In 2021, the United Mining and Chemical Company expects its sales revenue to increase by 45% YoY, to 4.54 billion UAH. According to preliminary financial results, EBITDA would grow by 93%, to 940.8 million UAH. Payments to budgets will amount to 873.4 million UAH, up 2.2-fold. In January-September, average salary was 17.3 thousand UAH, up…
In January-November, Ukraine produced 17.5 million tons of rolled metal, up by 5% YoY. Sinter manufacture amounted to 27.9 million tons (+4.7%), coke – 8.73 million tons (-1%), steel – 19.6 million tons (+4.9%), pig iron – 19.4 million tons (+4.5%) and pipes – 910 thousand tons (+15.7%). In November, rolled metal output grew by…
The largest industrial object was launched in the industrial zone of Almaty on the eve of the 30th anniversary of Independence of Kazakhstan. Almaty Mayor Bakytzhan Sagintayev took part in the opening ceremony of the wrought iron pipe plant and congratulated the plant staff and authorities on the 30th anniversary of Independence. He noted that…
Azerbaijan’s AzerGold CJSC put bonds in circulation in 2020 to eliminate dependence on the state budget, Chairman of the board of the company Zakir Ibrahimov said at the event entitled “Current problems, reforms and prospects for the development of the mining industry” in Baku. “Thus, we issued bonds in the amount of $20 million in…
Recently Centravis has presented its manufacturing process to AC Boilers, the largest producer of boilers in Italy. According to the agreement concluded, Centravis will supply 179 tons of seamless pipes to be used as components of an economizer to decrease CO2 emissions. (Ukrainian metal)
Dneprovskiy Iron and Steel Works has finished capital repairs of the soaker No. 8 in the rolling shop No. 1. The repairs lasted for 2.5 months. Investments exceeded 2 million UAH. This was the second repair of a soaker in the shop. In spring, the soaker No. 6 was repaired for 1.5 million UAH. Next…
As of December 1, the tax debt of Electrostal has amounted to 15.3 million UAH, up by 10.4% YoY. In November, the debt did not change. In October it was 15.19 million UAH. The debt to local budgets grew 6-fold, from 212 thousand UAH to 1.7 million UAH. Last year, the company produced around 84…
In January-November, Ukraine increased ferroalloys exports by 6% YoY, to 613.075 thousand tons, valued at $928.895 million, up by 51.9%. According to the State Customs Service, the main customers were Turkey (19.83% in monetary terms), Italy (14.07%) and China (11.6%). Moreover, in 11 months Ukraine imported 56.601 thousand tons of ferroalloys valued at $161.754 million,…