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Ukraine has lost about 30-40% of its metal capacities because of the war with Russia. “Mariupol plants constitute more than a third of the Ukrainian steel manufacture. Thus, so far Ukraine has lost about 30-40% of its metallurgical capacities,” Metinvest CEO Yuri Ryzhenkov has said. He claims that Mariupol plants will be rebuilt after the…
DetailsAs soon as this week, some metallurgical plants will start to partially restore the production and export potential. The relevant statement was made by Ukrainian Infrastructure Minister Oleksandr Kubrakov during a telethon. “In recent weeks, we have been actively cooperating with industrial sectors to restore our production and export potential. More specifically, last week we…
DetailsThe government is in direct negotiations with the largest enterprises of Ukraine to help them resume operation, the Prime Minister Denis Shmyhal has said. According to him, he has spoken with the representatives of ArcelorMittal Kriviy Rih and they have promised to resume operation. “Strategic enterprises, that have to work for the army, for the…
DetailsAs Zaporizhstal is currently mothballed, its railroad transport department has changed its operation. The department now ships raw materials to other Metinvest enterprises and helps transport humanitarian aid. “Moreover, Zaporizhstal ships products from its warehouses,” the company said. On March 25, Zaporizhstal partially resumed operation of the cold-rolling shop. (Ukrainian metal)
DetailsThe State Investigations Bureau has blocked the attempts of an illegal export of Belarus goods via Ukraine. In particular, the transit of two carriages with 139 tons of metal products was blocked. The metal was being transported from Belarus via Ukraine to customers in the North Africa, but has been confiscated for the needs of…
DetailsMetinvest enterprises have produced around 40 thousand Czech hedgehogs and over 10 thousand spiked chains against wheeled machines as well as anti-marine hedgehogs and supplied them to the defense forces. Moreover, together with partners the group has started producing Hesco-bastions for the Armed Forces of Ukraine and the territorial defense units. These structures are used…
DetailsSukhaya Balka continues operating under the martial law. At the same time, Dneprovskiy Iron and Steel Works (DMZ) operation has been suspended. Two shifts are organized – the day one (from 8:00 till 18:00) and the night one (from 18:00 till 8:00). The employees receive full salary and taxes are paid. Operation at DMZ has…
DetailsThe Cabinet of Ministers has freed the operations with ferrous and non-ferrous scrap from VAT until January 1, 2027. The decision was taken on March 21. The previous decision was taken in late December 2018. Then VAT cancellation was valid till January 1, 2022. (Ukrainian metal)
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