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On January 29, Zaporizhstal will hold a remote shareholders meeting. Last year, Zaporizhstal increased rolled metal manufacture by 57.2% YoY, to 2.054 million tons. Steel output grew by 65.4%, to 2.466 million tons, and pig iron – by 35.3%, to 2.718 million tons. In 2023, the company operated at 70% of its capacities. (Ukrainian metal)
DetailsIn 2023, Ukraine decreased steel output by 0.6% YoY, to 6.228 million tons. Pig iron manufacture fell by 6.1%, to 6.003 million tons. Ukraine increased rolled metal production by 0.4%, to 5.372 million tons. (Ukrainian metal)
DetailsArcelorMittal Kriviy Rih has appointed Pavel Zadorozhniy the acting financial director and chief accountant from January 8 for an indefinite term. The decision was taken by the CEO Mauro Longobardo on January 5. The office of the previous CFO Sergey Plichko was suspended based on the CEO order dated December 25, 2023. Plichko has been…
DetailsIn 2022, Poltava Mining and Processing Works received 2.9 billion UAH of net loss as opposed to a net profit of 10.823 billion UAH in 2021. Pre-tax loss was 7.822 billion UAH vs. pre-tax profit of 14.878 billion UAH. Net income decreased by 49.1%, to 22.512 billion UAH. Undistributed profit amounted to 35.3 billion UAH.…
DetailsIn January-September 2023, Central Mining and Processing Works received a net loss of 735.806 million UAH. Net income decreased by 38.4% YoY, to 7.390 billion UAH. Undistributed profit amounted to 9.932 billion UAH. In January-September 2023, CGOK produced 1.755 million tons of pellets. (Ukrainian metal)
DetailsIn January-September 2023, Interpipe Nizhnedneprovsk Pipe-Rolling Works received a consolidated net profit of 1.183 billion UAH as opposed to a loss of 1.933 billion UAH last year. Net income grew by 65.4%, to 8.685 billion UAH. Undistributed profit amounted to 4.257 billion UAH. (Ukrainian metal)
DetailsIn January-June 2023, Kametstal received a net profit of 1.359 billion UAH, as opposed to a net loss of 1.256 billion UAH. Net income decreased by 0.8%, to 23.415 billion UAH. Undistributed profit amounted to 202.216 million UAH. (Ukrainian metal)
DetailsIn January-September 2023, Zaporozhye Ferro Alloys Plant received a net loss of 677.9 million UAH, as opposed to net profit of 1.001 billion UAH. Net income dropped by 68.1%, to 1.357 billion UAH. Undistributed profit amounted to 3.879 billion UAH. (Ukrainian metal)
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