In January-June, Ferrexpo income decreased by 31% YoY, to $936 million. Net profit fell by 88%, to $82 million. EBITDA decreased by 44%, to $486 million. Pellets manufacture totaled 4.79 million tons, down by 14%. Sales dropped by 21%, to 4.37 million tons. (Ukrainian metal)
Since the start of the Russian invasion, Metinvest has provided the Ukrainian Armed Forces with almost 500 drones. Thus, the group has purchased DJI Air 2S Fly More Combo, DJI Air Mavic 3 Fly More Combo and Autel drones. Some models have the operation distance of 24 km and the flight height of 1 km.…
Kametstal has asked the Prime Minister Denys Shymhal to help – due to the difficulties with logistics and the drop in metal world prices the company is working at a third of its capacities. The company has resources enough for three months of operation. And if nothing is made to stimulate manufacture, the company operation…