Metinvest output to fall in 2014
Metinvest Group of Companies forecasts the decrease of its output in 2014 by 10% from the planned volumes.
Metinvest Group of Companies forecasts the decrease of its output in 2014 by 10% from the planned volumes.
In October Ukraine produced 1921 thousand tons of steel, up by 6.3%, or by 114 thousand tons, MoM.
In October Ukraine exported $93.75 million worth of ferroalloys, with imports reaching $13.59 million.
Mr Volodymyr Demchishin, Ukraine’s newly-appointed minister of energy and coal mining industry, said that Ukraine may take out about 2 million tons of coal from the conflict-hit Donbas region.
According to data released by Metallurgprom industry association, Ukraine’s export values of semi finished steel products in October totaled USD 263 million and the import values amounted to USD 5.79 million.
In October Ukraine (not counting the temporarily occupied territory of Crimea) mined 2.3 million tons of coal, down by 58.8% YoY.
According to Metinvest Group of Companies, in 2015 Ukrainian rolled metal market would shrink by 15%.
In January-November Ukrainian metal companies produced 25.24 million tons of carbon steel, down by 15.9% YoY.