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In January-February, Dniprovsky Iron and Steel Works increased rolled metal manufacture by 9.2% YoY, to 7.1 thousand tons. According to the company statement, coke manufacture decreased by 20.2%, to 36.2 thousand tons. In February, DMZ produced 6.6 thousand tons of rolled metal, up by 29.4% YoY, and 17.3 thousand tons of coke, down by 23.7%.…
DetailsOn March 3, the Commercial Court of Kyiv launched bankruptcy procedure for the Heavy Metal plant in Pershotravensk, Mykolaiv region, which produced rolled metal with polymer coating. The bankruptcy was initiated by Nordicsteel LLC from Kamyanets-Podilskiy after the majority shareholder Tetyana Taruta decided to shut down the enterprise and appointed new management. Nordicsteel is owned…
DetailsThe output of Uzbekistan’s metallurgical industry totaled 14.1 trillion sums ($1.09 billion) in January. The data from the Statistics Agency showed that this sum rose by 35.5% YoY. The proportion of the metallurgical sector within the manufacturing landscape constituted 32%. At the same time, the volume of other non-metallic products reached 1.8 trillion sums ($139.6…
DetailsSince March 1, Interpipe has increased wages of all its employees, most of whom are in the frontline area – in the cities of Dnipro, Nikopol and Samar. This is the third time that the company increases wages since the start of the Russian large-scale invasion. “Today the company provides work to over 9 thousand…
DetailsThe state-owned company Navoiyuran reported a 2-fold increase in net profit in 2024, according to its financial statements. The company’s revenue for the reporting period reached 11.6 trillion sums, up by 92.7%. Gross profit from product sales and operating profit more than doubled, amounting to 8.67 trillion and 6.15 trillion sums, respectively. Navoiyuran’s retained earnings…
DetailsIn January, Ukraine decreased exports of ferrous metal scrap by 50.3% MoM, to 15.69 thousand tons. According to the State Customs Service, compared with January 2024, exports decreased by 8.5%. Thus, exports have fallen to the minimum since May 2024. The main customer was Poland, buying 15.47 thousand tons of scrap, or 98.5%. An insignificant…
DetailsThe Ministry of Energy reported how many licenses for deposit development and exploration Kyrgyzkomur state enterprise had received. According to the press service of the ministry, 20 licenses were transferred to the state enterprise. In 2024, Kyrgyzkomur produced 1.6 million tons of coal. Stripping operations in the amount of 11.1 million cubic meters were also…
DetailsThe U.S. Embassy in Armenia has welcomed the decision to relaunch the Amulsar gold mine project. “Great news! The U.S. Embassy welcomes the agreement between Lydian and Armenia to resume the large-scale Amulsar mine project, which will bring millions of dollars in investments, create jobs and contribute to prosperity for both the United States and…
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