Inhulets Mining and Processing Plant (Kryvy Rih, Dnipropetrovsk region), part of Metinvest Group, in 2020 increased output of iron ore concentrate by 4% compared to 2019, to 12.858 million tonnes.
According to the audited consolidated financial results released by the company on Tuesday, work was carried out last year to modernize the transport infrastructure.
Completion of the construction of a new cyclical flow technology at Inhulets plant is planned in the second half of 2021.
The enterprise specializes in extraction and processing of ferruginous quartzites of Inhulets deposit, located in the southern part of the Kryvy Rih iron ore basin. It produces two types of iron ore concentrate with an iron content of 64.8% and 67%.
The production capacity is 14 million tonnes of iron ore concentrate per year.
Inhulets Mining and Processing Plant is part of Metinvest Group, the main shareholders of which are PrJSC System Capital Management (SCM, Donetsk, 71.24%) and the Smart-Holding (23.76%).
Metinvest Group’s management company is Metinvest Holding LLC.
Ukraine in January-April 2018 increased exports of steel-making pig iron in natural terms by 87.7% compared to the same period last year, to 1.023 million tonnes.
According to customs statistics released by the State Fiscal Service of Ukraine, during this period exports of pig iron in monetary terms increased by 2.2 times, to $339.946 million.
At the same time, exports were mainly carried out to the United States (47.66% of deliveries in monetary terms), Italy (19.33%), and Turkey (10.94%).
Ukraine in January-April 2018 imported 414 tonnes of similar products for $256,000, whereas in January-April 2017 some 1,022 tonnes for $522,000. Imports were carried out from Russia (67.97% of deliveries in monetary terms), and Germany (32.03%).
