In 2023, Ukraine increased apparent steel consumption by 55% YoY, to 3.4 million tons. According to Worldsteel, there were no Ukrainian companies among the top 50 in 2022-2023, although Metinvest was on the list in 2014-2021. Last year, Ukraine produced 6.2 million tons of steel and occupied the 24th place among global steel producers (in…
TALCO Gold, the daughter company of the aluminum giant, increased its income almost 2.7-fold. Gold manufacture increased. According to the legislation, the volume of the output is kept secret. In January-April, TALCO Gold sold 298.7 million somoni (around $27.3 million) worth of gold and antimony, up by 188.8 million somoni YoY, or by 272%. The…
ArcelorMittal Kryviy Rih has apparently started selling off its assets. Thus, there are talks of the company selling two of its corporate recreation centers – Volna and Mariyanovka. Moreover, until the end of the year AMKR will sell one of its profitless mine to Rudomine, that has already revived its quarry. (Ukrainian metal)