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Ukrainian steel can help balance EU supply: Zinchenko
Fri, 19 May 2023 00:00:00 GMT
The share of exports in Ukrainian steel production is decreasing, with a greater focus now on the domestic market, GMK Center chief executive Stanislav Zinchenko said during the Kallanish Europe Steel Markets 2023 conference in Amsterdam this week. Zinchenko also emphasised that in the event of a steel shortage in the EU, Ukraine can assist in

Metinvest presents Steel Dream, a project to rebuild Ukraine
Wed, 17 May 2023 22:00:32 GMT
Metinvest-SMC, Metinvest Groups sales company, presented the Steel Dream concept for rebuilding the country at the Rebuilding Ukraine: A Strategy for Change for Architects, Developers and Builders architectural and construction business forum on May 11 in

Ukraine: PGOK supplies all concentrate to NZF
Mon, 08 May 2023 08:41:58 GMT
Pokrovsk Mining and Processing Works supplies its manganese ore concentrate to the Nikopol Ferroalloy Works (NZF) only, as the Zaporozhye Ferro Alloys Plant has almost suspended operation. According to the company chairman Sergey Shuvayev, NZF needs products of the second sort only, that is why mostly the Northern quarry of PGOK operates. PGOK suspended

Ukraine: DTEK to launch three new long-walls
Thu, 04 May 2023 09:11:46 GMT
In May, DTEK Energo intends to launch three new long-walls in addition to 8 already commissioned since the start of the year. One of the long-walls has the reserves of more than 1 million tons of coal, which will come in handy when preparing for winter. In 2022, the group commissioned 28 long-walls. (Ukrainian

Metinvest Pays Over UAH2.5 Billion in Taxes to Ukrainian Budget ...
Wed, 03 May 2023 09:59:44 GMT
Amid Russias full-scale invasion of Ukraine, Rinat Akhmetovs Metinvest remains a pillar of the countrys economy. In the first quarter of 2023, the Group, including associates and joint ventures, paid over UAH2.5 billion in taxes and fees to budgets of all levels in

Eurofer: worst seems to be behind, but steel demand to remain ...
Wed, 03 May 2023 00:00:00 GMT
The year 2022 came to a close with a sharper-than-anticipated recession in apparent steel consumption (-7.2%) as steel demand shrank significantly, due to the energy crisis and the impact of the war in Ukraine. Although the worst seems to be over after the fourth quarter of 2022, apparent steel consumption is still projected to

Metinvest sources Polish angles for distribution in Ukraine
Tue, 02 May 2023 00:00:00 GMT
Metinvests trading arm, Metinvest-SMC, has delivered steel angles produced in Poland to Ukraine,Kallanishnotes. These were previously made at the companys destroyed plant Azovstal in the Russian-occupied Ukrainian city of Mariupol, the enterprise claims. The imported products from Poland meet international standards PN-EN10056-2 PN-EN10025-1 PN-EN10025-2. The angles are available in the following sizes: 160x160x10 for

Metinvest to Supply Steel for Ukraines Reconstruction in Partnership ...
Fri, 28 Apr 2023 11:53:12 GMT
Metinvest Group intends to work with the Ukrainian government and Italian businesses on the post-war reconstruction of Ukraine. Yuriy Ryzhenkov, the Chief Executive Officer of Metinvest, made this announcement at the Ukraine Recovery Conference, which took place on April 26 in Rome and was attended by Denys Shmyhal, the Prime Minister of Ukraine and Giorgia Meloni, the Prime Minister of

Kazakhstan: scrap export ban prolonged
Thu, 27 Apr 2023 09:07:00 GMT
The government of Kazakhstan has prolonged the prohibition to export ferrous and non-ferrous metals scrap. The export is prohibited by all transport means. The ban was imposed to increase scrap deliveries to domestic metal companies, as well as to fight the illegal trade in scrap. (Ukrainian

Europe-Ukraine Steel and Raw Materials Conference: EU copes with ...
Thu, 27 Apr 2023 00:00:00 GMT
The European economy has proved to be resilient in 2022 despite very gloomy predictions made in the first half of 2022 after the first consequences of the invasion of Ukraine were seen. The current economic situation, outlook and an impact on the European steel sector were described by Alessandro Sciamarelli, Eurofers director of economic

Ukraine: court arrests Medvedchuks wife shares in ZZF
Tue, 25 Apr 2023 09:47:02 GMT
A court has arrested the shares of Oksana Marchenko, the wife of the traitor Victor Medvedchuk, in Zaporozhye Ferro Alloys Works valued at over 1 billion UAH. The court decision concerns 13.7% of the company shares, that the wife of Medvedchuk owns via 4 offshore companies. ZZF is the only producer of metallic manganese

Metinvest Repays its 2023 Senior Notes
Fri, 21 Apr 2023 10:53:10 GMT
Metinvest B.V., the parent company of an international vertically integrated group of steel and mining companies (jointly referred to as Metinvest or the Group), is pleased to announce that it has redeemed the remaining principal amount of Senior Notes due 2023 on time and in full despite the material impact of the war in Ukraine on its

Number of CIS steel news reports: 12
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