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This year, Sukha Balka has extracted 931 thousand tons of iron ore. “The full-scale war is raging in Ukraine for the second year and we have to cope with the war time challenges. Around 1 thousand of our employees are in the army now. But despite many crises DMZ and Sukha Balka continue operating,” DCH…
DetailsIn January-September, Nikopol Ferroalloy Plant received net loss of 3.44 billion UAH as opposed to net profit of 831.69 million UAH last year. Net income dropped by 21.3%, to 7.74 billion UAH. Undistributed profit amounted to 5.99 billion UAH. Over 9 months, NZF produced 39.63 thousand tons of ferrosilicomanganese and sold 58.95 thousand tons. (Ukrainian…
DetailsArcelorMittal Kriviy Rih has relieved financial director Sergey Plichko of his duties. His office ended on December 25. Plichko has been working as the CFO for 7 years. Pavel Zadorozhniy has been appointed acting financial director and chief accountant till January 5, 2024. (Ukrainian metal)
DetailsRussian occupiers take stolen things, including metal scrap, from the port of Berdyansk, and bring in ammunition and heavy military machines, the deputy head of Berdyansk district council Victor Dudukalov reports. According to him, there is anti-aircraft defence in the port and the shelters are constructed there. “We can clearly say that the port now…
DetailsIn 2023, Rudomine LLC has decrease iron ore output by 25% YoY. Capacities were loaded at the level of 50%. The number of employees decreased from 1250 to 950 due to mobilization. New workers are hired only in the direst need, including the integration of women into traditionally men professions. Sales decreased by 75%. (Ukrainian…
DetailsArcelorMittal Kriviy Rih believes it can increase sales on domestic market thanks to the government orders and normalization of logistic routes. This year capex amounted to $130 million, and next year the company planned to increase investments by 20%, to $155 million. In 2023, AMKR intends to produce more than 1.4 million tons of pig…
DetailsThe director of Moldova Iron and Steel Works Sergey Kornev has assessed the work of this enterprise in 2023. He stressed that the principal achievements in this complicated year included backing the plant’s efficient work, implementation of a plan of investments for the production’s modernization, confirming, through international audits, of the quality of the products…
DetailsIn October, Ukraine exported 30.05 thousand tons of pig iron to the USA, down by 1.3% MoM and by 20.5% YoY. In January-October, exports totaled 871.31 thousand tons, up by 98.6% YoY. Compared with the pre-war 2021, exports decreased by 39%. (Ukrainian metal)
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