Iron ore

IRC made the loss of $38.7 million in 2019

IRC Ltd has reported about the loss of $38.7 million in 2019.

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Korshunovsky GOK increased production volume in February

In February 2020, Korshunovsky GOK (part of Mechel group) showed an increase in production indicators relative to the same period of the previous y

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Zaporozhye iron ore combine increased ore production in January-February

In January-February 2020, Zaporozhye iron ore plant increased production of commercial iron ore by 1.4% to 749 thousand tons compared to the same p

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Yuzhny GOK of Rinat Akhmetov and Roman Abramovich reduces output of iron ore concentrate by 8%

In January-February, Yuzhny mining and processing plant (YuGOK) reduced itsoutput of iron ore concentrate by 8.1% compared to the same period of th

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Konstantin Zhevago's Ferrexpo increases its net profit by 20%

In 2019, mining company Ferrexpo with assets in the Ukraine made the net profit in the amount of $403.293 million, which is by 20

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In 2019, Metalloinvest's net profit increased by 5.1%

In 2019, the Metalloinvest's net profit under IFRS amounted to $1.731 billion, increased by 5.1% compared to 2018, as it follows fromthe compan

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Petropavlovsk sells 29.9% in iron ore IRC for $ 10 million

The gold mining company Petropavlovsk plc (Petropavlovsk Group of Companies) has entered into a preliminary agreement to sell 29.9% in the iron ore company IRC to the investment company Stocken, re

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In the first two months of this year, Zhevago and Akhmetov increased export of Ukrainian iron ore through seaports by 41%

In January-February, the Ukrainian seaports increased cargo transshipment for the mining and metallurgical complex.

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Nikopol ferroalloy plant reduces production by more than a third

In January, Nikopol ferroalloy plant reduced production of ferroalloys by 36% to 41.92 thousand tons compared to the same period a year earlier.

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In January, production of rolled products in Ukraine increased by 7%

In January, mining and metallurgical enterprises of the Ukraine reduced production of steel and cast iron, but increased production of rolled products, Ukrmetallurgprom reports.

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