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In 2024, volumes of metal structures consumption increased by 15% YoY, to 91 thousand tons. Experts believe that this year the market can grow by 10-12%, to 102 thousand tons. “The metal structures market in Ukraine continues reviving after the crisis caused by the Russian invasion and economic challenges. The increase in metal structures consumption…
DetailsIn line with the President’s directive to diversify economy and attract investments, Kazakhstan’s Zhambyl region is carrying out comprehensive work to support projects in the manufacturing sector. One such initiative is the construction of a metallurgical plant in the Jibek Joly special economic zone in the Shu district, with the Akim (governor) of Zhambyl region…
DetailsAfter a 2-year break, Ukrzaliznytsia intends to resume scrap auctions on May 15 by putting 70 thousand tons up for sale. On April 15, the company representatives held a meeting with business, in particular major scrap consumers – metal plants, scrap processors and procurers. They discussed resumption of scrap sales via Prozorro.Sales, volumes and terms.…
DetailsKremenchuk Steel Works JSC has corrected its net profit figures for 2024 and 2023 and doesn’t plan to distribute it. According to the statement on the changes to the agenda of the shareholders meeting to be held remotely on April 30, in 2024 KSZ received a net profit of UAH 369 million. The shareholders will…
DetailsThe real effect of the U. S. universal 10% duty can be estimated only with time, as the new trade conditions have just come into force and none knows how the market situation will evolve, ArcelorMittal Kryvyi Rih CEO Mauro Longobardo has said. At the same time, the company customers in the USA are trying…
DetailsThe State Service of Subsoil Use has canceled the license of the Motronovsky Mining and Processing Works to extract titanium ores at the Malyshevskoye deposit in Dnipropetrovsk region. The company has to stop its operation within 10 days. The end beneficiary of the Motronovsky GOK is Dmitry Firtash. The cancellation of the license is connected…
DetailsIn January-March, Ukraine exported 294.202 thousand tons of carbon steel semi-finished products, down by 34.8% YoY. According to the State Customs Service, in monetary terms exports fell by 37.4%, to $138.386 million. The main customers were Bulgaria (43.06% in monetary terms), Turkiye (20.15%) and Poland (9.44%). In Q1, Ukraine imported 2.902 thousand tons of semi-finished…
DetailsIn January-March, Ukraine exported 277 tons of titanium-containing ores and concentrate, down by 88.1% YoY. According to the State Customs Service, in monetary terms exports have decreased by 87.1%, to $496 thousand. The main customers were Uzbekistan (35.61% in monetary terms), Turkiye (35.01%) and Egypt (29.38%). In Q1, Ukraine imported 22 tons of titanium ores…
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