Daily Archives: 24.05.2012

Ukrainian metallurgical companies extended net pretax loss in Q1 2012

Ukrainian metallurgical companies have increased total net pretax loss in January to March 2012 3.6 times YoY to UAH 5.3 billion. Companies COGS per UAH 1 of production output has increased from UAH 1.025 in Q1 2011 to UAH 1.124 in Q1 2012, up by 9.7%.Mr. Vasiliy Kharakhulah, CEO of Metallurgprom, said sector performance had…

Ukraine puts restrictions on exports of iron and steel scrap

Ukraine’s Cabinet of Ministers has introduced restrictions on exports of iron and steel scrap of 900,000 tons.The Cabinet resolution No 388 was signed on May 3.It is explained that the restriction is introduced on the basis of Article 9 and Article 12 of the law on scrap metal.It reads as “The cabinet approves iron and…