Ukraine: UAH devaluation to affect scrap procurement
The state enterprise Ukrpromvneshexpertisa believes the UAH devaluation will have a negative effect on the local ferrous metals procurement.
The state enterprise Ukrpromvneshexpertisa believes the UAH devaluation will have a negative effect on the local ferrous metals procurement.
The State Security Service has stopped a railroad car with scrap metal heading to the occupied territory via Konstaninovka station.
A major dismissal of employees is planned at Khartsyzsk Pipe Works, a part of Metinvest.
In 2015 Mariupol Ilyich Iron and Steel Works and Azovstal offered 92 new types of products to their clients.
ArcelorMittal Kriviy Rih, the largest mining and metallurgical company of Ukraine, became the leader of the exporters. The rating was compiled by Forbes Ukraine on the basis of H1 2015 results.
In 2015 Ukraine exported 1.7 million tons of steel to Russia, down by 28.5% YoY and almost twice to 2011-2013.
In 2015 Dneprometiz received 60.86 million UAH of losses.
Ukrzaliznytsia (Ukrainian railways) plans to export scrap metal and asks the Ministry of infrastructure to help.