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In January-June, Ukraine exported 17.01 million tons of iron ore and concentrate, down by 24.2% YoY. According to the customs statistics, in monetary terms exports dropped by 44.8%, to $2.16 billion. Slovakia was the main customer with the share of 18.68%, followed by China with 17.55% and Poland with 14.65%. Due to the blockade of…
DetailsDuring his working trip to Karaganda region Prime Minister Alikhan Smailov visited a number of industrial and social facilities in Temirtau. The head of the Kazakh Government familiarized with the work of the blast furnace No. 3 at JSC ArcelorMittal Temirtau and discussed the industrial safety maintenance with the leadership of the company. For instance,…
DetailsSo far 110 Mariupol citizens have been able to find work at Metinvest Kriviy Rih enterprises. People usually apply for similar work at Kriviy Rih Repair and Mechanical Plant (KRMZ) and Metinvest-Promservice. Slightly less people were hired at mining and processing works. Special training courses are organized for refugees. They last from 2 and half…
DetailsAt the International conference on the restoration of Ukraine in Lugano, Interpipe together with other Ukrainian and international businesses discussed the issues of food and energy security, after-war restoration of economy and future investments. The director of the railroad division Alexander Garkaviy raised one of the most pressing issues for Ukrainian exporters – logistics. “The…
DetailsIn April-June, Ferrexpo decreased iron ore pellets manufacture by 27% YoY, to 2.1 million tons. All the pellets had the iron content of 65%, with 4% of DRI pellets having the iron content of 67%. The drop is due to the Russian invasion of Ukraine and the logistics problems. In H1, sales decreased by 21%,…
DetailsFor the first time since the start of the war, Interpipe has mastered the production of a new wheel type for the European Union market. The work began before the war. The main order of the customer was a special shape of the wheel disc with the diameter of 840 mm. This is the category…
DetailsBecause of the problems with shipping of its products and the delivery of raw materials, as well as increased logistics expenses ArcelorMittal Kriviy Rih is forced to reduce wages by a third and output volume. “The war months have become a true challenge for all of us. 1990 of our colleagues are fighting in the…
DetailsIn June, ArcelorMittal resumed shipping steel to Russia via ArcelorMittal Temirtau. In March, the group said it would stop exporting steel to the aggressor country. Steel is supplied at the prices much lower than in Russia and Europe. Exports to Russia at dumping prices began on June 10. In the second half of the month,…
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