The Polish-Ukrainian agreement provides for 6 trains with steel and ore passing the Medyka point per day. At the same time, only 3-4 trains are allowed, as the Polish border and railroad administration favors other transports. “That is why we are forced to wait at the border, which increases our expenses. We have to pay…
At the end of the year, products worth 940.1 billion soums will be made under the localization program, Doniyor Shodiyev, head of “Uzmetkombinat” JSC, has declared. Additionally, new projects will acquire A-500 rebars worth 763.8 billion soums. The republic’s import volume will be acceptable at $60.4 million. Until the end of 2024, import-substituting products worth…
In January-June 2023, Metinvest sold 55% of its metal and mining products in the European Union countries. In Ukraine the share of sales was 35%, in MENA – 2%, in the CIS – 1% and in other countries 7% valued at $2.423 billion. Moreover, in Ukraine the group sold 28% of its iron ore products,…
Metinvest enterprises continue operating at various levels of capacity, depending on security, personnel availability and electricity supplies, taking into account logistics and economic factors. In August 2023, Ukrainian army opened the Black Sea corridor for trade ships traveling to and from Ukraine. This allowed resuming sea exports of mining and metal products. Thus, Metinvest has…
In 2023, Dniprovskiy Iron and Steel Works paid more than 657 million UAH of taxes, up by 64% YoY. VAT amounted to 277.5 million UAH, profit tax – 122 million UAH and other taxes – 257 million UAH. Such a considerable support of the budget was noted by the head of the Verkhovna Rada Committee…
It is planned to lift the ban on the development of uranium and thorium deposits in Kyrgyzstan. The bill initiated by the Cabinet of Ministers has been submitted for public discussion. The Ministry of Natural Resources, Ecology and Technical Supervision notes that the current law is aimed at protecting public health, land, water bodies, flora…
Ukrzaliznytsia JSC is prepared to sell up to 20 thousand tons of scarp per month via the Prozorro.Sales from March, thus resuming stable scrap sales on Ukrainian market after an almost half a year break. According to the company board chairman Yevhen Lyaschenko, Ukrzaliznytsia suspended scrap sales over normative changes. “We are waiting for the…
The State Property Fund will put the nationalized Zaporozhye Aluminum Works for another privatization. According to the fund head Vitaliy Koval, the new owner will be able to change the activity of the enterprise. “Unfortunately, we have to admit, that the company is not in a very good state. It’s a pity to see in…