Ferrexpo provided over 70 vehicles to Armed Forces, Territorial Defense

Ferrexpo provided over 70 vehicles of various classes to cover the needs of Armed Forces of Ukraine, and the Territorial Defense, for a total amount over $3.5 million.

“The need for vehicles – is one of the key needs. According to current legislation under martial law we responded promptly, and organized the transfer of vehicles of various classes at the property of the company”, said Yuriy Khimich, Head of Corporate Social Responsibility Programs of Ferrexpo in Ukraine.

As a reminder, Ferrexpo expanded funding for the Humanitarian Fund to $7.5 million to provide further support to local communities close to the Group’s operation, as well as broader support for communities throughout Ukraine.

The company supported via the Fund projects worth from $10,000 to over $1 million. In particular, these are projects for providing temporary accommodation for refugees, providing firefighters with equipment, including special equipment, for search, and rescue operations, supplying medications of local hospitals, etc.

  • Global Market

The price of CBAM certificates is not expected to change significantly in Q2 – forecast

The price of CBAM allowances in the second quarter of this year is likely to…

Tuesday June 23, 2026
  • Global Market

The Chinese steel market is experiencing a prolonged downturn in demand – experts

The Chinese steel market is experiencing a prolonged slowdown in demand rather than a sharp…

Tuesday June 23, 2026
  • Global Market

Japan is imposing anti-dumping duties on imports of stainless steel from China and Taiwan

The Japanese Government has announced plans to impose anti-dumping duties on imports of nickel-containing cold-rolled…

Tuesday June 23, 2026
  • Global Market

Global steel production fell by 0.3% y/y in May

Global steel production in May 2026 fell by 0.3% year-on-year to 157.9 million tonnes. This…

Tuesday June 23, 2026
  • Global Market

Nucor has increased the price of hot-rolled coils by $5/t

US steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil…

Tuesday June 23, 2026
  • Global Market

The EBRD is to provide $25 million in funding for the modernisation of the Tashkent Pipe Plant

The European Bank for Reconstruction and Development is providing a loan of up to $25…

Tuesday June 23, 2026