As of early August, Nikopol Ferroalloy Plant has accumulated a monthly norm of products at its warehouses due to the absence of demand. “We’re selling twice less products than we produce. We need to construct new covered warehouses, as there are no prospects of sales increase”, the company CEO Vladimir Kutsin has said. According to…Details
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In July, Ukraine exported 331.8 thousand tons of pig iron valued at $89.4 million, up by 67.7% and by 43.1% YoY respectively. According to the customs statistics, in January-July exports totaled 1.8 million tons valued at $511.7 million, up by 29.1% and by 12.8% YoY respectively. USA was the main customer (57.02%) followed by China…Details
On August 10, employees of Belarus Iron and Steel Works started a strike against the probable falsification of the president election. In late June, the employees informed their management that on August 10-12 they might stage a strike in case of “unfair elections”. Now they are calling the population to come and join them. The…Details
In July, Dneprovsky Iron and Steel Combine produced 216 thousand tons of steel, up by 1.6% YoY. At the same time, in 7 months output dropped by 2.2%, to 1.56 million tons. In July, DMK produced 346.9 thousand tons of sinter and 197.8 thousand tons of pig iron. In 7 months, the company increased sinter…Details
In January-July, Priisk Solovievskiy increased gold output by 28% YoY, to 1855.1 kg. Alluvial sites and the Solovievskoye deposit in Amur region accounted for the main output. In particular, alluvial sites yielded 1128.7 kg of gold, up by 37% YoY. Output at the Solovievskoye deposit increased by 34%, to 605.3 kg. 121 kg of gold…Details
In 2019, Dneprovsky Iron and Steel Works decreased air pollution by 35.3% YoY. In particular, emissions from the metallurgical site dropped by 41% and from by-product coke site – by 15.6%. In H1 2020, emission from the former decreased by 94% and from the latter – by 3%. (Ukrainian metal)Details
In January-June, Metinvest Group increased steel output by 1% YoY, to 3.963 million tons. In particular, Mariupol Ilyich Iron and Steel Works increased manufacture by 38 thousand tons. Pig iron output grew by 1%, to 4066 thousand tons, with Azovstal increasing output by 97 thousand tons. At the same time, Mariupol Ilyich decreased output by…Details
Azerbaijani President Ilham Aliyev has signed an order to put into operation the Dashkasan iron ore deposit, which is the only iron ore deposit in the South Caucasus with an estimated industrial reserves of around 300 million tons. Under the order, initially $1.76 million (AZN 3 million) will be allocated to AzerGold mining company from…Details
In January-July, Ukraine procured 1.642 million tons of scrap, down by 18.4% YoY. Exports decreased by 53.3%, to 17.2 thousand tons. Imports fell by 73%, to 10.6 thousand tons. (Ukrainian metal)Details
In July, Zaporizhstal produced 343.4 thousand tons of pig iron, up by 3.4% YoY. Steel output dropped by 5.5%, to 304.6 thousand tons, and rolled metal – by 1.8%, to 255.4 thousand tons. In H1, the company produced 2504.7 thousand tons of pig iron, 2119.7 thousand tons of steel and 1804.2 thousand tons of rolled…Details
Chaarat Gold Holdings Ltd produced 26,960 ounces (more than 764 kg) of gold equivalent at its Kapan mine in during the first half of 2020, and expects to produce 55,000 ounces (more than 1559 kg) of gold for the year. The company said it also took several steps to help alleviate the impact of coronavirus…Details
Energomashspetsstal has produced solid upper and lower parts of the turbine frame for the Slavyansk Heat and Power Plant. The weight of each half is over 50 tons. The size of the parts is 7300x4600x2100 mm. Previously the company produced such parts from smaller components and welded them. (Ukrainian metal)Details