Because of high railroad tariffs, it’s unprofitable for Ukrainian manufacturers to ship ore to China. “Ukrainian railroad tariffs are very high. Tariffs in Europe are even higher. Combined, they make it unprofitable for us to ship ore to China,” Metinvest CEO Yuri Ryzhenkov has said. According to him, Ukrainian ore producers were forced to decrease…Details
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In May, Almalyk Mining and Processing Works launched a new site in its pyrro-metallurgical shop to produce metallic molybdenum. Lately, the site has been able to launch the production of metallic molybdenum with the purity of 99.97%. The previous record was 96.4%. The capacity of the shop is 820 thousand tons of molybdenum products per…Details
In January-March, Nikopol Ferroalloy Plant increased net profit by 25% YoY, to 424.4 million UAH. Net income grew by 0.4%, to 175.9 million UAH. Undistributed profit as of late March totaled 8.5 billion UAH. In Q1, NZF produced 4.96 thousand tons of ferromanganese and 143.5 thousand tons of ferrosilicomanganese. (Ukrainian metal)Details
Corum Group will produce 28 TT900 transport trolleys for DTEK Pavlogradugol. The trolleys will be produced on sites in Dniepropetrovsk region, where the manufacture has been temporarily relocated to. 4 trolleys have already been delivered to the customer, with 24 more to be shipped in June-July. (Ukrainian metal)Details
Based on the order of Azeraluminium LLC, ADY Container delivered anode blocks from China to Azerbaijan, strategic raw materials for the aluminum industry. Cargo on the Gudzhin-Ganja route was transported in 50 forty-foot containers. After the train arrived at the port of Aktau, the containers were loaded onto the feeder vessel “Barys” and delivered to…Details
In June, Kametstal will save around 12 million UAH by using the new technique of laying iron ore piles. Piles are a main raw material for the sinter manufacture. An experiment has been carried out to decrease manufacturing expenses linked to the iron ore part of the charge getting more expensive. At the first stage,…Details
In January-May, Ukraine produced 269.4 thousand tons of ferroalloys, down by 24.9% YoY. According to the Ukrainian Association of Ferroalloy Producers, silicomanganese output dropped by 9.3%, to 235.1 thousand tons, ferromanganese – by 73.7%, to 17 thousand tons, ferrosilicon – by 52.7%, to 15.4 thousand tons, and metallic manganese – by 43.5%, to 1.35 thousand…Details
ArcelorMittal Kriviy Rih has finished reconstructing the slag yard No. 1 of the converter shop. The reconstruction was carried out in two stages. One part of the yard is in repair, while another is waiting for the state approval after reconstruction. During reconstruction, over 200 meters of railroad was replaced, with new foundation made. All…Details
The Ukrainian Association of Secondary Metals (UAVtormet) and Austrian Dobrowa Metalltechnik GmbH have signed a cooperation agreement. The main task is the cooperation in exchanging experience to implement in Ukraine techniques to process ferrous and non-ferrous metals scrap originating from military machines. As of early May, Ukrainian scrap procurers estimated the total volume of military…Details
Metinvest-SMC has started providing Ukrainian military with free plates for bulletproof vests. The Metinvest Group enterprises have prepared a stock of armor plates, which is constantly replenished. In order to receive the plates, the company asks for an official letter. (Ukrainian metal)Details
Nikopol Ferroalloy Plant has appointed Ruslan Ponomarenko the CEO and the chairman of the board instead of Vladimir Kutsin. On July 1, Kutsin will switch to the new office of the CEO councilor. CEO Gennadiy Lavrinenko resigned on June 22. Yelena Bai has been appointed instead. Before his new appointment, Ponomarenko was the chief accountant…Details
In January-May, Ukraine produced 4.24 million tons of steel, down by 52.8% YoY. Pig iron manufacture dropped by 53.3%, to 4.15 million tons. Thus, Ukraine dropped to the 18th place in the global steel producers rating and to the 12th among pig iron producers. In January-May 2021, Ukraine was on the 13th and the 10th…Details
Severniy Mining and Processing Works has carried out capital repair of the aboveground part of a heavy conveyer at the crushing factory No. 1. Investments in the project amounted to 3.8 million UAH. The conveyer services the Gannovskiy and Pervomayskiy quarries. The conveyer belt with the length of 753 meters transports raw materials from the…Details