Ukraine: Krivoy Rog Iron Ore Industrial Complex output down in January-September 2015
In January-September Krivoy Rog Iron Ore Industrial Complex produced 4.13 million tons of iron ore, down by 2.1 YoY.
In January-September Krivoy Rog Iron Ore Industrial Complex produced 4.13 million tons of iron ore, down by 2.1 YoY.
The Ukrainian largest private metal company – Metinvest – thinks positively of the Zaporizhstal operation and supports its development.
In January-September Ingulets Mining and Processing Works, a part of the Metinvest Group of Companies, produced 8.53 million tons of iron ore concentrate, down by 16.5% YoY.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH21.185* min max July 491.04 491.04 August 478.30 478.30 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.08.15 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Zaporizhstal, a part of the Metinvest Group of Companies, expects the Ministry for infrastructure to prolong winter navigation on the river Dnepr, to decrease metal transportation costs.
Ukraine started restoring power transmission lines that connect Lugansk and Uglegorsk thermal power stations to the state energy system. The repairs could be over in 2 months.
In 2012-2014 Zaporizhstal decreased gas consumption by 40%.
Metinvest B. V. (the Netherlands) has increased its share in the Central Mining and Processing Works (CGOK, Dniepropetrovsk region) from 99.5707% to 99.7481%.