DTEK plans to increase coal output at its mines in the second half of 2016 by 3.5 million tons HoH. According to the company commercial director Vitaly Butenko, Ukraine’s thermal power plants need 1.5 million tons of gas coal per month, with DTEK supplying 1.2-1.25 million tons. Because of the increase in investments DTEK will…
Alexander Vladychenko has won the competition for the office of the Ministry of energy and coal industry coal department director. Previously he worked as the general director and the chairman of the supervisory board of Belozerskaya mine, deputy director and chairman of Mine Group Donbass as well as the executive director of Ukrexpert. (Ukrainian metal)
In January-August Ferrexpo produced 7.52 million tons of iron ore pellets, down by 1.8% YoY. According to the company statement, concentrate output went up by 2.3% YoY, to 9.56 million tons. In August pellets output increased by 79 thousand tons MoM, to 939 thousand tons, while that of concentrate went up by 86 thousand tons,…
In January-August Evraz Sukhaya Balka produced 1.86 million tons of iron ore, down by 1% YoY. In August iron ore output totaled 327 thousand tons, up from 232 thousand tons in July. In 2015 Evraz Sukhaya Balka produced 2.81 million tons of iron ore, down by 2.7% YoY. (Ukrainian metal)
In January-August Interpipe-Steel produced 401 thousand tons of steel, up by 1.5% YoY. In August the works smelted 45 thousand tons of steel, down from 53 thousand tons in July. The company confirmed problems with ferrous scrap supplies. (Ukrainian metal)
In January-August Ukrainian companies supplied 1.99 million tons of ferrous scrap to local metal producers, down by 8.1% YoY. According to the Ministry of economic development and trade, this is 83% of the scrap needs. In August metal companies received 240 thousand tons of scrap and 254 thousand tons in July. Scrap exports in January-August…
Ukraine sees the decrease in scrap procurement. In H1 scrap procurement dropped by 40% YoY. In January-June Ukraine procured 1590 thousand tons of scrap, down from 2393 thousand tons in H1 2015. The main reason for the decrease is the low local prices. As of July 1, 1 ton of scrap FOB Black Sea cost…
The President of Ukraine Petro Poroshenko has signed a decree, which increases the ferrous scrap metal export duty from 10 euro per ton to 30 euro. The Verkhovnaya Rada adopted the decree on April 21. The decree presupposed the temporary duty increase – for 3 years. But the President vetoed it, and returned it to…