PJSC “Dniprovsky Iron & Steel” (DMZ, formerly – “Dneprokoks”), part of DCH Steel group of businessman Alexander Yaroslavskyy, in January-April produced 35.1 thousand tons of rolled steel, while in January-March the plant has not produced this product, and in April released 11.7 thousand tons of rolled steel.
According to DCH Steel corporate newspaper, in April this year the plant produced 5.7 thousand tons of rolled products, which is less than the same period last year by 51.2%.
At the same time, the company increased coke output by 6.5% during this period, to 74.4 thousand tons.
At the same time in April it produced 5.7 thousand tons of rolled products and 28.6 thousand tons of coke.
“The decline in production is due to the shutdown of rolling mills,” the company’s information states.
And it is added that on May 8 rolling shop No. 1 was put into operation, while rolling shop No. 2 is preparing for the next working campaign. The company’s KHZ intends to increase its output.
In 2022, DMZ reduced its output of rolled products by 74.2% YoY to 58.4 thnd mt – of coke by 56.3% to 211.3 thnd mt.
DMZ specializes in the production of steel, pig iron, rolled steel and rolled products. On March 1, 2018, DCH Group signed an agreement to purchase Dneprovskyy Metallurgical Plant from Evraz.
Oil quotes are declining in the afternoon on Thursday. The market is assessing the monetary policy of the Bank of England, data on inflation and oil imports in China and waiting for the monthly OPEC report.
The price of July Brent futures on London’s ICE Futures Exchange stands at $76.25 a barrel by 2:25 p.m., down $0.16 (0.21%) from the previous session’s closing price.
The price of futures on WTI crude oil for June on electronic trade of the New York Mercantile Exchange (NYMEX) fell by that time by $0.19 (0.26%), to $72.37 per barrel.
The rate of consumer price growth in China slowed to a 0.1% annualized rate in April from 0.7% in March, data from the State Statistics Office showed. April inflation is the lowest since February 2021. Analysts on average had forecast it would weaken to 0.4%, Trading Economics noted.
In addition, China reduced oil imports in April by 16% year-on-year to 10.6 million barrels per day, adding to fears of a slowdown in its economy.
Traders may also react to the outcome of the Bank of England meeting, which raised the benchmark interest rate by 25 basis points to 4.5% per annum.
The oil market has shown itself to be a “lightning rod for volatility” of late, notes KCM Trade Senior Market Analyst Tim Waterer, whose words are quoted by MarketWatch. In his opinion, extreme price fluctuations cannot be ruled out in this regard, especially given the high sensitivity of oil prices to expectations for global economic growth.
PJSC “Production Association “Stalkanat” (Odessa) on the results of work in January-March this year, increased net profit in 2.2 times compared with the same period last year – up to 77.304 million UAH.
According to the interim report of the company, net income for this period decreased by 3.2% – to UAH 701.047 mln.
Undistributed profits amounted to UAH 234.019 mln as of March 31, 2023.
As reported, in 2022 “Stalkanat” received a net profit of 325.073 million UAH against a slight loss a year earlier, while 2021 ended with a net loss of 309 thousand UAH.
The general meeting of shareholders, held on September 3, 2021, decided to separate PJSC Stalkanat-Silur and create a new company – PJSC Stalkanat with the transfer of its property, rights and obligations according to the approved distribution balance sheet.
PA Stalkanat-Silur PJSC (Odessa) previously had two branches – in Odessa and Khartsyzsk, Donetsk region on the NKT. On December 1, 2016, the company’s management officially notified about the shutdown of the company’s branch in Khartsyzsk – a relevant announcement was published in the Uryadovy Kurier newspaper. Later, the management of PAO Stalkanat-Silur PJSC stated about the seizure of the company’s branch in Khartsyzsk on NKT and sent a corresponding statement to the National Police.
The charter capital of PJSC Stalkanat is UAH 17.736m.
Export changes in % to previous period in 2021-2023
Source: Open4Business.com.ua and experts.news
Krivoy Rog Iron Ore Deposits Plant (KZHRK) in January-April of this year reduced the production of marketable iron ore by 31.4% as compared to the same period last year – up to 805 thousand tons.
According to the company, in April, the mine “Pokrovskaya” produced 60 thousand tons of ore, “Krivoy Rog” – 70 thousand tons, “Kozatska” – 55 thousand tons and “Ternovskaya” also 55 thousand tons, the total for the combine in April – 240 thousand tons.
As Ukrainian News earlier reported, in the first quarter of 2023 KZHRK reduced the production of marketable iron ore from underground mining by 36.4% y-o-y, to 565 thousand tons.
Pokrovskaya Mine produced 55 thousand tons of ore, Krivoy Rog also 55 thousand tons, Kozatska – 60 thousand tons, and Ternovskaya Mine also 60 thousand tons. The total output of the combine in March was 230 thousand tons.
In February, all four mines produced 50 thousand tons of ore each, totaling 200 thousand tons per month.
In January 2023 mine “Pokrovska” produced 25 thousand tons of ore, “Kryvorizka” – 40 thousand tons, “Kozatska” – also 40 thousand tons, and “Ternivska” – 30 thousand tons, the total output of the combine in January – 135 tons.
In 2022, KZHRK reduced the production of marketable iron ore from underground mining by 32.8% versus the previous year, to 2.888 million tons.
KZHRK specializes in underground mining of iron ore. KZHRK has four mines: “Pokrovska” (formerly “October”), mine “Krivorozhskaya” (“Rodina”), “Kozatska” (formerly “Gvardeyskaya”) and “Ternovskaya” (formerly the Ordzhonikidze mine, then named after Lenin).
Starmill Limited owns 99.88% stake in the company.
As previously reported, SCM Group owns a certain stake in KZHRK, while Metinvest Group is not related to KZHRK. At the same time, SCM Group is only an investor, while Privat Group exercises operational control over the plant.
About 15 million Ukrainians may need psychological help after the war, Oleksandra Mashkevych, director of the Health Ministry’s Medical Services Department, forecasts.
“According to our tentative calculations, about 15 million citizens will need psychological help and psychosocial support,” she said on the air of the National Telethon on Thursday.
Mashkevich noted that different groups of population will need such assistance, including children, veterans, servicemen, their families, returnees from captivity and others.
She recalled that for psychological assistance under the initiative of the first lady of Ukraine Elena Zelenskaya, the Ministry of Health has developed a project to provide such assistance at the primary level of medical care.
“The state has already trained about 10 thousand primary care doctors. They have received special training from the WHO and the Ministry of Health and already have skills in primary psychological care. Any person who experiences anxiety, some changes in his behavior and feels that he needs help, can go to these doctors and undergo a mental health screening to identify deeper problems and respond in time,” she said.
At the same time, the DHS spokeswoman added that a patient can go to a family physician for such help.
“We’re talking about additional skills specifically for doctors who received additional training during the war and gained skills that they, unfortunately, could not get when they were studying in medical schools,” she said.
