Ukrzaliznytsia has asked the Cabinet of Ministers to allow it selling a part of its scrap to major global metal manufacturers via direct agreements without export duty. “There is an idea to sell a part of scrap for export at the external prices, which are 2-2.5 times higher than in Ukraine. Back in April, we…
In January-August, Ukraine procured 754.5 thousand tons of scrap, down by 3.5% YoY. Domestic deliveries of scrap to metal plants decreased by 15.8%, to 601.1 thousand tons. Imports fell by 62.5%, to 0.6 thousand tons. At the same time, exports went up 3.9-fold, to 117.5 thousand tons. As of September 1, scrap stocks at metal…
Ukraine has shipped its first batch of uranium to Canada under an agreement signed between Energoatom and Cameco. The agreement presupposes the supply of all uranium extracted by Vostochniy Mining and Processing Works to Canada and its further conversion into natural uranium hexafluoride (UF6). Such a process is necessary to prepare uranium for its further…
In August, Dniprovskiy Iron and Steel Works decreased rolled metal output by 67.4% MoM, to 4.4 thousand tons. Coke manufacture dropped by 15.3%, to 25.8 thousand tons. Compared with August 2022, rolled metal production decreased by 64.7%, while that of coke grew 2-fold. The decrease was due to the repairs of the main machinery. In…
Interpipe has designed, developed and tested new Intrepid-MT premium-class joints for oil companies from the USA. Thanks to their high strength and impermeability, Intrepid-MT can be used as part of casing columns in inclined and horizontal oil and gas shafts. (Ukrainian metal)
In January-August, Ukraine decreased coke and semi-coke imports by 50.5% YoY, to 160.592 thousand tons. According to the State Customs Service, expenses dropped by 56.7%, to $69.496 million. Exports fell by 44.7%, to 2.043 thousand tons valued at $489 thousand, down by 50.4%. The only customer was Moldova, while the main supplier was Poland (88.01%…
The morning of September 8 was difficult for Kriviy Rih. As a result of the Russian terrorist missile strike, a Rudomine office has been damaged. All the employees were at their places and remained unhurt. At the same time, dozens windows were knocked out as a result of the blast wave. (Ukrainian metal)
On September 28, Zaporozhye Iron Ore Complex will hold a remote shareholders meeting. The company ended last year with the net loss of 371.605 million UAH as opposed to a net profit of 5.193 billion UAH in 2021. The shareholders intend to cover last year losses with the cover from the future periods. They will…
