The management of the Avdiivka By-Product Coke Plant is evacuating its employees from the town. According to the ex-CEO of the plant Musa Magomedov, the town is constantly shelled by the Russian troops. Lately, the military activity near the town has increased. When Russia attacked Ukraine, most of the plant personnel were transferred to the…
In April, Ukraine decreased steel output 7.4-fold YoY, to 250 thousand tons. Thus, Ukraine has fallen to the 36th place among 64 countries – main global steel producers, according to Worldsteel. In March, Ukraine produced 200 thousand tons of steel, while in April 2021 – 1.85 million tons. In January-April, Ukraine occupied the 18th place…
ArcelorMittal Kriviy Rih has modernized the Kometa metal thermal cutting machine in the metal structures shop. With the help of modernization, the issue of spare parts for the repair of machinery has been solved. The machine can cut anything from metal. Now it will produce spare parts to repair caissons, railroad cars, plates, etc. The…
ArcelorMittal Kriviy Rih has launched only one blast furnace out of four, as it lacks coking coal for full operation. Before the Russian invasion the company bought 300 thousand tons of coal each month, mostly from Kazakhstan. “But now the Temirtau coal cannot reach us. We have to look for other sources. This is difficult.…
Russian troops are trying to resume operation of the occupied Mariupol port, which stocks Ukrainian metal and grain, which signifies their intention to steal them. According to Igor Barskiy, director of the state enterprise Mariupol Sea Trade Port, on February 23 there were around 200 thousand tons of metal and pig iron valued at $170…
In 2021, Krivoy Rog Iron Ore Industrial Complex increased net profit 2.37-fold YoY, to 4.02 billion UAH. Net income grew by 68.9%, to 11.16 billion UAH. Iron ore output with iron content of 58.32% was 4.298 million tons. 30% was supplied to Mariupol Ilyich Iron and Steel Works, but in Q1 2022 deliveries decreased to…
Metinvest has sent over 60 drones and 50 night vision devices with helmets valued at 10 million UAH to the army. According to the military, this is not the first help from the group. “We are grateful for the help. It will provide our smallest troops on the battlefield with the eyes in the air.…
Under the Metinvest corporate program “Home for our own”, 150 employees have offered their housing to their colleagues who had to flee their homes following the Russian invasion. Of them 144 are in the cities where the group has its companies. 10 rent agreements have been concluded. In particular, Svetlana Roschenko from SevGOK has provided…