Ukraine: metal output in Donetsk down in 2015
In 2015 Donetsk region (without the anti-terrorists operation zone) industrial production decreased by 34.7% YoY.
In 2015 Donetsk region (without the anti-terrorists operation zone) industrial production decreased by 34.7% YoY.
The mining-metallurgical complex, even despite the crisis, is one of the key engines of Ukrainian economy with 15 billion UAH of taxes and around 1 million employees.
In 2016 Metinvest plans to dismiss up to 30% of its administration staff due to the uncertain steel market situation and the metal prices drop, as well as the demand decrease.