Metinvest continues supporting the defenders of Ukraine. Lately, two more module shelters have been sent to the Avdiivka area. The shelters were produced at the Kriviy Rih enterprises of durable steel. They can be easily disassembled and relocated. Each shelter has beds, special compartments for weapons and the removable floor. There is also a place…
In 2022, ferrous rolled metal in Ukraine increased in price by 21-28% YoY. According to Sergey Kovalenko, director of the National network of metal centers Vartis, the increase was due to the Russian invasion and inflation rate growth. The war has also affected demand and manufacturing capacities. In the second half of February 2023 or…
In November, Ukraine procured 10.8 thousand tons of scrap, down by 76% MoM. Procurement has been falling for two months in a row. While in September it amounted to 48 thousand tons, in October it dropped to 45.3 thousand tons. In January-November, Ukraine procured 886.1 thousand tons of scrap, down by 76.6% YoY. The decrease…
In November, Ukraine increased pig iron exports by 8.3% MoM, to 78.3 thousand tons valued at $28.51 million, up by 20.3%. According to the State Customs Service, in annual comparison exports decreased by 70.9% and by 77.7% respectively. In January-November, exports totaled 1.23 million tons, down by 57.8% YoY. In monetary terms exports have decreased…
Ukrainian border guards have received a large batch of equipment under the Steel Front Initiative. In particular, Metinvest provided 40 Mavic 3 and Mavic 2 drones, 10 heat imagers, three cars and 120 tons of metal structures. The total value of the aid is around 10 million UAH. (Ukrainian metal)
In November, Ukraine exported 783.2 thousand tons of iron ore, down by 26.8% MoM and by 80.2% YoY. In monetary terms exports have decreased by 29.9% MoM and by 76.8% YoY, to $72.6 million. In January-November, exports totaled 23.2 million tons valued at $2.84 billion, down by 42.9% and by 57.1% YoY respectively. While in…
Ukrzaliznytsia has successfully held two auctions to sell scrap with the combined weight of 326.93 tons for 1.36 million UAH. Average price was 4.16 thousand UAH per ton. The scrap was bought by Ukrmet-Invest LLC. Ukrzaliznytsia intended to sell 38 lots of 20.54 thousand tons for 82.08 million UAH. Most of the auctions were not…
Metinvest Group has provided 3,000 bulletproof vests and 250 helmets to the National Guard in Zaporizhzhya region. The armor plates have the defence class of 4+. Each 10th bulletproof vest protecting Ukrainian defenders has been produced of Metinvest steel or bought by the company. Since the start of the Russian invasion, the group has provided…