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Metinvest has supplied three 3D-printers to the National Guard of Ukraine. The group has also provided 18 kg of special plastics to print spare parts. “Such printing is very popular with the military. It was not easy finding these printers. It took us around 1.5 months,” Metinvest COO Alexandr Mironenko has said. According to the…
DetailsProvided the sea corridor operates stably, in the first quarter of 2024 iron ore exports could reach 2-3 million tons per year. “That is for all Ukrainian manufacturers. Before the full-scale Russian invasion, Metinvest alone exported 2 million tons of iron ore per month. Yet, there is a potential to expand other exports – metals,…
DetailsMetinvest, as a major shareholder of Zaporizhstal, has initiated an extraordinary shareholders’ meeting to transform the latter from the public joint stock company into private joint stock company. The meeting is scheduled for January 29. There are 18 issues on the agenda, among which is appointing KPMG Audit the auditor for 2020-2022. Net profits received…
DetailsOn January 22, Donetskkoks will hold a remote shareholders meeting. The shareholders will discuss firing the company liquidator Mikhail Vergun. Konstantin Teneta could be appointed instead. The company is situated on the temporarily occupied territory. (Ukrainian metal)
DetailsIn January-September 2023, Zaporizhstal decreased net loss by 91.8% YoY, to 236.623 million UAH. Net income grew by 9.2%, to 41.329 billion UAH. Undistributed profit amounted to 28.961 billion UAH. (Ukrainian metal)
DetailsThe Antimonopoly Committee of Ukraine has allowed Dneprometiz TAS LLC buying the Nail company, one of the largest manufacturers of nails. The decision was taken on December 28, 2023. The TAS Group announced its decision to buy the company in early 2022, before the Russian full-scale invasion. Nail controls 30% of nail market in Ukraine.…
DetailsIn January-October 2023, Ukraine exported 86.47 thousand tons pipes to the USA, up by 31.4% YoY. Revenue grew by 22.2%, to $169 million. Ferrous seamless pipes, tubes and hollow sections accounted for the most part of exports – 86.46 thousand tons, up by 32%. In October 2023, pipe exports amounted to 4.24 thousand tons, down…
DetailsThis year, Sukha Balka has extracted 931 thousand tons of iron ore. “The full-scale war is raging in Ukraine for the second year and we have to cope with the war time challenges. Around 1 thousand of our employees are in the army now. But despite many crises DMZ and Sukha Balka continue operating,” DCH…
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