The Cabinet of Ministers has allowed Ukrzaliznytsia to use a 37.6-million euro loan from France to buy rails. The funds will be provided with the interest rate of 0.0161% for 35 years with the grace period of 14 years. The money will be spent to buy French rails and deliver them to Ukraine. As a…
The United Mining and Chemical Company, managing the Vilnohirsk Mining and Processing Works and Irshansk Mining and Processing Works, will improve its attractiveness for privatization by expanding its resource base. Some trials are underway to return some titanium deposits and recall licenses from other companies. But redistributing deposits and obtaining licenses is a complex process.…
In January-June, global steel output totaled 943.9 million tons, down by 1.13% YoY. Ukraine produced 2.83 million tons of steel, down by 37.77% YoY, remaining on the 25th place among the 64 manufacturers. China was the largest steel producer, having manufactured 535.64 million tons of steel, up by 1.3%. (Ukrainian metal)
