According to Worldsteel, in January-August, global steel output amounted to 1251.07 million tons, down by 1.54% YoY. The leader is China with 691.41 million tons, down by 3.3%. Its share in the global steel output is 55.3%. Ukraine produced 5.27 million tons of steel, up by 30.79%, having gone up from the 21st place to…
ArcelorMittal Kryvyi Rih has announced a decrease in output due to the worsening of the market situation. The company has faced a number of serious challenges, among which are a drop of global iron ore prices, stagnation of European markets and high electricity prices in Ukraine. Decrease in output will not result in personnel firing.…
Two employees of Pokrovskoye Mine Group perished and two were wounded during the Russian shelling of the industrial site of the enterprise. The attack was carried out at 22:10 on September 21. All the employees were immediately taken to the hospital. (Ukrainian metal)
Uzbekistan produced 4.3 million tons of coal from January through August. Coal production increased by 16.2% YoY. The country’s coal production reached 900,000 tons in August, up from 800,000 tons in July. (Trend)
In January-July, large enterprises produced 993.7 tons of aluminum wire in Uzbekistan. This production volume has increased by 17.9% compared to the corresponding period of 2023. In July, large enterprises produced 106.4 tons of aluminum wire. (Statistics Agency)
A group of 11 companies indulged in metal processing and special equipment manufacture has relocated to Zakarpatskiy region. Some assets have already been placed in Uzhhorod. “This is a family business managed by the Shufani family. All the enterprises of the corporation are interlinked and produce almost everything: there are two pipe works, enterprises that…
Zaporizhstal intends to retain stable supplies of flat rolled metal in September. The drop in exports is compensated for by increases in deliveries to the domestic market. Thus, in September Zaporizhstal plans to ship around 210 thousand tons of flat rolled metal, on par with the August results. Deliveries to the domestic market will increase…
In January-August, Georgia’s trade turnover with Turkiye, its largest trade partner, amounted to $2.08 billion. Exports stood at $323.53 million, up by 10.3%, and imports at $1.76 billion, up by 6.9%. In particular, imports of steel pipes amounted to 48424 tons, up by 79.1%, valued at $41.61 million, up by 56.1%. (Ukrainian metal)