The number of employees at Metinvest has decreased by 4.8 thousand people due to staff outflow and mobilization. Now the group offers around 4 thousand jobs. “2022 was the worst year in Metivest’s history. When the marine export resumed in 2023, we started increasing the capacity of our enterprises. Thus, last year we didn’t fire…
Ferroalloy plants mull the possibility of resuming manufacture after a halt in October 2023. According to the director of the Ukrainian Association of Ferroalloy Manufacturers Serhiy Kudryavtsev, there are no decisions as yet, but the situation is being evaluated. “The situation is being analysed. All the options are being developed, but no decision has been…
In January-April, Ukraine increased revenue from the exports of ferrous metals by 16.56% YoY, to $959 million. According to the State Customs Service, ferrous metals accounted for 7.14% of all export revenue, up from 6.18% last year. In April, ferrous metals exports brought $207 million to Ukraine. In January-April, Ukraine increased ferrous metals import by…
In April, Ukraine exported 3.41 million tons of iron ore, up by 2% MoM and 2-fold YoY. Revenue totaled $265.23 million, down by 14.6% MoM, but up by 41.3% YoY. In January-April, Ukraine exported 12.41 million tons of ore, up 2.3-fold. Export revenue grew by 90.8%, to $1.13 billion. Most ore was shipped to China…
The sale of scrap will allow Ukrzaliznytsia receiving additional funds and metal industry – increasing output and tax payments. Thus, the state enterprise has to resume scrap sales as soon as possible, the CEO of the Federation of Transport Employees Volodymyr Husak has said. “The issue of no scrap auctions must be solved as quick…
The counselor of the Mariupol mayor Petro Andryuschenko has reported that the railroad, which links Volnovakha to Rostov-on-Don via Mariupol, will start operating in late May or early June. “In April and early May, three trial trains ran from Volnovakha to the port of Mariupol and back. From Volnovakha they brought kaolin and ore, which…
The full production level at the South Tortkuduk deposit is estimated at around 4,000 tons of uranium per year in 2026 at the earliest, a source at Orano reports. “Construction of the South Tortkuduk site is progressing according to schedule. The industrial process was initiated in March, with the first productions expected this summer. The…
Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Japarov visited Kumtor mine. The head of the Cabinet of Ministers visited the central open pit and got acquainted with the work process at the gold extraction factory and the workshop for repairing heavy mining equipment, the algorithm of functioning of the new fuel and refueling…