Unblocking ports to export metal products will improve situation both for the Ukrainian industry and for state finances, as the country can export $500 million worth of metal each month. “Ukraine is at war. So each dollar, which we can receive for our products, is needed – to fulfill social obligations and buy weapons. Ukraine…
Russia is stealing metal products on occupied territories of Ukraine and after that passes off them as its own and tries to sell them. According to the chairman of the Metallurgists of Ukraine Federation Sergey Belenkiy, it is unknown, who much metal has been stolen, but Mariupol warehouses stocked metal worth hundreds of millions. “Hundred…
The deputy economy minister Taras Kachka says Ukraine wants an agreement on metal exports like the “grain deal”. He says the Istanbul agreement on food could also be transferred to the delivery of other products, in particular, metals. This is an “agreement on logistics, on the movement of ships over the Black Sea”. “In this…
At present, Ukrainian metal enterprises operate at the 10% of the pre-war level. According to the co-owner of ISD Sergey Taruta, the Ukrainian metal industry is half dead. “It’s impossible to arrange shipments from Zaporizhstal. I’m not sure about AMKR. Situation with Avdiivka Coke was very critical. Only Avdiivka coke could be provided. The rest…
Russian metal companies are considerably decreasing output. Thus, compared with January-February, MMK has decreased steel production by 40%, while Severstal is reporting a 20-40% drop in June. MMK might produce 550 thousand tons of steel in June. With full loading of capacities the company produces around 1 million tons per month. A part of Severstal…
The Economy Security Bureau has prevented the export of ferrous rolled metal valued at 52 million UAH to Russia. On the ESB initiative 17.8 thousand railroad cars belonging to Russia and Belarus were arrested. In Zaporozhye region 20 cars were found with rolled metal owned by Russia. The total weight of metal was 1.28 thousand…
The State Investigation Bureau has found and initiated nationalization of Russian businessmen’s assets, which have been transiting Ukraine – metal billets and wares worth over UAH 93 million. “The metal was located and confiscated in the Sea Trade Port of Odesa,” the bureau said. The bureau has asked the civilian-military authorities of Odesa region to…
As soon as this week, some metallurgical plants will start to partially restore the production and export potential. The relevant statement was made by Ukrainian Infrastructure Minister Oleksandr Kubrakov during a telethon. “In recent weeks, we have been actively cooperating with industrial sectors to restore our production and export potential. More specifically, last week we…
