In 2023, Ukraine increased metal consumption by 20% YoY. The growth was mostly due to the activation of state projects – restoration of infrastructure, bridges and viaducts, construction of energy shelters. There are also such projects, as, for example, an underground school in Kharkiv. Imports also increased, especially sheets. In March-November 2023, prices for rolled…
On February 15, Sukha Balka will hold a remote shareholders’ meeting Sukha Balka is one of the major mining enterprises in Ukraine. It consists of the Yubileynaya mine and Mine named after Frunze. (Ukrainian metal)
Novokramatorsk Machine-building Works, the capacity of which was mothballed with the Russian large-scale invasion, since October 1, 2023 had partially resumed operation. The primary task is to retain personnel and attract orders. Creation of new technique and research and development will be postponed until the wartime in Ukraine. (Ukrainian metal)
In 2023, Ukraine produced 6.23 million tons of steel, down by 0.6% YoY, remaining at the 23rd place among global steel producers. Global steel output amounted to 1849.73 million tons, down by 0.02%. With 6 million tons of pig iron produced, Ukraine secured the 16th place among 40 countries. Global output was 1406.69 million tons,…
In 2023, Dneprovskiy Iron and Steel Works produced 105.6 thousand tons of rolled metal, up by 86.2% YoY. Last year, the company produced mine props and rails, small volumes of channels and angles, as well as sections according to European standards. Metallurgical coke output grew by 38.5%, to 292.7 thousand tons. (Ukrainian metal)
Together with Duncha France, Centravis has become a participant of a project to produce cars with hydrogen engines in the EU. For the project, the company has developed a line of high-precision seamless stainless pipes H2FIT. They will be installed in light trucks. “We are ready to provide techniques and solutions for new types of…
Druzhkovka Metal Wares Works intends to pay 25 million UAH of dividends from profit of previous periods. The issue will be discussed at the extraordinary shareholders meeting to be held remotely on February 22. In 2022, the company decreased net profit by 69.1% YoY, to 33.832 million UAH. Undistributed profit as of the end of…
Shareholders of the PJSC Stalkanat intend to discuss paying dividends of 60.511 million UAH (0.58 UAH per share) from the undistributed profit of 2022. The issue will be on the agenda of the extraordinary shareholders meeting scheduled for February 22 to be held remotely. The dividends will be paid till August 14. (Ukrainian metal)
