In January-April, Ukraine procured 563.4 thousand tons of metal scrap, up by 53.7% YoY. Local deliveries to metal plants grew by 52.3%, to 446 thousand tons. Exports increased by 54.9%, to 87.4 thousand tons, while imports went up 5-fold, to 0.36 thousand tons. In 2023, Ukraine increased scrap exports by 28% YoY, to 1.277 million…
The number of employees at Metinvest has decreased by 4.8 thousand people due to staff outflow and mobilization. Now the group offers around 4 thousand jobs. “2022 was the worst year in Metivest’s history. When the marine export resumed in 2023, we started increasing the capacity of our enterprises. Thus, last year we didn’t fire…
Ferroalloy plants mull the possibility of resuming manufacture after a halt in October 2023. According to the director of the Ukrainian Association of Ferroalloy Manufacturers Serhiy Kudryavtsev, there are no decisions as yet, but the situation is being evaluated. “The situation is being analysed. All the options are being developed, but no decision has been…
In January-April, Ukraine increased revenue from the exports of ferrous metals by 16.56% YoY, to $959 million. According to the State Customs Service, ferrous metals accounted for 7.14% of all export revenue, up from 6.18% last year. In April, ferrous metals exports brought $207 million to Ukraine. In January-April, Ukraine increased ferrous metals import by…
In April, Ukraine exported 3.41 million tons of iron ore, up by 2% MoM and 2-fold YoY. Revenue totaled $265.23 million, down by 14.6% MoM, but up by 41.3% YoY. In January-April, Ukraine exported 12.41 million tons of ore, up 2.3-fold. Export revenue grew by 90.8%, to $1.13 billion. Most ore was shipped to China…
