Following the Russian invasion, Metinvest Group has decreased the combined use of its enterprises by more than 40%. The enterprises are located near the front line and inside the war zone, in particular in Mariupol. The employees have to constantly hide in shelters due to air strike alert, while Avdiivka Coke and Chemical Works employees…
Mariupol Ilyich Iron and Steel Works and Azovstal have addressed the General Prosecutor’s Office over the theft of metal products by Russian occupiers. The address was published on June 7. “Open sources reveal that representatives of the military companies of the Russian Federation (and people from terrorist groups controlled by them), that have occupied Mariupol,…
Stalkanat (Odesa), despite military activity is operating with its capacities loaded at 75%. The company asks USA to revoke previously imposed antidumping duties of 19.32%. 90% of the company products are exported. Mostly to the EU by trucks, even though logistics expenses have almost doubled. Stalkanat is the largest producer of steel ropes in Ukraine.…
Metso Outotec has signed an agreement to supply key technological equipment for the copper-processing factory No. 3 of Almalyk Mining and Metallurgical Company. The design capacity of the plant near the Yoshlik-1 deposit is 600 million tons per year. The cost of the contract is EUR 100 million. (Ukrainian metal)
Metinvest-Shipping LLC has announced a tender to buy truck transportation of 169 thousand tons of iron ore raw materials from seaports blocked by Russia to the quay warehouses of the state enterprise Izmail Sea Trade Port. The company needs to transport around 92 thousand tons of iron ore raw materials from the Yuzhniy port and…
In May, Ukraine produced 45 thousand tons of pipes in May, up 2.5-fold MoM. Thus, the industry was able to restore almost 65% of its pre-war manufacture, which was around 70 thousand tons per month. In particular, Nikopol Seamless Pipes Works increased output 2.6-fold, Interpipe NMTZ – 2.3-fold and Centravis – by 45%, while Trubostal…
Since the start of the Russian invasion, Metinvest has transferred over 1.5 billion UAH to help the army, civilians and its employees. In particular, during the first days of the invasion Metinvest, DTEK and the Rinat Akhmetov Foundation have created the “Saving Life” humanitarian project. Since then, over 3 thousand tons of first need goods…
In May, Zaporizhstal produced 121.2 thousand tons of rolled metal, down by 56.8% YoY. Pig iron output dropped by 52.6%, to 157.5 thousand tons, and steel – by 59.7%, to 141.7 thousand tons. At the same time, compared with April, pig iron manufacture grew 2.3-fold, steel – by 78.9% and rolled metal – by 84.5%.…
