4 locals suffered as a result of an explosion while clearing the territory of Mariupol Ilyich iron and Steel Works in the occupied city. Mariupol is a dangerous place to live in, and explosives can be found anywhere – not only on the territory of industrial enterprises, but also in parks and children playgrounds. “Instead…
Shareholders of Stalkanat (Odesa) have again discussed the issue of spending 65.728 million UAH to pay dividends and supported it. 0.63 UAH per share will be paid from the undistributed profit for January-June. The issue was discussed at the extraordinary meeting on September 5. The dividends will be paid from September 23, 2022 till February…
In January-July, Kazakhstan produced 66.4 million tons of coal, up by 5.8% YoY. Energy-generating coal accounted for 9.3 million tons, coking coal – 4.5 million tons, lignite – 2.6 million tons and coal concentrate – 2.3 million tons. Pavlodar region yielded the most coal – 39 million tons, up by 5%, followed by Karaganda region…
Yenakiyevo Iron and Steel Works, situated in the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, has launched a mill-550 in the rolling shop. The mill is used to roll shaped sections made of continuous-cast billet. According to the occupation authorities, the EMZ capacities are now fully used. This is expected…
Metinvest B.V. has confirmed the fulfillment of its debt obligations even under the martial law. Thus, on September 1, the group made the last payment on the Eurobonds with the maturity in 2027. In this the group benefits from considerable diversification of its assets both from the view of product portfolio (iron ore concentrate, rolled…
Kazakh President Kassym-Jomart Tokayev and ArcelorMittal Chairman and CEO Lakshmi Mittal held a meeting. The meeting focused on the issues related to the provision of safety conditions at plants, fair salaries for local residents, fulfillment of social obligations and upgrading the company’s logistics base. The President drew attention to the issue of meeting the demands…
Centravis has reported some details about its current situation considering the ongoing war. In September, the company hot and cold shops will operate in two shifts. The logistics team is looking for the best and safest ways to deliver products to customers, while the sales team is working with clients developing the current cooperation and…
In January-August, Zaporozhkoks, one of the largest manufacturers of by-product coke chemistry, decreased blast furnace coke production by 19.3% YoY, to 466.7 thousand tons. In August, output totaled 70.5 thousand tons, in July – 69.9 thousand tons, in June – 68.39 thousand tons, in May – 67.97 thousand tons, in April – 52.66 thousand tons,…