Ukraine: Ukrvtorchermet doubles losses in 2014
In 2014 Ukrvtorchermet (Kiev) received 116.72 million UAH of losses.
In 2014 Ukrvtorchermet (Kiev) received 116.72 million UAH of losses.
In March Ukraine produced 113.6 thousand tons of manganese concentrate and sinter, up by 86.8%, or by 52.8 thousand tons, MoM.
In January-March Ukrainian companies exported 265.81 thousand tons of ferrous metals scrap, up by 71%, worth $69.02 million, up by 40.3%, YoY.
In 2014 Interpipe Dniepropetrovsk Vtormet increased its loses by 57.3%, to 68.8 million UAH, YoY.
The majority of mining and metal companies in Ukraine have been on the verge of bankruptcy since 2014, which they managed to avoid only thanks to the devaluation of the national currency and the improved competitiveness of Ukrainian products on foreign markets, Metinvest CEO Yuriy Ryzhenkov said.
In the first quarter of 2015 Ukrainian companies produced 245.9 thousand tons of ferroalloys, down by 5.5% YoY.
In January-March Ukraine imported 308.93 thousand tons of manganese ore and concentrate, up by 83.8%, or by 51.2%, to $46.38 million, YoY.
In 2014 Alchevskkoks (Lugansk region) received 3749.98 million UAH of losses.