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Ukraine: foundry output down in 2022

As all other industries, foundry suffered greatly from the Russian invasion. At least 50% of enterprises felt the impact of the war, sometimes even with partial destruction of manufacture. Large foundry enterprises are usually located in the southeastern regions that have suffered from the war the most. Output fall is estimated at 70%. According to…


Ukraine: Metinvest supports government decision to import electricity

Metinvest positively sees the decision of the Cabinet of Ministers of Ukraine to allow companies to import electricity during its shortage on domestic market. “Metinvest decided to use this opportunity to organize purchases of electricity for its own needs, which allowed increasing quotas for electricity supply,” the company said. The decision has already positively affected…


Ukraine: SevGOK and InGOK resume operation

Metinvest has resumed work at the Severniy Mining and Processing Works and Ingulets Mining and Processing Works that have been idle since summer of 2022. Thus, all three Metinvest GOKs in Kryvyi Rih, including Central GOK, are operating now. The operation of the two GOKs was suspended in order to minimize iron ore products stocks.…