Ukraine: Zasyadko mine to be privatized

The State Property Fund of Ukraine intends to sell some 450 state companies in 2016, including Odessa Port Works, Kievenergo, Azovmach and Mine named after Zasyadko.

Ukraine: Motronovsky GOK keeps employees idle

A part of the workers of the Motronovsky Mining and Processing Works, that is being constructed, have been sent to paid vacations.

Metals of Ukraine & Russia: pellets, January 2016

Ukraine: DZMK ups losses in 2015

In 2015 Dniepropetrovsk Metal Construction Works named after Babushkin received 155.32 million UAH of losses.

Ukraine: scrap procurement breaks another anti-record in February 2016

In February scrap procurement totaled 181 thousand tons, with local market shortage at 53 thousand tons, or 23% of the needs (234 thousand tons).

Ukraine: metallurgists the worst borrowers

Metal industry is the worst borrower for banks: past-due debts on loans reach 39.5%, with foreign currency loans amounting to 91.6%.

Ukraine: Lisichanskugol changes directors

Boris Perepelitsa has been appointed the acting director of Lisichanskugol.

Ukraine: miners to get 63 million UAH of salary debts

The Ministry of energy and coal industry has sent 63.7 million UAH to the state coal companies to clear their salary debts to miners.

Ukraine: DMKD not to pay fines for illegally used raw materials back in 1993

Since the early 1990-th Dneprovsky Iron and Steel Works named after Dzerzhinsky has been stocking the material assets of the mobilization reserve.

Ukraine: VAT reimbursement in February 2016

In February ArcelorMittal Kriviy Rih received the most VAT reimbursement among metal and mining companies – 1.18 billion UAH.

Ukraine: ZTMK output up in 2015

In 2015 Zaporozhye Titanium and Magnesium Works produced 7.7 thousand tons of spongy titanium, up by 7% YoY.

Ukraine: DSS losses down in 2015

In 2015 Dneprospetsstal decreased its net losses by 19.8% YoY, to 706.57 million UAH.

Ukraine: Zaporizhstal output up in January-February 2016

In January-February Zaporizhstal produced 584.7 thousand tons of rolled metal, up by 3.7% YoY.

Ukraine: Metinvest case against Alchevsk Works resumed

The Commercial court of Kiev has renewed the case of Metinvest Holding against Alchevsk Iron and Steel Works for the recovery of 5.82 billion UAH.

Ukraine: metal output in February 2016

In February Ukraine produced 1.97 million tons of steel, up by 1.7% MoM.

Ukraine: the new scrap balance violates the law

The Ministry of economical development and trade has approved of the 2016 ferrous scrap balance with legislation violations, Metallurgprom and Federation of Ukrainian Metallurgists believe.

Ukraine: the country to turn into scrap exporter

Ukraine’s government doesn’t think about national economical interests, and the country could turn into a scrap exporter, by disassembling its own works, said Zaporizhstal CEO Rostislav Shurma.

Ukraine: Ilyich enraged by scrap shortage

In January-February Mariupol Ilyich Iron and Steel Works lacked ferrous scrap and had to substitute it with more expensive pig iron, thus decreasing its metal competitiveness.