Ukraine increases its purchases of flat-rolled products by 24%; the trend will continue due to reconstruction. In January-March, Ukraine imported 208,250 tons of flat-rolled products, which is 24.3% more than in 2023. Import costs increased by 16.4% to $232.5M. Turkey, Poland, Slovakia, and Italy were the larg... #FlatRolledProducts #RolledSteel #UkraineImports #UkraineReconstruction #Ukrainianmetallurgy
Ferrexpo is investing in the construction of a 10.8 MW solar power plant and electrifying its production processes. The metallurgical company Ferrexpo plans to build a solar power plant with a capacity of 10.8 MW for its production needs, said Viktor Lotous, chairman of the board of Poltava MPP. He states that the ... #ferrexpo #RenewableEnergyUkraine #SolarEnergyUkraine #Ukrainianmetallurgy #YeristovoMining
Industrial production increased by almost 6% over the year. According to the State Statistics Service, industrial production in Ukraine increased by 5.9% in 2023, while the fall in 2022 was 36.7%. According to the year’s results, production in the processing i... #IndustrialProductionUkraine #ProcessingPlantUkraine #UkraineEconomy #Ukrainianmetallurgy #WoodIndustry
Sanctions against the Russian mining and metallurgical industry: Will Ukraine benefit? As a result of European sanctions on the Mining and Metallurgical Industry (MMI), Russia’s export of metallurgical raw materials, semi-finished products, rolled steel, and pipes to the EU decrea... #MetallurgyRussia #SanctionsAgainstRussia #Ukrainianmetallurgy
Ukrainian metallurgists plan to increase production by 15% this year. Oleksandr Kalenkov, President of the Ukrmetalurgprom association, said: “We hope that the volume of steel smelting in 2024 will not be lower than last year, and taking into account the plans of ... #IronOreExport #OleksandrKalenkov #SteelProductionUkraine #UkrainianMetalExport #Ukrainianmetallurgy
One of the largest metallurgical plants in Ukraine exported 3.1 million tons of products and is increasing production. During the two years of the full-scale war, the Zaporizhstal metallurgical plant has exported 3.1 million tons of iron and rolled steel. The plant’s products are shipped to 38 countries around t... #SteelProductionUkraine #UkraineEconomy #UkraineIronProduction #Ukrainianmetallurgy #Zaporizhstal
Experts have named the most attractive industries for investment in Ukraine and identified the barriers that should be removed. As Andrii Dlygach, the Director of the Advanter Group of Companies, pointed out, given its present course of European integration, Ukraine has huge opportunities in everything related to the green tra... #energyukraine #investments #InvestmentsinUkraine #UkraineDevelopment #UkraineEconomy #Ukrainianmetallurgy
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
Now the complex is being prepared for re-privatization. “[Zaporizhzhia Titanium and Magnesium Plant] will soon regain the status of a pearl of Ukrainian metallurgy,” Dmytro Sennychenko, chairman of the Property Fund. “In the future we will be able to attra... #DmytroSennychenko #Ukrainianmetallurgy #ZaporizhzhiaTitanium