Interpipe investment portfolio in the near term will amount to $100 million. The company plans to finance a number of projects to decrease CO2 emission, improve energy efficiency of the manufacturing process and allow making products corresponding to international standards. According to the company CFO Denis Morozov, the state could also help modernize the industry…Details
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Mariupol Ilyich Iron and Steel Works has become a leader in environment pollution decrease. “According to the sensors at the works, the dust pollution has decreased from 500 to 20 units, after the reconstruction of the exhaust system. We would like such sensors to be at all companies”, the minister of environment protection and natural…Details
In January-October, Yuzhniy Mining and Processing Works increased iron ore concentrate output by 3.7% YoY, to 10.7 million tons. Sinter was not manufactured. In October, UGOK produced 1.1 million tons of concentrate, up by 6% YoY. (Ukrainian metal)Details
Azerbaijan increased export of gold by 24.2% YoY in January-September. The country exported gold worth $150 million, up by $29.2 million. Azerbaijan exported gold worth $25.8 million in September, up by $12.7 million. Gold mining in Azerbaijan is currently carried out by two companies – AzerGold CJSC, which accounts for 51% in Azerbaijan’s gold output,…Details
Severniy Mining and Processing Works is assembling new transformer machinery in the network and substation shop. Investments amount to 22 million UAH. A power transformer will be replaced to decrease emergency delays and increase capacity of mining and processing machinery. The replacement will be carried out in two stages. At the first, the specialists have…Details
In October, Zaporizhstal successfully passed a re-certification audit of its integrated quality and environment management systems according to ISO 9001:2015 and ISO 14001:2015, as well as the second supervisory audit according to ISO 45001-2015 (labor protection). The audits have been carried out by the Bureau Veritas Certification Ukraine specialists. Following the inspections, Zaporizhstal has been…Details
In October, Ukraine increased export of iron ore and concentrate by 31.5% YoY, to 3.8 million tons, valued at $410.9 million, up 2-fold. According to the customs statistics, in 10 months Ukraine exported 38.5 million tons of iron ore raw materials valued at $3.3 billion, up by 15.7% and by 11.5% YoY respectively. China remains…Details
In January-September, Pobuzhye Ferronickel Plant increased ore processing by 22.6% YoY, to 1.159 million tons, which corresponded to 64,849 tons of ferronickel of ore raw materials (+24%) or 12.3 thousand tons of nickel (+22.8%). The company received 12.4 million UAH of profit. Profit tax amounted to 4.4 million UAH. Average salary reached 11,893 UAH, up…Details
In January-October, Ukraine decreased ferrous scrap export by 20.5% YoY, to 32.374 thousand tons valued at $8.2 million, down by 27.5%. According to the State Customs Service, in January Ukraine exported 2.87 thousand tons of scrap, in February – 8.01 thousand tons, in March – 493 tons, in April – 256 tons, in May –…Details
Ingulets Mining and Processing Works is replacing pumping machinery in its ore-processing factory No. 1. 13 new VASA machines have already been assembled. Investments in the project amounted to 55 million UAH. The modernization of pumps will be carried in 2 years. 80 machines will be replaced, with 40 – until the end of the…Details
Severniy Mining and Processing Works continues replacing electric filters at the LURGI 552 A pelletizing machine in the pelletizing shop No. 2. Three modern gas-purifying machines are already operating. This year, Metinvest has spent 340 million UAH on the project. The goal of the project is to decrease gas emission in pellets manufacture. For this,…Details
In January-September, Belarus Iron and Steel Works decreased revenue by 12.8%, to Br 1.97 billion. Sales loss amounted to Br27 million, down by 38.3%. Net profit grew 2-fold, to Br34 thousand. Debt since the start of the year has increased by 7.2%, to Br1.1 billion. (Ukrainian metal)Details
In January-October, Dneprovsky Iron and Steel Combine increased rolled metal output by 9.9% YoY, to 2.16 million tons. Steel manufacture grew by 11.7%, to 2.18 million tons, pig iron – by 14.2%, to 2 million tons, and sinter – by 38.75%, to 3.47 million tons. In October, DMK manufactured 230.854 thousand tons of metal products,…Details