Velta LLC with titanium ore extracting assets in Novomirgorod, Kirovograd region, has received licenses for the export to the USA and resumed shipping raw materials from Ukraine. “Wages paid in full. Taxes as of yesterday – almost 5 million UAH. Paid. VAT is not reimbursed to us. All the foreign currency is sold to the…
The cost of transporting Interpipe products to clients has increased 2.5-3.5-fold compared with pre-war times. “The figures depend on transport schemes. While before the war logistics expenses accounted for 3-4% in the product prime cost, now they have increased at least 2.5-fold,” the company CEO Andrey Korotkov has said. The products in the ports of…
Russian invaders failed to resume operation of Zaporozhye Iron Ore Complex in occupied Dneprorudnoye. The miners refused to cooperate with the enemy. The occupiers promised to pay them 60% of their previous salary. (Ukrainian metal)
The president Shavkat Mirziyeev has signed an order to increase uranium output and processing at Navoyiuran in 2022-2030. According to the document, the resource base will have to increase to 100 thousand tons of uranium. Output is expected to double. (Ukrainian metal)
Centravis, one of the largest stainless steel pipes manufacturers in Europe, has set up a chain of billet delivery to provide for stable output. “The manufacture is working. Billet delivery is stable. The entire chain has been set up. We continue receiving orders,” the company reported. In January-May, Centravis produced 5.5 thousand tons of pipes,…
During the forced downtime, Ingulets Mining and Processing Works focused on repair of machinery and equipment used in manufacture. “Due to economical and logistics factors caused by the Russian invasion, InGOK has temporarily suspended ore extraction and concentrate production. And we have started repairing mining and transport machinery and crushing and sorting equipment,” the company…
In January-June, Ukraine decreased titanium-containing ore and concentrate export by 46.23% YoY, to 157.3 thousand tons. According to the State Customs Service, in monetary terms exports have dropped by 21.1%, to $60.6 million. The main customer was the Czech Republic (52.18%), followed by the USA (15.28%) and China (6.71%). Imports amounted to 0.1 thousand tons…
After a long downtime, ArcelorMittal Kriviy Rih has launched a bar mill DS-250-5, which produces rebars. The heating of the furnace began on July 7, and on July 11 the first products were made – rebars with the diameter of 16 mm. The company intends to roll other types of rebars, as well as various…