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The Ukrainian rolled metal market grew by 7.7%

For six months of 2024 in Ukraine, the capacity of the domestic market amounted to 1 million 736.4 thousand tons of rolled metal, of which 592.4...

Fitch confirmed Metinvest's speculative credit rating

The recovery analysis assumes that Metinvest would be considered a going concern in the event of bankruptcy and that in such case it would be...

Ukrainian pipe makers supplied drill pipes to Australia for the first time

Ukrainian industrial company, manufacturer of steel pipes and railway products INTERPIPE shipped pipe products to Australia for the first time....

Steel and rolled metal production has increased significantly in Ukraine

In the first half of this year, the production of general rolled products and steel production in Ukraine increased by a third....

Zaporizhstal increased production of finished rolled steel by one and a half times

From January to June 2024, 1,527.3 thousand tons of cast iron, 1,486.4 thousand tons of steel were produced, 1,233.5 thousand tons of rolled products...

Steel production in Ukraine has become unprofitable due to current electricity import regulations

Under the current standards for the import of electricity, the metallurgical industry of Ukraine is becoming unprofitable, Rinat Akhmetov said at...

The Ukrainian rolled metal market decreased by another 3.6%

For five months of 2024, the capacity of the domestic market of Ukraine amounted to 1,360.9 thousand tons of rolled metal, of which 472.9 thousand...

Zaporizhstal of Metinvest Group inflates blast furnace No. 2 after major repairs

The main goal of repairing blast furnace No. 2 is to increase the reliability of equipment and the consistency of the production process at the blast...

Ukrainian energy holding DTEK plans to develop LNG trade in Europe

The expansion of the company's activities in Europe will help strengthen Ukraine's ties to the wider energy market...

"Zaporizhstal" intends to improve the quality of metal products

Zaporozhye Metallurgical Plant "Zaporizhstal" intends to introduce a number of measures in the near future to improve the quality of rolled...

ArcelorMittal Krivoy Rog is gradually increasing production and launching two more coke oven batteries

From 04/21/2024 to 04/24/2024 inclusive, the metallurgical plant in Krivoy Rog plans the next important step - the launch of coke oven batteries No....

The metallurgical plant "Kametstal" is mastering the smelting of high-quality billets

Last year, at the first stage, Kametstal successfully mastered the production of continuously cast billets with a cross-section of 160x160 mm with...

Ferrexpo has settled a financial dispute with one of its suppliers

According to the company's press release, the amount of debt declared by Oxygen LLC under the supply agreement is UAH 2.2 million (about $58...

Rheinmetall plans to open at least four weapons factories in Ukraine

The company said it plans to increase production of artillery shells as European allies try to increase production to provide Kyiv with more...

Most of Metinvest's steel products are sold in the European Union

Metinvest sold more than half of its products in the EU in the first half of 2023....

Ukraine resumed electricity trade with Hungary for the first time in 2 years

This is the first export of Ukrainian electricity to EU countries since February 2024....

Ukrainian railways want to resume sales of scrap metal

Ukrzaliznytsia will continue to sell scrap metal after determining the procedure for approving the Cabinet of Ministers - the procedure for the sale...

DTEK machine builders have released the second roadheader of a new line

Its weight is almost 55 tons - 20% more than previous models, and the electro-hydraulic part is made using components from leading European...

Ukraine reduced exports of uranium-containing ores by 2.4 times

According to statistics released by the State Customs Service (SCS) on Friday, in monetary terms, exports of titanium-containing ores and concentrate...

Metinvest reduced steel production, but increased mining and processing of iron ore raw materials

Since August 2023, a sea corridor began to operate for merchant ships traveling along the Black Sea from or to Ukraine, which, in particular,...

Rolled metal production at Zaporizhstal increased 2.6 times

The increase in production levels in January 2024 compared to the same period last year is due to the removal of blast furnace No. 2 from hot...

Victor Pinchuk's pipe plant warns of the negative impact of changes in tax policy in Ukraine

The activity of the enterprise may be negatively affected by instability of legislation, in particular changes in tax policy, deterioration of the...

Italy signed a memorandum of understanding with Metinvest to create an integrated industrial project in the municipality of Pembino

The Pembino steel complex is one of the main steel processing centers in Italy and Europe, and the Ministry of Business and the Made in Italy project...

Ukraine lost another 42% of export revenue from ferrous metals trade in 2023

Statistics of Ukrainian exports of ferrous metals continued to deteriorate in 2023 after falling by 67.5% in 2022....

Ukrainian exports of steel semi-finished products and billets continued to fall in 2023

Exports of steel billets and semi-finished steel products from Ukraine in 2023 decreased by another 36% after a fall of 72% in 2022....

Ukrhydroenergo is preparing lawsuits against the Russian Federation for the destruction of the Kakhovka hydroelectric power station

Ukrhydroenergo is the largest hydro-generating company in Ukraine. The destruction of the Kakhovka Dam caused nearly $14 billion in damages to...

Ukraine's foreign exchange earnings from the export of metal products decreased by 44%

In November, earnings from the export of ferrous metals amounted to $174.380 million, while in the previous month – $175.8671 million....

Losses of the Ukrainian company Interpipe due to the blockade of the Polish-Ukrainian border exceeded $1.2 million

In addition to the already calculated direct losses, Victor Pinchuk’s pipe company expects large claims from its European consumers and the...

Metinvest named the conditions for increasing foreign exchange earnings from the export of metal products

Safe maritime transportation, financing for small and medium-sized steel consumers, simplification of customs procedures and expansion of the range...

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