Ukrzaliznytsia JSC is prepared to sell up to 20 thousand tons of scarp per month via the Prozorro.Sales from March, thus resuming stable scrap sales on Ukrainian market after an almost half a year break. According to the company board chairman Yevhen Lyaschenko, Ukrzaliznytsia suspended scrap sales over normative changes. “We are waiting for the…
The State Property Fund will put the nationalized Zaporozhye Aluminum Works for another privatization. According to the fund head Vitaliy Koval, the new owner will be able to change the activity of the enterprise. “Unfortunately, we have to admit, that the company is not in a very good state. It’s a pity to see in…
In March, Zaporozhye Ferro Alloys Works intends to remain idle due to persisting high prices for electricity and low global ferroalloy prices. According to the company board chairman Pavlo Kravchenko, electricity prices do not fall, while global ferroalloy prices are not expected to grow. “We cannot say now that manufacture will be resumes in the…
Stalkanat PJSC (Odesa) is experiencing delays with shipping its products to European customers due to the border blockade in Poland. According to the company CEO Sergiy Lavrinenko, around 50% of products are exported. “We are worried,” he said. He added, that some customers were forced to stop buying company products due to overdue supplies. (Ukrainian…
The procedure for applying discounts on the purchase of precious metals has been further improved. Specifically, interest will not be calculated on payments made within 30 days. For payments made within 180 days, interest will be calculated at the main rate of the Central Bank. The Presidential Decree “On Measures to Create Favorable Conditions for…
During the visit, Kazakh President Kassym-Jomart Tokayev was informed about the current production state and development prospects of the Ust-Kamenogorsk titanium-magnesium plant. The plant is among the world’s major vertically integrated manufacturers of titanium sponge, ingots and alloys with a full production cycle from raw material extraction to end-product output. The plant’s production structure includes…
Net profit of Kumtor Gold Company CJSC last year amounted to $302.4 million with the plan of $194 million. Revenue of Kumtor Gold Company from production activities in 2023 amounted to $849 million with the plan of $734.2 million. Last year the company sold a total of 13,577 kilograms of gold. At least 17,241,071 billion…
In 2023, the European Union decreased iron ore imports from third countries by 11% YoY, to 72.75 million tons. Imports have been decreasing for the second year in a row. Thus, in 2022, imports amounted to 81.72 million tons, down by 12.7%, while in 2021 – 93.58 million tons, up by 20.2%. Ukraine was the…