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Daily Archives: 25.02.2021

Ukraine: EMSS sales up in 2020

EnergomashspetsstalBy admin25.02.2021Leave a comment

In 2020, Energomashspetsstal sold 3.32 billion UAH worth of products, up by 71% YoY. Output grew by 37.6%. Exports accounted for 94.4% of all sales. Last year, EMSS sold 21.43 thousand tons of products. This year it is planned to manufacture and sell products worth 3.04 billion UAH. (Ukrainian metal)

Ukraine: mining and metal companies’ loan portfolio up in 2020

metal industryBy admin25.02.2021Leave a comment

In 2020, the loan portfolio of the mining and metallurgical companies increased by 8.5% YoY, to 22.8 billion UAH. Metallurgy accounted for 17.8 billion UAH and mining – 5 billion UAH. Metal companies mostly take loans for 1-5 years (14 billion UAH) in foreign currency, while short-term loans (1 years) constitute a lion’s share in…

Ukraine: Azovstal to spend $7 million on air heaters repair

Azovstal Iron and Steel WorksBy admin25.02.2021Leave a comment

Until the end of November, Azovstal intends to finish the capital repair of two air heaters of the blast furnaces Nos. 3 and 4, begun in February. The cost of each repair is around $3.5 million. Such large-scale repairs are carried out once in 20-25 years. The company is also getting ready for the repair…

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