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In September, Ukraine exported 1.1 million tons of iron ore raw materials to the European Union, down by 9.3% MoM. In monetary terms exports decreased by 13.4%, to EUR 125.2 million. Compared with September 2022, exports grew 2.4-fold and revenue by 88.8%. In January-September, EU imported 10.38 million tons of iron ore from Ukraine, down…
DetailsIn 2022, Dneprovsky Iron and Steel Works decreased net profit by 99.76% YoY, to 4.225 million UAH. Uncovered losses as of the end of last year amounted to 454.601 million UAH. At the annual shareholders meeting on December 22, the company intends to decide on spending the profit to cover losses of previous years. Moreover,…
DetailsThe shareholders of Stalkanat have decided to spend 60.51 million UAH from the undistributed profit for 2022 to pay dividends. The decision was taken at the extraordinary meeting on November 14. The dividends will be paid from December 5 till May 14, 2024. Last year, Stalkanat received net income of 3.23 billion UAH and net…
DetailsIn 2022, Sukha Balka received 487.88 million UAH of net profit, down 2.7-fold YoY. At the remote shareholders meeting scheduled for December 22 the enterprise intends to spend the last year profit to finance working capital. The shareholders will also decide on the dissolution of the revision committee as a management body, make changes to…
DetailsAt night of November 21, Russian terrorist troops made 4 missile strikes on Selidovo in Donetsk region. The first two missiles hit the territory of a local hospital. 2 buildings were damaged and six civilians were wounded. There might be more people under the debris. After that 2 missiles stroke a mine. One employee perished.…
DetailsThe shareholders of Interpipe Dnipro Vtormet intend to take decision to eliminate its revision commission as the management body and replace supervisory board members. The decision will be taken at the extraordinary meeting scheduled for December 20 to be held remotely. Creston Ukraina LLC will be appointed the company auditor. (Ukrainian metal)
DetailsAccording to the final review of antidumping duties, the Department of Trade of the USA came to the conclusion that Stalkanat was not selling steel wire below the cost on the American market from November 19, 2022 till May 31, 2022, the period under review. As a result, the average dumping rate for the company…
DetailsKAZ Minerals Bozshakol has decided to expand its central quarry. According to the company specialists, ore reserves at the main deposit amount to around 1 billion tons. This is enough for 40 years of operation. When the quarry is exhausted, its depth will exceed 400 meters. With the expansion of the quarry, the company has…
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