The National Anticorruption Bureau of Ukraine has informed the ex-acting CEO of the state enterprise “Krasnolimanskaya Coal Company” about suspicion in damaging the company for 336 million UAH and environment for more than 210 million UAH. According to the investigation, from November 2015 to January 2017, the state enterprise sold 756 thousand tons of coal…
According to its investment program, Zaporizhstal has shut down the blast furnace No. 3 for capital repairs. Investments will amount to close to 200 million UAH. At the same time, the repair of the air heater No. 9 has almost been finished and the modernization of the air heater No. 13 is underway. This year,…
The issue of the resumption of the operation of the Mykolaiv Alumina Plant is urgent. “We have good news on NGZ, but it will be announced later. Now we have a task to resume its operation. People must work there and receive salary. At present an appeal from the owner is being reviewed. After that…
Interpipe has shipped a large batch of railroad wheels (more than 2600 pieces) to the Moroccan Railways – Office National des Chemins de Fer (ONCF). ONCF usually holds tenders once per three years, concluding long-term agreements with suppliers. Ukrainian wheels will be used to replace old wheels of Fiat passenger carriages of the AnsaldoBreda electric…
In January-March, Ukraine decreased exports of iron ore and concentrate to the European Union by 9.4% YoY, to 3.66 million tons. In monetary terms exports decreased by 16.5%, to EUR 412.71 million. The Czech Republic bought 1.17 million tons (+7%), Poland – 1.08 million tons (+11.9%), Slovakia – 1.32 million tons (+14.7%) and Hungary –…
In 2022, ArcelorMittal Kriviy Rih received 49.9 billion UAH of losses, while in 2021 it had a net profit of 25.2 billion UAH. Net loss per share was 12.7 UAH. Assets totaled 52.68 billion UAH and long-term liabilities – 6.04 billion UAH. The company CEO Mauro Longobardo said that the main conclusion was that the…
In January-March, Uzbekistan exported $3.06 billion worth of gold, up by 1.4% YoY. In the first quarter of 2022, foreign supplies reached $2.4 billion, down by 17.2%. Uzbekistan supplied $4.11 billion worth of gold abroad in 2022, compared to $4.1 billion in 2021. (Uzreport/Ukrainian metal)
This year, ArcelorMittal Kriviy Rih intends to increase investments to $130 million. Moreover, in 2024, the company plans to export 50% of its products to Europe. “In 2022, we invested $120 million, and in 2023 we plan to invest $130 million. Our grand project is the construction of the third card tailings, which is ongoing…