4 days before the full-scale Russian invasion of Ukraine, VSMPO-Avisma sold its Ukrainian asset – Demurinskiy Mining and Processing Works LLC, developing the titanium-zirconium sands deposit in Dniepropetrovsk region. The transfer of the Russian share in Limpieza Limited (Cyprus, owner of the asset) took place on February 20. The new beneficiary is another Cyprus company…Details
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ArcelorMittal Kriviy Rih resumes continuous production suspended in March due to the Russian invasion. The company has launched one blast furnace, a converter, one of three continuous casting machines and a rolling mill. At present all the 7 industrial enterprises operate in Kriviy Rih and 21 out of 22 large enterprises in Dniepropetrovsk region. (Ukrainian…Details
As a result of missile hits, on June 5 Novokramatorskiy Machine-Building Works was destroyed. The amount of damages is not disclosed, but it is reported, that bodies of 7 people killed by shelling have been found on the territory. Earlier, the mayor of Kramatorsk Alexander Goncharenjo reported considerable damages to the shelled enterprises. “A night…Details
In January-May, Zaporozhkoks decreased output by 28% YoY, to 257.95 thousand tons of coke. In May, the company produced 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 is linked to the shortage of…Details
Interpipe has provided aid valued at UAH 2.4 million to the Armed Forces in the Dniepropetrovsk region, where a lot of its mobilized employees serve. In particular, the company has provided spare parts for the repair of cargo machinery – tyres, accumulators and additional tools. That’s what the defenders usually ask for, as the machines…Details
Metinvest Group has provided another batch of aid to the Main Department of Reconnaissance of the Ministry of Defense. This time, the military received 120 drones, of which 20 have thermal imagers and remote control. The cost of the drones is $500 thousand. “While earlier the military asked for bulletproof vests and helmets, now they…Details
Following the Russian invasion, Metinvest Group has decreased the combined use of its enterprises by more than 40%. The enterprises are located near the front line and inside the war zone, in particular in Mariupol. The employees have to constantly hide in shelters due to air strike alert, while Avdiivka Coke and Chemical Works employees…Details
Mariupol Ilyich Iron and Steel Works and Azovstal have addressed the General Prosecutor’s Office over the theft of metal products by Russian occupiers. The address was published on June 7. “Open sources reveal that representatives of the military companies of the Russian Federation (and people from terrorist groups controlled by them), that have occupied Mariupol,…Details
Stalkanat (Odesa), despite military activity is operating with its capacities loaded at 75%. The company asks USA to revoke previously imposed antidumping duties of 19.32%. 90% of the company products are exported. Mostly to the EU by trucks, even though logistics expenses have almost doubled. Stalkanat is the largest producer of steel ropes in Ukraine.…Details
Metso Outotec has signed an agreement to supply key technological equipment for the copper-processing factory No. 3 of Almalyk Mining and Metallurgical Company. The design capacity of the plant near the Yoshlik-1 deposit is 600 million tons per year. The cost of the contract is EUR 100 million. (Ukrainian metal)Details
Metinvest-Shipping LLC has announced a tender to buy truck transportation of 169 thousand tons of iron ore raw materials from seaports blocked by Russia to the quay warehouses of the state enterprise Izmail Sea Trade Port. The company needs to transport around 92 thousand tons of iron ore raw materials from the Yuzhniy port and…Details
In May, Ukraine produced 45 thousand tons of pipes in May, up 2.5-fold MoM. Thus, the industry was able to restore almost 65% of its pre-war manufacture, which was around 70 thousand tons per month. In particular, Nikopol Seamless Pipes Works increased output 2.6-fold, Interpipe NMTZ – 2.3-fold and Centravis – by 45%, while Trubostal…Details
Since the start of the Russian invasion, Metinvest has transferred over 1.5 billion UAH to help the army, civilians and its employees. In particular, during the first days of the invasion Metinvest, DTEK and the Rinat Akhmetov Foundation have created the “Saving Life” humanitarian project. Since then, over 3 thousand tons of first need goods…Details