In August, Ukraine increased steel manufacture by 64.5% YoY, to 602 thousand tons. The country took the 20th place among the 63 global steel producers, according to Worldsteel. Overall August steel output grew by 2.2%, to 152.62 million tons. In January-August, Ukraine produced 4.03 million tons of steel, down by 22.3% YoY. Ukraine was on…
Managers of a mining and processing works have created an illegal scheme of using natural resources valued at 157 billion UAH, the National Police report without naming the enterprise. According to sources, this is Poltava Mining and Processing Works, belonging to Kostyantyn Zhevaho. The police have found out that the enterprise has the license to…
Every three days, trucks loaded with metal scrap leave the territory of Azot in Severodonetsk, the head of the Luhansk Regional Military Administration Artem Lysohor has reported. He said the occupiers were actively cutting machinery that survived Russian shelling for scrap. Last year, Russians shot several propaganda series featuring ex-employees of Azot. In them the…
Three new ships are moving towards Ukrainian ports to be loaded with export products. Thus, the Azara, Ying Hao 01 and Eneida bulkers have confirmed their readiness to use the temporary corridor for civil vessels and are heading for the ports of Pivdenniy and Chornomorsk. Having loaded more than 127 thousand tons of Ukrainian agricultural…
Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Japarov and experts of the International Business Council (IBC) discussed problematic issues of the mining industry. Representatives of the IBC voiced at the meeting with the head of the Cabinet such problematic issues of the industry as a ban on the export of gold-containing ores and…
If Ukrzaliznytsia starts exporting scrap via direct contracts, as its management plans, this will not result in a 2-2.5-fold increase in profit. The maximum margin will amount to $5 per ton. According to the economist Olexii Kusch, the company does not understand the scrap price forming. He says, on the domestic market all expenses from…
In 2023, Centravis intends to increase exports of stainless seamless pipes by 6% YoY, to 12.3 thousand tons. In January-August, exports reached 8.35 thousand tons valued at EUR 96.5 million to 35 countries. The company pays special attention to the European and American markets and is increasing its presence in the Near East and the…
On September 18, Vasiliy Atanasov, co-founder and a shareholder of Centravis, one of the largest manufacturers of stainless steel pipes in the world, died at the age of 88. Atanasov was born in 1935. All his life he devoted to the Nikopol Pipe Works, on the basis of which in 2022 the Nikopol Stainless Pipes…