Ukrzaliznytsia must sell scrap metal via the Prozorro.Sales system, according to a corresponding decision taken by the Cabinet of Ministers of Ukraine. At the same time, the document provides for an exception for the company, saying that its management can decide on the use of its asset. Earlier, Ukrzaliznytsia asked the government to allow it…
In January-June, Interpipe received a net profit of $122.43 million, up from $19.53 million last year. Sales revenue grew by 12.3%, to $518.38 million. Operational profit amounted to $178.29 million, up by 167.8%. Pipe manufacture in Q2 remained unchanged compared with Q1 at 105 thousand tons, while railroad products output grew by 35%, to 27…
The State Property Fund has fired the first deputy chairman of the United Mining and Chemical Company Yaroslava Maksimenko, having appointed Yegor Perelygin instead. He has been heading the company from August 2021 till April 2022. In March, he returned to the company as a board member. In addition to Perelygin, the board was joined…
Pecherskiy Court of Kyiv has arrested Victor Lotous, Poltava Mining and Processing Works board chairman, with an alternative of a bail of UAH 999.991 million. PGOK belongs to Konstantin Zhevago. A claim has also been sent to extract Zhevago from France. According to investigation, the enterprise was selling crushed stone made of ferruginous quartzites waste.…
Russian occupiers have hit Avdiivka Coke and Chemical Works with aviation bombs. According to Musa Magomedov, ex-director of the plant and a people’s deputy, the bombs hit scrubbers of the recovery shop, which caught fire. Magomedov warned that Russians would lie again saying that they hit ammunition, which the plant never had on its territory.…
Sukha Balka has commissioned a new block at the Yuvileyna mine. The volume of the block is 73 thousand tons. The new block is situated at the depth of 1420 meters in unstable rock. This required special anchoring. Operation of the mine was resumed in April, when the lack of experienced personnel was overcome. (Ukrainian…
In January-August, Ukraine produced 3.41 million tons of rolled metal, down by 23.9% YoY. Of this, 1.79 million tons or 52.6% were exported. Last year, the share was 80.3% (3.6 million tons exported out of 4.48 million tons produced). The share of semi-finished products in exports was 43.59% (44.21% last year). The share of flat…
Almalyk Mining and Processing Works has implemented a new technique to produce ferromolybdenum. Ferromolybdenum powder is made on the basis of processing molybdenum-containing wastes originating when producing molybdenum. Ferromolybdenum is an alloy containing 50-70% of molybdenum. The company has launched the manufacture of 2 thousand kg of ferromolybdenum per month. So far, 5500 kg has…