Metinvest-SMC will provide channels, beams and other rolled metal to strengthen the Ukraine’s defense. The materials can be used to produce Czech hedgehogs. The metal will be provided on a free-of-charge basis. “We ask to provide a letter from authorities, territorial defense or the military,” the company said on Facebook. (Ukrainian metal)
On February 25, employees of ArcelorMittal Kriviy Rih will receive their wages for February in full. “Together with our employees we are doing everything possible to keep our plant, which is feeding the entire city. None knows what tomorrow brings, so we want our employees to be prepared to any developments”, AMKR CEO Mauro Longobardo…
Interpipe has announced a preterm payment of the second advance for February to all employees. The first advance was paid on February 21. “With the early payment we want to support our employees in this difficult time. I’m sure that the Ukrainian Army and the government are doing everything possible to protect the country. The…
Ferrexpo will pay 1 billion UAH of profit tax to the state budget and budgets of all levels in advance. “In this difficult time for Ukraine business cannot stand aside. We need to unite and help the country as best we can. That is why Ferrexpo decided to support the initiative of its main shareholder…
Azovstal has added two new products to its portfolio. They are rolled sheets made of previously not produced steel grades. In particular, in several months the company has developed a new technique and started producing rolled sheets of L290NE/X42NE PSL2 grade ordered by Serbia. 8 thousand tons have already been shipped. Moreover, Azovstal started producing…
In 5 years, Zaporizhstal has modernized 8 locomotives having invested around 100 million UAH. In particular, 6 TGM4 and TEM2 locomotives have been repaired in partnership with locomotive-repair enterprises. Two more were repaired by the company itself. This allowed saving up to 15%. Repaired machines allow decreasing fuel expenses by 12% and motor oil by…
In 2021, Energomashspetsstal decreased sales by 17.1% YoY, to 2.754 billion UAH. The company sold 18.06 thousand tons of various products, with the most part exported. 70 companies from 17 countries were its customers. The order portfolio for this year has already been formed. The main part will be the export of billets for the…
In 2021, Ukraine increased exports of ferrous metals by 81.4% YoY, to $13.95 billion. According to the State Statistics Service, ferrous metals accounted for 20.5% of all export revenue last year. Export of ferrous metal wares, including pipes, metal structures, wire, etc., grew by 47.3%, to $1.29 billion (1.9% of all exports). At the same…