In January-September 2023, Zaporizhstal decreased net loss by 91.8% YoY, to 236.623 million UAH. Net income grew by 9.2%, to 41.329 billion UAH. Undistributed profit amounted to 28.961 billion UAH. (Ukrainian metal)
The Antimonopoly Committee of Ukraine has allowed Dneprometiz TAS LLC buying the Nail company, one of the largest manufacturers of nails. The decision was taken on December 28, 2023. The TAS Group announced its decision to buy the company in early 2022, before the Russian full-scale invasion. Nail controls 30% of nail market in Ukraine.…
In January-October 2023, Ukraine exported 86.47 thousand tons pipes to the USA, up by 31.4% YoY. Revenue grew by 22.2%, to $169 million. Ferrous seamless pipes, tubes and hollow sections accounted for the most part of exports – 86.46 thousand tons, up by 32%. In October 2023, pipe exports amounted to 4.24 thousand tons, down…
This year, Sukha Balka has extracted 931 thousand tons of iron ore. “The full-scale war is raging in Ukraine for the second year and we have to cope with the war time challenges. Around 1 thousand of our employees are in the army now. But despite many crises DMZ and Sukha Balka continue operating,” DCH…
In January-September, Nikopol Ferroalloy Plant received net loss of 3.44 billion UAH as opposed to net profit of 831.69 million UAH last year. Net income dropped by 21.3%, to 7.74 billion UAH. Undistributed profit amounted to 5.99 billion UAH. Over 9 months, NZF produced 39.63 thousand tons of ferrosilicomanganese and sold 58.95 thousand tons. (Ukrainian…
ArcelorMittal Kriviy Rih has relieved financial director Sergey Plichko of his duties. His office ended on December 25. Plichko has been working as the CFO for 7 years. Pavel Zadorozhniy has been appointed acting financial director and chief accountant till January 5, 2024. (Ukrainian metal)
Russian occupiers take stolen things, including metal scrap, from the port of Berdyansk, and bring in ammunition and heavy military machines, the deputy head of Berdyansk district council Victor Dudukalov reports. According to him, there is anti-aircraft defence in the port and the shelters are constructed there. “We can clearly say that the port now…
In 2023, Rudomine LLC has decrease iron ore output by 25% YoY. Capacities were loaded at the level of 50%. The number of employees decreased from 1250 to 950 due to mobilization. New workers are hired only in the direst need, including the integration of women into traditionally men professions. Sales decreased by 75%. (Ukrainian…
