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Ferrexpo has suspended mining and production of iron ore in Ukraine

Ferexpo PLC shares fell 7.64% after the company said it was temporarily suspending production, Market Watch reported....

Four Ukrainian coal mines suspended work after missile attack

The missile strike cut off power to four mines, initially trapping the miners underground and knocking out equipment and ventilation. Soon after, all...

Ukraine and the EU consider the production of biomethane as one of the ways to overcome gas dependence

Ukrainian entrepreneurs are already interested in the possibilities of launching the first capacities for the production of biomethane and the...

Ferrexpo's total iron ore pellet production declined by 68%

Sales of a Swiss mining company with assets in Ukraine totaled one million tonnes in Q3 2022, a 65% decrease year-on-year, reflecting logistical...

European Council bans imports of Russian semi-finished steel under new package of sanctions

Despite the resistance of metallurgical enterprises and traders, the EU included in the eighth package of anti-Russian sanctions a ban on the import...

Ukrainian coking plants reduced gross coke production by 55.2%

Currently, Yuzhkoks, Kametstal (former DKHZ), DMZ (Dneprokoks), Zaporizhkoks and coke production at ArcelorMittal Kryvyi Rih operate in the industry,...

EBRD downgrades Ukrainian economic growth forecast for 2023 from 25% to 8%

The downgrade is a sign of how much uncertainty going forward is affecting Ukraine's economic outlook, the bank adds....

The destruction of the dam of the Kyiv hydroelectric complex will not be a disaster - Ukrhydroenergo

Ukrhydroenergo stated that the hydraulic structures of the Kyiv HPP are in good condition, the dam failure is unlikely, and possible damage due to...

Stopped Zaporizhzhya NPP will not resume operation until the shelling stops

Zaporozhye nuclear power plant has been completely shut down, while the needs of the plant are provided by the repaired external line....

Ukraine may resume coal exports to Poland

We are talking about 100 thousand tons of Ukrainian coal with delivery in September, which are now critically needed by Poland to overcome the energy...

Naftogaz launches new arbitration against Gazprom

According to the chairman of the board of Naftogaz, the current long-term contract was concluded on the terms of "pump or pay". At the same...

For 8 months of 2022, steel production in Ukraine fell by 64.5%, to 5.2 million tons

In August 2022, Ukrainian ferrous metallurgy enterprises increased steel production by 29% compared to July to 366 thousand tons against 284 thousand...

Ukraine's foreign exchange earnings from the export of ferrous metals decreased by $4 billion

In July, proceeds to Ukraine from the export of ferrous metals amounted to 266.620 million dollars....

Zaporizhstal has reduced the output of metal products by 56% since the beginning of the year

The fall in metallurgical production at the plant in Zaporozhye in August reached 64% compared to August 2021....

In August, the truck market in Ukraine decreased by 62%

The most popular truck brands in Ukraine remain RENAULT, MERCEDES-BENZ and SCANIA...

Employees of Ukrzaliznytsia mined crypto on service equipment

The security service of Ukrzaliznytsia and law enforcement officers exposed an illegal cryptocurrency mining farm at the company's premises in the...

The market of new passenger cars in Ukraine decreased by almost three times in August

For the first time in the history of Ukraine, the top three sales leaders included cars of the German brand BMW, of which 197 units were sold. Toyota...

Export earnings of Ukraine from trade in semi-finished steel decreased by 60%

In physical terms, Ukrainian exports of semi-finished products from carbon steel decreased by 64% compared to the same period last year - to 1.5...

The National Bank of Ukraine proposed to recognize the residence of the Russian Federation as a sign of a faulty business reputation

The regulator proposed to prohibit citizens of Russia or companies registered in the Russian Federation from using the right to vote on their shares...

Ukrainian lithium will get into the batteries of BMW electric vehicles

An Austrian company planning to mine lithium in Ukrainian deposits has signed a memorandum with the German automobile concern BMW for the supply of...

S&P and Fitch consider Ukraine's agreement to defer payments on public debt as a default

S&P downgraded Ukraine's national currency rating from B-/B to CCC+/C, Fitch retained the corresponding rating at CCC-....

Demand for electric vehicles in Ukraine shows "crazy" growth - Ukrautoprom

Since the beginning of 2022, almost 5.9 thousand cars have replenished the Ukrainian fleet of cars powered by battery power sources, which is 34%...

Director General of Ukrhydroenergo initiated the construction of new bomb shelters at the Dnieper HPP

We are analyzing the situation, preparing for any scenarios, the main task is to keep the system, an emergency reserve, - said Igor Sirota....

Ferrexpo's net profit in the first half of the year decreased by 88%

According to Lucio Genovese, non-executive chairman of Ferrexpo, the financial results announced today reflect "an unprecedented period in the...

Ukrainian gas transportation system allowed to pump biomethane

Gases produced from landfill waste could replace approximately 20% of today's global gas consumption, the International Energy Agency has calculated....

Fitch Ratings downgrades Ukrzaliznytsia's credit rating amid downgrading of Ukraine's sovereign rating

Ukrzaliznytsia said that the company continues to fulfill its financial obligations, and in early July, regular coupon income payments were made to...

Novokramatorsky Mashzavod announced the start of the procedure for the "compulsory alienation" of property

On July 19, 2022, the Verkhovna Rada of Ukraine adopted a resolution “on certain issues of expropriation of property under the legal regime of...

Ukraine reduced the export of scrap metal by eight times

In January - June 2022, 28.74 thousand tons of scrap metal were exported from Ukraine....

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