President of Kazakhstan Kassym-Jomart Tokayev on April 8 met with the governor of Pavlodar region Asain Baikhanov to discuss the results in 2024 and plans for the upcoming period. During the meeting, it was highlighted that Pavlodar region had been observing growth in the key sectors of economy, as the region’s GDP grew by 5.8%…
In January-March, Ukraine decreased exports of iron ore raw materials by 5.7% YoY, to 8.492 million tons. According to the State Customs Office, export revenue decreased by 20.3%, to $687.78 million. The main customer was China (46.46% in monetary terms), followed by Poland (16.05%) and Slovakia (16.14%). Over three months, Ukraine imported 43 tons of…
Uzbekistan’s Navoi Mining and Metallurgical Company (NMMC) is actively integrating ESG principles (environmental, social and governance standards) into its operations, Boris Samoylenko, Head of ESG at NMMC, has said. “Receiving the first ESG rating from internationally recognized agency Sustainable Fitch confirms our commitment to the principles of sustainable development and reflects the level of integration…
In February, Uzbekistan became the world’s leading gold seller, according to the World Gold Council. The Central Bank of Uzbekistan sold 12 tons of gold, taking the top spot among gold-exporting countries. Kazakhstan ranked second with 8 tons. Poland emerged as the largest buyer, purchasing 29 tons of gold. Following Poland, the next largest buyers…
In March, Zaporizhstal produced 296.6 thousand tons of pig iron, 270.1 thousand tons of steel and 226 thousand tons of rolled metal. In January-March, the company produced 846.9 thousand tons of pig iron, 748.4 thousand tons of steel and 636.7 thousand tons of rolled metal. Last year, output totaled 3.1 million tons of pig iron,…
In January-March, Zaporizhkoks decreased output by 4.4% QoQ, to 209.7 thousand tons. Compared with Q1 2024, metallurgical coke production decreased by 2.4%. In March, manufacture grew by 21.1% MoM and by 0.1% YoY, to 74.1 thousand tons. (Ukrainian metal)
Azerbaijan exported gold worth $40 million from January through February, marking a significant increase in export revenues. Data from the March issue of the “Export Review” published by the Center for Economic Reforms Analysis and Communication (CERAC) indicate that this figure represents a 5.9-fold increase compared to the same period in 2024 ($6.8 million). The…
Vtortsvetmet PJSC will hold a remote shareholders meeting on April 30. The shareholders are expected to discuss the operation of the company in 2021-2024 and replace the members of the supervisory board. Moreover, the shareholders will be suggested leaving the profit received in 2021 undistributed and covering the losses of 2021-2024 with profit of following…