Daily Archives: 11.05.2022

Ukraine: Ferrexpo suspends investment program

FerrexpoBy admin 11.05.2022 Leave a comment

Ferrexpo has announced the suspension of capital investments in increasing output volumes by 25% for the duration of the war. When the situation improves, the projects will be resumed. In three years, pellets output is expected to grow by 3 million tons. Ore extraction will increase from 125 million tons in 2020 to 265 million…

Ukraine: Metinvest to increase exports to USA

Metinvest Group of CompaniesBy admin 11.05.2022 Leave a comment

Metinvest Group can increase exports of metal products to the USA after the latter’s decision to temporarily cancel the 25% duty on steel. Still, there are trade limitations in the USA on almost all rolled metal produced in Ukraine (hot-rolled coils, plates, rods, welded pipes, seamless pipes, rebars, wire rod and wire). “That is why…