Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "GMK"


2 mentions found


That fell to 21-22 million tonnes by 2021, and after Russia invaded last year, output hit 6.3 million in 2022. But even with consumption nearly doubling to 2.6 million tonnes between January and September, that is not enough to sustain a sector that used to export four fifths of its output. Zaporizhstal expects to export two thirds of its 2.4-2.5 million tonnes of iron ore and rolled steel production in 2023. Before the invasion, output was 4.2 million tonnes a year. "We can say that blackouts last winter (reduced) steel production by two to three times," Zinchenko said, citing production data for the months when blackouts were most regular.
Persons: Oleksandr Ratushniak, ZAPORIZHZHIA, Roman Slobodianiuk, Ukraine's, Oleksandr Kalenkov, Slobodianiuk, Stanislav Zinchenko, Medkov, Oleksandr Yasunas, Zinchenko, Mike Collett, White, Barbara Lewis Organizations: Steel, REUTERS, Staff, Reuters, GMK, Thomson Locations: Ukraine, Zaporizhzhia, Russia, Soviet, Ukrainian, Mariupol, Europe, Odesa, Kyiv, Romania, Bulgaria, Turkey, Russian
When Russia blockaded Ukrainian ports on the Black Sea after its full-scale invasion last year, grain that could feed millions worldwide piled up in silos. Roughly half the world’s supply of the neon used in lasers to make chips was taken off the market. But while Russian ships menaced off the Ukrainian coast, the small ports in the Danube river on the Romanian border kept working, offering a small but vital lifeline. Now, two weeks after the collapse of that deal, the small Danube ports are the only shipping outlet for millions of tons of grain once again trapped in Ukraine — and Russia has made clear they, too, are under threat. “The Danube is our gateway at sea to Europe and the world,” Stanislav Zinchenko, chief executive of GMK, a Kyiv-based economic think tank, said in an interview.
Persons: ” Stanislav Zinchenko Locations: Russia, Ukrainian, Romanian, Ukraine —, Europe, Kyiv
Total: 2