On September 28, Zaporozhye Iron Ore Complex will hold a remote shareholders meeting. The company ended last year with the net loss of 371.605 million UAH as opposed to a net profit of 5.193 billion UAH in 2021. The shareholders intend to cover last year losses with the cover from the future periods. They will…
Russian troops have already destroyed several hundred fakes – precise replicas of the newest American and European weapons. “Ukraine actively replaces howitzers, tanks, mortars and radars with dummies to force Russians waste their drones, missiles and shells,” CNN reports. Fakes are made by Metinvest. “After each hit, our military bring us the remnants. If the…
In January-August, Ukraine exported 117.464 thousand tons of ferrous scrap, up 3.9-fold YoY. Revenue grew 2.7-fold, to $34.127 million. According to the State Customs Service, since March there has been an increase in exports: in January Ukraine exported 8.28 thousand tons of scrap, in February – 16.5 thousand tons, in March – 15.45 thousand tons,…
In January-August, Ukraine decreased exports of titanium-containing ore and concentrate by 96.4% YoY, to 7.83 million tons. Revenue fell by 84.8%, to $13.14 million. According to the State Customs Service, the main customers were Turkey (33.81% in monetary terms), Japan (24.43%) and India (7.76%). Ukraine did not import the products in the period. (Ukrainian metal)
In August, Ukraine exported 27.8 thousand tons of pig iron, down by 74% MoM. In monetary terms exports dropped by 75.1%, to $9.41 million. According to the State Customs Service, compared with August 2022 exports fell by 72.3% and by 81.8% YoY respectively. This was the lowest level since April 2022, when Ukraine almost suspended…
In August, Ukraine increased iron ore exports by 12.7% MoM, to 1.53 million tons, valued at $144.3 million, up by 2.7%. According to the State Customs Service, compared with August 2022 exports went up by 6.2%, but revenue dropped by 16.2%. In January-August, Ukraine exported 11.2 million tons of iron ore for $1.18 billion, down…
On behalf of the multi-million Ukrainian mining and metallurgical complex, the Ukrmetalurgprom association has addressed the leaders and representatives of the UN, EC, USA, UK and Turkey asking them to completely unblock Ukrainian ports and restore free navigation in the Black Sea. “At present the sea trade of Ukraine has almost completely been destroyed by…
Pokrov Mining and Processing Works intends to launch the Bogdanovskaya Sinter Processing Factory after almost a yearlong shutdown. During the shutdown, the electricity supply lines at the factory went out of order, but they had almost been restored. When the electricity starts running again, the factory will receive raw materials. A special attention was paid…