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In January-August, Ukraine decreased steel output by 22.3% YoY, to 4.032 million tons. According to Ukrmetalurgprom, pig iron manufacture dropped by 24.1%, to 3.908 million tons. Ukraine also produced 3.406 million tons of rolled metal, down by 23.9%. (Ukrainian metal)
DetailsThe State Property Fund has sold the Murafskiy quarry in Vinnytsia region for 25 million UAH. Three investors participated in the trade. As a result of the auction, the initial price grew 5-fold. In addition to 25 million UAH, the winner of the auction has to pay more than 11 million UAH of the company…
DetailsIn January-August, Almalyk Mining and Processing Works exported products valued at $465.43 million, up by 0.4% from the forecast. In particular, the company exported 37,736 tons of copper and 25,688 tons of zinc. Molybdenum products exports increased by 25.8%, rhenium by 44% and cadmium by 41%. (Ukrainian metal)
DetailsThe number of employees at Kumtor gold mine has grown by 33%, or by 1,156 people over four years. Since 2017, the enterprise has taken a course to reduce the cost of gold production, including gradually reducing the staff in order to reduce administrative costs. As a result, in 2019, 3,467 people worked at Kumtor:…
DetailsFirst Deputy Prime Minister Roman Sklyar denied the rumors on transfer of ArcelorMittal Temirtau to Severstal, Russia’s largest mining company. Journalists asked Sklyar whether any negotiations were held with Severstal on transfer of ArcelorMittal Temirtau. “That’s not true. There are no negotiations on this issue. Do not believe these rumors,” he said. “The company (ArcelorMittal…
DetailsUkrzaliznytsia asks the government to relieve it of the obligation to sell ferrous metals scrap via the Prozorro system. The company wants to sell scrap by directly concluding agreements with potential customers. At present Ukrzaliznytsia is obliged to announce tenders in Prozorro to sell scrap under closed trades, where the main criterion is the highest…
DetailsA court has satisfied a claim of the State Bureau of Investigations on the confiscation and transferring metal products valued at 3 million UAH produced by the Russian Cyberstal to the Asset Recovery and Management Agency (ARMA). The metal products were stored at the Ukrainian customs warehouses before the large-scale invasion. The customer was a…
DetailsSeverniy Mining and Processing Works ore-processing factory No. 1 has developed a manufacturing chain to produce iron ore concentrate with the iron content of 68% from the Pershotravneviy Quarry ore. Thanks to the project, the enterprise improved pellets quality and obtained an opportunity to enter new iron ore raw materials sales markets. Both stages of…
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