Ukraine: SevGOK and InGOK resume operation

Metinvest has resumed work at the Severniy Mining and Processing Works and Ingulets Mining and Processing Works that have been idle since summer of 2022. Thus, all three Metinvest GOKs in Kryvyi Rih, including Central GOK, are operating now. The operation of the two GOKs was suspended in order to minimize iron ore products stocks.…

Ukraine: titanium ore export down in January 2023

In January, Ukraine exported 2.066 thousand tons of titanium-containing ores, down 10.99-fold YoY. According to the State Customs Service, in monetary terms exports have dropped 3.5-fold, to $3.308 million, The main customers were Japan (72.22% in monetary terms), Egypt (13.94%) and Turkey (11.03%). Ukraine did not import titanium ore last month. (Ukrainian metal)

Ukraine: scrap procurement down in January 2023

In January, Ukraine procured 60.5 thousand tons of metal scrap, down by 75.6% YoY. According to the UAVtormet Association, scrap deliveries to metal plants amounted to 49.4 thousand tons, down from 226 thousand tons last year. Scrap stocks at metal plants as of early February totaled 20-25 thousand tons, up from 10-15 thousand tons in…

Ukraine: Interpipe to increase wages

Despite the war, from March 1 Interpipe will increase wages of its employees on average by 15%. The decision will cover all employees in Dnipro, Nikopol and Novomoskovsk. According to CEO Andrei Korotkov, for almost a year the company has been living and operating in the conditions of a full-scale war and has experienced considerable…