Ukraine: AzovElectroStal resumes operation
AzovElectroStal (Mariupol, Donetsk region) has resumed operation.
AzovElectroStal (Mariupol, Donetsk region) has resumed operation.
Despite the free trade zone with EU, in 2016 demand for Ukrainian metal on world markets will continue to decrease.
In 2015 industrial product prices increased by 25.4%.
Ukrainian Mining and Metallurgical Company stated it lost 6 warehouses in Donetsk and Lugansk regions as well as Russia-annexed Crimea in 2014-2015.
Lugansk Casting and Mechanical Works, situated in the Ukraine-uncontrolled territory, has reregistered in Zaporozhye.
In 2016 metal consumption will grow, says Ukrainian Mining and Metallurgical Company CEO Valentin Sobchuk.
In 2015 Izmail trade seaport trans-shipment increased by 53% YoY.
The Ministry of energy and coal industry will provide 70 million UAH to clear salary debts to the state miners.