Ukraine: ZALK losses up in January-September 2015
In January-September Zaporozhye Aluminum Works received 1336.89 million UAH of net losses, up by 11.7% YoY (1197.07 million UAH).
In January-September Zaporozhye Aluminum Works received 1336.89 million UAH of net losses, up by 11.7% YoY (1197.07 million UAH).
The government of the so-called Donetsk People’s Republic, a terrorist organization, supported by the Putin regime, plans to import iron ore raw materials from the Kursk Magnetic Anomaly in Russia as an alternative to Ukraine.
Turboatom has put one of its two steel smelting furnaces after a major overhaul into operation. The modernization helped to increase metal quality and output, while decreasing air pollution.
The quality of Ukrainian steel is low, while its prime cost is high.
Ukraine has left the TOP-10 world producers of steel, but has still increased its output YoY.
Metinvest has finished repairing the railroad bridge over river Kalchik. The bridge, that connected Mariupol Ilyich and Azovstal Iron and Steel Works with the ports, was blown on December 23, 2014.
In January-September Donetsk region (without the antiterrorist operation zone) decreased its industrial output by 41.1%. At the same time September results were 16.9% better YoY.