The Metinvest Group supplied 18.5 thousand tons of rolled steel for the construction of a new bridge in Genoa, Italy. 24 thousand tons of steel were used in the bridge construction in total, According to the Company’s website.

“In this project, it was essential that the supplier be able to guarantee the production of a significant amount of steel as soon as possible. I have worked with Metinvest before and therefore I was sure that the company would definitely fulfil these requirements,” says Siro Dal Zotto, Operations Director for Fincantieri Infrastructure and the main lead for the project.

Semi-finished products were made in Mariupol and high-strength rolled steel at Trametal in Italy.

“For us, it’s more than just work. The collapse of the old bridge was terrible news for our entire team. That is why we offered our long-time partner Fincantieri the best solution that helped the city recover from the tragedy,” says Yuriy Ryzhenkov, CEO of the Metinvest Group.

As reported earlier, on 3 August, a new bridge was opened in Genoa, in place of the old one that collapsed two years ago.  One of the spans of that bridge collapsed on 14 August 2018. More than 40 people were reported to have died, and around 20 injured.

The bridge was built in the 1960s. Its condition had raised a concern among specialists long before the accident.

According to the Ukrainian Seaports Authority, in March 2020, Ukrainian seaports increased export transshipment of iron ore by 49.1% to 2.96 million tons compared to March last year. Transshipment of ferrous metals in March dropped by 20.1% to 1.16 million tons.

 

In Q1, Ukrainian seaports increased export transshipment of iron ore by 48.2% to 7.8 million tons compared to the same period of the previous year.

Iron ore exports through seaports increased due to a 60.5% increase in transshipment in Pivdennyi Seaport to 7.1 million tons. Yuzhny Commercial Seaport SoE handled most iron ore cargo in this harbor.

The handling of ferrous metals for exports in Ukrainian ports decreased by 1.3% to 4.07 million tons in the first three months of the year.

Specifically, exports of rolled steel products decreased by 6.1% to 2.4 million tons. Pig iron transshipment increased by 31.6% to 675.7 thousand tons, scrap dropped by 52.7% to 7.4 thousand tons.

The following seaports increased exports of ferrous metals over the three months:

The following seaports decreased exports of ferrous metals:

In January–March, Ukrainian seaports handled a total of 31.6 million tons of cargoes meant for export. This is 10.1% up from Q1 2019.

In 2019, transshipment of iron ore through Ukrainian seaports grew by 33% to 37.3 million tons, compared to the previous year. Furthermore, Ukrainian seaports transshipped 15.3 million tons of ferrous metals and 6.7 million tons of coal over the year.

In 2019, transportation by rail showed a variety of trends for various types of mining & metals cargoes. Specifically, transportation of iron and manganese ores increased by 2.7%, whereas that of ferrous metals, coke and scrap decreased by 5%, to 12.1% and down to 21.9% respectively.

This was reported by the State Statistics Service.

In 2019, the downward trend in rail freight traffic continued. Thus, Ukrzaliznytsia reduced the cargo transportation volume by 2.9%, down to 312.9 million tons, or by 2.4%, down to 181,844.7 million ton-kilometers. 262.6 million tons of cargoes were transported domestically and abroad, 1.9% down from 2018.

In 2019, Ukrzaliznytsia also reduced transportation of timber cargo by 58.3%, construction materials by 19.1%, coal by 6.4%, oil and petroleum products by 5.7%, cement by 4.9%.

At the same time, transportation of grain and grinding products increased by 21%, and of chemical fertilizers by 31.5%.

As reported earlier, in January–November 2019, the share of products of the mining & metals sector in the structure of rail transportations of Ukrzaliznytsia was 29.9%. Meanwhile, transportation of iron ore increased by 3%.

In 2018, the rail freight volume dropped by 5.1% to 322.3 million. This indicator has been declining for the eighth year in a row.

In the context of constantly growing tariffs, decreasing turnover of cars and a level of guarantees for the timeliness and completeness of shipments of goods, part of the cargo flow is automatically transferred from rail to road transportation. In 2019, the road transportation volume increased by 29.7% to 242.7 million tons.

According to the 2020 draft financial plan of Ukrzaliznytsia, the volume of cargo transportation in 2020 will increase by 5.5% against the cargo turnover expected in 2019, up to 192.6 million ton-kilometers, including: