Ingulets Mining received permission to carry out blasting operations in the quarry

The Ingulets Mining and Processing Plant (Ingulets GOK) received a permit to carry out blasting operations in the pit for a period of five years. It is stated in a message on the Metinvest Kryvyi Rih Facebook page.

Currently, the most complex type of work will be performed at Ingulets GOK independently, without the involvement of subcontractors. This will save the company almost half a million UAH at current production volumes.

These works will be taken care of by the explosive division, which was recently created at the enterprise. More than 40 employees of the Ingulets GOK set up the new profession – after mastering the theory, they spent two months practicing at the Poltava Mining and Processing Plant, where they have extensive experience in this field.

As GMK Center reported earlier, in March 2023, during the period of partial recovery of production, Ingulets GOK carried out repair work in parallel with iron ore mining and concentrate production. Since the beginning of 2023, 192 pieces of equipment have been repaired in the plant’s structural divisions, and maintenance has been performed on 261 pieces. Major repairs were carried out at ore beneficiation factories.

Also, the Northern Mining and Processing Plant improves quality of iron ore concentrate for the production of pellets. At the iron ore beneficiation plant (ROF) №1, a technological chain for the production of iron ore concentrate with an iron content of 68% from the iron ore of the First May Quarry was established. Thanks to the project, the company also got the opportunity to enter new sales markets of iron ore.

  • Global Market

The price of CBAM certificates is not expected to change significantly in Q2 – forecast

The price of CBAM allowances in the second quarter of this year is likely to…

Tuesday June 23, 2026
  • Global Market

The Chinese steel market is experiencing a prolonged downturn in demand – experts

The Chinese steel market is experiencing a prolonged slowdown in demand rather than a sharp…

Tuesday June 23, 2026
  • Global Market

Japan is imposing anti-dumping duties on imports of stainless steel from China and Taiwan

The Japanese Government has announced plans to impose anti-dumping duties on imports of nickel-containing cold-rolled…

Tuesday June 23, 2026
  • Global Market

Global steel production fell by 0.3% y/y in May

Global steel production in May 2026 fell by 0.3% year-on-year to 157.9 million tonnes. This…

Tuesday June 23, 2026
  • Global Market

Nucor has increased the price of hot-rolled coils by $5/t

US steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil…

Tuesday June 23, 2026
  • Global Market

The EBRD is to provide $25 million in funding for the modernisation of the Tashkent Pipe Plant

The European Bank for Reconstruction and Development is providing a loan of up to $25…

Tuesday June 23, 2026