Ukraine: Metinvest and DTEK talks with creditors going slow
Metinvest negotiations with its creditors about the $3 billion debt restructuring are slow and ineffective, say the banks.
Ukraine: VostGOK unable to buy electricity for December 2015
Vostochny Mining and Processing Works wasn’t able to buy 15.31 million kWh for December.
Ukraine: coal industry to receive more subventions
The parliament has registered a decree to pay all debts and salaries to the state coal miners.
Ukraine: DTEK Ternovskoye Mine Group starts new long face
The new long face with 1.2 million tons of coal has been opened at DTEK Ternovskoye Mine Group. This will provide the miners with 2 years of work and 6 Ukrainian thermal electric stations with fuel.
Ukraine: ISD hoping for smooth debt settlement with Reachcom
The Industrial Union of Donbass (ISD) corporation doesn’t expect an aggressive recovery of its $60 million debt on behalf of the Cyprus-based Reachcom Limited, after the Ukrainian courts acknowledged the writ of the London International Arbitrary Court.
Ukraine: DTEK coal output down in January-September 2105
In January-September DTEK companies mined 21.4 million tons of coal, down by 25.6% YoY. Ordinary coal processing totaled 14.7 million tons, while concentrate manufacture fell to 8.9 million tons.
Ukraine: DMKD saved from halt
Implementation of the pulverized coal at Dneprovsky Iron and Steel Works named after Dzerzhinsky blast furnaces prevented the halt of the company, says the Industrial Union of Donbass (ISD) executive director Maxim Zavgorodny.
Ukraine: steel consumption down in 2014
Last year Ukraine consumed 4.8 million tons of steel, down by 24% as compared with 2005.