At 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…Details
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In 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%,…Details
For 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…Details
Because 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…Details
In 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,…Details
In January-June, Zaporozhkoks decreased output by 24.3% YoY, to 326.35 thousand tons of coke. In June, the company produced 68.39 thousand tons, in May – 67.97 thousand tons, in April – 52.66 thousand tons, in March – 4.12 thousand tons, in February – 64.5 thousand tons and in January – 68.7 thousand tons. The drop…Details
Severniy Mining and Processing Works has repaired a dump truck. Investments amounted to 7.5 million UAH. The lifting capacity of the truck is 130 tons. The repaired dump truck will return to the Pervomayskiy quarry this month. (Ukrainian metal)Details
At present, Ukrainian metal enterprises operate at the 10% of the pre-war level. According to the co-owner of ISD Sergey Taruta, the Ukrainian metal industry is half dead. “It’s impossible to arrange shipments from Zaporizhstal. I’m not sure about AMKR. Situation with Avdiivka Coke was very critical. Only Avdiivka coke could be provided. The rest…Details
Velta with titanium ore assets in Novomirgorod (Kirovograd region) intends to relocate its capacities from Dniepropetrovsk region to a safer place. Earlier the company has suspended construction of a titanium wares plant in Novomoskovsk (Dniepropetrovsk region) and is now working to relocate it. “Due to war we were forced to suspend construction. There were a…Details
ArcelorMittal Kriviy Rih has repaired a water pipeline and the pump station No. 4, which have a strategic significance for the manufacture. The pump station is situated at the clarification pond No. 1 between the blast furnace shops of the metal manufacture and the manufacturing complex of the blast furnace No. 9. The pond provides…Details
Ceramet has lost operational control over specialized machinery valued at EUR 4 million situated on the territory of Mariupol Ilyich Iron and Steel Works and Azovstal. In particular, these are 9 scrap reloaders, 2 shearing presses, a briquetting press and a shredder to process steel chips. The company has asked the manufacturers and suppliers of…Details
Shareholders of Stalkanat-Silur intend to spend 65.73 million UAH of undistributed profit for January-April to pay dividends. The dividends might be paid until January 19, 2023. The shareholders also want to approve the purchase of 1.26 billion UAH worth of raw materials from Metinves-SMC LLC. (Ukrainian metal)Details