Ukraine: Krasnoarmeyskugol miners in despair
The state owes 100 million UAH of salary to Krasnoarmeyskugol miners. But has paid only 10 million for September debts. 8.5 million UAH of this debt still remains.
The state owes 100 million UAH of salary to Krasnoarmeyskugol miners. But has paid only 10 million for September debts. 8.5 million UAH of this debt still remains.
Interpipe works have prepaid Naftogaz Ukrainy 23.5 million UAH for gas.
In January-November Ukraine produced 61.08 million tons of iron ore concentrate, down by 3% YoY.
Month Russian market, $/t, EXW, without VAT, $1/RUR64.374* Ukrainian market, $/t, without VAT, EXW, $1/UAH22.904* min max min max September 306.80 653.54 428.96 436.61 October 313.79 653.54 417.09 417.09 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.10.15 according to the National Bank of Ukraine and the Central Bank of the…
Zaporizhstal has received a part of its VAT debt (297 million UAH) and resumed construction of gas-purifying machines at its sinter shop.
In 2015 Ukrainian metal companies are expected to produce 23 million tons of steel, 22 million tons of pig iron and 20 million tons of rolled metal, all down by 15%, 11% and 16% YoY respectively.
Azovstal Iron and Steel Works repairmen have joined Metinvest-PromServis, and that positively affects their salary.