Since the beginning of the Russian invasion, Metinvest logistics expenses on the transportation of iron ore abroad have grown almost 3-fold. “While before the war our logistics from Kryvyi Rih to China cost $35-40, now it’s $125-130 per ton of raw materials. And that’s the most economically profitable route – the Danube and the Port…
Interpipe Dneprovskiy Vtormet intends to expand its scrap sales markets by attracting new iron and steel works in its customer base. The main risks for the company during the war are unstable economical situation in the country, competition, drastic scrap price decrease and the shortage of raw materials. The company also notes manufacturing risks linked…
In January, Ukrzaliznytsia increased iron ore transportation by 45% MoM, to 1.14 million tons. “After April 2022, when we transported 2.3 million tons of ore, volumes had been decreasing: in November-December 2022 they totaled 770-780 thousand tons of exports. But in January, we had good news: we transported 1.14 million tons, up by 358 thousand…