Ukraine: Metinvest plants pay 700 million UAH of taxes in Q1 2020

In January-March, Metinvest Zaporozhye plants – Zaporizhstal, Zaporozhogneupor, Zaporozhkoks and Zaporozhye Foundry-Mechanical Works – paid over 700 million UAH of taxes to the budgets of all levels. In particular, Zaporozhye city and regional budgets received some 202 million UAH, down by 0.9% YoY. Earlier, the Metinvest Group waved tax holidays, provided by the state due…

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Ukraine: scrap provision up in April 2020

In April, metal companies received 220.6 thousand tons of scrap, up by 13.1% from the target (195 thousand tons). The largest scrap volumes were delivered to Azovstal (41.2 thousand tons), Mariupol Ilyich Iron and Steel Works (35.7 thousand tons), Dneprovsky Iron and Steel Combine (42.9 thousand tons), Zaporizhstal (16.44 thousand tons) and Interpipe Steel (44.6…

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Ukraine: pipes output down in Q1 2020

In January-March, Ukraine decreased pipes output by 25.4% YoY, to 211.7 thousand tons. The enterprises of the Ukrtruboprom association decreased output by 35.2%. Interpipe-NTZ produced 43.9 thousand tons, down by 30.3% (18.1 thousand tons in March), Interpipe NMTZ – 18.5 thousand tons (-38.3%, 6.8 thousand tons) and Interpipe Niko Tube – 68.1 thousand tons (-33.9%,…

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