The losses of the state-owned company “Mini Maritsa-Istok” are escalating at an alarming rate due to decreased operations and a decline in coal sales, according to a report on the company’s performance in the second quarter of 2024. From January to June, the company generated 116 million leva in operating income, a significant drop from…
Kumtor Gold Company, within the framework of support of domestic production, as well as the renewal and modernization of the service vehicle fleet, purchased several crossovers Chevrolet Tracker, produced at Tulpar Motors plant, for the corporate fleet. The purchased Chevrolet Trackers will replace the cars, the service life of which has come to the end.…
In January-September, global steel output amounted to 1394.15 million tons, down by 1.92% YoY. According to Worldsteel, China was the leader with 768.48 million tons, down by 3.6%. Ukraine remained on the 20th place among 71 global steel producers, having manufactured 5.88 million tons, up by 28.17% YoY. (Ukrainian metal)
In January-September, Azerbaijan produced 461.7 tons of copper wire, up 5.1-fold YoY, 47.435 thousand tons of aluminum wares, up by 65.7%, and 290.2 thousand tons of steel castings, up by 21.8%. Manufacture of rebars increased by 32.1%, to 317.1 thousand tons, but of steel pipes fell by 70.8%, to 68 thousand tons, and raw lead,…
In January-September, Centravis increased stainless seamless pipes manufacture by 8% YoY, to 10.18 thousand tons. Almost everything is exported – mostly to the EU, USA, Near East and Asia. The share of exports this year amounts to 98.9%. (Ukrainian metal)
In January-September, Ukraine decreased exports of titanium-containing ore and concentrate by 43.5% YoY, to 5.102 thousand tons. According to the State Customs Service, revenue decreased by 44.4%, to $8.394 million. The main customer was Turkiye (61.07% in monetary terms), followed by Poland (9.15%) and Egypt (5.6%). Over 9 months, Ukraine imported 167 tons of titanium-containing…
In January-September, Ukraine increased scrap exports by 54.4% YoY, to 202.421 thousand tons. According to the State Customs Service, in September Ukraine exported 24.767 thousand tons of scrap, in August – 28.425 thousand tons, in July – 24.072 thousand tons, in June – 22.161 thousand tons, in May – 14.952 thousand tons, in April –…
In Donetsk region, as a result of technological disturbances, a mine was cut off grid, while in Lviv region a fire broke out on a mine territory. According to the Energy Ministry, at the moment of the accident, 20 employees were underground in Donetsk region. They were safely taken to the surface. In Lviv region,…