At present there is no opportunity to launch Mykolaiv Alumina Plant, as a systemic work is needed, which envisages construction of an additional manufacturing line. NGZ produces alumina for another enterprise located in Russia. But the government has a plan, according to the head of the Mykolaiv regional military administration Vitaliy Kim. He believes the…
In November, Ukraine increased steel manufacture by 74.3% YoY, to 546 thousand tons. Ukraine occupied the 21st place among global steel manufacturers, according to Worldsteel. Global steel output grew by 3.3%, to 145.48 million tons. In January-November, Ukraine produced 5.71 million tons of steel down by 7.3% YoY, occupying the 22nd place. (Ukrainian metal)
In January-September, Pokrovsk Mining and Processing Works received 49.98 million UAH of net loss as opposed to a net profit of 99.32 million UAH last year. Net income decreased by 54.4%, to 1.07 billion UAH. Undistributed profit amounted to 1.35 billion UAH. (Ukrainian metal)
In 2022, Sukha Balka decreased net profit 2.7-fold YoY, to 487.878 million UAH. At the annual shareholders meeting scheduled for December 22 to be held remotely, the shareholders will approve all reports and decide on spending the net profit. They will also have to decide on the liquidation of the revision commission, make amendments to…
In case the marine corridor in the Black Sea operates stably, Metinvest could considerably increase sea shipments of its iron ore products. “If the corridor operates stably, there is a possibility that by the end of Q1 2024 we will have increased the capacity loading of our GOKs from 35-40% in 2022 to 75-80%,” Metinvest…
In January-November, Ukraine decreased coke and semi-coke imports by 10.9% YoY, to 303.208 thousand tons. According to the State Customs Service, in monetary terms imports decreased by 29.4%, to $119.198 million. Exports amounted to 3.383 thousand tons valued at $787 thousand, down by 12.3% and by 22.2% YoY respectively. Moldova was the only customer, while…
It will be impossible to resume operation of Avdiivka Coke and Chemical Works when the war is over due to the destruction done by the Russian shelling. “The works is under control of the Ukrainian army. It has been shelled by Russia numerous times. They fired at it from everything they had. I think, it…
In January-November, Ukraine exported 11.063 thousand tons of titanium ore and concentrate, down by 96.2% YoY. According to the State Customs Service, revenue dropped by 84.5%, to $18.474 million. The main customers were Turkiye (38.05% in monetary terms), Japan (17.38%) and India (6.44%). Imports amounted to 1 ton from the Netherlands valued at $2 thousand.…