In January-October, enterprises of the mining-metallurgical complex of Kazakhstan invested around 1.1 trillion tenge in the development of the industry. Compared with 2023, investment volumes remain unchanged. The combined share of investments in the extraction and processing of metal ores in the overall investments in the industry grew by 3%, to 20%. In particular, investments…
Thanks to the operation of the maritime corridor the metal industry this year will improve its manufacture compared with 2023. But the growth will be tiny, president of the Ukrainian Association of Metallurgists and Miners Oleksander Kalenkov has said. “This year has shown some improvement at our enterprises. I think that we will reach 7.2-7.3…
Business associations call on the government to develop an efficient way of economical reservation due to drafting of employees. “The territorial drafting centers do not go searching for those how evade drafting, but go to an operating enterprise, stand at the checkpoints and in half a day fulfill the 2-3 months quota,” Ukrmetalurgprom president Oleksandr…
A group of 11 companies indulged in metal processing and special equipment manufacture has relocated to Zakarpatskiy region. Some assets have already been placed in Uzhhorod. “This is a family business managed by the Shufani family. All the enterprises of the corporation are interlinked and produce almost everything: there are two pipe works, enterprises that…
One of iron and steel works in Dnipro is carrying out ecological modernization. In particular, the company is sealing coking chambers by way of ceramic surfacing. Thanks to this, coke gas does not get into atmosphere. This decreases the level of man-made burden on environment. The works started after numerous complaints from locals on unpleasant…
In 2023, the main mining and processing enterprises of Ukraine received 317.53 billion UAH of income, up by 23% YoY. Zaporizhstal leads the ranking with 56.4 billion UAH, up by 20%. Despite this, for the second year in a row the company has been demonstrating losses of 4 billion UAH. Kametstal is second with 43.07…
In January-June, the metallurgical industry produced goods worth almost 77 trillion soums with annual growth of 8%, the Statistics Agency reported. Meanwhile, supplies of metal products increased by almost 4%. In the first half of the year, Uzbekistan exported non-ferrous metals worth $688.2 million, down by 3.8%. Exports of pig iron and steel decreased by…
The price of electricity for metal enterprises is constantly growing, including because of the unreasonable decision to change the share of imports for companies that what uninterrupted supply of electricity. The president of Ukrmetallurgprom Olexander Kalenkov highlights the fact that due to the continuous cycle of manufacture, metal companies cannot physically shut down and then…
