A court has arrested the shares of Oksana Marchenko, the wife of the traitor Victor Medvedchuk, in Zaporozhye Ferro Alloys Works valued at over 1 billion UAH. The court decision concerns 13.7% of the company shares, that the wife of Medvedchuk owns via 4 offshore companies. ZZF is the only producer of metallic manganese in…Details
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Until 2030, Ferrexpo intends to decrease carbon emissions by 50% in the first and second categories per ton of iron ore produced compared with 2019. So far, the company has decreased emissions by 30%. The first and second categories of emission concern mostly the usage of diesel fuel, electricity and natural gas. These categories accounted…Details
Metinvest B.V. has announced a final payment on bonds with maturity in 2023 in time and in full. “The clearing of 2023 bonds is a considerable achievement during the war and an important event for corporate issuers connected with Ukraine. Despite complex conditions, the group has demonstrated the stability of its obligations to bond holders.…Details
The collaborators in the temporarily occupied Mariupol have confirmed that they are unable to launch the Mariupol Ilyich Iron and Steel Works. “Not now. Not anytime soon. Mykola Reshinskiy, one of the managers-traitors who heads the personnel department at the works says that they need 2900 people to remove rubble and 300 more for protection,”…Details
Severniy Mining and Processing Works continues modernization of its machinery to improve product quality and decrease energy consumption. Thus, a roller screen has been installed at the LURGI 552B machine in the pellets shop No. 2. The B machine will be commissioned in May, when the A machine will be shut down for a scheduled…Details
In March, Ukraine exported 38.59 thousand tons of pipes, up by 18% MoM. According to the State Customs Service, revenue grew by 12.6%, to $69.21 million. Compared with March 2022, revenue went up 4-fold. In Q1, exports totaled 92.07 thousand tons valued at $172.33 million, up by 11.8%. The main customers were Germany, USA, Italy…Details
Ukraine will retain the prohibition of the power-generating coal exports to cover national interests. “This is a very complex issue. Undoubtedly, business is interested in exports. But the decision to ban exports guaranteed the supply of energy resources to the domestic market,” the energy minister German Galuschenko has said. This autumn-winter season Ukraine survived without…Details
In January-March, Ukraine decreased manganese ore and concentrate imports to the minimum – from 91.021 thousand tons to 488 tons (or by 99.5% YoY). According to the State Customs Service, in monetary terms imports totaled $85 thousand, down from $12.248 million (-99.3%). The main supplier was Slovakia (95.29% of deliveries in monetary terms), followed by…Details
In March, Ukraine exported 43.6 thousand tons of long rolled products, up by 46.2% MoM. Revenue grew by 53.9%, to $40.8 million. According to the State Customs Service, compared with March 2022, exports revenue increased 3.7-fold. In Q1, Ukraine exported 96.48 thousand tons of long rolled products. (Ukrainian metal)Details
A company from China has bought copper ingots worth not less than $7.4 million at a plant situated at the temporarily occupied territories of Ukraine. The company is under Western sanctions. According to Reuters, China has never applied any limitations in trade with Russia, but USA has warned that it would blacklist companies that violate…Details
In January-March, Ukraine exported 4.15 thousand tons of titanium ore and concentrate, down by 95.8% YoY. According to the State Custom Service, revenue dropped by 82.2%, to $6.78 million. The main customers were Japan (47.35% in monetary terms), Turkey (19.73%) and India (8.89%). (Ukrainian metal)Details
In January-March, Dneprovskiy Iron and Steel Works produced 29.4 thousand tons of rolled metal. In the first quarter of 2022, no metal was produced due to the lack of raw materials and the Russian invasion. Coke output dropped by 20.4% YoY, to 45.8 thousand tons. In March, DMZ produced 10.6 thousand tons of rolled metal…Details
Mexico has launched another investigation of antidumping duties on the import of seamless pipes from Ukraine, as well as South Korea, Spain and India. The prolongation of the tariffs was initiated by the local pipe companies Tubos and Acero de Mexico SA. The current duty will remain in effect during investigation. The duty was set…Details