In 2019 the Metinvest Group paid 21.1 billion UAH of tax to budgets of all levels, down by 5% YoY. In particular, the profit tax totaled 7.7 billion UAH, down by a third. Moreover, the group has also paid 1.9 billion UAH for subsoil use (+28%), 4.2 billion UAH of social single payment (+36%) and…
ArcelorMittal Kriviy Rih has started conducting hot tests of its new twin ladle furnace and continuous casting machine No. 2 At the same time the company is brining its CCM No. 3 to design capacity. The construction of two new twin ladle furnaces and CCMs Nos. 2 and 3 with the combined design capacity of…
Ukrainian companies have almost exhausted their individual quota to supply rebars to the European Union till July 30. So far 154.87 thousand tons have been exported of the allowed amount of 157.78 thousand tons. Thus, the quota has been 98.15% fulfilled. Having exhausted their individual quota, Ukrainian companies could export rebars to EU via global…
In January Interpipe Steel decreased steel output by 8% YoY, to 65.2 thousand tons. At the same time compared with December 2019 manufacture grew by 14%. In 2019 Interpipe steel produced 854.5 thousand tons of steel, down by 4.2% YoY. (Ukrainian metal)
In January Kazakhstan produced 343,322 tons of steel, up by 54.5% YoY. According to the statistics committee of the Ministry of National Economy, flat rolled metal output grew by 147.6%, to 173,117 tons. Kazakhstan also produced 189,621 tons of ferroalloys, up by 5%. (Ukrainian metal)
Employees of two shops have started a strike at the Alchevsk Iron and Steel Works, situated in Lugansk region, a part of which is occupied by Russia-backed separatists. The strike began due to wage arrears. In particular, the blast furnace and the railroad shops went on a strike. Wives of the employees intend to strike…
Chelyabinsk Iron and Steel Works has produced almost 500 tons of rebars for the construction of a Leroy Merlin mall in Novosibirsk. The size of the mall will be 10-15 thousand square meters. This will be the fourth site of the company in Novosibirsk. (Ukrainian metal)
In 2019 Izhstal increased exports to CIS by 8% YoY, to 31 thousand tons. The company exports rolled metal to Kazakhstan, Belarus, Azerbaijan, Armenia, Moldova and Uzbekistan. Metal is shipped via various Mechel subsidiaries. Belarus accounts for 45% of exports. (Ukrainian metal)