A group of 11 companies indulged in metal processing and special equipment manufacture has relocated to Zakarpatskiy region. Some assets have already been placed in Uzhhorod. “This is a family business managed by the Shufani family. All the enterprises of the corporation are interlinked and produce almost everything: there are two pipe works, enterprises that…
One of iron and steel works in Dnipro is carrying out ecological modernization. In particular, the company is sealing coking chambers by way of ceramic surfacing. Thanks to this, coke gas does not get into atmosphere. This decreases the level of man-made burden on environment. The works started after numerous complaints from locals on unpleasant…
In 2023, the main mining and processing enterprises of Ukraine received 317.53 billion UAH of income, up by 23% YoY. Zaporizhstal leads the ranking with 56.4 billion UAH, up by 20%. Despite this, for the second year in a row the company has been demonstrating losses of 4 billion UAH. Kametstal is second with 43.07…
In January-June, the metallurgical industry produced goods worth almost 77 trillion soums with annual growth of 8%, the Statistics Agency reported. Meanwhile, supplies of metal products increased by almost 4%. In the first half of the year, Uzbekistan exported non-ferrous metals worth $688.2 million, down by 3.8%. Exports of pig iron and steel decreased by…
The price of electricity for metal enterprises is constantly growing, including because of the unreasonable decision to change the share of imports for companies that what uninterrupted supply of electricity. The president of Ukrmetallurgprom Olexander Kalenkov highlights the fact that due to the continuous cycle of manufacture, metal companies cannot physically shut down and then…
During a meeting of the Government, the Minister of Industry and Construction of the Republic of Kazakhstan Kanat Sharlapaev informed that the metallurgical industry was scheduled to implement 21 projects with a total investment of 464.2 billion tenge this year. Sharlapaev has noted that the schemes are expected to result in the creation of more…
A memorandum on building a metallurgical factory in the city was signed by Liu Yunmin, Chairman of the Board of Fujian Hengwang Investment, and akim of Shymkent Gabit Syzdykbekov. The memorandum was finalized within the parameters of the agreements determined after the prior meeting. The Temir industrial zone, where the facility was intended to be…
Poland is successfully initiating new sanctions against Russia, despite the additional financial pressure on local manufacturers, while some other countries bargain for exclusions for them, the director of the Global Politics Institute Yevhen Magda has said. “The permanent representative of Poland in the EU must be more exacting and categorical, especially as to the desires…