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Ukraine: ferrous metals export revenue down in January-May 2020

In January-May, Ukraine decreased revenue from ferrous metals export by 19% YoY, to $3.3 billion. According to the customs statistics, in May revenue totaled $601.5 million. The share of ferrous metals in the overall export currency volume decreased by 16.86% from 19.47%. Import of ferrous metals dropped by 23.4%, to $377.9 million. (Ukrainian metal)

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Ukraine: Metinvest repairs 21 units of machinery at MMK and Azovstal during quarantine

During the coronavirus quarantine lockdown, Metinvest enterprises carried out 21 capital repairs of machinery and mastered manufacture of 16 new types of products, having spent 331 million UAH on modernization. In particular, Azovstal repaired 16 main machines. Investments totaled 126 million UAH. Mariupol Ilyich iron and Steel Works finished 5 capital repairs of main and…

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Ukraine: metal output down in May 2020

According to preliminary data, in May Ukraine produced 1.62 million tons of steel, down by 11.1% YoY. Pig iron manufacture dropped by 0.9%, to 1.66 million tons, and rolled metal – by 17.1%, to 1.43 million tons. In January-May, Ukraine produced 8.28 million tons of steel (-10.7% YoY), 8.15 million tons of pig iron (-6.6%)…

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