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In 2023, Stalkanat decreased net profit by 13.8% YoY, to 280.060 million UAH. Net income grew by 3.1%, to 3.328 billion UAH. Undistributed profit amounted to 373.626 million UAH. Last year, the company sold 72.593 thousand tons of metal products. Exports amounted to 53%. Capital investments totaled 164.815 million UAH. Average number of employees was…
DetailsIn 2023, Dniprometiz-TAS LLC decreased net loss 2.6-fold YoY, to 9.658 million UAH. Net income increased by 8.2%, to 2.677 billion UAH. Undistributed profit amounted to 248.89 million UAH. (Ukrainian metal)
DetailsSteel production continues recovering in Ukraine, but the pre-war level is unlikely to be reached in the foreseeable future. In March, steel output grew by 16% YoY and in Q1 – by 37%. Pig iron manufacture increased by 16% and by 32% respectively. Ukrainian steel plants work with decreased capacities ranging from 30% to 90%…
DetailsIn January-March, Interpipe paid 1.186 billion UAH of taxes, up by 90% YoY. Payments to the state budget amounted to 916 million UAH (+126%) and to local budgets – 138 million UAH (+29%). The company also paid 132 million UAH (+21%) of single social tax. Last year, Interpipe paid 4.4 billion UAH of taxes. (Ukrainian…
DetailsA new copper cathode production plant will be built in Pavlodar region. Over 9.4 billion tenge in investments will be attracted. Fonet Er-Tai AK Mining LLP will develop a large investment project on the construction of the leaching plant for the production of high-quality export-oriented copper cathode. The processing plant of the copper cathode production…
DetailsThe National Association of Mining Industry of Ukraine has called on the European Union to take active measures to stop importing Russian iron ore products and ferrous metals. In 2023, Russia sold EUR 3 billion worth of iron ore and ferrous metals. “We sent letters to the European Commission President, Minister of Foreign Affairs of…
DetailsKazakhstan is set to increase investment in production of rare and rare-earth metals, Minister of Industry and Construction Kanat Sharlapaev has said at the governmental hour in the Majilis. According to him, the country’s comprehensive plan of rare and rare-earth metals industry development for 2024-2028 has already been approved. Under the plan, the volume of…
DetailsKazakh Industry and Construction Minister Kanat Sharlapaev reported the metallurgical industry output growth in the first quarter of 2024. He said industrial output increased by 4.3% and was expected to rise further due to the expansion of production at steel manufacturers including Qarmet, Steel KSP, Shymkent Temir, Ferrum Vtor, Kazferrostal, Forever Flourishing (Middle Asia), Pty…
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