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In January-March, Ukraine exported 291.6 thousand tons of semi-finished steel products to the EU, up by 38.2% YoY. Revenue grew by 32.4%, to EUR 151.71 million. The main customers were Bulgaria – 108.8 thousand tons, up by 103.6%, Poland – 86.99 thousand tons (-14.5%) and Italy – 48.1 thousand tons (+167.4%). In March, Ukraine exported…
DetailsIn January-March, Kyrgyzstan exported 2.11 tons of gold worth $139.3 million. In March, about 467 kilograms of the precious metal were sold. The republic sold most of the gold to the special administrative region of China – Hong Kong – 1,126 tons for $75 million. Switzerland was in the second place among export countries with…
DetailsA memorandum on building a metallurgical factory in the city was signed by Liu Yunmin, Chairman of the Board of Fujian Hengwang Investment, and akim of Shymkent Gabit Syzdykbekov. The memorandum was finalized within the parameters of the agreements determined after the prior meeting. The Temir industrial zone, where the facility was intended to be…
DetailsThe Black Sea Trade and Development Bank (BSTDB) has announced a new EUR 10-million short-term facility extended to one of the subsidiaries of Metinvest Group, a renowned international conglomerate of steel and mining enterprises. This loan from BSTDB is strategically aimed at bolstering Metinvest’s export of iron ore products by facilitating dedicated working capital financing.…
DetailsKazakhstan exported 2,300 tons of uranium in 2023 through the territory of Azerbaijan as part of the Trans-Caspian International Transport Route (TITR, or Middle Corridor), the Ministry of Energy reported on the implementation of the concept for the development of the fuel and energy complex of the Republic of Kazakhstan for 2023. As stated in…
DetailsThe State Property Fund intends to hold the first auctions of the “big privatization” in July-August. Among the main assets is the United Mining and Chemical Company. The starting price for the company is set at 3.9 billion UAH. Before the start of the Russian full-scale invasion, seven business groups showed interest in privatizing UMCC.…
DetailsBy canceling the frozen auctions to sell scrap, Ukrzaliznytsia has damaged itself for 300 million UAH, expert Boris Kushniruk has said. “That was a very strange decision on behalf of Ukrzaliznytsia. Auctions were held, winners were announces and pledges were made. Moreover, metal companies were ready to buy this scrap despite the fact that the…
DetailsThe Velta Group of Companies currently has an acute shortage of employees, which decreases its efficiency and exports, CEO and co-owner Andriy Brodskiy has said on Facebook. According to him, their titanium ore mining and processing works lack 28% of personnel. The number of working pensioners has increased by 30% since the start of the…
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