Ukraine: ZZF output down in January-February 2016
In January-February Zaporozhye Ferro Alloys Plant produced 37.6 thousand tons of ferroalloys, down by 27.2% YoY.
In January-February Zaporozhye Ferro Alloys Plant produced 37.6 thousand tons of ferroalloys, down by 27.2% YoY.
Group DF has invested 74.5 million UAH into the project of a new mining and processing works construction in Zhitomir region. The new company will be called Stremigorodsky GOK and would specialize in mining and processing of ilmenite ore.
After Russia imposed the 5% import duty on Ukrainian metal products ArcelorMittal Kriviy Rih has stopped deliveries to this country altogether.
In 2015 Donetskkoks received 14.67 million UAH of losses.
In 2015 ArcelorMittal Kriviy Rih received 1.38 billion UAH of profits.
Zaporizhstal believes the local market has to be protected from imported rolled metal.
In 2015 Alchevskkoks received 4247.14 million UAH of losses.
Zaporizhstal exports some 8-10% of its products to Russia, even though its revenues decreased because of the 5% imports duty.