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In January-March, Ukraine decreased exports of iron ore and concentrate to the European Union by 9.4% YoY, to 3.66 million tons. In monetary terms exports decreased by 16.5%, to EUR 412.71 million. The Czech Republic bought 1.17 million tons (+7%), Poland – 1.08 million tons (+11.9%), Slovakia – 1.32 million tons (+14.7%) and Hungary –…
DetailsIn 2022, ArcelorMittal Kriviy Rih received 49.9 billion UAH of losses, while in 2021 it had a net profit of 25.2 billion UAH. Net loss per share was 12.7 UAH. Assets totaled 52.68 billion UAH and long-term liabilities – 6.04 billion UAH. The company CEO Mauro Longobardo said that the main conclusion was that the…
DetailsIn January-March, Uzbekistan exported $3.06 billion worth of gold, up by 1.4% YoY. In the first quarter of 2022, foreign supplies reached $2.4 billion, down by 17.2%. Uzbekistan supplied $4.11 billion worth of gold abroad in 2022, compared to $4.1 billion in 2021. (Uzreport/Ukrainian metal)
DetailsThis year, ArcelorMittal Kriviy Rih intends to increase investments to $130 million. Moreover, in 2024, the company plans to export 50% of its products to Europe. “In 2022, we invested $120 million, and in 2023 we plan to invest $130 million. Our grand project is the construction of the third card tailings, which is ongoing…
DetailsIn January-April, global steel output totaled 622.74 million tons, down by 0.34% YoY. According to Worldsteel, China remained the leader, having produced 354.39 million tons, up by 4.1%. The country’s share in global steel output is 56.9%. Ukraine produced 1.81 million tons of steel, up by 46% YoY. The country has gone up from the…
DetailsOn May 18, Ukrgazvydobuvannya ordered Interpipe Ukraine steel pipes for 401 million UAH. Until November, the company has to supply 4044 tons of hot-deformed seamless steel pipes produced by Interpipe Niko Tube with protective coating. The coating has to be manufactured either by Interpipe Novomoskovsk Pipe Works or Ukrtruboizol. The only competitor of Interpipe was…
DetailsThe State Investigation Bureau has notified of four ex-CEOs of the state enterprise Volynugol of suspicion of activities resulting in a damage of 1.17 billion UAH to the environment and subsoil. The CEO managed the enterprise from 2017 to 2022. In 2018, the enterprise’s special allowances for coal extraction at two out of five mines…
DetailsA criminal case has been opened on the fact of illegal gold mining in Chatkal district of Kyrgyzstan, press service of the Prosecutor General’s Office reports. “It was found out that in 2021 the officials of Chatkal forestry entered into an agreement with a LLC on the lease of a land plot at Karatyube-Buzuk deposit…
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