Faced with falling global prices, Ukraine risks losing its share of metallurgical exports. The situation in the Ukrainian mining segment shows a significant recovery, which began after the sea corridor’s opening last year. However, due to a drop in prices on the global metallurgical market,... #MetallurgicalProduction #MetallurgyUkraine #UkrainianMetalExport
Ukraine has practically stopped exporting important metallurgical products; factories will remain idle. 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 3... #FerroalloyPlan #MetallurgicalProduction #NikopolFerroalloy #Ukrainianmetallurgy #ZaporizhzhiaFerroalloy
Infrastructure restoration has significantly driven domestic metallurgy; analysts predict further growth in demand. According to the results from 2023, the internal consumption of steel, considering imports, was approximately 3.5 million tons. Although metal trading companies face numerous problems caused by the wa... #MetallurgiaUkraine #MetallurgicalProduction #UkraineEconomy
Ukraine’s rolled metal market showed almost 100% growth this year. In 10 months of the year, Ukrainian enterprises increased their rolled metal consumption by 94.51% compared to the same period last year – up to 2.9 million tons. During this period, 937,500 ton... #MetallurgiaUkraine #MetallurgicalProduction #UkraineRolledMetal
Ukraine doubled its steel production in April, according to Worldsteel data. In April, metallurgical enterprises of Ukraine increased steel production by 100% compared to the same period last year, up to 574,000 tons, and took 22nd place in the ranking of 63 countries that are... #MetallurgicalProduction #SteelProductionUkraine #SteelUkraine #Worldsteel
In January-April, scrap collection in Ukraine decreased by 40.8% against last year’s corresponding figure to 366,600 tons. And the domestic supply of scrap to metallurgical plants decreased by 49.8% to 292,800 tons, according to the industry association. It is not... #MetallurgicalProduction #ScrapExport #ScrapMetalUkraine
In the middle of the year, steel and raw materials will become cheaper. The cost of metallurgical products on world markets will decrease during the second and third quarters of 2023, according to industry analyst Andriy Tarasenko. According to him, the main reason is the... #AndriyTarasenko #MetallurgicalProduction #OlegHnitetskyi #SteelPrices
Danube shipping will transport products from Europe’s largest metal producer. Ukrainian Danube Shipping (UDS) won the HBIS Serbia tender for transporting more than 500,000 tons of the company’s metallurgical products, the company reported. The contract will provide the UD... #DanubeShipping #HBISserbia #MetallurgicalProduction
The largest metallurgical plant in Ukraine has resumed work. The metallurgical company ArcelorMittal has resumed mining work. The company said in a statement that one of their two quarries and two factories – crushing and ore beneficiation – are wor... #ArcelorMittal #MetallurgicalProduction
Some metallurgical plants will begin to restore production capacity. Some metallurgical plants will start partially restoring production and export potential this week, said the Minister of Infrastructure, Alexander Kubrakov. He noted some difficulties with logistics, ... #MetallurgiaUkraine #MetallurgicalProduction #Steelproduction
Metinvest increased production by launching 54 new products. In 2021, the Metinvest Group’s metallurgical enterprises began producing 54 new products, including the result of a joint venture with Zaporizhstal, which has resulted in the release of seven ne... #MetallurgicalProduction #Metinvest #MetinvestUkraine #UkraineMetallurgicalProduction
