KZHRK increased sinter ore production by 15% m/m in March

In March 2023, the Kryvyi Rih Iron and Ore Plant (KZHRK) increased the production of marketable underground iron ore by 15% compared to the previous month – up to 230,000 tons. It is stated in the corporate newspaper.

On an annual basis, in March 2023, KZHRK increased the production of sinter ore by 7%.

In March 2023, the Ternivska mine produced 60,000 tons of iron ore, which is 20% more than the previous month and 9.1% more than in March 2022. The Kozatska mine increased production by 20% compared to last month, and by 9.1% to the same month in 2022 – 60,000 tons. In March, Pokrovska increased production by 10% m/m and by 22.2% y/y – up to 55 thousand tons. Miners of the Kryvorizka mine increased iron ore production by 15% m/m, but decreased it by 8.3% y/y – to 55 thousand tons.

In January-March 2023, the plant produced 565,000 tons of sinter ore, which is 36.4% less than in the same period of 2022, including:

  • mine Ternivska – 140 thousand tons (-42.9% y/y);
  • Kozatska – 150 thousand tons (-37.5%);
  • Pokrovska – 130 thousand tons (-19.8%);
  • Kryvorizka – 145 thousand tons (-30.1%).

The company’s production plan for production of commercial iron ore in February 2023 was completed by 95.8%. Kryvorizka mine failed to meet the production plan by 15.4%.

Production results of KZHRK in 2023

As GMK Center reported earlier, in 2022 KZHRK reduced production of underground iron ore by 33.3% compared to 2021 – to 2.89 million tons.

In the 12 months of 2022, the Ternivska mine produced 770,000 tons of marketable iron ore (-34% y/y), Kozatska – 783,000 tons (-29.1% y/y), Pokrovska – 582 thousand tons (-10.2% y/y), and Kryvorizka – 753 thousand tons (-46.6% y/y).

Kryvyi Rih Iron Ore Plant (KZRK) is the largest producer of sinter ore in Ukraine. Most of its production volume is exported to Eastern Europe. KZHRK operates four underground mines. Its reserves amount to 210 million tons of rich iron ores, 58.6% Fe.

  • Global Market

India considers increasing protective duty on steel imports to 24%

The Indian government is assessing the possibility of raising the safeguard duty on steel to…

Tuesday June 3, 2025
  • Global Market

Iron ore prices fell by 2% last week

Last week, from May 24 to 31, 2025, global iron ore prices showed a downward…

Tuesday June 3, 2025
  • Industry

Cargo owners have identified key problems when working with Ukrainian Railways

The biggest problems of cargo owners during rail transportation are the inflexibility of pricing by…

Tuesday June 3, 2025
  • Global Market

EU may speed up tariffs in response to US duties

The European Union is preparing for another round of trade talks with the United States.…

Tuesday June 3, 2025
  • State

Hetmantsev advocates currency liberalization of the National Bank

Currency restrictions imposed by the National Bank of Ukraine (NBU) should be gradually adapted to…

Tuesday June 3, 2025
  • Global Market

Eurozone inflation slowed to 1.9% in May

Inflation in the euro area in May 2025 increased by 1.9% compared to the same…

Tuesday June 3, 2025