In 2020, the volume of capital investments in metal industry decreased by 52.6% YoY, to 18.8 billion UAH. According to the State Statistics Service, overall investments in industry dropped by 43.6%, to 153.3 billion UAH. The share of metallurgy was 12.3%. In Q1 2020, capital investments decreased by 27.5%, in Q2 – by 51.4%, in…
In 2020, the loan portfolio of the mining and metallurgical companies increased by 8.5% YoY, to 22.8 billion UAH. Metallurgy accounted for 17.8 billion UAH and mining – 5 billion UAH. Metal companies mostly take loans for 1-5 years (14 billion UAH) in foreign currency, while short-term loans (1 years) constitute a lion’s share in…
Ukraine and Algeria have significant potential for increasing cooperation in the metallurgical sector. According to the press service of the Embassy of Ukraine in Algeria, this was discussed during a meeting between Ambassador Maksym Subkh and Chief Executive Officer of Algeria’s IMETAL Group Tarik Bouslama. “During the meeting, the attention of the Algerian side was,…
In 2020, Ukrainian metal companies decreased railroad shipping of their products by 4.2% YoY, to 20.5 million tons. In December 2020, metal transportation grew by 15.4%, to 1.85 million tons. In particular, exports increased by 10.7%, to 1.34 million tons, domestic transportation – by 35.6%, to 335 thousand tons, transit – by 22.9%, to 111.4…
In November, salaries in metal and mining industry decreased. By-product coke plants experienced the largest drop – by 10.9%, to 17.3 thousand UAH. In November, average salaries were as follows: at mining enterprises – 17.4 thousand UAH (-4.9%), at pipe enterprises – 13.2 thousand UAH (-3.5%), at ferrous metallurgy enterprises – 16.7 thousand UAH (-5.4%)…
In January-September, Ukraine decreased metal transportation via railroad by 7.6% YoY, to 15.3 million tons. In particular, exports grew by 6%, to 11.5 million tons, while imports fell by 33.5%, to 435.7 thousand tons, transit – by 4.5%, to 848.5 thousand tons, and domestic – by 19.9%, to 2.5 million tons. In September, metal transportation…
In August, seaports increased ore export transportation by 32.5% YoY, to 2.9 million tons. Ferrous metals exports grew by 26.7%, to 1.2 million tons. According to the Administration of the Seaports of Ukraine, in January-August, ore exports increased by 42.2% YoY, to 23.2 million tons, and ferrous metals – by 5.6%, to 10.4 million tons.…
In July, the average level of salary in mining and metal industries increased. The largest growth was in mining companies – by 13.7%, to 19.8 thousand UAH. At by-product coke plants salaries grew by 10.4%, to 20.7 thousand UAH, at ferrous metallurgy companies – by 4.2%, to 17.9 thousand UAH, at pipe companies – remained…