In 2022, visible demand for steel in Poland totaled 11.3 million tons, down by 2 million tons YoY. According to the Polish Steel Distributors Union (PUDS), the steel market was severely hit by the Russian invasion of Ukraine. The negative trend will continue this year. Steel output in 2022 dropped by 10%, to 7.5 million…
The trade union receives numerous appeals from workers of the industry enterprises on the issue of wage increase, the Chairman of the Central Committee of the Mining and Metallurgical Trade Union of Kyrgyzstan Eldar Tadzhibaev has said. The miners and metallurgists are demanding better wage conditions, namely, a two-fold increase in pay rates and official…
The mining and metal complex is increasingly more dependent on export possibilities than other spheres of Ukrainian economy – on foreign markets Ukraine used to sell around 60% of its mining products and 80% of metal. 70% of metal products were exported via seaports, Alexander Kalenkov, president of the Ukrmetallurgprom Association, said. Under the current…
Sanctions must be applied against the entire Russian metal complex, while Ukrainian metal companies must get full access to the American market, the first vice prime minister, minister of economy of Ukraine Yuliya Sviridenko has said at the meeting with the secretary of commerce of the USA Gina Raimondo. “Steel is the sphere in which…
At present only 6 metal enterprises situated on the non-occupied territories operate in Ukraine. Their average capacity is 15% of the pre-war level. Mining enterprises are better off, as their capacity is around 25%. At the same time, operation at Ingulets GOK, UGOK and AMKR mining and processing works has been suspended. The situation is…
Unblocking ports to export metal products will improve situation both for the Ukrainian industry and for state finances, as the country can export $500 million worth of metal each month. “Ukraine is at war. So each dollar, which we can receive for our products, is needed – to fulfill social obligations and buy weapons. Ukraine…
Russia is stealing metal products on occupied territories of Ukraine and after that passes off them as its own and tries to sell them. According to the chairman of the Metallurgists of Ukraine Federation Sergey Belenkiy, it is unknown, who much metal has been stolen, but Mariupol warehouses stocked metal worth hundreds of millions. “Hundred…
The deputy economy minister Taras Kachka says Ukraine wants an agreement on metal exports like the “grain deal”. He says the Istanbul agreement on food could also be transferred to the delivery of other products, in particular, metals. This is an “agreement on logistics, on the movement of ships over the Black Sea”. “In this…