Sergey Kaplin, a member of the Verkhovna Rada from the Petr Poroshenko Block faction, suggests nationalizing ArcelorMittal Kriviy Rih. According to an explanatory note to a draft decree, the MP suggests the Cabinet of Ministers to buy all the shares of the enterprise. The goal behind the idea is to protect the national interests and…
DetailsUkrzaliznytsia (Ukrainian Railways) has once again announced a tender to sell scrap. This is 16.059 thousand tons of bulk scrap No. 510 (rail scrap) with the starting price of 181.196 million UAH. The auction will take place on March 4. (Ukrainian metal)
DetailsIn January Zaporozhye Iron Ore Complex decreased iron ore output by 1.9% YoY, to 360 thousand tons. Last year the enterprise produced 4.552 million tons of ore, up by 1.1% YoY. Iron content was 60.91%. In December 2018 ZZhRK mined 376.1 thousand tons of iron ore, down by 1.5% from the target. Iron content was…
DetailsIn January Khabarovsk region extracted 1314.5 kg of ore gold, up by 17.1% YoY. Silver output grew by 3.3%, to 4.3 tons. In January 2018 the region yielded 1122.2 kg of gold and 4.1 tons of silver. Alluvial gold sites will start working in May. Last year Khabarovsk region produced 24.591 tons of gold and…
DetailsThe Irkutsk industrial company MetalActivgroup has modernized its manufacturing capacities and increased metallized pellets and DRI output. This is the only enterprise in Russia to produce metallized pellets and DRI of magnetite ore using coal. In 2018 the company attracted a loan of 28 million rubles to buy machinery. 12 million rubles were provided by…
Details2 miners have perished at the Yubileynya mine of Sukhaya Balka. The accident happened at 7 a.m. after a night shift at the depth of 1340 meters. The miners died of gas. The bodies are still in the mine. The conditions of the accident are being determined. (Ukrainian metal)
DetailsIn January Ukraine exported 40.6 thousand tons of pipes, down by 10.9% MoM, valued at $48.7 million. According to the State Fiscal Service, the pipes share in the total export was 1.19%. Seamless pipes accounted for 31 thousand tons ($42.8 million), other pipes and tubes – 8.7 thousand tons ($5.3 million) and other pipes and…
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