The State Investigation Bureau has finished the pre-trial investigation of the embezzlement of almost 400 million UAH of budget means by officials of the Poltava Mining and Processing Works. In 2019-2021, the management of the plant illegally used minerals of the state significance. Without the special license to use subsoil, they illegally sold minerals for…
Uzbekistan put into operation the Enpipe enterprise in the Karakul free economic zone (Bukhara region). According to the Uzbek president’s office, the project worth $58 million was implemented entirely at the expense of foreign investments. At the same time, the enterprise employs more than 400 people. Modern equipment from China, Turkiye, the Netherlands and Spain…
On June 3, the president of Uzbekistan signed a decree to cancel the exclusive rights previously provided to certain enterprises. This is a part of obligations to the World Trade Organization. From next year Uzmetkombinat JSC will not have an exclusive right to purchase ferrous metals scrap and waste within the country, while Uzvtorzvetmet JSC…
On June 5, due to a technological failure at a substation, two mines were cut off grid in Dniepropetrovsk region. According to the Ministry of Energy, miners remained underground, and the mines were soon connected to grid. Moreover, in Donetsk region mines were cut off grid due to enemy shelling. 317 people were underground. All…
In January-May, Zaporizhstal increased rolled metal output by 47.4% YoY, to 1.048 million tons. Steel manufacture grew by 45.4%, to 1.249 million tons, and pig iron by 36.3%, to 1.29 million tons. In May, Zaporizhstal produced 240 thousand tons of pig iron, 240.2 thousand tons of steel and 204 thousand tons of rolled metal. (Ukrainian…
In January-May, Ukrzaliznytsia increased transportation of cargo by 30% YoY, to 75.4 million tons. Export transportation grew by 57%, to 38 million tons. Transportation of iron and manganese ore amounted to 19.3 million tons. Moreover, Ukrzaliznytsia transported 11.8 million tons of coal. (Ukrainian metal)
The United States has prolonged the temporary suspension of duties on Ukrainian steel for another year. In 2023, Ukrainian steel accounted for less than 1% of all US steel imports. Last year, imports decreased compared with 2022 and were below even than the average imports in 2021. According to the first vice prime minister, minister…
Kazakh Prime Minister Olzhas Bektenov met with Xi Zhengping, chairman of the board of China Nonferrous Metal Mining Co. Ltd to discuss copper industry cooperation. Following the meeting, the parties signed an agreement on constructing a copper mill with a capacity of 300,000 tons a year near Aktogai village in Abai region. A cluster will…