Ukraine: DTEK happy about new coal price

DTEK welcomes the transition to the new technique of calculating the price, where the coal price is linked with the European coal price index (API2). “Still we don’t feel any positive effect of the new technique yet. But the whole idea of bringing Ukrainian price to international market indexes is a correct decision, as the…

Ukraine: coal industry in need of state support

Ukraine’s coal industry needs state support in order to prepare for the heating season of 2016-2017. “Without the state support coalminers will have problems this heating season. I think the government will find funds to provide for the difference in product price”, said the minister of energy and coal industry Igor Nasalik. (Ukrainian metal)