In August, Ukraine decreased steel output by 80% YoY, to 366 thousand tons. Thus, the company dropped to the 30th place in the global steel manufacturers rating. In July, Ukraine produced 281 thousand tons of steel, in June – 295 thousand tons, in May – 308 thousand tons, in April – 281 thousand tons, in…
The Agency on the Management of State Assets of the Republic of Uzbekistan has announced the launch of the auction to privatize the 100% state share in Angren Pipe Plant LLC. The company produces copper pipes of various diameters. Its design capacity is 8 thousand tons per year. 90% of pipes are exported. In 2021,…
Servicemen from Donetsk region have received another batch of bulletproof vests from the Metinvest Group. Plates for the vests are of Metinvest make. Shooting tests have shown that they withstand calibers of 5.45 and 7.62 mm. “Since the first days of the war Metinvest has been providing aid to our employees, their families and, of…
The Lviv Defence Cluster has received over 500 tons of steel sheets from the Metinvest Group for free. From these sheets the LDC specialists produced a considerable amount from 80 thousand bulletproof vests already provided to the Ukrainian defenders. LDC was able to launch manufacture from scratch during the war. “We aim to produce 100…
Severniy Mining and Processing Works has begun the second stage of the LURGI 552 A pelletizing machine repair in the pellets shop No. 2. The repair presupposes lining work. Earlier, the company has repaired machinery. Investments in the project amount to 6 million UAH. (Ukrainian metal)
On September 29, Odescable will hold a remote shareholders meeting. Odescable produces a wide range of copper and optic-fiber, LAN, power cables, etc. The company has not disclosed its financial results for 2021 yet, but in 2020 it had a loss of 27.1 million UAH and a net income of 1.75 billion UAH. (Ukrainian metal)
Avdiivka Coke and Chemical Works, the machinery of which is being mothballed, under constant shelling is making ready for winter. Coal has been delivered to the company bomb shelters. Supply of new heating boilers is expected. Thus, during shelling the company employees will remain in shelters with some comfort. Coke shops will be cold-mothballed. For…
Metinvest will make no large-scale investments in long-term projects in Ukraine until the country secures a considerable victory in the war with Russia. “This must not necessarily be Russia’s capitulation. But this must be a decisive moment at the end of the war, not another Minsk agreement. This must be something serious, with safety guarantees…