Kachkanarsky Mining and Processing Works has produced the 200-millionth ton of pellets. The anniversary batch was shipped to Evraz NTMK, where pellets are used in pig iron manufacture. KGOK annual output is around 6 million tons of pellets with the Fe content of over 60%. The company started manufacturing pellets in 1970. The first batch…Details
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In January-November Ukraine mined 31.964 million tons of coal, down by 13.6% YoY, or by 5.044 million tons. According to the Ministry of energy and coal industry, energy-generating coal output dropped by 12%, or by 3.55 million tons, to 25.758 million tons, while coking coal – by 19%, or by 1.489 million tons, to 6.206…Details
The new Metinvest strategy program presupposes increasing steel output at the group’s assets. According to the group marketing director Roman Kurashev, this concerns Mariupol Ilyich Iron and Steel Works and Azovstal, the loading of which at present is around 70-80%. “Unfortunately, right now we can’t give them more, as we cannot provide for sufficient deliveries…Details
Ukrainian Center of Steel Construction expects metal structures consumption to grow by 15% YoY in 2017, to 75 thousand tons. At the same time metal constructions output will reach 85 thousand tons. This year manufacturing activity was witnessed at 81% producers, with 46% of the companies increasing output. Most of the exports (85%) went to…Details
Ukrmetallurgprom forecasts that in January 2018 Ukraine will produce 2 million tons of steel, 1.9 million tons of pig iron and 1.8 million tons of rolled metal. According to updated data, in November Ukraine produced 1.87 million tons of steel, 1.83 million tons of pig iron and 1.6 million tons of rolled metal. A slight…Details
In 2018 Metinvest SMC will start constructing a large distribution center in Dnepr with the capacity of 40 thousand tons of metal. “This will allow us to concentrate on that site a number of items, which are periodically in demand”, the company CEO Dmitry Lippa noted. According to him, thus Metinvest will be able to…Details
Metinvest will develop coated rolled metal manufacture together with Unisteel Ukraine LLC in the city of Kriviy Rih. According to Metinvest-SMC marketing director Roman Kurashev, the plant’s capacities are around 100 thousand tons of galvanized sheets per year. “Unisteel will be commissioned this year. In a couple of days it will start operating. The company…Details
In November Ukrainian metal companies received 2.5 million tons of iron ore raw materials, on the October level. At the same time coal supplies dropped by 14% MoM, to 1.12 million tons. Coke deliveries were on October level at 965 thousand tons. Imported coal share was 78%, and coke – 13.8%. In January-November metal and…Details
In November Ukrainian metal companies consumed 165 million cubic meters of gas, up by 10% MoM. According to Ukrmetallurgpromgas, in 11 months gas consumption grew by 3% YoY, to 1.6 billion cubic meters. Metal companies also consumed 10.5 billion kW-h of electricity, down by 11%. (Ukrainian metal)Details
In November Ukrainian metal companies were supplied with scrap at 96%. According to Ukrmetallurgprom, last month scrap-procuring companies prepared 318 thousand tons, up by 2% MoM. Of this volume local metal companies received 270 thousand tons, while 48 thousand tons were exported, up by 20% MoM. In January-November out of 3.4 million tons of scrap…Details
Metinvest analysts believe that in 2018 the average price of hot-rolled coils will be $517 per ton as opposed to $503 in 2017. According to Metinvest-SMC CEO Dmitry Lippa, steel billets prices will increase to $459 per ton from $431. Iron ore raw materials will cost $71 per ton (in 2017 – $65). At the…Details
In January-October Russia imported 5.555 million tons of ferrous metals, up by 1.49-fold YoY. Far foreign countries supplied 1.967 million tons, while CIS countries – 3.588 million tons, up from 1.296 and 2.438 million tons in 10 months of 2016 respectively. Imports of ferrous metals not counting pig iron, ferroalloys, waste and scrap also grew…Details
ArcelorMittal Kriviy Rih has purchased 4 large BelAZ dump trucks valued at $24 million. According to the company statement, the lifting capacity of each machine is 136 tons. Having made the purchase the company has renewed its large machinery fleet by half. “Regular arrivals of new trucks allow us to considerably increase output”, the company…Details