(c) facebook.com/Ferrexpo.Ukraine
The Ferrexpo mining company has employed 88 internally displaced persons at its enterprises since the beginning of the war. This is stated in the company’s messages on Facebook.
“The Russian invasion forced many Ukrainians from such regions as Kharkiv and Sumy to leave their homes and rebuild their lives in the most difficult conditions in other regions of the country,” the report says.
The new employees took up positions that corresponded to their level of training and skills, including truck drivers, craftsmen, mechanics and medical personnel.
“We will continue to engage evacuees wherever we can as we work together to support Ukraine’s economy and our communities,” Ferrexpo added.
The company created a humanitarian fund in the amount of $12.5 million to provide further support to local communities in the region of operation, as well as to provide wider support to communities throughout Ukraine.
As GMK Center reported earlier, Ferrexpo based in January-June 2022 reduced production of pellets by 16% compared to the same period in 2021 – to 4.8 million tons. The company’s sales in the first half of the year decreased by 21% – to 4.4 million tons.
Huta Czestochowa, one of the largest steel companies in Poland, will be officially revalued. The…
Global GDP growth will slow to 2.8% in 2025 and 3% in 2026. This is…
In March 2025, Chinese steelmakers that are members of the CISA industry association increased their…
Quotes for Chinese coke in the port of Zhizhao rose by $1.4/t – to $184/t…
Italian steelmakers increased steel production by 11.2% in March 2025 compared to the previous month…
One of the challenges for the Ukrainian steel and mining industry is the shortage of…