All wage arrears to Ukrainian coalminers should be paid during March and April, Ukrainian President Volodymyr Zelensky has said during an all-Ukrainian meeting of coal workers on February 25. “I very much ask for all debts to coalminers to be completely repaid in the next two months: March, April,” Zelensky said. He noted that wage…
In 2020 the metal structures construction in Ukraine is expected to grow by 10 thousand tons YoY. “We have made a forecast for a longer term based on the average GDP growth of 3% and the increase of consumption of steel structures, used in the construction of housing. We believe, by 2030 steel structures consumption…
DTEK does not intend to participate in the privatization of Centerenergo and profitless state mines. “Our priority is the development of green energy generation,” the group CEO Maxim Timchenko said after the meeting of coal industry participants in Kyiv. According to him, new players are needed in the industry. (Ukrainian metal)
In 2019 transportation of metal and mining products via roads decreased. In particular, transportation of iron ore dropped by 41%, to 1.15 million tons, and metals – by 9.7%, to 3.2 million tons (including 533.7 thousand tons abroad). According to the State Statistics Service, automobile transportation of iron, pig iron, steel and ferroalloys went down…
Mining at a depth of more than 47,000 meters was performed at all fields of Azerbaijan’s AzerGold CJSC mining company, Chairman of the Executive Board of AzerGold Zakir Ibrahimov said at a company’s press conference on the results of 2019. Ibrahimov added that this indicator was the highest in the mining industry in Azerbaijan. “Thus,…
In 2019, 19 metal and mining companies entered the top-100 taxpayers in Ukraine according to the Rating Magazine. In particular, among them Yuzhniy Mining and Processing Works paid the most – 3404.5 million UAH, up by 1.19% YoY. It is followed by Severniy GOK – 3399.3 million UAH (+20.11%), ArcelorMittal Kriviy Rih – 3311.02 million…
In 2019 the volume of capital investments in metal manufacture grew by 29.7% YoY, to 30.49 billion UAH. At the same time, the growth of capital investments in Ukrainian economy slowed down to 15.5%. In 2018 investments grew by 16.4%, and in 2017 – by 22.1%. (Ukrainian metal)
Tulachermet, a part of PMH, intends to shut down its blast furnace No. 3 for capital repairs in late March. Earlier the company intended to conduct repairs in April-May. The furnace will be shut down for a month. The blast furnace No. 3 is the largest at Tulachermet. It is capable of producing 4.5 thousand…