Ukraine: coal industry in crisis
To understand the impact of events in Donetsk and Lugansk on the Ukrainian coal industry, two main questions need to first be answered:
To understand the impact of events in Donetsk and Lugansk on the Ukrainian coal industry, two main questions need to first be answered:
In January-June Ukrainian companies exported 10.2 million tons of ferrous metals worth $4.2 billion, up by 26.7% and down by 42.1% YoY respectively.
The occupied territories face problems with fuel, machinery and railroad, said the Ministry for energy and coal ministry Vladimir Demchyshin.
In January-August Ukrainian companies exported 992.85 thousand tons of ferrous metals scrap worth $241.9 million, up by 56% or by 59% and by 10.6% or 22.7% YoY respectively.
The largest coke works in Europe – Avdiivka Coke and Chemical Works – could stop operating because of the lack of empty railroad cars.
Metinvest Group of Companies has applied to the Anti-monopoly committee of Ukraine asking for permission to purchase the Dneprodzerzhinsk By-product Coke Plant, owned by the Russia-based Evraz.
There is no political background in Antonov’s cooperation with Dneprospetsstal (DSS), main shareholders of which are Russian, said Ukroboronprom general director Roman Romanov.
Metinvest is negotiating with the so-called Donetsk People’s Republic about the work of its companies there and pays taxes to the separatists, said the Donetsk region military-civilian administration chairman Pavel Zhebrivsky.