ArcelorMittal Kriviy Rih begins a complex reconstruction of its blast furnace No. 9 valued at $270 million. Following the reconstruction the blast furnace will reduce dust emission. Now the furnace produces 9200 tons of pig iron per day. After reconstruction it will use not only sinter but also pellets as raw materials. Pig iron output…Details
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Interpipe Steel has asked the Prime Minister Denys Shmyhal to prohibit the export of scrap until December 31, 2023. “Scrap is the main raw material for our operation. We depend on its availability”, the company said on its page in Facebook. According to it, the scrap procurement in Ukraine is rather complex. In 2020, procurement…Details
On July 12, the Prime Minister of Ukraine Denys Shmyhal and Vice-President of the European Commission Maros Sefcovic paid a visit to the town of Irshansk, Zhytomyr region, where they got acquainted with the production of the Irshansky Mining and Processing Works of the United Mining and Chemical Company (UMCC). The Irshansky Mining and Processing…Details
The State Expertise Office of Russia has approved design documentation of the first stage of the Kundumi deposit development in Khabarovsk region. The deposit will be developed by Okhta Mining and Geological Company. During the first stage, around 200 thousand tons of ore will be extracted each year. In Q1, the company extracted 103.8 thousand…Details
The Ukrtruboprom Association has asked the Prime Minister Denys Shmyhal to prohibit the export of ferrous scrap until the end of 2023. In his letter the association CEO Georgy Polskiy said, that in 2020 the Ukrainian pipe industry was in a difficult situation. Because of the drop in oil prices and coronavirus limitation, consumption of…Details
Ukrmetallurgprom has asked the Prime Minister Denys Shmyhal to temporarily prohibit the export of scrap. The association letter says the revival of the economy has resulted in a sharp increase of raw materials prices, including ferrous scrap. In a year, the price of scrap grew almost 2-fold, from $265 per ton to $468 per ton.…Details
In January-June, the Pivdenniy Seaport handled 24.7 million tons of cargo. Exports accounted for 19.31 million tons, imports – 3.1 million tons, short-sea traffic – 44 thousand tons and transit – 2.256 million tons. In particular, the port handled 14.536 million tons of ore and 1.417 million tons of coal. (Ukrainian metal)Details
In January-June, Ferrexpo increased DR-pellets output by 28% YoY, to 135 thousand tons. In Q2, output totaled 85 thousand tons, up by 70% QoQ, but down by 13% YoY. Overall pellets manufacture decreased by 0.6% YoY, to 5.6 million tons in H1, with 2.8 million tons produced in Q2, down by 0.8% YoY, but up…Details
Since the start of the alluvial gold season, Retkon has extracted 92.6 kg of gold in Irkutsk region, down by 35% YoY. In May-June 2020, the company yielded 142.5 kg of alluvial gold. The reason of the decrease has not been revealed. This year, the company intends to extract up to 600 kg of gold.…Details
The State Expertise Service has approved the design documentation for the first stage of the Kundumi gold ore deposit development. In 2020, Russia registered 110 new gold deposits with the combined reserves of 145.394 thousand tons. The reserves of the Kundumi deposit in Khabarovsk region are estimated at 14.467 tons. The design output is 200…Details
Ukrainian Railways has concluded an agreement with Interpipe NTZ on the delivery of solid wheels valued at 135.66 million UAH. The company has to supply 4,394 railroad wheels at 30,876 UAH apiece ($1,136). In December 2020, Ukrzaliznytsia paid 31,200 UAH per wheel ($1,095). (Ukrainian metal)Details
In January-June, Ferrexpo increased railroad deliveries to the EU by 69.1% YoY, to 1.9 million tons. Deliveries to ports, on the other hand, dropped by 23.8%, to 3.8 million tons. As a whole, the Zolotnishino station shipped 5.7 million tons of iron ore, down by 6.3% YoY. (Ukrainian metal)Details