In April-June, Ferrexpo decreased iron ore pellets manufacture by 27% YoY, to 2.1 million tons. All the pellets had the iron content of 65%, with 4% of DRI pellets having the iron content of 67%. The drop is due to the Russian invasion of Ukraine and the logistics problems. In H1, sales decreased by 21%,…
For the first time since the start of the war, Interpipe has mastered the production of a new wheel type for the European Union market. The work began before the war. The main order of the customer was a special shape of the wheel disc with the diameter of 840 mm. This is the category…
Because of the problems with shipping of its products and the delivery of raw materials, as well as increased logistics expenses ArcelorMittal Kriviy Rih is forced to reduce wages by a third and output volume. “The war months have become a true challenge for all of us. 1990 of our colleagues are fighting in the…