The State Investigation Bureau has found and initiated nationalization of Russian businessmen’s assets, which have been transiting Ukraine – metal billets and wares worth over UAH 93 million. “The metal was located and confiscated in the Sea Trade Port of Odesa,” the bureau said. The bureau has asked the civilian-military authorities of Odesa region to…
After a forced period of idleness in March, ArcelorMittal Kriviy Rih is preparing the blast furnace No. 6 for operation. “If the military situation is not aggravated and there are no threats to raw materials and energy carriers deliveries, the blast furnace will be launched in April,” the company said. An independent energy island in…
Corum Group intends to launch a manufacturing site in Volyn region. “While our army protects our country, the company specialists are making their contribution and continue developing manufacturing sites in Western Ukraine,” it said. The new site will make the Corum Svet Shakhtera products that will be used in DTEK Energo mines. The first output…
Ferrexpo enterprises have provided the Armed Forces of Ukraine and the territorial defense units with automobiles for humanitarian needs. In all, the group transferred 70 various machines valued at $3.5 million. “The defenders of our country need support, and we cannot stand aside. The need for transportation means is a key one. Under the legislation…
Ukraine has lost about 30-40% of its metal capacities because of the war with Russia. “Mariupol plants constitute more than a third of the Ukrainian steel manufacture. Thus, so far Ukraine has lost about 30-40% of its metallurgical capacities,” Metinvest CEO Yuri Ryzhenkov has said. He claims that Mariupol plants will be rebuilt after the…
As soon as this week, some metallurgical plants will start to partially restore the production and export potential. The relevant statement was made by Ukrainian Infrastructure Minister Oleksandr Kubrakov during a telethon. “In recent weeks, we have been actively cooperating with industrial sectors to restore our production and export potential. More specifically, last week we…
The government is in direct negotiations with the largest enterprises of Ukraine to help them resume operation, the Prime Minister Denis Shmyhal has said. According to him, he has spoken with the representatives of ArcelorMittal Kriviy Rih and they have promised to resume operation. “Strategic enterprises, that have to work for the army, for the…
As Zaporizhstal is currently mothballed, its railroad transport department has changed its operation. The department now ships raw materials to other Metinvest enterprises and helps transport humanitarian aid. “Moreover, Zaporizhstal ships products from its warehouses,” the company said. On March 25, Zaporizhstal partially resumed operation of the cold-rolling shop. (Ukrainian metal)