In January-August, Ukraine increased ferrous metals imports by 18.3% YoY, to $1.011 billion. In August, imports amounted to $136.48 million. Metal wares exports decreased by 2.8% over 8 months, to $643.227 million, with $85,533 million exported in August. Imports grew by 35.2%, to $697.07 million ($84.99 million in August). (Ukrainian metal)
Ingulets Mining and Processing Works is not operating due to high electricity prices. “With the current prices for electricity I don’t understand how ferroalloy plants can operate. This is also a problem for us. For example, InGOK hasn’t been operating for several months because of high logistics and electricity prices,” Metinvest CEO Yuriy Ryzhenkov said.…
France intends to supply 19 thousand tons of rails to Ukrzaliznytsia. The first batch is expected to arrive in January 2025. The whole lot will allow repairing 150 km of railroads. (Ukrainian metal)
The war with Russia exhausts workforce in Ukraine. Companies try to overcome the acute shortage of personnel by employing women in traditionally man jobs, as well as hiring students, teenagers and older people. Tatyana Petruk, sustainable development director at Metinvest, said that now the group had around 4000 job offers, and the personnel shortage affected…
Interpipe is testing a new logistics route to supply its products to the European Union countries using both railroad and automobiles, in particular, via a terminal in Polish Chelm. Answering a question on using internal waterways, Interpipe procurement and logistics director Olexiy Yanovskiy said: “Interpipe has been carefully studying the possibility of using the Danube…
In July, Ukraine supplied 37.021 thousand tons of steel billets to Turkiye, up by 30.9% YoY. In January-July, exports grew by 98.3%, to 94.949 thousand tons. Ukraine occupied the sixth place among steel billets suppliers to Turkiye. (Ukrainian metal)
In January-July, large enterprises produced 17.4 thousand tons of copper pipes. Compared to the corresponding period in 2023, the volume of production increased by 33.9%. In July, large enterprises produced 2.5 thousand tons of copper pipes. (Statistics Agency)
Norway’s Hydro started operating a new aluminium-recycling plant in Szekesfehervar (Western Hungary) on September 9. The plant, with capacity to recycle 90,000 tons a year, will produce advanced alloys for extrusions used in the premium automotive segment. Located next to Hydro’s aluminium extrusion plant in Szekesfehervar, the plant will recycle both post-consumer scrap and process…