In 2021, capital investments in the mining and metallurgical complex of Ukraine grew by 32.7% YoY, to $1.82 billion. According to the Service of State Statistics, in metal industry the growth was 36.7%, to $75.4 million, while in metallic ore mining – 29.2%, to $948.7 million. The volume of investments in the segment of iron…
The Cabinet of Ministers has included carbon and other alloyed rolled steel, cold-deformed rods and bars as well as some metal structures and their parts in the list of critical import wares. The list also includes copper foil, metal-cutting machines and machines for metal treatment. In 2021, domestic consumption of rolled metal grew by 4.14%…
Lietuvos Geležinkeliai (Lithuanian Railways, LTG), Lithuania’s state-owned railway company, is halting the transportation of products sent to the port of Klaipeda by companies that are part of Russia’s mining and metallurgy group Metalloinvest. The decision was made in view of the continuing Russia’s invasion of Ukraine and the European Union’s (EU) new sanctions on Moscow,…
The Ministry of Economy has allowed the Ukrainian Metallurgical Plant Design Institute to conclude an agreement to design the construction of a forging and banding complex in Ekibastuz, Kazakhstan for $840 thousand. The design was ordered by Astana Kala Kurylys. The cost of the work was more than 10% Ukrgipromez assets value, so the enterprise…
In January-November, Belarus decreased metal transit via Ukraine by 34.5% YoY, to 398.7 thousand tons. According to Ukrzaliznytsia, the main supplier was Belarus Iron and Steel Works. Metal was mostly shipped to Odessa port. (Ukrainian metal)
In May, average wages in the mining and metal industry increased. Ferrous metallurgy enterprises witnessed the largest growth – by 8%, to 20.1 thousand UAH. At by-product coke plants the average salary was 20.2 thousand UAH (+5%), at pipe companies – 15.1 thousand UAH (+2.1%), at mining enterprises – 19.2 thousand UAH (+3.1%), in non-ferrous…
In May, average salaries in metal and mining sectors decreased. Only pipe enterprises increased their wages – by 7.8%, to 14.8 thousand UAH. Thus, at by-product coke plants average salary was 19.2 thousand UAH (-12%), in ferrous metallurgy – 18.6 thousand UAH (-16%), at mining companies – 18.6 thousand UAH (-9.5%), in non-ferrous metallurgy –…
In January-April, metal companies consumed around 650 million cubic meters of natural gas, up by 8.3% YoY. Electricity consumption grew by 3.9%, to 3.76 billion kW-h. In 4 months, Ukraine produced 7.14 million tons of steel (+7.2%), 7.07 million tons of pig iron (+9%) and 6.39 million tons of rolled metal (+7%). (Ukrainian metal)
