Grain transit through Poland has significantly decreased from January to May due to the loss of current markets in Europe and beyond, as well as a change in the vector of Ukrainian grain sales, which is 90% through the Black Sea Canal and Romania, Polish Deputy Prime Minister Wladyslaw Kosyniak-Kamysh said at a meeting with representatives of the People’s National Farmers’ Protest on Friday.
“From January to May, the transit (of grain through Poland) was halved,” Polish Agriculture Minister Czeslaw Sekerski informed the meeting participants, according to the official website of the Polish Ministry of Agriculture.
According to the Vice Prime Minister, one of the reasons for the problems in the grain market is the loss of Poland’s current markets in Europe and beyond.
“More than 90% of grain transit from Ukraine is carried out through the Black Sea Canal and Romania,” Kosyniak-Kamysh said.
He also expressed his support for the expansion of agro-ports and grain terminals, while announcing the government’s decision to unblock the waterway to the port of Elbląg.
According to Kosyniak-Kamysh, the European Union’s decision on Ukraine’s access to the community market is the last possible solution in the current formula.
“The EU’s dialog with Ukraine should last for many years. Just like our accession negotiations,” he said.
At the same time, the Deputy Prime Minister called for a significant tightening of border controls to prevent the importation of products that do not meet high European standards into Poland.
Source: https://www.gov.pl/web/rolnictwo/trzeba-wrocic-do-ochrony-rynku-europejskiego
India will participate in the upcoming Peace Summit to be held on June 15-16 in Switzerland, Indian Prime Minister Narendra Modi has said, The Siasat Daily reports.
“India will participate in all important summits that advance the agenda of global peace, security and development,” Modi said, as quoted by The Siasat Daily.
According to the newspaper, this refers to the G7 summit, which will be held in Italy on June 13-15, as well as the Global Peace Summit, which will be held on June 15-16 in Switzerland.
Modi noted that India will “be the voice of the Global South” at these summits to shape the global discourse and promote a vision of people-centered development and a prosperous and peaceful world. “The level of participation will depend on time, logistics and concurrent commitments,” said the Indian Prime Minister in response to a question about whether he would attend the meetings. According to Modi, India’s invitations to these summits demonstrate the importance of the country and the weight of its contribution to international affairs.
Source: https://www.siasat.com/india-to-participate-in-g-7-ukraine-peace-summits-pm-modi-3029281/
Croatian Prime Minister Andrej Plenković has confirmed his participation in the Peace Summit in Switzerland, President of Ukraine Volodymyr Zelenskyy said following a conversation with the head of the Croatian government.
“I congratulated him on his appointment as Prime Minister of the Republic of Croatia and expressed gratitude for Croatia’s continued support for Ukraine. I also thanked Prime Minister Plenkovic for confirming his participation in the Peace Summit in Switzerland,” Zelenskyy wrote in a telegram on Monday.
The parties also discussed Croatia’s support for the start of negotiations on Ukraine’s accession to the EU and the possibility of joining the G7 Vilnius Declaration of Support for Ukraine.
Crossing the threshold of the museum, you will find yourself in the atmosphere of bygone eras, where each exhibit tells its own story. More than 100 original vintage cars and motorcycles, carefully preserved, restored and maintained, are waiting for you in the museum’s halls.
But that’s just the beginning! In addition to cars and motorcycles, there is a collection of retro artifacts from the mid- and late twentieth century. From vintage advertising signs to old gas stations, from children’s toys to iconic household items, each exhibit tells its own story and takes you back to those times.
Join us and dive into the magical world of retro!
– Opening hours: Fri-Sun, 10:00-17:00
– Location: 1 Malynska St.
In January-April 2024, TAS Insurance Group (Kyiv) paid UAH 628.6 million in insurance claims under the concluded insurance contracts, which is 57.2% more than the total amount of the company’s payments for the corresponding period last year, according to the insurer’s website.
In addition, it is noted that 27.58% or UAH 173.34 million of payments were made on hull insurance, which is 40.4% more than in the same period last year, for MTPL – by 35.07%, or UAH 220.46 million (+44.4%), Green Card – by 19.34%, or UAH 121.56 million (+75.7%).
VHI payments increased even more – in fact, by 2.3 times – to UAH 93.42 million, which is 14.86% of the total amount of payments made by the insurer in the reporting period.
TAS IG paid UAH 3.43 million under property insurance contracts and UAH 16.39 million under other insurance contracts.
TAS IG was registered in 1998. It is a universal company offering more than 80 types of insurance products in various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.
“In January-March this year, Metinvest reduced steel production by 4% year-on-year and by 5% quarter-on-quarter to 469 thousand tons, according to a press release from the parent company Metinvest B.V.
According to the release, pig iron production decreased by 10% compared to Q1-2023 and by 5% compared to Q4-2023, to 448 thousand tons, and coke production by 11% and 3%, respectively, to 283 thousand tons. In particular, in 1Q2024, Kametstal produced 403 thousand tons of pig iron and 469 thousand tons of crude steel, which is lower than in 2023 and is mainly due to the shutdown of blast furnace No. 9 for scheduled overhaul in March 2024.
In 1Q2024, the output of semi-finished products amounted to 166 thousand tons, down 5% compared to 1Q2023 and 41% quarter-on-quarter, mainly due to the shutdown of BF-9 at Kametstal for repairs, as well as an increase in domestic consumption at downstream stages.
In the first quarter of 2024, finished product output increased by 4% quarter-on-quarter and by 8% year-on-year to 584 thousand tons. At the same time, flat products output increased by 12% compared to Q1-2014, but decreased by 1% compared to Q4-2013, to 282 thousand tonnes, due to an increase in the order book at rolling mills in Italy and the UK, while long products output decreased by 3% compared to Q1-2013, and increased by 17% compared to Q4-2014, to 302 thousand tonnes.
In particular, hot-rolled plate output increased by 8% year-on-year to 253 kt due to a shift in the order book in favor of these products at Ferriera Valider in Italy; galvanized cold-rolled coil output doubled year-on-year to 29 kt. tonnes due to the resumption of galvanized cold-rolled steel production in Italy; production of galvanized cold-rolled coils doubled year-on-year to 29 thousand tonnes. kt due to the resumption of production at Unisteel in Ukraine amid more stable electricity supplies in the first quarter of 2024 than in the first quarter of 2023; long products output increased by 17% as billet production at Kametstal stabilized and supplies to Promet Steel in Bulgaria returned to normal.
It should be noted that on February 24, 2022, Russia launched a full-scale military invasion of Ukraine. The Group’s plants in Ukraine, except for Mariupol and Avdiivka, continue to operate at different levels of capacity utilization, taking into account safety, personnel, electricity, logistics and economic factors.
In the first quarter of 2024, coke production decreased by 11% year-on-year and by 3% quarter-on-quarter to 283 thousand tons after some cells of coke oven battery No. 1 at KAMETSTAL were shut down.
It is also reported that Metinvest increased its total production of iron ore concentrate by 2.1 times year-on-year to 4.859 million tons in January-March 2024, pellets by 31% to 1.585 million tons, and total coking coal concentrate production decreased by 26% to 1.086 million tons.
“As a result, in the first quarter of 2024, iron ore production increased by 36% quarter-on-quarter to 4.859 million tons; production of commercial iron ore products increased by 41% quarter-on-quarter to 4.403 million tons; production of saleable iron ore concentrate increased by 53% quarter-on-quarter to 2.818 million tons; production of saleable pellets increased by 23% quarter-on-quarter to 1.585 million tons, partly due to increased orders for pellets,” the press release states.
The unblocking of Ukrainian ports on the Black Sea and an increase in the order book for pellets had the following effects in 1Q2024 compared to 1Q2023: gross iron ore concentrate output increased by 2.2 times, commercial iron ore products by 2.3 times, commercial iron ore concentrate by 4 times, and commercial pellets by 31%, the report says.
The press release explains that the Group’s decrease in coal concentrate output by 4% quarter-on-quarter and 26% year-on-year was due to a 6% drop in production at Metinvest Pokrovskugol in Q4 2021 and a 9% drop in production in Q1 2021, to 640 thousand tons, and a deterioration in the quality of coking coal and a decline in production. At the same time, the production of coal concentrate at United Coal (USA) remained almost at the same level as in the previous quarter – 446 thousand tons, but decreased by 41% due to the downtime of the Carter Roag mine and a decrease in production at some Wellmore mines.
As reported, in 2023, Metinvest increased its total production of iron ore concentrate by 4% compared to 2022 to 11.092 million tons, pellets by 66% to 5.283 million tons, and total coking coal concentrate production increased by 10% to 5.455 million tons.
In 2023, the Group decreased steel production by 31% compared to 2022 to 2.025 million tons, pig iron by 36% to 1.765 million tons, and coke by 25% to 1.241 million tons.
“Metinvest comprises mining and metallurgical enterprises located in Ukraine, Europe and the United States. Metinvest’s major shareholders are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage the company. Metinvest Holding LLC is the management company of Metinvest Group.
“Metinvest Group comprises mining and metallurgical enterprises located in Ukraine, Europe and the USA.
The major shareholders of Metinvest are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage the company.
Metinvest Holding LLC is the management company of Metinvest Group.