In January-October, Ukraine produced 5.844 million tons of steel, down by 67.4% YoY. Pig iron manufacture decreased by 67.3%, to 5.809 million tons. Ukraine also produced 5.02 million tons of rolled metal, down by 68.6%. (Ukrainian metal)
Rescuers of the Cobra special militarized emergency service have received 50 sets of protection means – bulletproof vests and helmets – from Metinvest. “The vests are equipped with reliable armored plates of the 4th protection level produced by Metinvest. They will help protect the Cobra employees, as they are one of the first to come…
Prime Minister Alikhan Smailov announced the government’s measures in regards to the Arcelor Mittal Temirtau JSC upon death of miners. According to him, the subsoil use contract for JSC Arcelor Mittal Temirtau has been amended for the first time. Henceforth, the company will have to invest at least 150 billion tenge annually in modernization of…
In January-September, taking into account associated enterprises and joint ventures, Metinvest paid almost 18 billion UAH of taxes to budgets of all levels. Profit tax was the highest, amounting to 6 billion UAH, followed by the social payment of 3.3 billion UAH. Despite the Russian invasion, Metinvest increased rent payments for iron ore extraction by…
Azovstal CEO Enver Tskitishvili resigns from office. The decision was taken by the supervisory board on November 5. CEO’s last day in the office will be November 14. Oksana Tsymbalyuk, Metinvest-MRMZ LLC financial director, has been appointed CEO from November 15. (Ukrainian metal)
Kametstal has shipped a batch of granulated blast furnace slag in the amount of 19 thousand tons to a customer from Poland. “Metal products are the economical support of Ukraine. And even the secondary product can bring the company additional profit,” the company said on Facebook. More than 285 railroad cars have already arrived at…
Sanctions must be applied against the entire Russian metal complex, while Ukrainian metal companies must get full access to the American market, the first vice prime minister, minister of economy of Ukraine Yuliya Sviridenko has said at the meeting with the secretary of commerce of the USA Gina Raimondo. “Steel is the sphere in which…
In October, Ukraine exported 1.06 million tons of iron and manganese ore, down by 21% YoY. This is the lowest result this year. Pig iron exports dropped by 63%, to 72.2 thousand tons. At the same time, the export of rods reached pre-war levels (65 thousand tons). On the whole, the trends in metallurgy are…