In line with the President’s directive to diversify economy and attract investments, Kazakhstan’s Zhambyl region is carrying out comprehensive work to support projects in the manufacturing sector. One such initiative is the construction of a metallurgical plant in the Jibek Joly special economic zone in the Shu district, with the Akim (governor) of Zhambyl region…
After a 2-year break, Ukrzaliznytsia intends to resume scrap auctions on May 15 by putting 70 thousand tons up for sale. On April 15, the company representatives held a meeting with business, in particular major scrap consumers – metal plants, scrap processors and procurers. They discussed resumption of scrap sales via Prozorro.Sales, volumes and terms.…
Kremenchuk Steel Works JSC has corrected its net profit figures for 2024 and 2023 and doesn’t plan to distribute it. According to the statement on the changes to the agenda of the shareholders meeting to be held remotely on April 30, in 2024 KSZ received a net profit of UAH 369 million. The shareholders will…
The real effect of the U. S. universal 10% duty can be estimated only with time, as the new trade conditions have just come into force and none knows how the market situation will evolve, ArcelorMittal Kryvyi Rih CEO Mauro Longobardo has said. At the same time, the company customers in the USA are trying…
The State Service of Subsoil Use has canceled the license of the Motronovsky Mining and Processing Works to extract titanium ores at the Malyshevskoye deposit in Dnipropetrovsk region. The company has to stop its operation within 10 days. The end beneficiary of the Motronovsky GOK is Dmitry Firtash. The cancellation of the license is connected…
In January-March, Ukraine exported 294.202 thousand tons of carbon steel semi-finished products, down by 34.8% YoY. According to the State Customs Service, in monetary terms exports fell by 37.4%, to $138.386 million. The main customers were Bulgaria (43.06% in monetary terms), Turkiye (20.15%) and Poland (9.44%). In Q1, Ukraine imported 2.902 thousand tons of semi-finished…
In January-March, Ukraine exported 277 tons of titanium-containing ores and concentrate, down by 88.1% YoY. According to the State Customs Service, in monetary terms exports have decreased by 87.1%, to $496 thousand. The main customers were Uzbekistan (35.61% in monetary terms), Turkiye (35.01%) and Egypt (29.38%). In Q1, Ukraine imported 22 tons of titanium ores…
Reclamation of the uranium site in Min-Kush (Naryn region) will be completed in autumn. This was announced at a meeting of the Minister of Emergency Situations of Kyrgyzstan Boobek Azhikeev with the Deputy Director General of Rosatom State Corporation Nikolai Spassky. According to the press service of the Ministry of Emergency Situations, the main topic…