Interpipe has provided equipment for 470 of its mobilized employees. Since the start of the Russian invasion, a corporate volunteer headquarters has been operating at Interpipe, the main task of which is to support the mobilized employees. 760 Interpipe employees defend Ukraine as part of the Army and the territorial defense. 580 of them were…
156 people have been evacuated from Azovstal to Zaporozhye. Yet, hundreds of civilians remain blocked at the plant. Metinvest will provide for the necessary help for those evacuated from its Mariupol plant. “156 people stayed in the Azovstal shelters for almost 2 months. They say, that hundreds of people remain there, mostly women and children.…
On May 3, Russian marauding troops shelled a bus with Avdiivka Coke and Chemical Works employees. As a result of the direct hit, 10 employees perished and 20 received serious wounds. All the wounded have been delivered to the Avdiivka Town Hospital. (Ukrainian metal)
In April, Yuzhniy Mining and Processing Works decreased iron ore concentrate production by 22.9% MoM, to 316.9 thousand tons. In April 2021, output totaled 1.03 million tons. Some concentrate was shipped to Zaporizhstal. There are no opportunities to ship raw materials to Asia and North Africa. In January-April, UGOK produced 3.1 million tons of concentrate,…
In January-March, Marganets Mining and Processing Works increased net losses 16.6-fold, to 159.87 million UAH. Net income grew 2.4-fold, to 865.275 million UAH. Undistributed profit amounted to 451.143 million UAH. Capital investments totaled 370.943 million UAH. (Ukrainian metal)
In January-April, scrap procurement in Ukraine decreased by 50.4% YoY, to 620.1 thousand tons. Domestic deliveries to metal plants dropped by 47.1%, to 583.5 thousand tons. Exports fell more than 12-fold, to 7.1 thousand tons. Imports collapsed 78-fold, to 0.1 thousand tons. (Ukrainian metal)
In April, Zaporizhstal produced 68 thousand tons of pig iron after a forced delay in March. Now the company is mastering the manufacture of a new product – metal sheet for construction industry. When the war is over, this product will be needed to restore the city infrastructure. (Ukrainian metal)
Metinvest is preparing lawsuits against Russia for the destruction of Azovstal and Mariupol Ilyich Iron and Steel Works. The estimated amount of lawsuits is $10 billion. “The pre-war capitalization of our plants was $10 billion. We are preparing lawsuits to make Russia pay for all the damages inflicted,” Metinvest main shareholder Rinat Akhmetov has said.…