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Mariupol Ilyich Iron and Steel Works and Azovstal have addressed the General Prosecutor’s Office over the theft of metal products by Russian occupiers. The address was published on June 7. “Open sources reveal that representatives of the military companies of the Russian Federation (and people from terrorist groups controlled by them), that have occupied Mariupol,…
DetailsStalkanat (Odesa), despite military activity is operating with its capacities loaded at 75%. The company asks USA to revoke previously imposed antidumping duties of 19.32%. 90% of the company products are exported. Mostly to the EU by trucks, even though logistics expenses have almost doubled. Stalkanat is the largest producer of steel ropes in Ukraine.…
DetailsMetso Outotec has signed an agreement to supply key technological equipment for the copper-processing factory No. 3 of Almalyk Mining and Metallurgical Company. The design capacity of the plant near the Yoshlik-1 deposit is 600 million tons per year. The cost of the contract is EUR 100 million. (Ukrainian metal)
DetailsMetinvest-Shipping LLC has announced a tender to buy truck transportation of 169 thousand tons of iron ore raw materials from seaports blocked by Russia to the quay warehouses of the state enterprise Izmail Sea Trade Port. The company needs to transport around 92 thousand tons of iron ore raw materials from the Yuzhniy port and…
DetailsIn May, Ukraine produced 45 thousand tons of pipes in May, up 2.5-fold MoM. Thus, the industry was able to restore almost 65% of its pre-war manufacture, which was around 70 thousand tons per month. In particular, Nikopol Seamless Pipes Works increased output 2.6-fold, Interpipe NMTZ – 2.3-fold and Centravis – by 45%, while Trubostal…
DetailsSince the start of the Russian invasion, Metinvest has transferred over 1.5 billion UAH to help the army, civilians and its employees. In particular, during the first days of the invasion Metinvest, DTEK and the Rinat Akhmetov Foundation have created the “Saving Life” humanitarian project. Since then, over 3 thousand tons of first need goods…
DetailsIn May, Zaporizhstal produced 121.2 thousand tons of rolled metal, down by 56.8% YoY. Pig iron output dropped by 52.6%, to 157.5 thousand tons, and steel – by 59.7%, to 141.7 thousand tons. At the same time, compared with April, pig iron manufacture grew 2.3-fold, steel – by 78.9% and rolled metal – by 84.5%.…
DetailsIn January-May, ArcelorMittal Kriviy Rih paid 6.2 billion UAH of taxes to the budgets of all levels. In particular, 3.3 billion UAH was paid to the state budget and 861 million UAH – to the local budgets. The company has also paid 1.5 billion UAH of VAT and 511 million UAH of single social contribution.…
DetailsDuring the week Zaporozhye defenders have received 1 thousand bulletproof vests and 700 helmets. The armor was provided by Metinvest. “Since the first days of the Russian invasion Metinvest has been helping the Armed Forces of Ukraine, the National Guard and the territorial defense units. This is our duty as a Ukrainian company,” Zaporizhstal purchase…
DetailsThe SGB/USS Confederation of Swiss Unions has decided to provide financial aid to ArcelorMittal Kriviy Rih union. The funds will be spent to buy the necessary things for employees defending Ukraine in the Armed Forces and territorial defence. In particular, sleeping bags for soldiers will be bought. 66 employees from the AMKR union have joined…
DetailsThe Ferrexpo board of directors has decided to pay interim dividends for 2022 in the amount of $0.132 per ordinary share. These are the first dividends announced this year. The final dividends for 2021 will be approved by the shareholders at a meeting on June 15. Interim dividends will be paid on June 28. (Ukrainian…
DetailsWithin the next 2 years, steel output in Ukraine will decrease at least by two-thirds, director of Metinvest strategy and business development department Roman Perepelitsa has said. The company sees two possible scenarios. The first presupposes the victory of Ukraine in war with Russia. Then a speedy recovery of the economy can be expected with…
DetailsThe Russian occupiers have started taking metal from the Mariupol port with the help of Russian ships. According to the satellite image of Planet Labs, the RM-3 cargo vessel arrived on May 28 at the quay usually used to load metal. The ship belongs to the Russian company Reka-More registered in Rostov-on-Don. The vessel left…
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