In 2022, Interpipe NMTZ received 382.038 million UAH of net loss, as opposed to a net profit of 175.722 million UAH in 2021. According to the information prepared for the annual meeting of the shareholders scheduled for April 28, to be held remotely, the undistributed profit in 2022 amounted to 198.491 million UAH. This year,…
The State Property Fund intends to auction Demurinskiy Mining and Processing Works. Prior to confiscation the company belonged to the Russian businessman Mikhail Shelkov. Nikolaev Alumina Plant, belonging to the Russian oligarch Oleg Deripaska, still has not been transferred to the Fund. But as soon as it happens, the Fund will quickly auction it as…
Navoi Iron and Steel Works is constructing hydrometallurgical plant No. 6 at the Pistali gold ore deposit. The capacity of the plant will be 4 million tons of ore per year. The work at the deposit began on January 6. Investments in the plant will reach $274.7 million. More than 2 thousand jobs will be…
The Ministry of Industry and Infrastructure Development hosted the signing of a tri-partite agreement to provide enterprises of processing industry in the copper sphere with domestic raw materials. The agreement was signed by the ministry, Kazakhmys Corporation and the enterprises. According to the agreement, Kazakhmys will provide raw materials at decreased prices to Ulbinskiy Iron…
In February, Ukraine increased pipes exports by 57.4% MoM, to 32.71 thousand tons valued at $61.48 million, up by 47.6%. According to the State Customs Service, compared with February 2022 export revenue grew by 5.7%. In January-February, pipe exports totaled 53.49 thousand tons for $103.1 million, down by 24.7%. Exports of seamless pipes, tubes and…
In 2022, Interpipe Dneprovskiy Vtormet received 10.28 million UAH of net losses as opposed to a net profit of 14.23 million UAH in 2021. According to the information prepared for the annual shareholders’ meeting scheduled for April 27, undistributed profit last year amounted to 179.81 million UAH. In H1 2022, the company processed 87.7 thousand…
In 2022, Druzhkovka Metal Wares Works decreased net profit by 69.1% YoY, to 33.832 million UAH. According to the information prepared for the annual shareholders meeting scheduled for April 25, undistributed profit amounted to 404.665 million UAH. The shareholders intend to distribute the 2022 profit and decide on paying dividends for 2022 in the amount…
In 2022, according to the Ukrainian Center of Steel Construction, the metal structures market decreased by 55-65%. “In 2021, the market grew by 5%, to 155 thousand tons. According to our estimates, last year the drop in demand for construction metal structures was 55-65%. Because of the war, half of our members were forced to…