The government is in direct negotiations with the largest enterprises of Ukraine to help them resume operation, the Prime Minister Denis Shmyhal has said. According to him, he has spoken with the representatives of ArcelorMittal Kriviy Rih and they have promised to resume operation. “Strategic enterprises, that have to work for the army, for the…Details
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As Zaporizhstal is currently mothballed, its railroad transport department has changed its operation. The department now ships raw materials to other Metinvest enterprises and helps transport humanitarian aid. “Moreover, Zaporizhstal ships products from its warehouses,” the company said. On March 25, Zaporizhstal partially resumed operation of the cold-rolling shop. (Ukrainian metal)Details
The State Investigations Bureau has blocked the attempts of an illegal export of Belarus goods via Ukraine. In particular, the transit of two carriages with 139 tons of metal products was blocked. The metal was being transported from Belarus via Ukraine to customers in the North Africa, but has been confiscated for the needs of…Details
Metinvest enterprises have produced around 40 thousand Czech hedgehogs and over 10 thousand spiked chains against wheeled machines as well as anti-marine hedgehogs and supplied them to the defense forces. Moreover, together with partners the group has started producing Hesco-bastions for the Armed Forces of Ukraine and the territorial defense units. These structures are used…Details
Sukhaya Balka continues operating under the martial law. At the same time, Dneprovskiy Iron and Steel Works (DMZ) operation has been suspended. Two shifts are organized – the day one (from 8:00 till 18:00) and the night one (from 18:00 till 8:00). The employees receive full salary and taxes are paid. Operation at DMZ has…Details
The Cabinet of Ministers has freed the operations with ferrous and non-ferrous scrap from VAT until January 1, 2027. The decision was taken on March 21. The previous decision was taken in late December 2018. Then VAT cancellation was valid till January 1, 2022. (Ukrainian metal)Details
Zaporizhstal has partially resumed operation of the cold-rolling shop. “For the full-scale launch of the enterprise the local authorities and the government must help restore logistics,” the company said. The cold-rolling shop relaunched dressing mills 1700-1 and 1700-2, as well as the slitting machine No. 5. (Ukrainian metal)Details
Refugees from Mariupol, besieged by the Russian troops, will be employed in Kamenskoye and Kriviy Rih. “The Metinvest Group has a hotline for the employees. They will be able to take the jobs available at our company. We have a unified list of jobs, so we offer them not only in Kamenskoye, but also in…Details
Uzmetkombinat shareholders decided to spend the profit for 2021 to increase charter capital. Last year, the company profit exceeded 1.5 trillion sums, up 7-fold YoY. The growth was driven by local demand and drop of imports. Until 2026, Uzmetkombinat intends to increase its capacities 2.5-fold. (Ukrainian metal)Details
In the conditions of the Russian invasion of Ukraine, Pobuzhye Ferronickel Plant is operating with the 50% loading of capacities. This is due to the Russian blockade of Ukrainian seaports. The company has produced and supplied Czech hedgehogs, tires and concrete blocks to defense authorities. (Ukrainian metal)Details
Zaporizhstal could partially relaunch its manufacturing process. “At present the company main machinery is mothballed. We have suspended our main manufacturing capacities so that there is no threat to the resumption of the operation. We continue shipping our products from warehouses and are thinking of partially relauncing the operation of the cold-rolling shop to resume…Details
The transactions in cash in the process of metal procurement will be limited at 10,000 lei at the most. The initiative legislative on the amendment of the Fiscal Code, launched by a group of MPs of the faction of the Action and Solidarity Party (PAS), was backed by the parliament’s commission for economy, budget and…Details
Severniy Mining and Processing Works mining-transport shop No. 1 has capitally repaired the engine of a 40-ton watering machine. The machine will be used at the Pervomayskiy quarry to water technological roads and faces. For the dust suppression the company has prepared four such machines and four 119-cubic meter hydromonitors. The machines have powerful pumps…Details