The nationalized Mykolaiv Alumina Plant, belonging to the Russian oligarch Oleg Deripaska before the invasion, is yet unable to fully resume operation. “The plant is managed by the State Property Fund. We maintain its operating condition. Now its operation is suspended due to the blocking of Mykolaiv seaports and the danger of shelling. All this…
The State Property Fund explained why the Demurinsky Mining and Processing Works LLC was not auctioned together with the United Mining and Chemical Company JSC. The key reason was the preparedness for privatization. UMCC was already prepared for the auction, while adding DGOK would have delayed the process. Moreover, consultations with promising buyers showed that…
This year, Ukraine intends to increase steel output by 1 million tons, to 7.2 million tons. “If the situation doesn’t get worse (for which we all hope), this year steel output of not less than 7.2 million tons of steel can be expected. We finished 2023 with 6.2 million tons. Thus, an increase can amount…
The repeated auction to sell 97.5458% of shares of the Zaporozhye Aluminum Combine JSC with the reduced starting price of 75.93 million UAH, scheduled for August 22, was not held. The hybrid Dutch auction was canceled due to lack of bidders. The initial auction with the starting price of 151.86 million UAH was scheduled for…
In January-July, global steel output decreased by 0.71% YoY, to 1107.24 million tons. China remains the leader with 613.72 million tons of steel produced, down by 2.2%. China’s share in global steel output is 55.4%. Ukraine produced 4.58 million tons of steel, up by 33.61%, and remained on the 21st place among 71 steel manufacturers.…
In January-July, Georgia’s trade turnover with Turkiye amounted to $1.81 billion. Imports increased by 16.8%, to $1.52 billion, and exports by 8.2%, to $289.77 million. In particular, Georgia imported 41478 tons of steel pipes, up by 81.8%. In monetary terms, imports grew by 58.5%, to $35.72 million. (Ukrainian metal)
The Cabinet of Ministers of Kyrgyzstan intends to impose a temporary ban on the export of coal by road. The corresponding draft document was published on the Single Portal for Public Discussion of Draft Regulatory Legal Acts of the Kyrgyz Republic and submitted for public discussion. The draft resolution states: to impose a temporary ban…
The so-called Ministry of coal and energy of the Donetsk People’s Republic, terrorist organization created and supported by Russia, has announced starting paying salaries for April-June. Indeed, social networks show less critical comments from local miners. At the same time, profile groups still report wage delays. (Ukrainian metal)