Shareholders of the Yuzhniy Mining and Processing Works intend to keep the net profit of 29.8 billion UAH received in 2021 undistributed. The issue will be discussed at the extraordinary shareholders meeting scheduled for November 25. He shareholders will also elect new members of the revision committee and the chairman. (Ukrainian metal)Details
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Metinvest is implementing measures to decrease water and electricity consumption at its enterprises. Thus, Metinvest Pokrovskugol transport department has launched an efficient water usage by using it twice. This not only saves resources, but also provides the uninterrupted operation of car wash during war. Every morning all the transport means are washed. On average 100…Details
Metinvest under its “Steel Front” initiative has provide the Defence Intelligence Service with 110 thermal imager sights valued at around 11 million UAH. Such devices are used in the enemy rear in special operations, as well as when patrolling on own territory. “We have been waiting long for this batch of sights, since there are…Details
In January-September, Ukraine decreased coal import 3.2-fold YoY, to 4.5 million tons. According to the State Customs Service, in monetary terms imports dropped by 27.1%, to $1.1 billion. Russia supplied $430.16 million worth of coal (pre-war deliveries, the share was 39.02%), USA – $309.18 million (28.04%), Australia – $127.43 million (11.56%) and other countries –…Details
At a meeting in Zhetysu region the Head of State said that Kazakhstan had large lithium reserves by various estimates ranging from 50 to 100,000 tons. The country’s geological service should speed up its activities in this direction, as development and exploration require large investments. The region has good industrial growth dynamics. Since the start…Details
As a result of January-September, Zangezur Copper-Molybdenum Works was the largest taxpayer in Armenia. In 9 months, the company transferred 129.2 billion drams ($318.4 million) to the state budget, up 3-fold YoY. Of these customs duties accounted for 1.4 billion drams, direct taxes – 39.2 billion drams, VAT – 2.4 billion drams and other taxes…Details
In January-August, Nikopol Ferroalloy Plant decreased output by 23.4% YoY, to 342.87 thousand tons. Silicomanganese manufacture dropped by 18.2%, to 337.26 thousand tons, ferromanganese and other ferroalloys – by 84.3%, to 5.61 thousand tons, including 4.87 thousand tons of ferromanganese. In August, NZF produced 35.2 thousand tons of ferroalloys. (Ukrainian metal)Details
In September, Ukraine exported 24.4 thousand tons of titanium-containing ore, down by 16.4% MoM and by 38.7% YoY. According to the State Customs Service, in monetary terms exports have decreased by 12.5% and by 7.5% respectively, to $11.9 million. In January-September, exports totaled 244.1 thousand tons, down by 40.8% YoY, valued at $98.5 million, down…Details
Metinvest has sent another batch of 800 high-protection class bulletproof vests to the Avdiivka area. According to the experts, the vests are made of high-strength steel. “We support our military in the fight against the Russian horde. Metinvest Group has already provided the defenders and the critical infrastructure employees in Avdiivka with over 2300 ammunition…Details
Under his “Steel Front” initiative, the Ukrainian businessman Rinat Akhmetov has provided the Armed Forces of Ukraine with 25 mobile shelters made of steel. There are plans to provide 30 such shelters each month. The shelters were developed by Metinvest. They represent a full-scale housing: they have a rest zone, a place for a stove…Details
In January-September, Ukraine decreased coke and semi-coke exports by 98% YoY, to 3.7 thousand tons. According to the State Customs Service, in monetary terms exports have fallen by 97.5%, to $987 thousand. The main customers were Hungary (43.62% in monetary terms), Georgia (38.56%) and Turkiye (17.81%). In 9 months, Ukraine imported 331.94 thousand tons of…Details
In January-September, scrap deliveries to metal companies decreased by 70.1% YoY, to 755.5 thousand tons. According to UAVtormet, scrap procurement dropped by 73.5%, to 830 thousand tons. Exports fell 13-fold, to 35.2 thousand tons, and import – almost 11-fold, to 1.6 thousand tons. (Ukrainian metal)Details
In January-June, Interpipe NTZ received a net loss of 882.682 million UAH as opposed to a net profit of 163.581 million UAH in H1 2021. Net income fell by 42.8%, to 4.175 billion UAH. Undistributed profit as of the end of June totaled 2.95 billion UAH. Consolidated loss amounted to 882.732 million UAH as opposed…Details