In 2022, visible demand for steel in Poland totaled 11.3 million tons, down by 2 million tons YoY. According to the Polish Steel Distributors Union (PUDS), the steel market was severely hit by the Russian invasion of Ukraine. The negative trend will continue this year. Steel output in 2022 dropped by 10%, to 7.5 million…
Solar plants in Latvia will be constructed using metal structures manufactured by KNESS in Vinnytsia. “In Vinnytsia KNESS has relaunched manufacture of metal structures to fasten photovoltaic modules. Solar plants in Latvia will be built on Ukrainian metal structures,” the Vinnystia deputy mayor Andrii Ocheretniy has said on Facebook. KNESS provides jobs to around 400…
Dmytro Golikov, CEO of Ukrainian Mining and Metallurgical Company, has bought almost 100% of the company shares. At present, Golikov owns 99.999986% of shares. In Q3 2022, Lanacomo Limited and Leadpoint Holding (both from Cyprus) owned 50% of shares each. (Ukrainian metal)
In January-October 2022, limestone transportation via railroad decreased by 64% YoY, to 3.23 million tons. In October 2022, transportation amounted to 236 thousand tons, up by 3% MoM. (Ukrainian metal)
Shareholders of Zaporizhstal intend to appoint Roman Slobodyanyuk CEO of the company. Since January 1, he has been serving as acting CEO. The decision will be taken at the extraordinary shareholders meeting scheduled for March 16. The previous CEO Alexander Mironenko will continue his work as Metinvest COO. (Ukrainian metal)
Dobrovelichkovskaya community of Kirovograd region is looking for investors to develop lithium deposit. A site of the lithium ore Dobra is situated on the community territory. An investment passport has been developed with the help of U-LEAD experts. (Ukrainian metal)
In January-November 2022, Kazakhstan exported 4.2 tons of gold valued at $66.9 million. In tons, this is almost as much as in the whole 2021. Revenue grew by 88%. Compared with the result of 2018, in volume exports increased by 16.6% and in revenue almost 7-fold. Last year, the structure of exports changed. While in…
In January, Ukraine produced 283 thousand tons of steel, down by 84.7% YoY. Pig iron manufacture dropped by 86.6%, to 240 thousand tons, and rolled metal – by 84.6%, to 257 thousand tons. In 2022, Ukraine produced 6.26 million tons of steel, down by 70.69% YoY. (Ukrainian metal)
