At present, Ukrainian metal enterprises operate at the 10% of the pre-war level. According to the co-owner of ISD Sergey Taruta, the Ukrainian metal industry is half dead. “It’s impossible to arrange shipments from Zaporizhstal. I’m not sure about AMKR. Situation with Avdiivka Coke was very critical. Only Avdiivka coke could be provided. The rest…
In June, Ukraine exported 1.75 million tons of iron ore, down by 23% MoM and 2.45-fold YoY. In January-June, exports totaled 17 million tons, down by 24.1%. The main reason of the drop is the blockade of seaports by Russia. (Ukrainian metal)
Velta with titanium ore assets in Novomirgorod (Kirovograd region) intends to relocate its capacities from Dniepropetrovsk region to a safer place. Earlier the company has suspended construction of a titanium wares plant in Novomoskovsk (Dniepropetrovsk region) and is now working to relocate it. “Due to war we were forced to suspend construction. There were a…
ArcelorMittal Kriviy Rih has repaired a water pipeline and the pump station No. 4, which have a strategic significance for the manufacture. The pump station is situated at the clarification pond No. 1 between the blast furnace shops of the metal manufacture and the manufacturing complex of the blast furnace No. 9. The pond provides…
Ceramet has lost operational control over specialized machinery valued at EUR 4 million situated on the territory of Mariupol Ilyich Iron and Steel Works and Azovstal. In particular, these are 9 scrap reloaders, 2 shearing presses, a briquetting press and a shredder to process steel chips. The company has asked the manufacturers and suppliers of…
Shareholders of Stalkanat-Silur intend to spend 65.73 million UAH of undistributed profit for January-April to pay dividends. The dividends might be paid until January 19, 2023. The shareholders also want to approve the purchase of 1.26 billion UAH worth of raw materials from Metinves-SMC LLC. (Ukrainian metal)
The National Guard of Ukraine has received a new batch of bulletproof vests from Metinvest. 1 thousand vests will be delivered to Kherson and Nikolayev garrisons. The Zaporozhye garrison of the National Guard has received over 3 thousand bulletproof vests from Metinvest. “Thanks to the company help, the Zaporozhye garrison need in vests has been…
In January-March, Interpipe EBITDA fell by 63% YoY, to $15 million. Steel manufacture dropped by 16%, to 163 thousand tons, pipes – by 12%, to 97 thousand tons, and railroad products – by 43%, to 23 thousand tons. Sales decreased by 10%, to 140 thousand tons. At the same time, income grew by 19%, to…
