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Following other industrial assets, controlled by the Privat group, Nikopol Ferroalloy Plant has also suspended operation. One of the main reasons is the problem with product sales, as well as electricity supplies in autumn and winter. The arrest of the key beneficiary Ihor Kolomoiskiy has also affected the situation. In October, Marganets and Pokrovs Mining…
DetailsIn January-September, Ukrgraphit received net profit of 128.23 million UAH, up by 0.7% YoY. Income grew by 8.7%, to 1.322 billion UAH. Undistributed profit totaled 3.833 billion UAH. (Ukrainian metal)
DetailsDnipro Pipe Works, a part of the Industrial Union of Donbass group, has again been put on sale at the Prozorro.Sales site. The size of the works is 24.775 square meters. The company specialized in the manufacture of seamless and electric-welded pipes made of carbon and low-alloyed steel. DTZ pipes were mostly used in construction.…
DetailsIn September, Sukha Balka commissioned a new manufacturing capacity in the Mine named after Frunze. The block is situated at the depth of 1200 meters. Iron ore reserves amount to 45 thousand tons with high iron content (62.9%). The work was performed by the miners of the site No. 21. Mining will be carried out…
DetailsIn January-August, Ukraine exported 366.4 thousand tons of iron ore to Turkey, down by 13.2% YoY. According to TUIK, in August exports increased by 3.4% YoY, to 33.005 thousand tons. Ukraine occupied the third place as the supplier of iron ore to Turkey, after Brazil and Sweden. (Ukrainian metal)
DetailsIn January-September, Interpipe paid 3.185 billion UAH of taxes to budgets of all levels, up by 59% YoY. In particular, tax payments to the state budget amounted to 2.4 billion UAH and to the local budgets – 363 million UAH. The company has also paid 415 million UAH of the unified social payment. (Ukrainian metal)
DetailsCorum group is actively working on a new mine winder for the Pokrovsk Mine Group. The lifting capacity of the machine will be 2200 kg. It will also be more energy efficient, allowing saving up to 40% of electricity at each climbing cycle. This is already the second winder made by Corum Group for Pokrovsk…
DetailsIn January-September, global steel output amounted to 1406.38 million tons, up by 0.08% YoY. Ukraine produced 4.59 million tons of steel, down by 16.93%, staying at the 24th place among 64 global steel manufacturers. China remained the leader with 795.07 million tons, up by 1.7%, accounting for 56.5% of total sales. (Ukrainian metal)
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