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Metinvest enterprises continue operating at various levels of capacity, depending on security, personnel availability and electricity supplies, taking into account logistics and economic factors. In August 2023, Ukrainian army opened the Black Sea corridor for trade ships traveling to and from Ukraine. This allowed resuming sea exports of mining and metal products. Thus, Metinvest has…
DetailsIn 2023, Dniprovskiy Iron and Steel Works paid more than 657 million UAH of taxes, up by 64% YoY. VAT amounted to 277.5 million UAH, profit tax – 122 million UAH and other taxes – 257 million UAH. Such a considerable support of the budget was noted by the head of the Verkhovna Rada Committee…
DetailsIt is planned to lift the ban on the development of uranium and thorium deposits in Kyrgyzstan. The bill initiated by the Cabinet of Ministers has been submitted for public discussion. The Ministry of Natural Resources, Ecology and Technical Supervision notes that the current law is aimed at protecting public health, land, water bodies, flora…
DetailsUkrzaliznytsia JSC is prepared to sell up to 20 thousand tons of scarp per month via the Prozorro.Sales from March, thus resuming stable scrap sales on Ukrainian market after an almost half a year break. According to the company board chairman Yevhen Lyaschenko, Ukrzaliznytsia suspended scrap sales over normative changes. “We are waiting for the…
DetailsThe State Property Fund will put the nationalized Zaporozhye Aluminum Works for another privatization. According to the fund head Vitaliy Koval, the new owner will be able to change the activity of the enterprise. “Unfortunately, we have to admit, that the company is not in a very good state. It’s a pity to see in…
DetailsIn March, Zaporozhye Ferro Alloys Works intends to remain idle due to persisting high prices for electricity and low global ferroalloy prices. According to the company board chairman Pavlo Kravchenko, electricity prices do not fall, while global ferroalloy prices are not expected to grow. “We cannot say now that manufacture will be resumes in the…
DetailsStalkanat PJSC (Odesa) is experiencing delays with shipping its products to European customers due to the border blockade in Poland. According to the company CEO Sergiy Lavrinenko, around 50% of products are exported. “We are worried,” he said. He added, that some customers were forced to stop buying company products due to overdue supplies. (Ukrainian…
DetailsThe procedure for applying discounts on the purchase of precious metals has been further improved. Specifically, interest will not be calculated on payments made within 30 days. For payments made within 180 days, interest will be calculated at the main rate of the Central Bank. The Presidential Decree “On Measures to Create Favorable Conditions for…
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