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Ukrzaliznytsia has successfully held 19 auctions to sell scrap with the combined weight of 15.5 thousand tons having earned 87.6 million UAH. The company intended to sell 67 lots – 49.9 thousand tons valued at over 217 million UAH. 48 auctions failed to be held due to the insufficient number of participants. UZ was unable…
DetailsIn January-July, Zaporozhkoks decreased output by 21.6% YoY, to 396.2 thousand tons. In July, the company produced 69.9 thousand tons of coke, in June – 68.39 thousand tons, in May – 67.97 thousand tons, in April – 52.66 thousand tons, in March – 4.12 thousand tons, in February – 64.5 thousand tons and in January…
DetailsThe deputy economy minister Taras Kachka says Ukraine wants an agreement on metal exports like the “grain deal”. He says the Istanbul agreement on food could also be transferred to the delivery of other products, in particular, metals. This is an “agreement on logistics, on the movement of ships over the Black Sea”. “In this…
DetailsDue to complicated logistics, increase in transportation costs as well as the drop of global metal prices, Ukrainian metal products are losing competitiveness on world market, the companies are forced to decrease output and Ukraine loses currency income. In order to save the mining and metallurgical complex of Ukraine, authorities have to take urgent measures,…
DetailsIn January-June, Ferrexpo income decreased by 31% YoY, to $936 million. Net profit fell by 88%, to $82 million. EBITDA decreased by 44%, to $486 million. Pellets manufacture totaled 4.79 million tons, down by 14%. Sales dropped by 21%, to 4.37 million tons. (Ukrainian metal)
DetailsSince the start of the Russian invasion, Metinvest has provided the Ukrainian Armed Forces with almost 500 drones. Thus, the group has purchased DJI Air 2S Fly More Combo, DJI Air Mavic 3 Fly More Combo and Autel drones. Some models have the operation distance of 24 km and the flight height of 1 km.…
DetailsKametstal has asked the Prime Minister Denys Shymhal to help – due to the difficulties with logistics and the drop in metal world prices the company is working at a third of its capacities. The company has resources enough for three months of operation. And if nothing is made to stimulate manufacture, the company operation…
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