In June Ukraine produced 1765 thousand tons of pig iron, down by 21.4% MoM, or by 481 thousand tons. In January-June pig iron output increased by 17% YoY, or by 1731 thousand tons, to 11927 thousand tons. (Ukrainian metal)
In June Ukraine produced 1536 thousand tons of rolled metal, down by 23.3% MoM, or by 467 thousand tons. In January-June rolled metal output went up by 11.1% YoY, or by 1086 thousand tons, to 10850 thousand tons. (Ukrainian metal)
AzovElectroStal has reelected Alexei Popov the general manager of the company. According to the company statement, his office has been prolonged from July 14 for a year. On July 9, AzovElectroStal has dismissed Yuri Serdyuk from the office of the general manager. Previously Popov worked as the finance director deputy, chief economist of Azovmash. In…
Rusal, one of the world’s largest aluminum producers, has signed an agreement to sell 100% in the bauxite and alumina complex Alpart in Jamaica to Chinese state industrial group JISCO, the company said in a press release. The cost of the transaction amounts to $299 million. The deal is undertaken within the program of Rusal’s…
Since July 19, the throughput of the Kamysh-Zarya railroad route has dropped from 14 cargo trains per day to 9. “The reason isn’t something new – the lack of fuel”, said the Azovstal CEO Enver Tsikishvili. The works has to help railroad again – it provided 33 tons of fuel. “But that will be enough…
If the port duties are brought in correspondence with the world practice, Metinvest will be able to increase output at its GOKs. “We have addressed the Ministry of infrastructure and the Cabinet of Ministers on this issue. We hope that Ukrainian port duties will correspond to the world practice, thus enabling us to increase output,…
Two of the 4 working electricity lines, feeding Avdiivka and the Avdiivka Coke and Chemical Works, were damaged by shelling. “The city is left without light and water, we’re working at lowest capacities”, said the company CEO Musa Magomedov. DTEK energy engineers asked the military to provide them with the green corridor to make repairs.…
In April-June Evraz Sukhaya Balka renewed iron ore mining after the halt in Q1 due to the low demand. In Q2 bulk ore output at the works went up by 49.1% QoQ, to 782 thousand tons, though it decreased in H1 by 6.2%, to 1.3 million tons. According to the company statement, in H1 iron…
