Because of high railroad tariffs, it’s unprofitable for Ukrainian manufacturers to ship ore to China. “Ukrainian railroad tariffs are very high. Tariffs in Europe are even higher. Combined, they make it unprofitable for us to ship ore to China,” Metinvest CEO Yuri Ryzhenkov has said. According to him, Ukrainian ore producers were forced to decrease…
In May, Almalyk Mining and Processing Works launched a new site in its pyrro-metallurgical shop to produce metallic molybdenum. Lately, the site has been able to launch the production of metallic molybdenum with the purity of 99.97%. The previous record was 96.4%. The capacity of the shop is 820 thousand tons of molybdenum products per…
In January-March, Nikopol Ferroalloy Plant increased net profit by 25% YoY, to 424.4 million UAH. Net income grew by 0.4%, to 175.9 million UAH. Undistributed profit as of late March totaled 8.5 billion UAH. In Q1, NZF produced 4.96 thousand tons of ferromanganese and 143.5 thousand tons of ferrosilicomanganese. (Ukrainian metal)
