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…
The State Investigations Bureau has blocked the attempts of an illegal export of Belarus goods via Ukraine. In particular, the transit of two carriages with 139 tons of metal products was blocked. The metal was being transported from Belarus via Ukraine to customers in the North Africa, but has been confiscated for the needs of…
The transactions in cash in the process of metal procurement will be limited at 10,000 lei at the most. The initiative legislative on the amendment of the Fiscal Code, launched by a group of MPs of the faction of the Action and Solidarity Party (PAS), was backed by the parliament’s commission for economy, budget and…
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)