The Ministry of Industry and Construction has announced the prolongation of the ban to export scrap for 6 more months since August 22. The ban covers ferrous metal wastes, as well as used pipes and rails. It is expected that the ban will provide local steel manufacturers with raw materials and increase capacity loading at…
3,483.7 thousand tons of coal were mined by large enterprises in Uzbekistan in January-July. This production volume increased by 12.4% compared to the corresponding period of 2023. In July, 844.7 thousand tons of coal were mined by large enterprises. (Statistics Agency)
A gold bar production workshop is expected to be opened in Kara-Balta city as part of a state project, the city mayor Milan Zhekshenov has announced. According to him, the construction and reconstruction of the building of the workshop have been fully completed – the area of the facility is 1,500 square meters. The total…
The nationalized Mykolaiv Alumina Plant, belonging to the Russian oligarch Oleg Deripaska before the invasion, is yet unable to fully resume operation. “The plant is managed by the State Property Fund. We maintain its operating condition. Now its operation is suspended due to the blocking of Mykolaiv seaports and the danger of shelling. All this…
The State Property Fund explained why the Demurinsky Mining and Processing Works LLC was not auctioned together with the United Mining and Chemical Company JSC. The key reason was the preparedness for privatization. UMCC was already prepared for the auction, while adding DGOK would have delayed the process. Moreover, consultations with promising buyers showed that…
This year, Ukraine intends to increase steel output by 1 million tons, to 7.2 million tons. “If the situation doesn’t get worse (for which we all hope), this year steel output of not less than 7.2 million tons of steel can be expected. We finished 2023 with 6.2 million tons. Thus, an increase can amount…
The repeated auction to sell 97.5458% of shares of the Zaporozhye Aluminum Combine JSC with the reduced starting price of 75.93 million UAH, scheduled for August 22, was not held. The hybrid Dutch auction was canceled due to lack of bidders. The initial auction with the starting price of 151.86 million UAH was scheduled for…
In January-July, global steel output decreased by 0.71% YoY, to 1107.24 million tons. China remains the leader with 613.72 million tons of steel produced, down by 2.2%. China’s share in global steel output is 55.4%. Ukraine produced 4.58 million tons of steel, up by 33.61%, and remained on the 21st place among 71 steel manufacturers.…