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In 2022, Odescable received 27.24 million UAH of losses, as opposed to a net profit of 55.4 million UAH in 2021. Undistributed profit totaled 148.27 million UAH, down by 15.3%. The company assets decreased insignificantly, to 1.36 billion UAH. Current liabilities remained almost on the previous year level, totaling 868.2 million UAH, while fixed liabilities…
DetailsIn 2022, DTEK Energo invested 3.9 billion UAH in coalmining. This allows preparing for the next heating season. The specifics of coal industry require long-term planning, including in the conditions of war, the group has said. (Ukrainian metal)
DetailsZaporizhstal intends to save this year more than 700 kWh of electricity with the help of the Dalgakiran compressors. “Thanks to the compressors installed in the oxygen-compressor shop, electricity usage has been decreased from 100 kWh per cubic meter to 90 kWh. In 2023, we have big plans for the machines – to save more…
DetailsRussian troops have shelled Avdiivka Coke and Chemical Works and destroyed a part of the management buildings. “4 wounded have been dug out. One of them was in bad condition. They have all been taken to the hospital,” a people’s deputy Musa Magomedov has reported. Since July 2005 Magomedov has been the chairman of Zaporizhkoks…
DetailsUkrzaliznytsia has successfully sold 30.07 thousand tons of ferrous scrap valued at 146.46 million UAH. The company planned to sell 37.3 thousands tons for 150.76 million UAH. Average price was 5.01 thousand UAH per ton. The company offered 54 lots of scrap, of which 34 were sold. Ukrzaliznytsia was unable to sell 7.22 thousand tons…
DetailsIn January-February, Ukraine decreased steel manufacture by 79.3% YoY, to 708 thousand tons. According to Ukrmetalurgprom, pig iron output fell by 77.6%, to 737 thousand tons. Ukraine also produced 591 thousand tons of rolled metal, down by 79.9%. (Ukrainian metal)
DetailsIn January-June 2022, Metinvest B. V. revenue amounted to $5.27 billion, down by 38% YoY. In particular, metallurgical segment revenue dropped by 44%, to $3.6 billion, and mining – by 18%, to $1.67 billion. EBITDA decreased by 59%, to $1.56 billion: metallurgical division – by 84%, to $287 million, and mining – by 47%, to…
DetailsDneprometiz has issued bonds of the fifth issue – D, E, F, G and H – with the total value of $ 5 million. All the issues were registered on February 24. Each issue contains 1 thousand bonds valued at $1 thousand each. (Ukrainian metal)
DetailsOn February 22, following an auction Selidovugol ordered Podshipnikcenter Trading House the delivery of various bearings valued at 22 million UAH (with VAT). Some bearings will be made by SKF. The delivery must be paid within 8 months. 1.47 million UAH will be paid for roller bearings 3618 of unknown manufacture at 5340 UAH with…
DetailsUkrainian metal companies were unable to increase exports to the USA despite the cancellation of an additional duty of 25% on steel from June 1, 2022. “We mostly supply pig iron there. That’s because of a number of antidumping duties imposed in late 1990s and early 2000s, when Ukraine had no status of a country…
DetailsIn February, Zaporizhstal decreased rolled metal manufacture by 55.1% YoY, to 99.6 thousand tons. Pig iron output dropped by 65%, to 125 thousand tons, and steel – by 62%, to 119.4 thousand tons. Compared with January, rolled metal manufacture increased by 36.4% and steel – by 32.8%, while that of pig iron fell by 24.7%.…
DetailsKyrgyzstan should have a unified policy in the field of coalmining, the President of the Board of the Association of Miners and Geologists of the Kyrgyz Republic Duishenbek Kamchybekov has said. According to him, more than 400 licenses are in the hands of coalmining enterprises to date in the country. More than half of them…
DetailsOver 9 months of 2022, the project “Decreasing irrevocable losses of cutting fluid” saved Armenal $540 thousand by decreasing the fluid usage by 17%. “Initially we planned to save 7.5%, but the CEO Arthur Zakaryan set a more ambitious goal – decreasing cutting fluid usage by 15% compared with 2021,” the manager of the project,…
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