Ukrainian Metal
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In January, Ukraine procured 60.5 thousand tons of metal scrap, down by 75.6% YoY. According to the UAVtormet Association, scrap deliveries to metal plants amounted to 49.4 thousand tons, down from 226 thousand tons last year. Scrap stocks at metal plants as of early February totaled 20-25 thousand tons, up from 10-15 thousand tons in…
DetailsIn January, Ukraine exported $165.69 million worth of ferrous metals, down 6.2-fold YoY. According to the State Customs Service, ferrous metals accounted for 5.29% of export revenue, down from 17.01% last year. Imports dropped by 50%, to $68.59 million. Metal wares exports in January decreased by 48.8%, to $62.13 million, and imports by 35.2%, to…
DetailsIn 2022, Ukraine exported 157.55 thousand tons of pig iron to Turkey, down by 46.7% YoY. In December 2022, exports totaled 9.4 thousand tons, up by 28.4% YoY, but down by 38.2% MoM. The drop is due to the Russian invasion of Ukraine and the blockade of seaports. (Ukrainian metal)
DetailsIn 2022, Kryvyi Rih enterprises of Metinvest paid 9.2 billion UAH to the state and local budgets. Income tax amounted to 2.67 billion UAH, single social contribution – 1.31 billion UAH and personal income tax – 1.12 billion UAH. Despite the martial law, the enterprises increased subsoil rent payment to 3.1 billion UAH and land…
DetailsDespite the war, from March 1 Interpipe will increase wages of its employees on average by 15%. The decision will cover all employees in Dnipro, Nikopol and Novomoskovsk. According to CEO Andrei Korotkov, for almost a year the company has been living and operating in the conditions of a full-scale war and has experienced considerable…
DetailsIn 2022, Tajikistan produced 62 thousand tons of primary aluminum, up by 2.5% YoY. According to the minister of economic development and trade Zavki Zavkizoda, 51 thousand tons valued at $140 million were exported, up by 3.6%. The forecast for the output last year was 80 thousand tons and exports – 50 thousand tons. This…
DetailsIn 2022, visible demand for steel in Poland totaled 11.3 million tons, down by 2 million tons YoY. According to the Polish Steel Distributors Union (PUDS), the steel market was severely hit by the Russian invasion of Ukraine. The negative trend will continue this year. Steel output in 2022 dropped by 10%, to 7.5 million…
DetailsSolar plants in Latvia will be constructed using metal structures manufactured by KNESS in Vinnytsia. “In Vinnytsia KNESS has relaunched manufacture of metal structures to fasten photovoltaic modules. Solar plants in Latvia will be built on Ukrainian metal structures,” the Vinnystia deputy mayor Andrii Ocheretniy has said on Facebook. KNESS provides jobs to around 400…
DetailsDmytro Golikov, CEO of Ukrainian Mining and Metallurgical Company, has bought almost 100% of the company shares. At present, Golikov owns 99.999986% of shares. In Q3 2022, Lanacomo Limited and Leadpoint Holding (both from Cyprus) owned 50% of shares each. (Ukrainian metal)
DetailsIn January-October 2022, limestone transportation via railroad decreased by 64% YoY, to 3.23 million tons. In October 2022, transportation amounted to 236 thousand tons, up by 3% MoM. (Ukrainian metal)
DetailsShareholders of Zaporizhstal intend to appoint Roman Slobodyanyuk CEO of the company. Since January 1, he has been serving as acting CEO. The decision will be taken at the extraordinary shareholders meeting scheduled for March 16. The previous CEO Alexander Mironenko will continue his work as Metinvest COO. (Ukrainian metal)
DetailsDobrovelichkovskaya community of Kirovograd region is looking for investors to develop lithium deposit. A site of the lithium ore Dobra is situated on the community territory. An investment passport has been developed with the help of U-LEAD experts. (Ukrainian metal)
DetailsIn January-November 2022, Kazakhstan exported 4.2 tons of gold valued at $66.9 million. In tons, this is almost as much as in the whole 2021. Revenue grew by 88%. Compared with the result of 2018, in volume exports increased by 16.6% and in revenue almost 7-fold. Last year, the structure of exports changed. While in…
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