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In January, Chukotka Autonomous District produced 1.399 kg of gold and 6.48 tons of silver, down by 10% and by 19% YoY respectively. Only ore precious metals are being extracted now. 5 companies operate at the site. In 2021, Chukotka increased gold output by 4% YoY, to 25.32 tons. (Ukrainian metal)
DetailsMetinvest-SMC will provide channels, beams and other rolled metal to strengthen the Ukraine’s defense. The materials can be used to produce Czech hedgehogs. The metal will be provided on a free-of-charge basis. “We ask to provide a letter from authorities, territorial defense or the military,” the company said on Facebook. (Ukrainian metal)
DetailsOn February 25, employees of ArcelorMittal Kriviy Rih will receive their wages for February in full. “Together with our employees we are doing everything possible to keep our plant, which is feeding the entire city. None knows what tomorrow brings, so we want our employees to be prepared to any developments”, AMKR CEO Mauro Longobardo…
DetailsInterpipe has announced a preterm payment of the second advance for February to all employees. The first advance was paid on February 21. “With the early payment we want to support our employees in this difficult time. I’m sure that the Ukrainian Army and the government are doing everything possible to protect the country. The…
DetailsFerrexpo will pay 1 billion UAH of profit tax to the state budget and budgets of all levels in advance. “In this difficult time for Ukraine business cannot stand aside. We need to unite and help the country as best we can. That is why Ferrexpo decided to support the initiative of its main shareholder…
DetailsAzovstal has added two new products to its portfolio. They are rolled sheets made of previously not produced steel grades. In particular, in several months the company has developed a new technique and started producing rolled sheets of L290NE/X42NE PSL2 grade ordered by Serbia. 8 thousand tons have already been shipped. Moreover, Azovstal started producing…
DetailsIn 5 years, Zaporizhstal has modernized 8 locomotives having invested around 100 million UAH. In particular, 6 TGM4 and TEM2 locomotives have been repaired in partnership with locomotive-repair enterprises. Two more were repaired by the company itself. This allowed saving up to 15%. Repaired machines allow decreasing fuel expenses by 12% and motor oil by…
DetailsIn 2021, Energomashspetsstal decreased sales by 17.1% YoY, to 2.754 billion UAH. The company sold 18.06 thousand tons of various products, with the most part exported. 70 companies from 17 countries were its customers. The order portfolio for this year has already been formed. The main part will be the export of billets for the…
DetailsIn 2021, Ukraine increased exports of ferrous metals by 81.4% YoY, to $13.95 billion. According to the State Statistics Service, ferrous metals accounted for 20.5% of all export revenue last year. Export of ferrous metal wares, including pipes, metal structures, wire, etc., grew by 47.3%, to $1.29 billion (1.9% of all exports). At the same…
DetailsIn January, Interpipe increased steel manufacture by 69.8% YoY, to 93 thousand tons. Railroad products output dropped by 14%, to 13.8 thousand tons, while that of pipes grew by 29.5%, to 52.7 thousand tons. Europe accounted for 45% of sales, Ukraine for 31%, CIS for 16%, MENA for 6% and Americas for 2%. The main…
DetailsAzovstal is modernizing steel ladles in the converter shop. 2 ladles valued at 4.6 million UAH each were delivered in early February. One of the ladles has already been commissioned, while another is being prepared to be put into operation. Three more will be replaced during the year. Azovstal uses 18 ladles. (Ukrainian metal)
DetailsSukhaya Balka reports a new purchase of machinery under an investment program to modernize mining and improve its safety and efficiency. The enterprise has purchased an Epiroc Boomer T1D drilling machine and a Derui mine excavator. Investments exceeded 20 million UAH. (Ukrainian metal)
DetailsIn January, Zaporozhye Iron Ore Complex extracted 262.7 thousand tons of ore with the iron content of 60.86%, up by 0.1% from the target. The enterprise sold 288.8 thousand tons, up by 4.1%. 1,877 meters of rock has been excavated (+1.3%) and 38,732 meters of wells has been bored (-8.3%). (Ukrainian metal)
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