Ukraine: metal makers produce the most currency
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.
Ukraine: Metinvest to reduce administration
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.
Ukraine: steel output down in 2015
In 2015 Ukraine produced 22935 thousand tons of steel, down by 15.5%, or by 4209 thousand tons YoY.
Ukraine: ferroalloys export-import on 2015
In 2015 Ukraine exported $863.9 million worth of ferroalloys, while imports reached $100.92 million.
Ukraine: VostGOK contracts being checked for corruption
The National anti-corruption bureau is investigating the possible embezzlement and appropriation of funds by the officials of Vostochny Mining and Processing Works when it concluded the contract for the delivery of uranium oxide concentrate with Steurmann Investitions- und Handelsgesellschaft mbH (Austria).
Ukraine: manganese ore export-import in 2015
In 2015 Ukraine imported $187.77 million worth of manganese ore, while exports reached $11.36 million.
Ukraine: VostGOK unable to find auditor
Vostochny Mining and Processing Works couldn’t find an auditor company to confirm its financial reports for 2015.
Ukraine: coke output down in 2015
In 2015 Ukraine produced 11606 thousand tons of bulk coke (6% moisture), down by 16%, or by 2215 thousand tons YoY.