Metinvest enterprises in Krivoy Rog, Kamenskoye, Zaporozhye and Pokrovsk are operating in normal mode. In particular, the Central and Ingulets Mining and Processing Works continue extracting iron ore. Kametstal is operating with metallurgical and by-product coke departments. Zaporizhstal is also working. Azovstal and Mariupol Ilyich Iron and Steel Works are being mothballed. No raw materials…
Metinvest-SMC will provide channels, beams and other rolled metal to strengthen the Ukraine’s defense. The materials can be used to produce Czech hedgehogs. The metal will be provided on a free-of-charge basis. “We ask to provide a letter from authorities, territorial defense or the military,” the company said on Facebook. (Ukrainian metal)
From March 1, Metinvest will increase wages at all its enterprises. This year, expenses on labor payments will grow by 10%. Moreover, from April 1 some employees will receive additional payments of 5% of 25% from their salary. Metinvest claims that its wages are 5-8% higher than their competitors’. As of February, the average salary…
The Metinvest enterprise in Kamenskoye has received a new name – Kametstal. The company comprises metallurgical and by-product manufactures (earlier Dneprovskiy Iron and Steel Combine and Dneprovskiy By-Product Coke Plant). The enterprise employs over 9 thousand people. The main products are blast furnace coke, continuous-cast and pipe billets, as well as rolled metal. Kametstal is…
In 2021, Metinvest enterprises produced 9.709 million tons of pig iron, up by 15% YoY. Steel output also grew by 15%, to 9.533 million tons. Manufacture of semi-finished products went up by 3%, to 3.411 million tons, including 1.347 million tons of pig iron (+24%), 1.651 million tons of slabs (-26%) and 413 thousand tons…
In 2021, the Metinvest Group of Companies paid 52.7 billion UAH of taxes to budgets of all levels, up 2.4-fold YoY. This was also the highest amount of taxes paid by the group in its history. Profit tax accounted for 33 billion UAH, up 6-fold. (Ukrainian metal)
The Metinvest group estimates the need of its enterprises in scrap in 2022 on the level of 1.9 million tons. Taking into account the current balance of customers and potential exports, which is expected to be around 150 thousand tons, the group sees the level of procurement at least not below the 2021 level. The…
In 2021, Metinvest enterprises mastered the manufacture of 54 new product types. Most new products appeared in the plate segment (15) and hot-rolled coils (13). There were also new products in the semi-finished steel products segment (11), cold-rolled coils (6), bars (5) and galvanized coils (4). Azovstal developed 9 slabs of new steel grades. Mariupol…