products of Belarus 2019 award in the “Products of the manufacturing and technical usage” nomination. In particular, the hot-rolled alloyed round steel with the diameter of 30 to 80 mm and the grade of 16MnCrS5/20MnCrS5 has been awarded. The steel is used to produce…
DetailsAccording to the Association of Trade Seaports, in 2019 the seaports’ throughput totaled 840.3 million tons, up by 2.9% YoY. Ferrous metals transportation accounted for 26.7 million tons, down by 12.6%. In particular, the port of Ust-Luga transported 0.179 million tons of ferrous metals, up by 56%, St. Petersburg – 4.944 million tons, down by…
DetailsTulachermet was able to increase the volume of its pig iron-transporting ladles from 65 to 80 tons by decreasing the thickness of the refractory lining. This allows decreasing time needed to pour pig iron into converters, thus improving the converter steel shop efficiency. At present all the 43 ladles have been modernized. (Ukrainian metal)
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