In July 2024, Ukraine sold $2.97 billion worth of products abroad, a 9% increase from June, with the metallurgy sector setting records by exporting 219,000 tons of iron semi-finished products, an 83% increase from the previous month, according to Deputy Minister of Economy of Ukraine and trade representative Taras Kachka. “The metallurgy sector achieved a … Read more
Ukrainian metallurgical enterprises in January-June 2024 increased the production of general rolled products, according to operational data, by 32.2% year-over-year, to 3.140 million tonnes from 2.374 million tonnes. According to information from Ukrmetallurgprom association, published on Monday evening, steel production increased by 37% by January-June 2023, to 3.874 million tonnes, and pig iron production increased … Read more
Based on the results of January-March of this year, Metinvest reduced steel production by 4% compared to the same period last year, and by 5% compared to the previous quarter – to 469,000 tonnes, according to a press release from the parent company Metinvest B.V. According to it, pig iron production decreased by 10% from … Read more
The Metinvest mining and metallurgical group intends to build a plant in Piombino in the Italian region of Tuscany as one of the most technologically and environmentally advanced of its kind, which will become a pilot for our future investments of the company in Ukraine, Metinvest CEO Yuriy Ryzhenkov said in an interview with La … Read more
The Ukrainian industrial company Interpipe has prepared 210 new types of pipe products for the European Union market. According to the Interpipe press release, Ukraine’s accession to the European Union is a conscious civilizational choice of the country. “But while the country is taking steps in this direction, Ukrainian business has already been quite deeply … Read more
In January 2024, exports of ferroalloys decreased to 230 tons of products compared to 2,500 tons in December and 55,900 tons in January 2023. Last year, exports decreased by 4.9% compared to 2022 to 344,200 tons, and by 48.5% compared to 2021. Poland, Turkey, and the Netherlands were the largest consumers of Ukrainian ferroalloys in … Read more
The shares of Kryvy Rih Iron Ore Plant owned by the Ukrainian businessman have changed the owner, NV Business reports, citing the London court decision. According to the report, Kolomoisky sold 50% of the mine in Kryvy Rih for $926 million to Russian citizen Mikhail Voevodin – allegedly, the businessman concluded such an unusual agreement … Read more
In January-August 2021, Ukraine produced 14.48 million tonnes of pig iron, taking the tenth place in the world ranking of pig iron producers, Ukrinform reports with reference to the Ukrmetalurgprom Association. According to Worldsteel, 981.96 million tonnes of pig iron was produced in January-August 2021, which is 5.3% more than in the same period last … Read more