Ukraine: Poroshenko changes his views on metal industry
Ukraine’s metal industry is among priorities for the authorities, but as for now it’s ineffective and not completely competitive.
Ukraine: steel pipes export-import in 2015
In 2015 Ukraine exported $584.72 million worth of steel pipes, with imports on the level of $80.1 million.
Ukraine: Lvivugol receives 38 million UAH to pay salary
On January 21, the Ministry of energy and coal industry transferred 38 million UAH to Lviv region to clear miners’ salary debts.
Ukraine: 28.2 million tons of coal mined in 2015
Coal mining in Ukraine (without the temporarily occupied territories of Crimea and the ATO Zone) in 2015 fell by 36.8% YoY, to 28.2 million tons.
Ukraine: Alchevsk Works output down in 2015
In 2015 Alchevsk Iron and Steel Works produced 624 thousand tons of rolled metal, down by 72.6% YoY.
Ukraine: scrap price to fall in 2016
Ukrpromvneshexpertisa believes ferrous metals scrap prices on the local market will fall by 18.26% YoY, or by 670 UAH, to 3 thousand UAH per ton.
Ukraine: Metinvest revenues down in November 2015
In November 2015 Metinvest received a negative EBITDA of $4 million, while in October 2015 the result was a positive $2 million.
Ukraine: Bilanovsky GOK allowed to dig the open pit
Bondary and Dmitrovka villagers have allowed the Bilanovsky Mining and Processing Works to start mine workings at the Bilanovskoye ferruginous quartzite deposits.