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This year, Qarmet intends to increase steel output to 3.5 million tons and steel sales to 3.2 million tons. Despite complex conditions, the company was able to retain manufacturing level. Moreover, Qarmet is actively modernizing and repairing its machinery. “The main goals for September are producing 14 thousand tons of sinter per day, as well…
DetailsIn January-August, Ukraine increased exports of flat rolled metal by 78.6% YoY, to 1.18 million tons. Semi-finished steel products exports grew by 64.1%, to 1.34 million tons. Exports of profiles (sections) totaled 399 thousand tones, up by 14%. The main exports markets were the other European countries (49.2%), EU-27 (28.5%) and Asia (20.6%). (Ukrainian metal)
DetailsIn January-August, Ukraine increased iron ore exports 2.1-fold YoY, to 23.32 million tons. According to the State Customs Service, revenue amounted to $2.03 billion, up by 72.1%, and in August – $201.4 million (-12.1% MoM and +39.5% YoY). (Ukrainian metal)
DetailsIn January-August, Ukraine decreased pig iron exports by 19.8% YoY, to 749.454 thousand tons. According to the State Customs Service, revenue fell by 19.6%, to $286.447 million. Most pig iron was exported to the USA (66.28% in monetary terms), followed by Italy (10.03%) and Turkiye (9.85%). Over 8 months Ukraine imported 15 tons of pig…
DetailsIn January-August, Ukraine increased ferrous metals imports by 18.3% YoY, to $1.011 billion. In August, imports amounted to $136.48 million. Metal wares exports decreased by 2.8% over 8 months, to $643.227 million, with $85,533 million exported in August. Imports grew by 35.2%, to $697.07 million ($84.99 million in August). (Ukrainian metal)
DetailsIngulets Mining and Processing Works is not operating due to high electricity prices. “With the current prices for electricity I don’t understand how ferroalloy plants can operate. This is also a problem for us. For example, InGOK hasn’t been operating for several months because of high logistics and electricity prices,” Metinvest CEO Yuriy Ryzhenkov said.…
DetailsFrance intends to supply 19 thousand tons of rails to Ukrzaliznytsia. The first batch is expected to arrive in January 2025. The whole lot will allow repairing 150 km of railroads. (Ukrainian metal)
DetailsThe war with Russia exhausts workforce in Ukraine. Companies try to overcome the acute shortage of personnel by employing women in traditionally man jobs, as well as hiring students, teenagers and older people. Tatyana Petruk, sustainable development director at Metinvest, said that now the group had around 4000 job offers, and the personnel shortage affected…
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