Ukraine: Interpipe Steel on halt due to scrap shortages
Ukrainian metal companies have been suffering from scrap shortages for five months in a row.
Ukrainian metal companies have been suffering from scrap shortages for five months in a row.
According to the Ukrainian Federation of Metallurgists, the state owes 7 billion UAH of unpaid VAT to the mining-metallurgical complex of Ukraine.
In January-May Ukrainian companies mined 15958.4 thousand tons of ordinary coal, down by 53.7%, or by 18482.3 thousand tons YoY.
The state informational and analytical center Gosvneshinform says steel scrap exports in January-May are up by 37%, or by 191.8 thousand tons, to 509.4 thousand tons, YoY.