In June, Ukrzaliznytsia transported 378 thousand tons of ferrous metals for export, down by 19.9% MoM, but up by 18.1% YoY. In June 2021, 1.24 million tons were exported via railroad. In January-June, Ukrzaliznytsia decreased ferrous metals exports by 62.2% YoY, to 2.32 million tons. From January to May, there was a trend of exports…
In January-June, Ukraine decreased steel manufacture by 62.3% YoY, to 2.829 million tons. According to Ukrmetalurgprom, pig iron output dropped by 62.5%, to 2.836 million tons. Production of rolled metal went down by 59%, to 2.375 million tons. (Ukrainian metal)
Only a small part of destroyed enemy war machines could be used as scrap for steel manufacture, Metinvest CEO Yuri Ryzhenkov believes. “Some think, that you can just take all this, smelt it and make new metal or machines, but it is not so. The remains are a very complex story, as that metal has…
According to the World Gold Council, in May, Uzbekistan ranked second globally in gold sales. Worldwide central bank gold and currency reserves dropped by 27 tons, with precious metal sales declining by over half compared to April. Uzbekistan sold 11 tons of gold internationally in May, surpassing Kazakhstan and Germany by 5.5 times. Turkey remained…
The Pecherskiy Court of Kyiv has ruled to place top managers of Poltava Mining and Processing Works and a straw company into a pre-trial detention center with the alternative of a bail. All the six are suspected of embezzlement. The organizer of the criminal scheme has to pay 60 million UAH, and the rest –…
