The head of the State Property Fund Vitaliy Koval has visited Demurinskiy Mining and Processing Works, which is managed by the fund and is being prepared for privatization. “All the assets, linked to the aggressor country, must be sold clearly and openly – via an auction. It is important to find pro-Ukrainian owners who will…
In 2023, Ukraine decreased pig iron exports by 5.8% YoY, to 1.248 million tons. According to the State Customs Service, in monetary terms exports dropped by 26.2%, to $471.467 million. The main customers were Poland (51.91% in monetary terms), Spain (21.41%) and the USA (13.15%). Last year, Ukraine imported 154 tons of pig iron for…
In 2023, Zaporizhstal mastered manufacture of 14 new products for Ukrainian and foreign customers. In particular, the company started making 7 new hot-rolled and 2 new cold-rolled steel products, as well as 5 types of semi-finished products. Zaporizhstal new products will be used in construction and machine building. Thus, Zaporizhstal focused on making products that…
Ferrexpo will pay interim dividends for 2023 in the amount of $0.033 per share. The group showed good results in H2 2023, thus allowing the board of directors planning dividend payment. The group has also approved increasing salaries to its Ukrainian employees, as well as prolongation of expenses within its humanitarian fund. The dividends will…
In 2023, Ukraine decreased ferrous metals exports revenue by 41.59% YoY, to $2.647 billion. According to the State Customs Service, ferrous metals accounted for 7% of the exports, down from 10.26% in 2022. In December 2023, revenue grew to $214.531 million from $174.38 million in November 2023. At the same time, ferrous metals imports in…
In 2023, Ukrainian metal plants produced 5.37 million tons of rolled metal, up by 0.4% YoY, of which around 2.99 million tons were exported, or 55.6%. In 2022, the share of exports was 81.7% – 4.37 million tons exported of 5.35 million tons produced. The share of semi-finished steel products in exports amounted to 40.3%,…
In 2023, Metinvest Group enterprises paid 14.6 billion UAH of taxes to the budgets of all levels. The unified social payment amounted to 3.3 billion UAH, profit tax – 3.2 billion UAH and personnel income tax – more than 3 billion UAH. Payment for the land rent increased by 10%, to 1.2 billion UAH, and…
At the extraordinary shareholders’ meeting scheduled to be held remotely on January 22, Donetskkoks intends to appoint a new liquidator. The current liquidator Mikhail Vergun is expected to be fired. Instead, Konstantin Teneta will be suggested to be appointed. The company is situated in the temporarily occupied territory. (Ukrainian metal)