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In January-October, scrap procurement decreased by 74.6% YoY, to 875 thousand tons. Exports totaled 37.7 thousand tons, down from 503.5 thousand tons. Imports fell from 19.8 thousand tons to 2 thousand tons. Scrap deliveries to metal companies amounted to 801.7 thousand tons, down by 71.1%. As of November 1, scrap stocks are estimated at 20-25…
DetailsIn January-September, Kametstal paid almost 1 billion UAH of taxes to budgets of all levels. More than 400 million UAH was paid to the city budget of Kamyanske. The regional and state budgets received 586 million UAH. (Ukrainian metal)
DetailsEmployees of the Ingulets Mining and Processing Works have constructed a new crossing over the Ingulets River in the Shirokoye settlement. The crossing was damaged as a result of the Russian missile attack on Krivoy Rog hydrostructures – a large volume of water from the Karachunovskoye reservoir got into the river resulting in destruction and…
DetailsIn January-October, Ukraine produced 5.844 million tons of steel, down by 67.4% YoY. Pig iron manufacture decreased by 67.3%, to 5.809 million tons. Ukraine also produced 5.02 million tons of rolled metal, down by 68.6%. (Ukrainian metal)
DetailsRescuers of the Cobra special militarized emergency service have received 50 sets of protection means – bulletproof vests and helmets – from Metinvest. “The vests are equipped with reliable armored plates of the 4th protection level produced by Metinvest. They will help protect the Cobra employees, as they are one of the first to come…
DetailsPrime Minister Alikhan Smailov announced the government’s measures in regards to the Arcelor Mittal Temirtau JSC upon death of miners. According to him, the subsoil use contract for JSC Arcelor Mittal Temirtau has been amended for the first time. Henceforth, the company will have to invest at least 150 billion tenge annually in modernization of…
DetailsIn January-September, taking into account associated enterprises and joint ventures, Metinvest paid almost 18 billion UAH of taxes to budgets of all levels. Profit tax was the highest, amounting to 6 billion UAH, followed by the social payment of 3.3 billion UAH. Despite the Russian invasion, Metinvest increased rent payments for iron ore extraction by…
DetailsAzovstal CEO Enver Tskitishvili resigns from office. The decision was taken by the supervisory board on November 5. CEO’s last day in the office will be November 14. Oksana Tsymbalyuk, Metinvest-MRMZ LLC financial director, has been appointed CEO from November 15. (Ukrainian metal)
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