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In 2024 Ukraine increased revenue from the ferrous metals exports by 16.9% YoY, to $3.096 billion. According to the State Customs Service, ferrous metals accounted for 7.42% of all export revenue, up from 7.32% in 2023. In December 2024 Ukraine exported $223.772 million worth of ferrous metals, up from $207.343 million in November 2024. Last…
DetailsIn 2024 Ukraine produced 7.58 million tons of steel, up by 21.6% YoY. According to Ukrmetalurgprom, unlike the previous five months December 2024 was more successful – Ukraine increased steel output by 1.14% MoM, to 547 thousand tons. Since July 2024 the monthly dynamics has been negative. Ukraine also produced 7 million tons of pig…
DetailsIn 2024 Zaporizhstal increased rolled metal manufacture by 18.1% YoY, to 2.426 million tons. Steel output grew by 17.2%, to 2.89 million tons, and pig iron – by 14.2%, to 3.1 million tons. In December 2024 Zaporizhstal produced 284.7 thousand tons of pig iron, 245.5 thousand tons of steel and 234.1 thousand tons of rolled…
DetailsMetinvest has implemented AI-solutions to control production quality at Zaporizhstal, which will help save around $250 thousand per year. The artificial intelligence can find faults in slabs production when cutting plates. A fault is highlighted in red on screen. If the fault is not categorized by the system, it is highlighted in yellow. And if…
DetailsIn 2024 Almalyk Mining and Processing Works exported products worth $610.852 million, up by 11.1% from the forecast. In particular, copper products exports increased by 32.6%, to 51.698 thousand tons, lead concentrate by 21.5%, to 15.183 thousand tons and molybdenum products – by 9.3%, to 760 tons. Last year the target was set to export…
DetailsIn 2024 Zaporizhkoks increased blast furnace coke manufacture by 2.1% YoY, to 874.7 thousand tons. In December 2024 the company produced 74.2 thousand tons of coke. Zaporizhkoks is one of the largest by-product coke manufacturers in Ukraine, accounting for 10% of all coke output. (Ukrainian metal)
DetailsNavoi Mining and Metallurgical Company (NGMK) produced goods worth 93.9 trillion sums in 2024, representing a 5.3% increase compared to 2023. The enterprise contributed 57.5 trillion sums in taxes and dividends to Uzbekistan’s state budget. Under its investment program, NGMK invested $790 million, leading to the creation of 715 new jobs. Additionally, within the localization…
DetailsUkrainian Danube Shipping Company PrJSC has sent 10 thousand tons of iron ore raw materials for export in the new year. “We’re shipping our first caravan to Serbia this year comprising the Kapitan Antypov and 5 barges. That’s almost 10 thousand tons of iron ore raw materials. The new contract is 30% bigger that the…
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