The Ukrainian Association of Secondary Metals forecasts that this year procurement of ferrous scrap will amount to 1.45-1.65 million tons, down by 5-17% YoY. Last year, Ukraine procured 1.75 million tons of scrap, up by 37%. “We expect the problems we experienced last year to aggravate this year,” the association chairman Vladimir Bublei has said.…
A meeting was held at the state enterprise Navoiuran with a delegation from the Japanese corporation Itochu Corporation, led by Daisuke Inoue, Executive Director and Chief Operating Officer of the Metals and Mineral Resources Department. The Japanese delegation was welcomed by the leadership of the enterprise, headed by Jamal Faizullaev, General Director of the State…
Armenia’s state budget has, for the first time, received a 33-billion dram dividend from the Zangezur Copper-Molybdenum Combine (ZCMC), Prime Minister Nikol Pashinyan has announced during a press conference. He noted that since 2021, the Armenian government – meaning the people – had been a shareholder in ZCMC, with its stake valued at several tens…
Kazakhmys Progress LLC in Balkhash has produced grade ST-1 technical selenium. The first industrial batch was made using the unique method of vacuum distillation. The new technique increased added value of selenium from 30% to 97% of the global market price. The first batch comprised 100 tons. Selenium contents were 99.5%. (Ukrainian metal)
Centravis is negotiating with the Ministry of Economy the launch of an anti-dumping investigation of the import of stainless steel pipes from China. “We are working with the ministry to protect Ukrainian manufacturers via antidumping tariffs,” the company CEO Yuri Atanasov said. At present the company is gathering information for analysis. (Ukrainian metal)
The President of Ukraine Wolodymyr Zelenskyi has signed the bill “On some amendments to laws of Ukraine on restoration of solvency of certain state enterprises in critical condition in the sphere of energy”. The corresponding bill No. 12220 was returned to the Parliament with the president’s signature on January 29. The Verkhovna Rada adopted the…
Since 2022, processing companies can receive grants from the state of up to 8 million UAH to modernize or buy new manufacturing machinery. The grant program is a part of the state policy to support and develop Ukrainian manufacturers “Made in Ukraine”. The Russian full-scale invasion disrupted supply chains for Sitka Zakhid Ukraina. The main…
In 2024, Centravis increased manufacture of seamless stainless pipes by 12.6% YoY, to 13.7 thousand tons. According to the company production director Andriy Krasyuk, this year Centravis plans to increase output to 15 thousand tons. The company’s main capacities are located in Nikopol, situated in close proximity to the military zone. There is also an…