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In 2022, Kryvyi Rih enterprises of Metinvest paid 9.2 billion UAH to the state and local budgets. Income tax amounted to 2.67 billion UAH, single social contribution – 1.31 billion UAH and personal income tax – 1.12 billion UAH. Despite the martial law, the enterprises increased subsoil rent payment to 3.1 billion UAH and land…
DetailsDespite the war, from March 1 Interpipe will increase wages of its employees on average by 15%. The decision will cover all employees in Dnipro, Nikopol and Novomoskovsk. According to CEO Andrei Korotkov, for almost a year the company has been living and operating in the conditions of a full-scale war and has experienced considerable…
DetailsIn 2022, Tajikistan produced 62 thousand tons of primary aluminum, up by 2.5% YoY. According to the minister of economic development and trade Zavki Zavkizoda, 51 thousand tons valued at $140 million were exported, up by 3.6%. The forecast for the output last year was 80 thousand tons and exports – 50 thousand tons. This…
DetailsIn 2022, visible demand for steel in Poland totaled 11.3 million tons, down by 2 million tons YoY. According to the Polish Steel Distributors Union (PUDS), the steel market was severely hit by the Russian invasion of Ukraine. The negative trend will continue this year. Steel output in 2022 dropped by 10%, to 7.5 million…
DetailsSolar plants in Latvia will be constructed using metal structures manufactured by KNESS in Vinnytsia. “In Vinnytsia KNESS has relaunched manufacture of metal structures to fasten photovoltaic modules. Solar plants in Latvia will be built on Ukrainian metal structures,” the Vinnystia deputy mayor Andrii Ocheretniy has said on Facebook. KNESS provides jobs to around 400…
DetailsDmytro Golikov, CEO of Ukrainian Mining and Metallurgical Company, has bought almost 100% of the company shares. At present, Golikov owns 99.999986% of shares. In Q3 2022, Lanacomo Limited and Leadpoint Holding (both from Cyprus) owned 50% of shares each. (Ukrainian metal)
DetailsIn January-October 2022, limestone transportation via railroad decreased by 64% YoY, to 3.23 million tons. In October 2022, transportation amounted to 236 thousand tons, up by 3% MoM. (Ukrainian metal)
DetailsShareholders of Zaporizhstal intend to appoint Roman Slobodyanyuk CEO of the company. Since January 1, he has been serving as acting CEO. The decision will be taken at the extraordinary shareholders meeting scheduled for March 16. The previous CEO Alexander Mironenko will continue his work as Metinvest COO. (Ukrainian metal)
DetailsDobrovelichkovskaya community of Kirovograd region is looking for investors to develop lithium deposit. A site of the lithium ore Dobra is situated on the community territory. An investment passport has been developed with the help of U-LEAD experts. (Ukrainian metal)
DetailsIn January-November 2022, Kazakhstan exported 4.2 tons of gold valued at $66.9 million. In tons, this is almost as much as in the whole 2021. Revenue grew by 88%. Compared with the result of 2018, in volume exports increased by 16.6% and in revenue almost 7-fold. Last year, the structure of exports changed. While in…
DetailsIn January, Ukraine produced 283 thousand tons of steel, down by 84.7% YoY. Pig iron manufacture dropped by 86.6%, to 240 thousand tons, and rolled metal – by 84.6%, to 257 thousand tons. In 2022, Ukraine produced 6.26 million tons of steel, down by 70.69% YoY. (Ukrainian metal)
DetailsIn 2022, Ukraine produced 3.91 million tons of bulk 6% moisture coke, down by 59% YoY. Metallurgical coke manufacture totaled 3.354 million tons. In December 2022, Ukraine produced 198 thousand tons of bulk coke, down by 15.7%, including 171 thousand tons of metallurgical coke, down by 16.2%. By-product coke plants received 4.594 million tons of…
DetailsArcelorMittal Kryvyi Rih intends to increase the loading of its capacities from the current 25% to 50% due to improvement of energy supplies in the first half of the year. At present, the company operates only one blast furnace out of four, but with the improvement of energy supplies, it will resume operation of another…
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