In January-February, Ukraine imported $5.43 million worth of nickel, up 4.7-fold YoY. According to the State Customs Service, in February imports amounted to $1.857 million. Last year, nickel imports decreased by 74.2%, to $15.391 million. (Ukrainian metal)
In February, ArcelorMittal Kriviy Rih produced 116 thousand tons of pig iron, down by 22% MoM. The decrease was due to the Russian attacks on the energy infrastructure of the district. At the same time, steel and rolled metal manufacture increased. Thus, AMKR produced 77 thousand tons of steel, up from 76 thousand tons in…
RG Gold, developing the Raigorodok deposit in Akmola region, could suspend gold extraction using heap leaching this year. “Because of the thinning of oxidized ore we, most likely, will have to suspend operation and mothball heap leaching manufacture,” the financial director Marat Shaimardanov has said. RG Gold is using two types of processing capacities with…
The CEO of Centrenergo JSC Andrey Churkin refutes information on purchasing coal from Kazakhstan. “We do not buy coal in Kazakhstan. Coal, brought for Centrenergo needs, is on the territory of the European Union on legal basis. The fuel is brought to Ukraine by European traders. Coal is not reloaded on the way and from…
Over 2 years of the full-scale war, Zaporizhstal has exported 3.1 million tons of pig iron and rolled metal to 38 countries. Domestically, 1.4 million tons of metal products were sold. The company is working to improve product quality and expand portfolio and is looking for new logistics chains and sales market. In January-February, Zaporizhstal…
The Minister of Foreign Affairs Krisjanis Karins calls on strengthening sanction pressure on Russia and start working on the 14th sanctions packet, complementing the ban on the export and transit of raw materials used in the Russian military industry, in particular, manganese ore and aluminum oxide. The parties, that form the government coalition, believe that…
In 2023, Vysochaishiy JSC increased revenue by 28.5% YoY, to 41.19 billion rubles. The most part of it – 33.95 billion rubles – was received from gold sales, which grew by 24.5%. Net profit fell by 59%, to 1.4 billion rubles. EBITDA totaled 19.15 billion rubles, up by 42%. (Ukrainian metal)
In January, Ukraine exported 1.358 million tons of iron ore to the EU, up by 29.3% MoM and by 27.4% YoY. Revenue grew by 21.3% MoM and by 14.6%, to EUR 63.83 million. Slovakia was the main customer, importing 513.89 thousand tons (+47.5% YoY), followed by the Czech Republic (308.03 thousand tons, -25.8%), Poland (253.8…
