Under the Metinvest corporate program “Home for our own”, 150 employees have offered their housing to their colleagues who had to flee their homes following the Russian invasion. Of them 144 are in the cities where the group has its companies. 10 rent agreements have been concluded. In particular, Svetlana Roschenko from SevGOK has provided…Details
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Dneprospetsstal in Zaporizhzhya is slowly resuming operation, in particular, to supply stainless steel to Centravis Production Ukraine. “DSS is our main supplier of billets,” Centravis CSO Artem Atanasov has said. Dneprospetsstal is the only producer of bars and forgings made of special steel grades: stainless, tool, speed, bearing, structure, as well as heat-resistant nickel-based alloys.…Details
Kametstal has started the capital repairs of the sintering machine No. 7 site. The company will modernize the plate conveyer. The old machinery has been dismantled. Conveyer frame metal structures have been repaired and partially replaced. 214 new support rollers have been installed. The repair will improve the equipment operation. (Ukrainian metal)Details
In January-April, Ukraine imported 91.021 thousand tons of manganese ore and concentrate, down by 26.4% YoY. According to the State Customs Service, in monetary terms imports dropped by 15.7%, to $12.248 million. Ghana supplied 99.86% of ore in monetary terms and Belgium – 0.15%. In 4 months, Ukraine didn’t export manganese ore, while in January-April…Details
Kametstal has commissioned compressed air adsorption dehumidifiers in the oxygen-compressor shop. The new equipment was installed in March. This will help decrease losses of compressed air during transportation via pipelines. (Ukrainian metal)Details
ArcelorMittal Kriviy Rih has decided to optimize its management structure to overcome the challenges of the war. In particular, the supply department has been merged with the finance department and will report to the CFO Sergey Plichko. “AMKR is a large buyer of goods and services and plays an important role in the Ukrainian economy.…Details
In January-April, Ukraine exported 1.298 million tons of iron ore and concentrate, down by 8.6% YoY. In monetary terms exports dropped by 32.8%, to $1.58 billion. China was the main buyer accounting for 24.04%, followed by Slovakia (16.11%) and Austria (13.69%). (Ukrainian metal)Details
Azeraluminium LLC will buy 200 thousand tons of alumina valued at 90.3 million manats ($52.1 thousand). The company has already concluded two agreements. In particular, Silk Road Commodities SA will supply 100 thousand tons worth 44.6 million manats and Trafigura Pte Ltd – the same amount but for 45.6 million manats. Azeraluminium annual capacity is…Details
Zaporizhstal has resumed operation of 48 previously mothballed locomotives. The company was mothballed in early March. On March 25, Zaporizhstal partially resumed operation of the cold-rolling shop and on April 6 it launched two of its blast furnaces – Nos. 3 and 4. In April, the company produced 68 thousand tons of pig iron. (Ukrainian…Details
Under its investment program, Yuzhniy Mining and Processing Works has purchased 7 new dump cars with the capacity of 105 tons. The cars were produced by a Kriviy Rih mining and transport company. The dump cars will be transporting ore from the quarry to the crushing factory. In January-April, UGOK produced 3.1 million tons of…Details
As of May 6, Metinvest had funds of $582 million, up from $483 million on April 7. Because of the Russian invasion, the group assets suffered damages, with several assets mothballed, leading to the suspension of the manufacture. A part of the Avdiivka Coke and Chemical Works is mothballed, while another part is being repaired.…Details
Ingulets Mining and Processing Works is continuing building a slurry pumping station No. 4. The new station will solve the problem of pumping full volume of slurry from the ore-processing factories to the technical water supply shop and sludge department. The station will be commissioned in a year. (Ukrainian metal)Details
In January-April, Ukraine procured 620.1 thousand tons of scrap, down by 50.4% YoY. Exports totaled 7.1 thousand tons, down from 87 thousand tons last year, and imports – 0.1 thousand tons, down from 7.8 thousand tons. Scrap deliveries to metal companies decreased by 47.1%, to 583.5 thousand tons. Scrap stocks are estimated at less than…Details