Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, reduced rolled steel production by 44% year-on-year to 7.1 thousand tons in January-March this year.
According to the company, coke production in January-March 2025 decreased by 21.3% to 54.9 thousand tons.
In March of this year, DMZ did not produce rolled products and shipped 2 thousand tons of steel products manufactured in previous periods to customers. Coke production in March increased by 8.4% to 18.7 thousand tons compared to February, but decreased by 23.4% compared to last year’s March, the report says.
As reported, in 2024, DMZ reduced rolled steel production by 59.4% compared to 2023 to 42.9 thousand tons, and coke by 1.2% to 289.1 thousand tons.
In 2023, DMZ increased its rolled steel output by 86.2% compared to 2022, to 105.6 thousand tons, and coke by 38.5%, to 292.7 thousand tons.
In 2022, the plant reduced rolled steel production by 74.2% compared to 2021, to 58.4 thousand tons, and coke production by 56.3%, to 211.3 thousand tons.
DMZ specializes in the production of steel, pig iron, rolled products and products made from them.
On March 1, 2018, DCH Group signed an agreement to buy Dnipro Metallurgical Plant from Evraz.
According to the company’s financial statements, the net profit of the Ukrainian GTS Operator LLC (GTSOU) for 2024 amounted to UAH 2.8 billion.
As the company reported on Wednesday, the Supervisory Board of GTSOU at its regular meeting on April 4 recommended that the general meeting (Ministry of Energy of Ukraine) approve the annual financial statements for 2024.
“Despite the end of natural gas transit, which had a significant impact on the impairment of the company’s assets at the end of the reporting year, the company made a profit of almost UAH 3 billion last year and is ready to pay significant dividends to the state budget,” said Dmytro Lypa, CEO of GTSOU.
The company, in particular, appealed to the Ministry of Energy with a proposal to approve the allocation of 75% of net income, namely UAH 2.1 billion, to pay dividends to the state budget.
The statutory audit of GTSOU was conducted by the independent auditing firm Crowe Erfolg Ukraine, which issued an unqualified audit opinion.
“The company’s financial statements for 2024 present fairly, in all material respects, the financial position of GTSOU as of December 31, 2024, and its financial results and cash flows for the year in accordance with international financial reporting standards,” the auditor’s report cited by the company states.
Gas TSO of Ukraine LLC is a natural monopoly that provides natural gas transportation to consumers in Ukraine and the EU. Since January 1, 2020, GTSOU has been a certified operator of the Ukrainian gas transportation system, completely independent of vertically integrated enterprises. In 2024, GTSOU generated over UAH 38.5 billion in revenue.
On October 27, 2023, as part of the corporate reform, 100% of the GTSOU’s authorized capital was transferred to the Ministry of Energy of Ukraine.
Prices for construction and installation works in Ukraine increased by 6.3% in February 2025 compared to February 2024, the State Statistics Service (Ukrstat) reported.
According to the statistics agency, in February 2025 compared to February 2024, prices increased in all segments of construction: in residential construction, the growth was 6.8%, in non-residential construction – 6.6%, and in engineering – 5.9%. Compared to January of this year, prices increased by 0.4%, 0.5% and 0.6%, respectively.
In February 2025 to December 2024, prices for construction and installation work increased by 1.3%, while in the first two months of 2025, prices for construction work increased by 6.7% compared to the same period a year earlier.
As reported, in 2024, prices for construction and installation work increased by 7.9% compared to the previous year, and in 2023, they rose by 15.8% compared to 2022.
The State Statistics Service indicated that the figures are given without taking into account the temporarily occupied territories and part of the territories where hostilities are (were) conducted.
The shareholders of PrJSC Insurance Company Inter-Policy (Kyiv) plan to allocate 95%, or UAH 60 million, of the net profit received in 2024 to pay dividends.
This is stated in the draft decisions of the company’s shareholders’ meeting scheduled for April 28, 2025, published in the NSSMC information disclosure system.
In addition, according to the report, 5% of net profit is planned to be allocated to the company’s reserve capital.
The shareholders also plan to approve the amount of annual dividends per share and pay the above dividends within six months from the date of this decision.
As reported, Inter-Policy Insurance Company was founded in 1993. It has 20 licenses for voluntary and compulsory insurance, as well as branches and representative offices in all major regional centers of the country.
According to the National Securities and Stock Market Commission, as of the second quarter of 2024, JSC Ukrzaliznytsia owns 50.005% of the insurer’s shares, and six individuals own from 5% to 9.961%.
Ukrainian enterprises increased exports of ferrous scrap by 32.04% year-on-year in January-March this year, up to 80,888 thousand tons from 61,261 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, 39.908 thousand tons were exported in March (+57.8% compared to February), 25.284 thousand tons of scrap in February (+61% compared to January), and 15.696 thousand tons in January.
In monetary terms, scrap metal exports in January-March increased by 25.1% to $24.302 million from $19.431 million.
Scrap metal exports in the period under review were mainly to Poland (88.03% of supplies in monetary terms), Greece (6.95%) and Germany (2.51%).
During the first quarter, Ukraine imported 25 tons of scrap metal worth $8 thousand from Poland (85.71%) and the British Virgin Islands (14.29%).
As reported, on March 28, 2025, the Verkhovna Rada held a working meeting on providing Ukrainian steel producers with raw materials, which was attended by representatives of metallurgical enterprises, the government and MPs. At the meeting, Dmytro Kysylevskyi, Deputy Chairman of the Verkhovna Rada Committee on Economic Development, stated that Ukraine currently has a EUR180/ton duty on scrap metal exports, which applies to all countries except the EU. This duty will continue to apply to supplies to Turkey after the signing of the FTA.
The MP noted that another important topic was also discussed at the meeting, namely the circumvention of the current duty on scrap through transit by the EU.
According to the Deputy Chairman of the Verkhovna Rada Committee on Economic Development, last year almost 300 thousand tons of ferrous scrap were exported from Ukraine to the EU with zero duty. The lion’s share of these exports transited through Constanta and other ports to Turkey and other countries, avoiding the EUR180 per tonne duty, which is about UAH 2 billion in lost state budget revenues. Kysylevsky emphasized that if this scrap had gone to Ukrainian plants, it would have created more added value in production, more taxes, and the Armed Forces could have received more funds to finance Ukraine’s defense needs.
“Therefore, in view of this, Ukraine should start consultations with European partners on their ability to track the end user of raw materials, as well as on other more applied measures to ensure that this scarce raw material remains and is processed in the country (…) Ukraine should be as firm as possible in defending its own national interests,” the parliamentarian summarized.
As reported earlier, in 2024, Ukraine’s scrap collection companies increased exports of ferrous scrap by 60.7% compared to 2023, up to 293,190 thousand tons from 182,465 thousand tons. In monetary terms, the export of scrap metal increased by 73.2% to $91.311 million from $52.723 million over the year. Last year, scrap metal was exported mainly to Poland (81.80%), Greece (13.75%) and Germany (3.19%).
Last year, Ukraine imported 104 tons of scrap metal worth $110 thousand, mainly from Turkey (64.55% in monetary terms), the British Virgin Islands (16.36%) and Panama (8.18%), while the previous year the country imported 1,075 thousand tons worth $411 thousand.
US duties on goods from China have now reached 145%, CNBC reported on Thursday, citing an unnamed White House official.
The US presidential administration explained that the day before, the American leader had raised “retaliatory” duties on Beijing from 84% to 125%, but at the same time, he had introduced a 20% fee even earlier in response to the fact that Beijing, in Washington’s view, was not doing enough to stop the supply of fentanyl to the United States.
So far, US media have reported that US duties on Chinese products have reached 125% in total.
Last Wednesday, U.S. President Donald Trump said that Beijing wants to conclude a trade agreement with Washington, but does not know how to do it. When asked to comment on this statement by the American leader, Chinese Foreign Ministry spokesperson Lin Jian said that the United States has so far only imposed duties on Chinese products, and Beijing does not accept such behavior in any way. He noted that in order to start a dialogue, the United States needs to demonstrate respect and equal treatment of the other side.
